Reliq Health EBITDA vs. Shares Owned By Insiders

RQHTF Stock  USD 0.0001  0  90.91%   
Considering the key profitability indicators obtained from Reliq Health's historical financial statements, Reliq Health Technologies may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Reliq Health's ability to earn profits and add value for shareholders.
For Reliq Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Reliq Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Reliq Health Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Reliq Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Reliq Health Technologies over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Reliq Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliq Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliq Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Reliq Health Technologies Shares Owned By Insiders vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Reliq Health's current stock value. Our valuation model uses many indicators to compare Reliq Health value to that of its competitors to determine the firm's financial worth.
Reliq Health Technologies is rated below average in ebitda category among its peers. It is rated fifth in shares owned by insiders category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Reliq Health's earnings, one of the primary drivers of an investment's value.

Reliq Shares Owned By Insiders vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Reliq Health

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
(8.02 M)
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

Reliq Health

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
1.76 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.

Reliq Shares Owned By Insiders Comparison

Reliq Health is currently under evaluation in shares owned by insiders category among its peers.

Reliq Health Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Reliq Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Reliq Health will eventually generate negative long term returns. The profitability progress is the general direction of Reliq Health's change in net profit over the period of time. It can combine multiple indicators of Reliq Health, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Reliq Health Technologies Inc., a telemedicine company, develops virtual care solutions for the healthcare market. Reliq Health Technologies Inc. was incorporated in 2005 is headquartered in Hamilton, Canada. Reliq Health is traded on OTC Exchange in the United States.

Reliq Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Reliq Health. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Reliq Health position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Reliq Health's important profitability drivers and their relationship over time.

Use Reliq Health in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Reliq Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Reliq Health will appreciate offsetting losses from the drop in the long position's value.

Reliq Health Pair Trading

Reliq Health Technologies Pair Trading Analysis

The ability to find closely correlated positions to Reliq Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Reliq Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Reliq Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Reliq Health Technologies to buy it.
The correlation of Reliq Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Reliq Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Reliq Health Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Reliq Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Reliq Health position

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Other Information on Investing in Reliq Pink Sheet

To fully project Reliq Health's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Reliq Health Technologies at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Reliq Health's income statement, its balance sheet, and the statement of cash flows.
Potential Reliq Health investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Reliq Health investors may work on each financial statement separately, they are all related. The changes in Reliq Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Reliq Health's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.