Advanced Biomedical Technologies Stock Return On Equity
| ABMT Stock | USD 0.0006 0.00 0.00% |
Advanced Biomedical Technologies fundamentals help investors to digest information that contributes to Advanced Biomedical's financial success or failures. It also enables traders to predict the movement of Advanced Pink Sheet. The fundamental analysis module provides a way to measure Advanced Biomedical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Advanced Biomedical pink sheet.
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Advanced Biomedical Technologies Company Return On Equity Analysis
Advanced Biomedical's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Advanced Biomedical Technologies has a Return On Equity of 0.0. This is 100.0% lower than that of the Health Care Equipment & Supplies sector and 100.0% lower than that of the Health Care industry. The return on equity for all United States stocks is 100.0% lower than that of the firm.
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Advanced Fundamentals
| Return On Asset | -0.78 | |||
| Operating Margin | (3.86) % | |||
| Current Valuation | 3.52 M | |||
| Shares Outstanding | 70.22 M | |||
| Shares Owned By Insiders | 3.32 % | |||
| Price To Earning | (12.00) X | |||
| Price To Sales | 31.97 X | |||
| Revenue | 123.59 K | |||
| Gross Profit | 71.77 K | |||
| EBITDA | (282.69 K) | |||
| Net Income | (672 K) | |||
| Cash And Equivalents | 6.98 K | |||
| Total Debt | 6.36 M | |||
| Debt To Equity | (1.04) % | |||
| Current Ratio | 0.03 X | |||
| Book Value Per Share | (0.12) X | |||
| Cash Flow From Operations | 646.66 K | |||
| Earnings Per Share | (0.01) X | |||
| Number Of Employees | 17 | |||
| Beta | 0.63 | |||
| Market Capitalization | 4.14 M | |||
| Total Asset | 469.23 K | |||
| Retained Earnings | (2.88 M) | |||
| Working Capital | (4.38 M) | |||
| Current Asset | 34 K | |||
| Current Liabilities | 4.42 M | |||
| Z Score | -19.2 | |||
| Net Asset | 469.23 K |
About Advanced Biomedical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Advanced Biomedical Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advanced Biomedical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advanced Biomedical Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Advanced Biomedical
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 Advanced Biomedical 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 Advanced Biomedical will appreciate offsetting losses from the drop in the long position's value.Moving together with Advanced Pink Sheet
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Moving against Advanced Pink Sheet
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| 0.54 | CVX | Chevron Corp Financial Report 26th of July 2024 | PairCorr |
The ability to find closely correlated positions to Advanced Biomedical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advanced Biomedical 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 Advanced Biomedical - 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 Advanced Biomedical Technologies to buy it.
The correlation of Advanced Biomedical 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 Advanced Biomedical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advanced Biomedical 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 Advanced Biomedical 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Biomedical Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Advanced Pink Sheet analysis
When running Advanced Biomedical's price analysis, check to measure Advanced Biomedical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Advanced Biomedical is operating at the current time. Most of Advanced Biomedical's value examination focuses on studying past and present price action to predict the probability of Advanced Biomedical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Biomedical's price. Additionally, you may evaluate how the addition of Advanced Biomedical to your portfolios can decrease your overall portfolio volatility.
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