Addus Homecare Stock Net Asset
| A41 Stock | EUR 86.50 0.50 0.57% |
Addus HomeCare fundamentals help investors to digest information that contributes to Addus HomeCare's financial success or failures. It also enables traders to predict the movement of Addus Stock. The fundamental analysis module provides a way to measure Addus HomeCare'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 Addus HomeCare stock.
Addus |
Addus HomeCare Company Net Asset Analysis
Addus HomeCare's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Addus HomeCare Net Asset | 937.99 M |
Most of Addus HomeCare's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Addus HomeCare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Addus HomeCare has a Net Asset of 937.99 M. This is much higher than that of the Healthcare sector and significantly higher than that of the Medical Care industry. The net asset for all Germany stocks is notably lower than that of the firm.
Addus Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Addus HomeCare's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Addus HomeCare could also be used in its relative valuation, which is a method of valuing Addus HomeCare by comparing valuation metrics of similar companies.Addus HomeCare is currently under evaluation in net asset category among related companies.
Addus Fundamentals
| Return On Equity | 0.0762 | |||
| Return On Asset | 0.0456 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 1.72 B | |||
| Shares Outstanding | 16.11 M | |||
| Shares Owned By Insiders | 1.98 % | |||
| Shares Owned By Institutions | 98.02 % | |||
| Price To Earning | 50.08 X | |||
| Price To Book | 2.71 X | |||
| Price To Sales | 1.69 X | |||
| Revenue | 951.12 M | |||
| Gross Profit | 299.74 M | |||
| EBITDA | 82.8 M | |||
| Net Income | 46.02 M | |||
| Cash And Equivalents | 66.17 M | |||
| Cash Per Share | 5.08 X | |||
| Total Debt | 131.77 M | |||
| Debt To Equity | 12.10 % | |||
| Current Ratio | 2.87 X | |||
| Book Value Per Share | 38.97 X | |||
| Cash Flow From Operations | 105.11 M | |||
| Earnings Per Share | 2.60 X | |||
| Price To Earnings To Growth | 1.69 X | |||
| Target Price | 125.71 | |||
| Number Of Employees | 10 | |||
| Beta | 0.83 | |||
| Market Capitalization | 1.68 B | |||
| Total Asset | 937.99 M | |||
| Z Score | 8.2 | |||
| Net Asset | 937.99 M |
About Addus HomeCare Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Addus HomeCare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Addus HomeCare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Addus HomeCare 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 Addus HomeCare
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 Addus HomeCare 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 Addus HomeCare will appreciate offsetting losses from the drop in the long position's value.Moving together with Addus Stock
| 0.75 | 2BH | HCA Healthcare | PairCorr |
| 0.78 | 2BH | HCA Healthcare | PairCorr |
Moving against Addus Stock
| 0.82 | APC | Apple Inc Earnings Call Tomorrow | PairCorr |
| 0.81 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.42 | FRE | Fresenius SE | PairCorr |
The ability to find closely correlated positions to Addus HomeCare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Addus HomeCare 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 Addus HomeCare - 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 Addus HomeCare to buy it.
The correlation of Addus HomeCare 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 Addus HomeCare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Addus HomeCare 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 Addus HomeCare 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 Addus HomeCare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Addus Stock please use our How to Invest in Addus HomeCare guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Addus Stock analysis
When running Addus HomeCare's price analysis, check to measure Addus HomeCare'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 Addus HomeCare is operating at the current time. Most of Addus HomeCare's value examination focuses on studying past and present price action to predict the probability of Addus HomeCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addus HomeCare's price. Additionally, you may evaluate how the addition of Addus HomeCare to your portfolios can decrease your overall portfolio volatility.
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