Patient Financial Statements From 2010 to 2025
| PASO Stock | USD 0.0001 0.00 0.00% |
Check Patient Access financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Patient Access' main balance sheet or income statement drivers, such as , as well as many indicators such as . Patient financial statements analysis is a perfect complement when working with Patient Access Valuation or Volatility modules.
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Patient Access Solutions Company Return On Asset Analysis
Patient Access' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Patient Access Return On Asset | 0.0872 |
Most of Patient Access' fundamental indicators, such as Return On 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, Patient Access Solutions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Patient Access Solutions has a Return On Asset of 0.0872. This is 101.0% lower than that of the Healthcare sector and significantly higher than that of the Health Information Services industry. The return on asset for all United States stocks is 162.29% lower than that of the firm.
Patient Access Solutions Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Patient Access's current stock value. Our valuation model uses many indicators to compare Patient Access value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Patient Access competition to find correlations between indicators driving Patient Access's intrinsic value. More Info.Patient Access Solutions is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in profit margin category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Patient Access by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Patient Access' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Patient Access Financial Statements
Patient Access investors utilize fundamental indicators, such as revenue or net income, to predict how Patient Pink Sheet might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Patient Access Solutions, Inc. provides healthcarefinancial processing solutions for the healthcare and dental industries. Patient Access Solutions, Inc. is based in Plainview, New York. Patient Access operates under Health Information Services classification in the United States and is traded on OTC Exchange.
Pair Trading with Patient Access
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 Patient Access 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 Patient Access will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Patient Access could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Patient Access 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 Patient Access - 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 Patient Access Solutions to buy it.
The correlation of Patient Access 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 Patient Access moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Patient Access Solutions 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 Patient Access 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.Other Information on Investing in Patient Pink Sheet
Patient Access financial ratios help investors to determine whether Patient Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Patient with respect to the benefits of owning Patient Access security.