WELL Financial Statements From 2010 to 2025
| WELL Stock | CAD 5.08 0.05 0.99% |
Check WELL Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WELL Health's main balance sheet or income statement drivers, such as , as well as many indicators such as . WELL financial statements analysis is a perfect complement when working with WELL Health Valuation or Volatility modules.
WELL |
WELL Health Technologies Company Shares Outstanding Analysis
WELL Health's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current WELL Health Shares Outstanding | 253.68 M |
Most of WELL Health's fundamental indicators, such as Shares Outstanding, 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, WELL Health Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, WELL Health Technologies has 253.68 M of shares currently outstending. This is 40.51% higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The shares outstanding for all Canada stocks is 55.64% higher than that of the company.
WELL Health Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WELL Health's current stock value. Our valuation model uses many indicators to compare WELL Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WELL Health competition to find correlations between indicators driving WELL Health's intrinsic value. More Info.WELL Health Technologies is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value WELL Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for WELL Health's Stock. 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 WELL Health Financial Statements
WELL Health investors utilize fundamental indicators, such as revenue or net income, to predict how WELL Stock 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.
WELL Health Technologies Corp. operates as a practitioner focused digital health company in Canada, the United States, and internationally. WELL Health Technologies Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada. WELL HEALTH operates under Medical Care Facilities classification in Canada and is traded on Toronto Stock Exchange. It employs 1507 people.
Pair Trading with WELL Health
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 WELL 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 WELL Health will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to WELL 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 WELL 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 WELL 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 WELL Health Technologies to buy it.
The correlation of WELL 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 WELL Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WELL 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 WELL 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.Other Information on Investing in WELL Stock
WELL Health financial ratios help investors to determine whether WELL Stock 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 WELL with respect to the benefits of owning WELL Health security.