Biolight Life Sciences Stock Net Income
BOLT Stock | ILS 375.10 25.30 7.23% |
BioLight Life Sciences fundamentals help investors to digest information that contributes to BioLight Life's financial success or failures. It also enables traders to predict the movement of BioLight Stock. The fundamental analysis module provides a way to measure BioLight Life'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 BioLight Life stock.
BioLight |
BioLight Life Sciences Company Net Income Analysis
BioLight Life's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current BioLight Life Net Income | 382 K |
Most of BioLight Life's fundamental indicators, such as Net Income, 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, BioLight Life Sciences is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition |
Based on the recorded statements, BioLight Life Sciences reported net income of 382 K. This is 99.89% lower than that of the Life Sciences Tools & Services sector and 99.45% lower than that of the Health Care industry. The net income for all Israel stocks is 99.93% higher than that of the company.
BioLight Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BioLight Life's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BioLight Life could also be used in its relative valuation, which is a method of valuing BioLight Life by comparing valuation metrics of similar companies.BioLight Life is currently under evaluation in net income category among related companies.
BioLight Fundamentals
Return On Equity | -0.0911 | |||
Return On Asset | -0.0925 | |||
Current Valuation | 13.59 M | |||
Shares Outstanding | 4.56 M | |||
Shares Owned By Insiders | 56.36 % | |||
Shares Owned By Institutions | 9.12 % | |||
Price To Earning | 82.18 X | |||
Price To Book | 0.61 X | |||
Price To Sales | 4,937 X | |||
Revenue | 3 K | |||
Gross Profit | 3 K | |||
EBITDA | (1.36 M) | |||
Net Income | 382 K | |||
Cash And Equivalents | 39.85 M | |||
Cash Per Share | 8.77 X | |||
Current Ratio | 15.24 X | |||
Book Value Per Share | 13.87 X | |||
Cash Flow From Operations | (10.03 M) | |||
Earnings Per Share | 0.08 X | |||
Target Price | 12.0 | |||
Beta | 0.53 | |||
Market Capitalization | 31.98 M | |||
Total Asset | 64.17 M | |||
Retained Earnings | (218 M) | |||
Working Capital | 39 M | |||
Current Asset | 45 M | |||
Current Liabilities | 6 M | |||
Z Score | -4.2 | |||
Net Asset | 64.17 M |
About BioLight Life Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BioLight Life Sciences's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BioLight Life using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BioLight Life Sciences 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 BioLight Life
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 BioLight Life 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 BioLight Life will appreciate offsetting losses from the drop in the long position's value.Moving against BioLight Stock
0.69 | PZOL | Paz Oil | PairCorr |
0.62 | HRON | Hiron Trade Investments | PairCorr |
0.49 | ILCO | Israel Corp | PairCorr |
The ability to find closely correlated positions to BioLight Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BioLight Life 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 BioLight Life - 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 BioLight Life Sciences to buy it.
The correlation of BioLight Life 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 BioLight Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BioLight Life Sciences 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 BioLight Life 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 BioLight Life Sciences. 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. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for BioLight Stock analysis
When running BioLight Life's price analysis, check to measure BioLight Life'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 BioLight Life is operating at the current time. Most of BioLight Life's value examination focuses on studying past and present price action to predict the probability of BioLight Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BioLight Life's price. Additionally, you may evaluate how the addition of BioLight Life to your portfolios can decrease your overall portfolio volatility.
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