Trxade Group Stock Performance
| MEDS Stock | USD 6.29 0.28 4.66% |
Trxade holds a performance score of 12 on a scale of zero to a hundred. The entity has a beta of 2.85, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Trxade will likely underperform. Use Trxade Group semi variance, as well as the relationship between the daily balance of power and price action indicator , to analyze future returns on Trxade Group.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Trxade Group are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain fundamental indicators, Trxade unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.94 | Year To Date Return 17.57 | Ten Year Return (72.04) | All Time Return (99.99) |
Forward Dividend Yield 0.2744 | Last Split Factor 1:15 | Dividend Date 2024-03-22 | Ex Dividend Date 2024-03-25 | Last Split Date 2023-06-22 |
1 | Trxade sells online pharma marketplace, stock rallies 90 | 02/20/2024 |
2 | TRxADE Health Shares Surge 40 percent on Special Cash Dividend | 03/06/2024 |
| Trxade dividend paid on 22nd of March 2024 | 03/22/2024 |
3 | TRxADE Health, Inc. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-K | 04/23/2024 |
| Begin Period Cash Flow | 1.1 M |
Trxade |
Trxade Relative Risk vs. Return Landscape
If you would invest 202.00 in Trxade Group on February 4, 2024 and sell it today you would earn a total of 427.00 from holding Trxade Group or generate 211.39% return on investment over 90 days. Trxade Group is currently generating 3.4973% in daily expected returns and assumes 21.4042% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Trxade, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Trxade Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trxade's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Trxade Group, and traders can use it to determine the average amount a Trxade's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1634
| Best Portfolio | Best Equity | |||
| Good Returns | MEDS | |||
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| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 21.4 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.5 actual daily | 69 69% of assets have lower returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Trxade is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Trxade by adding it to a well-diversified portfolio.
Trxade Fundamentals Growth
Trxade Stock prices reflect investors' perceptions of the future prospects and financial health of Trxade, and Trxade fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Trxade Stock performance.
| Return On Equity | -31.0 | ||||
| Return On Asset | -0.56 | ||||
| Profit Margin | (2.16) % | ||||
| Operating Margin | (2.63) % | ||||
| Current Valuation | 15.4 M | ||||
| Shares Outstanding | 1.41 M | ||||
| Price To Book | 0.75 X | ||||
| Price To Sales | 0.94 X | ||||
| Revenue | 8.27 M | ||||
| Gross Profit | 4.58 M | ||||
| EBITDA | (6.19 M) | ||||
| Net Income | (13.72 M) | ||||
| Cash And Equivalents | 962.23 K | ||||
| Cash Per Share | 0.12 X | ||||
| Total Debt | 7.1 M | ||||
| Debt To Equity | 0.93 % | ||||
| Current Ratio | 1.32 X | ||||
| Book Value Per Share | 0.60 X | ||||
| Cash Flow From Operations | (2.07 M) | ||||
| Earnings Per Share | (17.96) X | ||||
| Market Capitalization | 8.45 M | ||||
| Total Asset | 12.53 M | ||||
| Retained Earnings | (33.25 M) | ||||
| Working Capital | (8.8 M) | ||||
| Current Asset | 1.12 M | ||||
| Current Liabilities | 49 K | ||||
About Trxade Performance
To evaluate Trxade Group Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Trxade generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Trxade Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Trxade Group market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Trxade's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.06 | 0.06 | |
| Return On Tangible Assets | (5.00) | (5.25) | |
| Return On Capital Employed | (7.44) | (7.07) | |
| Return On Assets | (1.42) | (1.49) | |
| Return On Equity | (32.90) | (31.26) |
Things to note about Trxade Group performance evaluation
Checking the ongoing alerts about Trxade for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Trxade Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Trxade Group is way too risky over 90 days horizon | |
| Trxade Group appears to be risky and price may revert if volatility continues | |
| Trxade Group has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 8.27 M. Net Loss for the year was (13.72 M) with profit before overhead, payroll, taxes, and interest of 4.58 M. | |
| Trxade Group currently holds about 962.23 K in cash with (2.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12. | |
| Trxade Group has a frail financial position based on the latest SEC disclosures | |
| Roughly 24.0% of the company outstanding shares are owned by corporate insiders | |
| On 22nd of March 2024 Trxade paid $ 8.0 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: TRxADE Health, Inc. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-K |
- Analyzing Trxade's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Trxade's stock is overvalued or undervalued compared to its peers.
- Examining Trxade's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Trxade's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Trxade's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Trxade's stock. These opinions can provide insight into Trxade's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Trxade Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Trxade Group information on this page should be used as a complementary analysis to other Trxade's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Trxade Stock analysis
When running Trxade's price analysis, check to measure Trxade'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 Trxade is operating at the current time. Most of Trxade's value examination focuses on studying past and present price action to predict the probability of Trxade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trxade's price. Additionally, you may evaluate how the addition of Trxade to your portfolios can decrease your overall portfolio volatility.
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Is Trxade's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trxade. If investors know Trxade will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trxade listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.766 | Earnings Share (17.96) | Revenue Per Share 10.827 | Quarterly Revenue Growth 0.043 | Return On Assets (0.56) |
The market value of Trxade Group is measured differently than its book value, which is the value of Trxade that is recorded on the company's balance sheet. Investors also form their own opinion of Trxade's value that differs from its market value or its book value, called intrinsic value, which is Trxade's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trxade's market value can be influenced by many factors that don't directly affect Trxade's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trxade's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trxade is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trxade's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.