Rubellite Net Income Per Share from 2010 to 2024

RBY Stock   1.93  0.01  0.52%   
Rubellite Energy Net Income Per Share yearly trend continues to be very stable with very little volatility. Net Income Per Share is likely to drop to 0.26. During the period from 2010 to 2024, Rubellite Energy Net Income Per Share quarterly data regression pattern had sample variance of  0.01 and median of  0.18. View All Fundamentals
 
Net Income Per Share  
First Reported
2010-12-31
Previous Quarter
0.30757631
Current Value
0.26
Quarterly Volatility
0.08231728
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rubellite Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rubellite Energy's main balance sheet or income statement drivers, such as Tax Provision of 8.4 M, Interest Income of 7 M or Depreciation And Amortization of 15.6 M, as well as many indicators such as Price To Sales Ratio of 1.43, Dividend Yield of 0.0 or PTB Ratio of 0.83. Rubellite financial statements analysis is a perfect complement when working with Rubellite Energy Valuation or Volatility modules.
  
This module can also supplement various Rubellite Energy Technical models . Check out the analysis of Rubellite Energy Correlation against competitors.

Pair Trading with Rubellite Energy

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 Rubellite Energy 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 Rubellite Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Rubellite Stock

  0.56ENS E Split CorpPairCorr
  0.52ENB-PFV Enbridge Pref 5PairCorr
  0.38ENB-PFC Enbridge Pref 11PairCorr
  0.36ENS-PA E Split CorpPairCorr
The ability to find closely correlated positions to Rubellite Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rubellite Energy 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 Rubellite Energy - 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 Rubellite Energy to buy it.
The correlation of Rubellite Energy 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 Rubellite Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rubellite Energy 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 Rubellite Energy 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Rubellite Stock

Rubellite Energy financial ratios help investors to determine whether Rubellite 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 Rubellite with respect to the benefits of owning Rubellite Energy security.