RINO Financial Statements From 2010 to 2025
RINODelisted Stock | USD 0.02 0.00 0.00% |
Check RINO International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RINO International's main balance sheet or income statement drivers, such as , as well as many indicators such as . RINO financial statements analysis is a perfect complement when working with RINO International Valuation or Volatility modules.
RINO |
RINO International Company Return On Equity Analysis
RINO International's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current RINO International Return On Equity | 0.35 |
Most of RINO International's fundamental indicators, such as Return On Equity, 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, RINO International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, RINO International has a Return On Equity of 0.3522. This is 75.71% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The return on equity for all United States stocks is notably lower than that of the firm.
RINO International Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining RINO International's current stock value. Our valuation model uses many indicators to compare RINO International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across RINO International competition to find correlations between indicators driving RINO International's intrinsic value. More Info.RINO International is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for RINO International is roughly 2.75 . Comparative valuation analysis is a catch-all model that can be used if you cannot value RINO International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for RINO International's 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 RINO International Financial Statements
RINO International investors utilize fundamental indicators, such as revenue or net income, to predict how RINO 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.
RINO International Corporation, through its subsidiaries, operates as an environmental protection and remediation company in the Peoples Republic of China. The company was incorporated in 1984 and is headquartered in Dalian, the Peoples Republic of China. Rino International is traded on OTC Exchange in the United States.
Pair Trading with RINO International
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 RINO International 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 RINO International will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to RINO International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RINO International 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 RINO International - 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 RINO International to buy it.
The correlation of RINO International 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 RINO International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RINO International 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 RINO International 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in RINO Pink Sheet
If you are still planning to invest in RINO International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the RINO International's history and understand the potential risks before investing.
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