We recommend to use RITES Limited fundamental analysis to see if markets are now undervaluing or overvaluing the firm. Put it differently, this technique allows you to confirm available drivers of RITES Limited as well as the relationship between them. We were able to interpolate and analyze data for thirty available financial ratios for RITES Limited, which can be compared to its competitors. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of RITES to be traded at 289.79 in 90 days. Key indicators impacting RITES's financial strength include:
You should never invest in RITES without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of RITES Stock, because this is throwing your money away. Analyzing the key information contained in RITES's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
RITES Key Financial Ratios
RITES's financial ratios allow both analysts and investors to convert raw data from RITES's financial statements into concise, actionable information that can be used to evaluate the performance of RITES over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining RITES's current stock value. Our valuation model uses many indicators to compare RITES value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across RITES competition to find correlations between indicators driving RITES's intrinsic value. More Info.
RITES Limited 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 0.33 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for RITES Limited is roughly 3.07 . Comparative valuation analysis is a catch-all model that can be used if you cannot value RITES by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for RITES'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.
RITES Limited Systematic Risk
RITES's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. RITES volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on RITES Limited correlated with the market. If Beta is less than 0 RITES generally moves in the opposite direction as compared to the market. If RITES Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one RITES Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of RITES is generally in the same direction as the market. If Beta > 1 RITES moves generally in the same direction as, but more than the movement of the benchmark.
RITES Limited Total Assets Over Time
RITES December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of RITES help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of RITES Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of RITES Limited based on widely used predictive technical indicators. In general, we focus on analyzing RITES Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build RITES's daily price indicators and compare them against related drivers.
RITES financial ratios help investors to determine whether RITES 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 RITES with respect to the benefits of owning RITES security.