Rightsmile Stock Beta
RIGH Stock | USD 0.0001 0.00 0.00% |
Rightsmile fundamentals help investors to digest information that contributes to Rightsmile's financial success or failures. It also enables traders to predict the movement of Rightsmile Pink Sheet. The fundamental analysis module provides a way to measure Rightsmile'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 Rightsmile pink sheet.
Rightsmile |
Rightsmile Company Beta Analysis
Rightsmile's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Rightsmile Beta | -29.83 |
Most of Rightsmile's fundamental indicators, such as Beta, 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, Rightsmile is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition |
In accordance with the recently published financial statements, Rightsmile has a Beta of -29.8323. This is 6729.4% lower than that of the Utilities sector and significantly lower than that of the Utilities—Regulated Electric industry. The beta for all United States stocks is notably higher than that of the company.
Rightsmile Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rightsmile's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Rightsmile could also be used in its relative valuation, which is a method of valuing Rightsmile by comparing valuation metrics of similar companies.Rightsmile is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Rightsmile are expected to decrease by larger amounts. On the other hand, during market turmoil, Rightsmile is expected to outperform it.
Rightsmile Fundamentals
Return On Equity | -2.94 | |||
Return On Asset | -0.12 | |||
Profit Margin | (0.92) % | |||
Operating Margin | (0.53) % | |||
Current Valuation | 378.38 K | |||
Shares Outstanding | 1.59 B | |||
Price To Book | 1.20 X | |||
Price To Sales | 0.01 X | |||
Revenue | 125.24 K | |||
Gross Profit | 90.97 K | |||
EBITDA | 38.17 K | |||
Net Income | (115.51 K) | |||
Cash And Equivalents | 7.36 K | |||
Total Debt | 253.96 K | |||
Debt To Equity | 1.34 % | |||
Current Ratio | 0.22 X | |||
Cash Flow From Operations | (10.82 K) | |||
Beta | -29.83 | |||
Market Capitalization | 1.58 K | |||
Total Asset | 601.09 K | |||
Retained Earnings | (7.62 M) | |||
Working Capital | (3.9 M) | |||
Current Asset | 469 K | |||
Current Liabilities | 4.37 M | |||
Z Score | -24.0 | |||
Net Asset | 601.09 K |
About Rightsmile Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rightsmile's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rightsmile using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rightsmile 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.
Currently Active Assets on Macroaxis
Other Information on Investing in Rightsmile Pink Sheet
Rightsmile financial ratios help investors to determine whether Rightsmile Pink Sheet 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 Rightsmile with respect to the benefits of owning Rightsmile security.