Earnings season WiseTech, Xero and Altium tipped to disappoint as tech investors look for growth amid cost-cutting - The Australian Financial Review
RDY Stock | 2.95 0.03 1.01% |
Slightly above 61% of Readytech Holdings' investor base is looking to short. The analysis of the overall prospects from investing in Readytech Holdings suggests that many traders are, at the present time, alarmed. Readytech Holdings' investing sentiment can be driven by a variety of factors including economic data, Readytech Holdings' earnings reports, geopolitical events, and overall market trends.
Readytech |
Earnings season WiseTech, Xero and Altium tipped to disappoint as tech investors look for growth amid cost-cutting The Australian Financial Review
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Readytech Holdings Fundamental Analysis
We analyze Readytech Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Readytech Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Readytech Holdings 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.
Retained Earnings
Retained Earnings Comparative Analysis
Readytech Holdings is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Readytech Holdings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Readytech Holdings stock to make a market-neutral strategy. Peer analysis of Readytech Holdings could also be used in its relative valuation, which is a method of valuing Readytech Holdings by comparing valuation metrics with similar companies.
Peers
Readytech Holdings Related Equities
AVC | Auctus Alternative | 3.64 | ||||
RFG | Retail Food | 2.86 | ||||
RG8 | REGAL ASIAN | 0.49 | ||||
CQR | Charter Hall | 0.31 |
Additional Tools for Readytech Stock Analysis
When running Readytech Holdings' price analysis, check to measure Readytech Holdings' 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 Readytech Holdings is operating at the current time. Most of Readytech Holdings' value examination focuses on studying past and present price action to predict the probability of Readytech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Readytech Holdings' price. Additionally, you may evaluate how the addition of Readytech Holdings to your portfolios can decrease your overall portfolio volatility.