RAS Technology Holdings Unveils FY24 Outlook - TipRanks
| RTH Stock | 0.89 0.02 2.30% |
Slightly above 53% of Ras Technology's private investors are presently thinking to get in. The analysis of the overall prospects from investing in Ras Technology Holdings suggests that some traders are, at the present time, interested. Ras Technology's investing sentiment can be driven by a variety of factors including economic data, Ras Technology's earnings reports, geopolitical events, and overall market trends.
Ras |
RAS Technology Holdings Unveils FY24 Outlook TipRanks
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Ras Technology Fundamental Analysis
We analyze Ras Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ras Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ras Technology 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.
Current Valuation
Current Valuation Comparative Analysis
Ras Technology is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Ras Technology 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 Ras Technology stock to make a market-neutral strategy. Peer analysis of Ras Technology could also be used in its relative valuation, which is a method of valuing Ras Technology by comparing valuation metrics with similar companies.
Peers
Ras Technology Related Equities
| CBA | Commonwealth Bank | 0.70 | ||||
| CBAPM | Commonwealth Bank | 0.64 | ||||
| WBCPM | Westpac Banking | 0.53 | ||||
| NAB | National Australia | 0.51 | ||||
| NABPI | National Australia | 0.42 | ||||
| NABPH | National Australia | 0.34 | ||||
| NABPF | National Australia | 0.22 | ||||
| AN3PI | ANZ Group | 0.22 | ||||
| CBAPJ | Commonwealth Bank | 0.04 | ||||
| AN3PK | ANZ Group | 0.11 |
Additional Tools for Ras Stock Analysis
When running Ras Technology's price analysis, check to measure Ras Technology's 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 Ras Technology is operating at the current time. Most of Ras Technology's value examination focuses on studying past and present price action to predict the probability of Ras Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ras Technology's price. Additionally, you may evaluate how the addition of Ras Technology to your portfolios can decrease your overall portfolio volatility.