Reitar Capital Stock vs Total Stockholder Equity Analysis
| RITR Stock | 4.20 0.05 1.20% |
Reitar Logtech financial indicator trend analysis is much more than just breaking down Reitar Logtech Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reitar Logtech Holdings is a good investment. Please check the relationship between Reitar Logtech Capital Stock and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reitar Logtech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Capital Stock vs Total Stockholder Equity
Capital Stock vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reitar Logtech Holdings Capital Stock account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Reitar Logtech's Capital Stock and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Reitar Logtech Holdings, assuming nothing else is changed. The correlation between historical values of Reitar Logtech's Capital Stock and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Reitar Logtech Holdings are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Capital Stock i.e., Reitar Logtech's Capital Stock and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Reitar Logtech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reitar Logtech Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reitar Logtech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. As of 12/29/2024, Tax Provision is likely to drop to about 3.7 M. In addition to that, Selling General Administrative is likely to drop to about 10.8 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 167.3K | 220.2K | 1.5M | 1.6M | Interest Income | 3.7K | 9.0 | 235.3K | 247.1K |
Reitar Logtech fundamental ratios Correlations
Click cells to compare fundamentals
Reitar Logtech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Reitar Logtech
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 Reitar Logtech 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 Reitar Logtech will appreciate offsetting losses from the drop in the long position's value.Moving against Reitar Stock
| 0.55 | ORN | Orion Group Holdings | PairCorr |
| 0.54 | FIX | Comfort Systems USA | PairCorr |
| 0.51 | MTZ | MasTec Inc | PairCorr |
| 0.5 | MTRX | Matrix Service | PairCorr |
| 0.49 | ESOA | Energy Services | PairCorr |
The ability to find closely correlated positions to Reitar Logtech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Reitar Logtech 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 Reitar Logtech - 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 Reitar Logtech Holdings to buy it.
The correlation of Reitar Logtech 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 Reitar Logtech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Reitar Logtech Holdings 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 Reitar Logtech 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.Additional Tools for Reitar Stock Analysis
When running Reitar Logtech's price analysis, check to measure Reitar Logtech'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 Reitar Logtech is operating at the current time. Most of Reitar Logtech's value examination focuses on studying past and present price action to predict the probability of Reitar Logtech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reitar Logtech's price. Additionally, you may evaluate how the addition of Reitar Logtech to your portfolios can decrease your overall portfolio volatility.