Richtech Historical Financial Ratios
| RR Stock | 0.74 0.08 12.12% |
Richtech Robotics is promptly reporting on over 69 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 0.0577, Invested Capital of 0.0 or Average Payables of 0.0 will help investors to properly organize and evaluate Richtech Robotics Class financial condition quickly.
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About Richtech Financial Ratios Analysis
Richtech Robotics ClassFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Richtech Robotics investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Richtech financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Richtech Robotics history.
Richtech Robotics Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Richtech Robotics Class stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Richtech Robotics sales, a figure that is much harder to manipulate than other Richtech Robotics Class multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Payout Ratio
Payout Ratio is the proportion of Richtech Robotics Class earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Richtech Robotics Class dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Richtech Robotics Class is paying out more in dividends than it makes in net income.Most ratios from Richtech Robotics' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Richtech Robotics Class current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Richtech Robotics Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Richtech Robotics' Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 12/01/2024, Research And Ddevelopement To Revenue is likely to grow to 0.31, while Free Cash Flow Yield is likely to drop (0.01).
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 106.44 | 237.94 | 214.15 | 224.86 | PTB Ratio | 79.8 | 48.42 | 55.68 | 91.37 |
Richtech Robotics fundamentals Correlations
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Richtech Robotics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Richtech Robotics
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 Richtech Robotics 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 Richtech Robotics will appreciate offsetting losses from the drop in the long position's value.Moving against Richtech Stock
| 0.81 | IR | Ingersoll Rand | PairCorr |
| 0.75 | B | Barnes Group | PairCorr |
| 0.75 | PH | Parker Hannifin | PairCorr |
| 0.74 | CMI | Cummins | PairCorr |
| 0.72 | BW | Babcock Wilcox Enter | PairCorr |
The ability to find closely correlated positions to Richtech Robotics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Richtech Robotics 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 Richtech Robotics - 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 Richtech Robotics Class to buy it.
The correlation of Richtech Robotics 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 Richtech Robotics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Richtech Robotics Class 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 Richtech Robotics 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 Richtech Stock Analysis
When running Richtech Robotics' price analysis, check to measure Richtech Robotics' 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 Richtech Robotics is operating at the current time. Most of Richtech Robotics' value examination focuses on studying past and present price action to predict the probability of Richtech Robotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Richtech Robotics' price. Additionally, you may evaluate how the addition of Richtech Robotics to your portfolios can decrease your overall portfolio volatility.