Ryerson Holding Revenue vs. Shares Outstanding
| 7RY Stock | EUR 21.60 0.60 2.70% |
For Ryerson Holding profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ryerson Holding to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ryerson Holding utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ryerson Holding's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ryerson Holding over time as well as its relative position and ranking within its peers.
Ryerson |
Ryerson Holding Shares Outstanding vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ryerson Holding's current stock value. Our valuation model uses many indicators to compare Ryerson Holding value to that of its competitors to determine the firm's financial worth. Ryerson Holding is the top company in revenue category among its peers. It also is number one stock in shares outstanding category among its peers creating about 0.01 of Shares Outstanding per Revenue. The ratio of Revenue to Shares Outstanding for Ryerson Holding is roughly 170.96 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ryerson Holding's earnings, one of the primary drivers of an investment's value.Ryerson Revenue vs. Competition
Ryerson Holding is the top company in revenue category among its peers. Market size based on revenue of Metal Fabrication industry is presently estimated at about 52.03 Billion. Ryerson Holding retains roughly 6.32 Billion in revenue claiming about 12% of all equities under Metal Fabrication industry.
Ryerson Shares Outstanding vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Ryerson Holding |
| = | 6.32 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Ryerson Holding |
| = | 36.99 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Ryerson Shares Outstanding Comparison
Ryerson Holding is currently under evaluation in shares outstanding category among its peers.
Ryerson Holding Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ryerson Holding, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ryerson Holding will eventually generate negative long term returns. The profitability progress is the general direction of Ryerson Holding's change in net profit over the period of time. It can combine multiple indicators of Ryerson Holding, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States, Canada, Mexico, and China. Ryerson Holding Corporation was founded in 1842 and is headquartered in Chicago, Illinois. RYERSON HLDG operates under Metal Fabrication classification in Germany and is traded on Frankfurt Stock Exchange. It employs 4600 people.
Ryerson Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ryerson Holding. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ryerson Holding position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ryerson Holding's important profitability drivers and their relationship over time.
Use Ryerson Holding in pair-trading
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 Ryerson Holding 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 Ryerson Holding will appreciate offsetting losses from the drop in the long position's value.Ryerson Holding Pair Trading
Ryerson Holding Pair Trading Analysis
The ability to find closely correlated positions to Ryerson Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ryerson Holding 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 Ryerson Holding - 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 Ryerson Holding to buy it.
The correlation of Ryerson Holding 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 Ryerson Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ryerson Holding 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 Ryerson Holding 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.Use Investing Themes to Complement your Ryerson Holding position
In addition to having Ryerson Holding in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Services Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Ryerson Stock
To fully project Ryerson Holding's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ryerson Holding at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ryerson Holding's income statement, its balance sheet, and the statement of cash flows.