Resource Base Net Income vs. Price To Book
| RBX Stock | 0.04 0 9.09% |
Net Loss | First Reported 2007-12-31 | Previous Quarter -349.6 K | Current Value -2.5 M | Quarterly Volatility 1 M |
For Resource Base profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Resource Base to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Resource Base utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Resource Base's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Resource Base over time as well as its relative position and ranking within its peers.
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Resource Base Price To Book vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Resource Base's current stock value. Our valuation model uses many indicators to compare Resource Base value to that of its competitors to determine the firm's financial worth. Resource Base is rated fifth in net income category among its peers. It is rated below average in price to book category among its peers . At this time, Resource Base's Net Loss is comparatively stable compared to the past year. 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 Resource Base's earnings, one of the primary drivers of an investment's value.Resource Price To Book vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Resource Base |
| = | (2.81 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Resource Base |
| = | 1.34 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Resource Price To Book Comparison
Resource Base is currently under evaluation in price to book category among its peers.
Resource Base Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Resource Base, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Resource Base will eventually generate negative long term returns. The profitability progress is the general direction of Resource Base's change in net profit over the period of time. It can combine multiple indicators of Resource Base, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 1.6 M | 1.6 M | |
| Operating Income | -403.4 K | -423.5 K | |
| Income Before Tax | -2.8 M | -2.7 M | |
| Total Other Income Expense Net | -2.4 M | -2.3 M | |
| Net Loss | -2.8 M | -2.7 M | |
| Income Tax Expense | -2.1 M | -2 M | |
| Net Loss | -2.8 M | -2.7 M | |
| Net Loss | -3.6 M | -3.5 M | |
| Interest Income | 13.3 K | 9.9 K | |
| Net Interest Income | 13.3 K | 14 K | |
| Change To Netincome | 324.3 K | 297.3 K |
Resource Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Resource Base. 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 Resource Base 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 Resource Base's important profitability drivers and their relationship over time.
Use Resource Base 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 Resource Base 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 Resource Base will appreciate offsetting losses from the drop in the long position's value.Resource Base Pair Trading
Resource Base Pair Trading Analysis
The ability to find closely correlated positions to Resource Base could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Resource Base 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 Resource Base - 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 Resource Base to buy it.
The correlation of Resource Base 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 Resource Base moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Resource Base 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 Resource Base 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 Resource Base position
In addition to having Resource Base 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 Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 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 Small Growth Funds Theme or any other thematic opportunities.
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Additional Tools for Resource Stock Analysis
When running Resource Base's price analysis, check to measure Resource Base'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 Resource Base is operating at the current time. Most of Resource Base's value examination focuses on studying past and present price action to predict the probability of Resource Base's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resource Base's price. Additionally, you may evaluate how the addition of Resource Base to your portfolios can decrease your overall portfolio volatility.