Regenx Tech Return On Asset vs. Total Asset
RGXTF Stock | 0.01 0 23.53% |
For Regenx Tech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Regenx Tech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Regenx Tech Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Regenx Tech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Regenx Tech Corp over time as well as its relative position and ranking within its peers.
Regenx |
Regenx Tech Corp Total Asset vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Regenx Tech's current stock value. Our valuation model uses many indicators to compare Regenx Tech value to that of its competitors to determine the firm's financial worth. Regenx Tech Corp is rated below average in return on asset category among its peers. It is rated below average in total asset category among its peers . 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 Regenx Tech's earnings, one of the primary drivers of an investment's value.Regenx Total Asset vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Regenx Tech |
| = | -0.17 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Regenx Tech |
| = | 9.48 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Regenx Total Asset Comparison
Regenx Tech is currently under evaluation in total asset category among its peers.
Regenx Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Regenx Tech. 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 Regenx Tech 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 Regenx Tech's important profitability drivers and their relationship over time.
Use Regenx Tech 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 Regenx Tech 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 Regenx Tech will appreciate offsetting losses from the drop in the long position's value.Regenx Tech Pair Trading
Regenx Tech Corp Pair Trading Analysis
The ability to find closely correlated positions to Regenx Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Regenx Tech 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 Regenx Tech - 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 Regenx Tech Corp to buy it.
The correlation of Regenx Tech 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 Regenx Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Regenx Tech Corp 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 Regenx Tech 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 Regenx Tech position
In addition to having Regenx Tech 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 Precious Metals Funds Thematic Idea Now
Precious Metals Funds
Funds or Etfs that invest in entities that are involved in mining, processing or dealing of precious metals. The Precious Metals Funds theme has 32 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 Precious Metals Funds Theme or any other thematic opportunities.
View All Next | Launch |
Other Information on Investing in Regenx OTC Stock
To fully project Regenx Tech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Regenx Tech Corp 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 Regenx Tech's income statement, its balance sheet, and the statement of cash flows.