Red Hill Return On Equity vs. Current Valuation
| RHI Stock | 4.12 0.01 0.24% |
For Red Hill profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Red Hill to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Red Hill Iron utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Red Hill's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Red Hill Iron over time as well as its relative position and ranking within its peers.
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Red Hill Iron Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Red Hill's current stock value. Our valuation model uses many indicators to compare Red Hill value to that of its competitors to determine the firm's financial worth. Red Hill Iron is currently regarded as top stock in return on equity category among its peers. It is rated below average in current valuation category among its peers reporting about 195,263,632 of Current Valuation per Return On Equity. 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 Red Hill's earnings, one of the primary drivers of an investment's value.Red Current Valuation vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Red Hill |
| = | 1.24 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Red Hill |
| = | 242.01 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Red Current Valuation vs Competition
Red Hill Iron is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about 51.78 Billion. Red Hill adds roughly 242.01 Million in current valuation claiming only tiny portion of all equities under Materials industry.
Red Hill Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Red Hill, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Red Hill will eventually generate negative long term returns. The profitability progress is the general direction of Red Hill's change in net profit over the period of time. It can combine multiple indicators of Red Hill, 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 | 1.2 M | 743.9 K | |
| Operating Income | -4.6 M | -4.4 M | |
| Income Before Tax | 195.4 M | 205.2 M | |
| Total Other Income Expense Net | 200 M | 210 M | |
| Net Income | 153.6 M | 161.2 M | |
| Income Tax Expense | 41.9 M | 44 M | |
| Net Income From Continuing Ops | 153.6 M | 161.2 M | |
| Net Loss | -2.6 M | -2.5 M | |
| Net Interest Income | 1.1 M | 1.1 M | |
| Interest Income | 1.1 M | 1.1 M | |
| Change To Netincome | 1.2 M | 1.2 M |
Red Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Red Hill. 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 Red Hill 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 Red Hill's important profitability drivers and their relationship over time.
Use Red Hill 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 Red Hill 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 Red Hill will appreciate offsetting losses from the drop in the long position's value.Red Hill Pair Trading
Red Hill Iron Pair Trading Analysis
The ability to find closely correlated positions to Red Hill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Red Hill 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 Red Hill - 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 Red Hill Iron to buy it.
The correlation of Red Hill 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 Red Hill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Red Hill Iron 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 Red Hill 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 Red Hill position
In addition to having Red Hill 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?
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Companies specializing in air services and air delivery. The Air theme has 43 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 Air Theme or any other thematic opportunities.
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Additional Tools for Red Stock Analysis
When running Red Hill's price analysis, check to measure Red Hill'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 Red Hill is operating at the current time. Most of Red Hill's value examination focuses on studying past and present price action to predict the probability of Red Hill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Hill's price. Additionally, you may evaluate how the addition of Red Hill to your portfolios can decrease your overall portfolio volatility.