Rightsmile Cash And Equivalents vs. Total Asset
| RIGH Stock | USD 0.0001 0.00 0.00% |
For Rightsmile profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Rightsmile to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Rightsmile utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Rightsmile's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Rightsmile over time as well as its relative position and ranking within its peers.
Rightsmile |
Rightsmile Total Asset vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Rightsmile's current stock value. Our valuation model uses many indicators to compare Rightsmile value to that of its competitors to determine the firm's financial worth. Rightsmile is currently regarded as top stock in cash and equivalents category among its peers. It also is currently regarded as top stock in total asset category among its peers fabricating about 81.67 of Total Asset per Cash And Equivalents. Comparative valuation analysis is a catch-all model that can be used if you cannot value Rightsmile by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Rightsmile's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Rightsmile Total Asset vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Rightsmile |
| = | 7.36 K |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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.
Rightsmile |
| = | 601.09 K |
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.
Rightsmile Total Asset Comparison
Rightsmile is currently under evaluation in total asset category among its peers.
Rightsmile Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Rightsmile, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Rightsmile will eventually generate negative long term returns. The profitability progress is the general direction of Rightsmile's change in net profit over the period of time. It can combine multiple indicators of Rightsmile, 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.
Bud Genius, Inc. provides cannabis testing and profiling services. In addition, the company provides data-driven rating systems for marijuana strains and cannabis. Rightsmile operates under UtilitiesRegulated Electric classification in the United States and is traded on OTC Exchange. It employs 2 people.
Rightsmile Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Rightsmile. 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 Rightsmile 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 Rightsmile's important profitability drivers and their relationship over time.
Use Rightsmile 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 Rightsmile 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 Rightsmile will appreciate offsetting losses from the drop in the long position's value.Rightsmile Pair Trading
Rightsmile Pair Trading Analysis
The ability to find closely correlated positions to Rightsmile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rightsmile 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 Rightsmile - 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 Rightsmile to buy it.
The correlation of Rightsmile 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 Rightsmile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rightsmile 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 Rightsmile 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 Rightsmile position
In addition to having Rightsmile 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 Hybrid Mix Funds Thematic Idea Now
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix 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 Hybrid Mix Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Rightsmile Pink Sheet
To fully project Rightsmile's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Rightsmile 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 Rightsmile's income statement, its balance sheet, and the statement of cash flows.