Rinnai Corp Price To Book vs. Revenue
| RINIY Stock | USD 12.07 0.00 0.00% |
For Rinnai Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Rinnai Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Rinnai Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Rinnai Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Rinnai Corp over time as well as its relative position and ranking within its peers.
Rinnai |
Rinnai Corp Revenue vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Rinnai Corp's current stock value. Our valuation model uses many indicators to compare Rinnai Corp value to that of its competitors to determine the firm's financial worth. Rinnai Corp is rated fifth in price to book category among its peers. It is currently regarded number one company in revenue category among its peers totaling about 275,244,287,432 of Revenue per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Rinnai Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Rinnai Corp's OTC Stock. 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.Rinnai Revenue vs. Price To Book
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.
Rinnai Corp |
| = | 1.33 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.
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.
Rinnai Corp |
| = | 366.19 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.
Rinnai Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Rinnai Corp. 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 Rinnai Corp 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 Rinnai Corp's important profitability drivers and their relationship over time.
Use Rinnai Corp 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 Rinnai Corp 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 Rinnai Corp will appreciate offsetting losses from the drop in the long position's value.Rinnai Corp Pair Trading
Rinnai Corp Pair Trading Analysis
The ability to find closely correlated positions to Rinnai Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rinnai Corp 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 Rinnai Corp - 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 Rinnai Corp to buy it.
The correlation of Rinnai Corp 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 Rinnai Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rinnai 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 Rinnai Corp 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 Rinnai Corp position
In addition to having Rinnai Corp 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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Healthcare
Companies that provide healthcare goods and services including hospitals, health maintenance organizations, HMOs, or medical aid manufacturers. The Healthcare theme has 20 constituents at this time.
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Additional Tools for Rinnai OTC Stock Analysis
When running Rinnai Corp's price analysis, check to measure Rinnai Corp'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 Rinnai Corp is operating at the current time. Most of Rinnai Corp's value examination focuses on studying past and present price action to predict the probability of Rinnai Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rinnai Corp's price. Additionally, you may evaluate how the addition of Rinnai Corp to your portfolios can decrease your overall portfolio volatility.