Red Mountain Return On Asset vs. Beta
| RMX Stock | 0.01 0 11.11% |
For Red Mountain profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Red Mountain to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Red Mountain Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Red Mountain's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Red Mountain Mining over time as well as its relative position and ranking within its peers.
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Red Mountain Mining Beta vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Red Mountain's current stock value. Our valuation model uses many indicators to compare Red Mountain value to that of its competitors to determine the firm's financial worth. Red Mountain Mining is currently regarded as top stock in return on asset category among its peers. It also is currently regarded as top stock in beta 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 Red Mountain's earnings, one of the primary drivers of an investment's value.Red Beta 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.
Red Mountain |
| = | -0.6 |
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.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Red Mountain |
| = | 0.48 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Red Beta Comparison
Red Mountain is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, Red Mountain's returns are expected to increase less than the market. However, during the bear market, the loss of holding Red Mountain is expected to be smaller as well.
Red Mountain Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Red Mountain, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Red Mountain will eventually generate negative long term returns. The profitability progress is the general direction of Red Mountain's change in net profit over the period of time. It can combine multiple indicators of Red Mountain, 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 | 11.8 M | 9.4 M | |
| Operating Income | -1.3 M | -1.4 M | |
| Net Loss | -2.8 M | -2.9 M | |
| Income Before Tax | -2.8 M | -2.6 M | |
| Total Other Income Expense Net | -1.4 M | -1.4 M | |
| Net Loss | -4 M | -4.2 M | |
| Net Loss | -2.8 K | -2.9 K | |
| Income Tax Expense | -1.4 M | -1.4 M | |
| Interest Income | 12 K | 11.4 K | |
| Net Interest Income | 2.9 K | 2.7 K | |
| Change To Netincome | 54.8 K | 52 K |
Red Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Red Mountain. 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 Mountain 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 Mountain's important profitability drivers and their relationship over time.
Use Red Mountain 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 Mountain 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 Mountain will appreciate offsetting losses from the drop in the long position's value.Red Mountain Pair Trading
Red Mountain Mining Pair Trading Analysis
The ability to find closely correlated positions to Red Mountain 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 Mountain 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 Mountain - 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 Mountain Mining to buy it.
The correlation of Red Mountain 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 Mountain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Red Mountain Mining 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 Mountain 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 Mountain position
In addition to having Red Mountain 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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Additional Tools for Red Stock Analysis
When running Red Mountain's price analysis, check to measure Red Mountain'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 Mountain is operating at the current time. Most of Red Mountain's value examination focuses on studying past and present price action to predict the probability of Red Mountain'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 Mountain's price. Additionally, you may evaluate how the addition of Red Mountain to your portfolios can decrease your overall portfolio volatility.