Resaas Services Revenue vs. Shares Outstanding
| RSS Stock | CAD 0.30 0.02 6.25% |
For Resaas Services profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Resaas Services to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Resaas Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Resaas Services's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Resaas Services over time as well as its relative position and ranking within its peers.
Resaas |
Resaas Services Shares Outstanding vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Resaas Services's current stock value. Our valuation model uses many indicators to compare Resaas Services value to that of its competitors to determine the firm's financial worth. Resaas Services is currently regarded number one company in revenue category among its peers. It also is currently regarded as top stock in shares outstanding category among its peers creating about 197.01 of Shares Outstanding per Revenue. 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 Resaas Services' earnings, one of the primary drivers of an investment's value.Resaas Revenue vs. Competition
Resaas Services is currently regarded number one company in revenue category among its peers. Market size based on revenue of Information Technology industry is at this time estimated at about 2.16 Billion. Resaas Services adds roughly 406,268 in revenue claiming only tiny portion of equities under Information Technology industry.
Resaas Shares Outstanding vs. Revenue
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.
Resaas Services |
| = | 406.27 K |
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Resaas Services |
| = | 80.04 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Resaas Shares Outstanding Comparison
Resaas Services is currently under evaluation in shares outstanding category among its peers.
Resaas Services Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Resaas Services, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Resaas Services will eventually generate negative long term returns. The profitability progress is the general direction of Resaas Services' change in net profit over the period of time. It can combine multiple indicators of Resaas Services, 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.
RESAAS Services Inc. develops cloud-based social business platform for the real estate services industry. RESAAS Services Inc. is a subsidiary of The Canadian Depository for Securities Limited. RESAAS SERVICES operates under Software - Application classification in Canada and is traded on TSX Venture Exchange.
Resaas Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Resaas Services. 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 Resaas Services 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 Resaas Services' important profitability drivers and their relationship over time.
Use Resaas Services 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 Resaas Services 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 Resaas Services will appreciate offsetting losses from the drop in the long position's value.Resaas Services Pair Trading
Resaas Services Pair Trading Analysis
The ability to find closely correlated positions to Resaas Services could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Resaas Services 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 Resaas Services - 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 Resaas Services to buy it.
The correlation of Resaas Services 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 Resaas Services moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Resaas Services 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 Resaas Services 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 Resaas Services position
In addition to having Resaas Services 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 Resaas Stock Analysis
When running Resaas Services' price analysis, check to measure Resaas Services' 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 Resaas Services is operating at the current time. Most of Resaas Services' value examination focuses on studying past and present price action to predict the probability of Resaas Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resaas Services' price. Additionally, you may evaluate how the addition of Resaas Services to your portfolios can decrease your overall portfolio volatility.