Ruby Tech Operating Margin vs. Shares Outstanding
| 8048 Stock | TWD 66.60 6.00 9.90% |
For Ruby Tech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ruby Tech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ruby Tech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ruby Tech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ruby Tech over time as well as its relative position and ranking within its peers.
Ruby |
Ruby Tech Shares Outstanding vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ruby Tech's current stock value. Our valuation model uses many indicators to compare Ruby Tech value to that of its competitors to determine the firm's financial worth. Ruby Tech is number one stock in operating margin category among related companies. It is number one stock in shares outstanding category among related companies creating about 435,492,394 of Shares Outstanding per Operating Margin. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ruby Tech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ruby Tech's 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. 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 Ruby Tech's earnings, one of the primary drivers of an investment's value.Ruby Shares Outstanding vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Ruby Tech |
| = | 0.12 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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.
Ruby Tech |
| = | 54.39 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.
Ruby Shares Outstanding Comparison
Ruby Tech is currently under evaluation in shares outstanding category among related companies.
Ruby Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ruby Tech. 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 Ruby Tech 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 Ruby Tech's important profitability drivers and their relationship over time.
Use Ruby Tech 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 Ruby Tech 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 Ruby Tech will appreciate offsetting losses from the drop in the long position's value.Ruby Tech Pair Trading
Ruby Tech Pair Trading Analysis
The ability to find closely correlated positions to Ruby Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ruby Tech 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 Ruby Tech - 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 Ruby Tech to buy it.
The correlation of Ruby Tech 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 Ruby Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ruby Tech 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 Ruby Tech 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 Ruby Tech position
In addition to having Ruby Tech 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 Buywrite ETFs Thematic Idea Now
Buywrite ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Buywrite ETFs theme has 23 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 Buywrite ETFs Theme or any other thematic opportunities.
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Check out Trending Equities. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Ruby Stock analysis
When running Ruby Tech's price analysis, check to measure Ruby Tech'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 Ruby Tech is operating at the current time. Most of Ruby Tech's value examination focuses on studying past and present price action to predict the probability of Ruby Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ruby Tech's price. Additionally, you may evaluate how the addition of Ruby Tech to your portfolios can decrease your overall portfolio volatility.
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To fully project Ruby Tech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ruby Tech 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 Ruby Tech's income statement, its balance sheet, and the statement of cash flows.