Raketech Financial Statements From 2010 to 2024
| RAKE Stock | SEK 11.80 0.46 3.75% |
Check Raketech Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Raketech main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Raketech financial statements analysis is a perfect complement when working with Raketech Group Valuation or Volatility modules.
Raketech |
Raketech Group Holding Company Return On Equity Analysis
Raketech Group's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Raketech Group Return On Equity | 0.0962 |
Most of Raketech Group's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Raketech Group Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Raketech Group Holding has a Return On Equity of 0.0962. This is 97.33% lower than that of the Consumer Cyclical sector and 135.63% lower than that of the Marketing Services industry. The return on equity for all Sweden stocks is 131.03% lower than that of the firm.
Raketech Group Holding Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Raketech Group's current stock value. Our valuation model uses many indicators to compare Raketech Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Raketech Group competition to find correlations between indicators driving Raketech Group's intrinsic value. More Info.Raketech Group Holding is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in return on asset category among related companies reporting about 0.78 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Raketech Group Holding is roughly 1.28 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Raketech Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Raketech Group'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 Raketech Group's earnings, one of the primary drivers of an investment's value.About Raketech Group Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Raketech Group income statement, its balance sheet, and the statement of cash flows. Raketech Group investors use historical funamental indicators, such as Raketech Group's revenue or net income, to determine how well the company is positioned to perform in the future. Although Raketech Group investors may use each financial statement separately, they are all related. The changes in Raketech Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Raketech Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Raketech Group Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Raketech Group. Please read more on our technical analysis and fundamental analysis pages.
Raketech Group Holding PLC operates as an online affiliate and content marketing company worldwide. Raketech Group Holding PLC was founded in 2010 and is headquartered in St Julians, Malta. Raketech Group is traded on Stockholm Stock Exchange in Sweden.
Pair Trading with Raketech Group
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 Raketech Group 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 Raketech Group will appreciate offsetting losses from the drop in the long position's value.Moving against Raketech Stock
| 0.84 | HM-B | H M Hennes | PairCorr |
| 0.81 | AWRD | Awardit AB | PairCorr |
| 0.79 | ATCO-A | Atlas Copco AB | PairCorr |
| 0.78 | TRAD | TradeDoubler AB Earnings Call This Week | PairCorr |
| 0.77 | ALIV-SDB | Autoliv | PairCorr |
The ability to find closely correlated positions to Raketech Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Raketech Group 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 Raketech Group - 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 Raketech Group Holding to buy it.
The correlation of Raketech Group 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 Raketech Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Raketech Group Holding 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 Raketech Group 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.Check out the analysis of Raketech Group Correlation against competitors. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Raketech Stock analysis
When running Raketech Group's price analysis, check to measure Raketech Group'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 Raketech Group is operating at the current time. Most of Raketech Group's value examination focuses on studying past and present price action to predict the probability of Raketech Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raketech Group's price. Additionally, you may evaluate how the addition of Raketech Group to your portfolios can decrease your overall portfolio volatility.
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