Rimoni Revenue vs. Price to Sales
| RIMO Stock | ILA 5,346 0.00 0.00% |
For Rimoni profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Rimoni to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Rimoni utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Rimoni's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Rimoni over time as well as its relative position and ranking within its peers.
Rimoni |
Rimoni Price to Sales vs. Revenue Fundamental Analysis
Rimoni Revenue vs. Competition
Rimoni is currently regarded number one company in revenue category among related companies. Market size based on revenue of Materials industry is at this time estimated at about 6.7 Billion. Rimoni holds roughly 205.77 Million in revenue claiming about 3% of all equities under Materials industry.
Rimoni Price to Sales 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.
Rimoni |
| = | 205.77 M |
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.
Rimoni | = | null |
Use Rimoni 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 Rimoni 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 Rimoni will appreciate offsetting losses from the drop in the long position's value.Rimoni Pair Trading
Rimoni Pair Trading Analysis
The ability to find closely correlated positions to Rimoni could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rimoni 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 Rimoni - 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 Rimoni to buy it.
The correlation of Rimoni 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 Rimoni moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rimoni 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 Rimoni 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 Rimoni position
In addition to having Rimoni 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 Tech Growth Thematic Idea Now
Tech Growth
Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 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 Tech Growth Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Your Equity Center. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Rimoni Stock analysis
When running Rimoni's price analysis, check to measure Rimoni'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 Rimoni is operating at the current time. Most of Rimoni's value examination focuses on studying past and present price action to predict the probability of Rimoni's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rimoni's price. Additionally, you may evaluate how the addition of Rimoni to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
To fully project Rimoni's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Rimoni 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 Rimoni's income statement, its balance sheet, and the statement of cash flows.