The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Rex American has an asset utilization ratio of 194.12 percent. This suggests that the company is making $1.94 for each dollar of assets. An increasing asset utilization means that Rex American Resources is more efficient with each dollar of assets it utilizes for everyday operations.
What is the right price you would pay to acquire a share of REX American? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the
future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our
stock advisor page.
What is happening with REX American Resources this year
Annual and quarterly reports issued by REX American Resources are formal
financial statements that are published yearly and quarterly and sent to REX stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the
Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as REX American often view their annual report as an effective marketing tool to disseminate their perspective on company
future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
REX American Gross Profit
REX American Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing REX American previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show REX American Gross Profit growth over the last 10 years. Please check REX American's
gross profit and other
fundamental indicators for more details.
Is Rex American a risky opportunity?
Let's check the volatility. Rex American is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Rex American (NYSE:REX) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. acquiring a share of a Rex American stock makes you a part-owner of that company.
Momentum Analysis of Rex American suggests possible reversal in September
Current maximum drawdown is at 12.42.
As of the 29th of August, Rex American holds the Risk Adjusted Performance of 0.1077,
coefficient of variation of 1187.65, and Semi Deviation of 2.52. Compared to
fundamental indicators, the
technical analysis model allows you to check existing technical drivers of Rex American, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen
technical drivers for Rex American Resources, which can be compared to its competitors. Please check
Rex American Resources standard deviation, as well as the
relationship between the value at risk and
kurtosis to decide if Rex American Resources is priced some-what accurately, providing market reflects its current price of 33.64 per share. Given that Rex American has
jensen alpha of 0.2051, we recommend you to check out Rex American Resources's recent market performance to make sure the company can sustain itself at a future point.
The Current Takeaway on Rex American Investment
While some other firms under the specialty chemicals industry are still a bit expensive, Rex American may offer a potential longer-term growth to investors. While some investors may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Rex American.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of REX American Resources. Please refer to our
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