Will Inogen private investors switch to Radiant (USA Stocks:RLGT)?

RLGT Stock  USD 5.78  0.07  1.20%   
As many rational traders are trying to avoid air freight & logistics space, it makes sense to review Radiant Logistics a little further and understand how it stands against Inogen and other similar entities. We are going to break down some of the competitive aspects of both Radiant and Inogen.
Published over two weeks ago
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By analyzing existing technical and fundamental indicators between Radiant Logistics and Inogen, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Inogen with a short position in Radiant Logistics. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Radiant Logistics has an asset utilization ratio of 248.89 percent. This implies that the company is making $2.49 for each dollar of assets. An increasing asset utilization means that Radiant Logistics is more efficient with each dollar of assets it utilizes for everyday operations.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two entities, such as Radiant or Eutelsat is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.

How important is Radiant Logistics's Liquidity

Radiant Logistics financial leverage refers to using borrowed capital as a funding source to finance Radiant Logistics ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Radiant Logistics financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Radiant Logistics's total debt and its cash.

Correlation Between Radiant and Eutelsat Communications

In general, Stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Radiant Logistics together with similar or unrelated positions with a negative correlation. For example, you can also add Eutelsat Communications to your portfolio. If Eutelsat Communications is not perfectly correlated to Radiant Logistics it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Radiant Logistics, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Please check pair correlation details between RLGT and EUTLF for more information.

What is driving Radiant Logistics Investor Appetite?

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.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Lets now take a look at Radiant Logistics revenue. Based on the latest financial disclosure, Radiant Logistics reported 889.12 M of revenue. This is 74.59% lower than that of the Air Freight & Logistics sector and significantly higher than that of the Industrials industry. The revenue for all United States stocks is 90.58% higher than that of Radiant Logistics. As for Inogen we see revenue of 358 M, which is much higher than that of the Industrials

Radiant889.12 Million
Sector0.0
Inogen358 Million
889.1 M
Radiant
Sector
358 M
Inogen

Another setback for Radiant Logistics private investors

Newest Market Risk Adjusted Performance is up to -0.1. Price may drop again. Radiant Logistics exhibits very low volatility with skewness of -0.29 and kurtosis of 0.11. However, we advise investors to further study Radiant Logistics technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Radiant Logistics' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Radiant Logistics' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Final Take On Radiant Logistics

Whereas some other firms in the integrated freight & logistics industry are either recovering or due for a correction, Radiant may not be as strong as the others in terms of longer-term growth potentials. Taking everything into account, as of the 16th of January 2023, our latest 90 days buy-hold-sell recommendation on the firm is Strong Hold. We believe Radiant Logistics is undervalued with low probability of distress for the next two years.

Editorial Staff

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 Radiant Logistics. Please refer to our Terms of Use for any information regarding our disclosure principles.

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