Rodedawg International Current Valuation vs. Beta
| RWGI Stock | USD 0.02 0 10.53% |
For Rodedawg International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Rodedawg International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Rodedawg International Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Rodedawg International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Rodedawg International Industries over time as well as its relative position and ranking within its peers.
Rodedawg |
Rodedawg International Beta vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Rodedawg International's current stock value. Our valuation model uses many indicators to compare Rodedawg International value to that of its competitors to determine the firm's financial worth. Rodedawg International Industries is currently regarded number one company in current valuation category among related companies. It is currently regarded as top stock in beta category among related companies . The ratio of Current Valuation to Beta for Rodedawg International Industries is about 1,073,674 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Rodedawg International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Rodedawg International's Pink Sheet. 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 Rodedawg International's earnings, one of the primary drivers of an investment's value.Rodedawg Current Valuation vs. Competition
Rodedawg International Industries is currently regarded number one company in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Auto & Truck Dealerships industry is at this time estimated at about 21.78 Billion. Rodedawg International adds roughly 7.47 Million in current valuation claiming only tiny portion of stocks in Auto & Truck Dealerships industry.
Rodedawg Beta vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Rodedawg International |
| = | 7.47 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Rodedawg International |
| = | 6.96 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Rodedawg Beta Comparison
Rodedawg International is currently under evaluation in beta category among related companies.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Rodedawg International will likely underperform.
Rodedawg International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Rodedawg International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Rodedawg International will eventually generate negative long term returns. The profitability progress is the general direction of Rodedawg International's change in net profit over the period of time. It can combine multiple indicators of Rodedawg International, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Rodedawg International Industries, Inc. engages in manufacture and distribution of recreational, amphibious, and off road vehicles worldwide. Rodedawg International Industries is based in Sheridan, California. Rodedawg International is traded on OTC Exchange in the United States.
Rodedawg Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Rodedawg International. 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 Rodedawg International 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 Rodedawg International's important profitability drivers and their relationship over time.
Use Rodedawg International 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 Rodedawg International 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 Rodedawg International will appreciate offsetting losses from the drop in the long position's value.Rodedawg International Pair Trading
Rodedawg International Industries Pair Trading Analysis
The ability to find closely correlated positions to Rodedawg International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rodedawg International 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 Rodedawg International - 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 Rodedawg International Industries to buy it.
The correlation of Rodedawg International 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 Rodedawg International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rodedawg International 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 Rodedawg International 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 Rodedawg International position
In addition to having Rodedawg International 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 Money Funds Thematic Idea Now
Money Funds
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 31 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 Money Funds Theme or any other thematic opportunities.
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Check out Your Equity Center. Note that the Rodedawg International information on this page should be used as a complementary analysis to other Rodedawg International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Rodedawg Pink Sheet analysis
When running Rodedawg International's price analysis, check to measure Rodedawg International'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 Rodedawg International is operating at the current time. Most of Rodedawg International's value examination focuses on studying past and present price action to predict the probability of Rodedawg International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rodedawg International's price. Additionally, you may evaluate how the addition of Rodedawg International to your portfolios can decrease your overall portfolio volatility.
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To fully project Rodedawg International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Rodedawg International 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 Rodedawg International's income statement, its balance sheet, and the statement of cash flows.