Resaas Services Stock Today
| RSS Stock | CAD 0.28 0.01 3.70% |
Performance0 of 100
| Odds Of DistressOver 64
|
Resaas Services is selling for under 0.28 as of the 19th of April 2024; that is 3.70 percent increase since the beginning of the trading day. The stock's lowest day price was 0.28. Resaas Services has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Resaas Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Software & Services | Category Technology | Classification Information Technology |
RESAAS Services Inc. develops cloud-based social business platform for the real estate services industry. RESAAS Services Inc. is a subsidiary of The Canadian Depository for Securities Limited. RESAAS SERVICES operates under Software - Application classification in Canada and is traded on TSX Venture Exchange.. The company has 79.9 M outstanding shares of which 321 shares are at this time shorted by private and institutional investors with about 0.01 days to cover all short positions. More on Resaas Services
Moving against Resaas Stock
| 0.62 | CDAY | Ceridian HCM Holding | PairCorr |
| 0.46 | CNQ | Canadian Natural Res | PairCorr |
| 0.46 | CET | Cathedral Energy Services | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Resaas Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Resaas Services' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Resaas Services or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Thomas Rossiter | ||||
| Business Concentration | Application Software, Software - Application, Information Technology, Information Technology, Software, Software - Application, Technology (View all Sectors) | ||||
Resaas Services' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Resaas Services' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Resaas Services' financial leverage. It provides some insight into what part of Resaas Services' total assets is financed by creditors.
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Resaas Services (RSS) is traded on TSX Venture Exchange in Canada and employs 15 people. Resaas Services is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 22.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Resaas Services's market, we take the total number of its shares issued and multiply it by Resaas Services's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Resaas Services classifies itself under Software sector and is part of Information Technology industry. The entity has 79.9 M outstanding shares of which 321 shares are at this time shorted by private and institutional investors with about 0.01 days to cover all short positions.
Resaas Services has accumulated about 736.31 K in cash with (983.68 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Resaas Services Probability Of Bankruptcy
Ownership AllocationResaas Services has a total of 79.9 Million outstanding shares. Resaas Services has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Resaas Ownership Details
Resaas Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Resaas Services jumping above the current price in 90 days from now is about 75.97%. The Resaas Services probability density function shows the probability of Resaas Services stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Resaas Services has a beta of -0.8662 indicating Additionally, resaas Services has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Resaas Services to move above the current price in 90 days from now is about 75.97 (This Resaas Services probability density function shows the probability of Resaas Stock to fall within a particular range of prices over 90 days) .
Resaas Services Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Resaas Services market risk premium is the additional return an investor will receive from holding Resaas Services long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Resaas Services. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Resaas Services' alpha and beta are two of the key measurements used to evaluate Resaas Services' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.58 | |||
| Standard Deviation | 7.57 | |||
| Variance | 57.3 | |||
| Risk Adjusted Performance | (0.04) |
Resaas Stock Against Markets
Picking the right benchmark for Resaas Services stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Resaas Services stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Resaas Services is critical whether you are bullish or bearish towards Resaas Services at a given time. Please also check how Resaas Services' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Resaas Services without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Resaas Services Corporate Directors
Resaas Services corporate directors refer to members of a Resaas Services board of directors. The board of directors generally takes responsibility for the Resaas Services' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Resaas Services' board members must vote for the resolution. The Resaas Services board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Adrian Barrett | Independent Director | Profile | |
| Simon Bodymore | Director | Profile | |
| Chris Wong | Director - Finance | Profile | |
| Taylor Thoen | Director | Profile |
How to buy Resaas Stock?
Before investing in Resaas Services, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Resaas Services. To buy Resaas Services stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Resaas Services. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Resaas Services stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Resaas Services stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Resaas Services stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Resaas Services, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Resaas Services?
The danger of trading Resaas Services is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Resaas Services is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Resaas Services. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Resaas Services is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Resaas Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Resaas Stock analysis
When running Resaas Services' price analysis, check to measure Resaas Services' 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 Resaas Services is operating at the current time. Most of Resaas Services' value examination focuses on studying past and present price action to predict the probability of Resaas Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resaas Services' price. Additionally, you may evaluate how the addition of Resaas Services to your portfolios can decrease your overall portfolio volatility.
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