RAIN Financial Statements From 2010 to 2025
| RAIN Stock | USD 1.41 0.01 0.70% |
Check RAIN ENHANCEMENT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RAIN ENHANCEMENT's main balance sheet or income statement drivers, such as , as well as many indicators such as . RAIN financial statements analysis is a perfect complement when working with RAIN ENHANCEMENT Valuation or Volatility modules.
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RAIN ENHANCEMENT TECHNOLOGIES Company Return On Equity Analysis
RAIN ENHANCEMENT's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current RAIN ENHANCEMENT Return On Equity | -0.97 |
Most of RAIN ENHANCEMENT's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, RAIN ENHANCEMENT TECHNOLOGIES is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, RAIN ENHANCEMENT TECHNOLOGIES has a Return On Equity of -0.9704. This is 95.95% lower than that of the Biotechnology sector and 97.34% lower than that of the Health Care industry. The return on equity for all United States stocks is notably higher than that of the company.
RAIN ENHANCEMENT TEC Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining RAIN ENHANCEMENT's current stock value. Our valuation model uses many indicators to compare RAIN ENHANCEMENT value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across RAIN ENHANCEMENT competition to find correlations between indicators driving RAIN ENHANCEMENT's intrinsic value. More Info.RAIN ENHANCEMENT TECHNOLOGIES is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers . 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 RAIN ENHANCEMENT's earnings, one of the primary drivers of an investment's value.About RAIN ENHANCEMENT Financial Statements
RAIN ENHANCEMENT investors utilize fundamental indicators, such as revenue or net income, to predict how RAIN Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Rain Therapeutics Inc., a clinical-stage precision oncology company, engages in developing therapies that target oncogenic drivers in the United States. Rain Therapeutics Inc. was incorporated in 2017 and is headquartered in Newark, California. Rain Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 44 people.
Pair Trading with RAIN ENHANCEMENT
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 RAIN ENHANCEMENT 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 RAIN ENHANCEMENT will appreciate offsetting losses from the drop in the long position's value.Moving together with RAIN Stock
Moving against RAIN Stock
| 0.83 | BA | Boeing | PairCorr |
| 0.83 | EVEX | Eve Holding | PairCorr |
| 0.81 | SATLW | Satellogic Warrant | PairCorr |
| 0.79 | DPRO | Draganfly | PairCorr |
| 0.78 | BA-PA | Boeing | PairCorr |
The ability to find closely correlated positions to RAIN ENHANCEMENT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RAIN ENHANCEMENT 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 RAIN ENHANCEMENT - 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 RAIN ENHANCEMENT TECHNOLOGIES to buy it.
The correlation of RAIN ENHANCEMENT 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 RAIN ENHANCEMENT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RAIN ENHANCEMENT TEC 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 RAIN ENHANCEMENT 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.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Machinery space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RAIN ENHANCEMENT. If investors know RAIN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RAIN ENHANCEMENT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of RAIN ENHANCEMENT TEC is measured differently than its book value, which is the value of RAIN that is recorded on the company's balance sheet. Investors also form their own opinion of RAIN ENHANCEMENT's value that differs from its market value or its book value, called intrinsic value, which is RAIN ENHANCEMENT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RAIN ENHANCEMENT's market value can be influenced by many factors that don't directly affect RAIN ENHANCEMENT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RAIN ENHANCEMENT's value and its price as these two are different measures arrived at by different means. Investors typically determine if RAIN ENHANCEMENT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RAIN ENHANCEMENT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.