Phil Zheng - Richtech Robotics Chief Officer
| RR Stock | 0.63 0.01 1.61% |
Executive
Phil Zheng is Chief Officer of Richtech Robotics Class
| Age | 31 |
| Address | 4175 Cameron Street, Las Vegas, NV, United States, 89103 |
| Phone | 866 236 3835 |
| Web | https://www.richtechrobotics.com |
Richtech Robotics Management Efficiency
The company has Return on Asset (ROA) of (0.0963) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0963. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.5144) %, which implies that it produced no returns to current stockholders. Richtech Robotics' management efficiency ratios could be used to measure how well Richtech Robotics manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/25/2024, Return On Capital Employed is likely to grow to 0.06, while Return On Tangible Assets are likely to drop (0.04). At this time, Richtech Robotics' Other Current Assets are relatively stable compared to the past year. As of 11/25/2024, Fixed Asset Turnover is likely to grow to 35.66, while Non Current Assets Total are likely to drop slightly above 520.3 K. Richtech Robotics Class (RR) is traded on NASDAQ Exchange in USA. It is located in 4175 Cameron Street, Las Vegas, NV, United States, 89103 and employs 51 people. Richtech Robotics is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.Management Performance
| Return On Equity | -0.51 | ||||
| Return On Asset | -0.0963 |
Richtech Robotics Class Leadership Team
Elected by the shareholders, the Richtech Robotics' board of directors comprises two types of representatives: Richtech Robotics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Richtech. The board's role is to monitor Richtech Robotics' management team and ensure that shareholders' interests are well served. Richtech Robotics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Richtech Robotics' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Zhenqiang Huang, CFO CoFounder | ||
| Phil Zheng, Chief Officer | ||
| Zhenwu Huang, CEO CoFounder | ||
| Matthew Casella, President |
Richtech Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Richtech Robotics a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.51 | ||||
| Return On Asset | -0.0963 | ||||
| Profit Margin | (0.33) % | ||||
| Operating Margin | (0.62) % | ||||
| Current Valuation | 52.74 M | ||||
| Shares Outstanding | 55.47 M | ||||
| Shares Owned By Insiders | 9.07 % | ||||
| Shares Owned By Institutions | 2.77 % | ||||
| Number Of Shares Shorted | 3.88 M | ||||
| Price To Book | 6.49 X |
Pair Trading with Richtech Robotics
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 Richtech Robotics 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 Richtech Robotics will appreciate offsetting losses from the drop in the long position's value.Moving against Richtech Stock
| 0.79 | IR | Ingersoll Rand | PairCorr |
| 0.74 | PH | Parker Hannifin Sell-off Trend | PairCorr |
| 0.73 | CMI | Cummins | PairCorr |
| 0.72 | BW | Babcock Wilcox Enter | PairCorr |
| 0.71 | B | Barnes Group | PairCorr |
The ability to find closely correlated positions to Richtech Robotics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Richtech Robotics 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 Richtech Robotics - 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 Richtech Robotics Class to buy it.
The correlation of Richtech Robotics 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 Richtech Robotics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Richtech Robotics Class 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 Richtech Robotics 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.Additional Tools for Richtech Stock Analysis
When running Richtech Robotics' price analysis, check to measure Richtech Robotics' 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 Richtech Robotics is operating at the current time. Most of Richtech Robotics' value examination focuses on studying past and present price action to predict the probability of Richtech Robotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Richtech Robotics' price. Additionally, you may evaluate how the addition of Richtech Robotics to your portfolios can decrease your overall portfolio volatility.