Ribbit LEAP Current Valuation
Valuation analysis of Ribbit LEAP helps investors to measure Ribbit LEAP's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Search Suggestions
| LE | Lands End | Company |
| LEAIX | Lazard Emerging Markets | Mutual Fund |
| LEAD | Siren DIVCON Leaders | ETF |
| LEO | LEO Token | Cryptocurrency |
| LEUSX | Live Cattle Futures | Commodity |
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.
CompetitionIn accordance with the recently published financial statements, Ribbit LEAP has a Current Valuation of 582.09 M. This is 98.23% lower than that of the Financial Services sector and significantly higher than that of the Shell Companies industry. The current valuation for all United States stocks is 96.5% higher than that of the company.
Ribbit Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ribbit LEAP's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ribbit LEAP could also be used in its relative valuation, which is a method of valuing Ribbit LEAP by comparing valuation metrics of similar companies.Ribbit LEAP is currently under evaluation in current valuation category among its peers.
Ribbit Fundamentals
| Return On Asset | -0.13 | |||
| Current Valuation | 582.09 M | |||
| Shares Outstanding | 41.26 M | |||
| Shares Owned By Institutions | 61.16 % | |||
| Number Of Shares Shorted | 63 K | |||
| Price To Earning | 4.43 X | |||
| Price To Book | 123.29 X | |||
| Price To Sales | 0.48 X | |||
| Revenue | 2.9 B | |||
| Gross Profit | 1.03 B | |||
| EBITDA | 248.89 M | |||
| Net Income | 103.32 M | |||
| Cash And Equivalents | 621.11 K | |||
| Cash Per Share | 0.01 X | |||
| Debt To Equity | (24.72) % | |||
| Current Ratio | 2.64 X | |||
| Book Value Per Share | (0.77) X | |||
| Cash Flow From Operations | (592.28 K) | |||
| Short Ratio | 0.81 X | |||
| Earnings Per Share | 2.26 X | |||
| Price To Earnings To Growth | (0.18) X | |||
| Number Of Employees | 3.29 K | |||
| Beta | 2.05 | |||
| Market Capitalization | 458.19 M | |||
| Total Asset | 4.66 B | |||
| Retained Earnings | (2.35 B) | |||
| Working Capital | 346.94 M | |||
| Current Asset | 1.19 B | |||
| Current Liabilities | 841 M |
Pair Trading with Ribbit LEAP
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 Ribbit LEAP 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 Ribbit LEAP will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to PNC Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PNC Financial 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 PNC Financial - 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 PNC Financial Services to buy it.
The correlation of PNC Financial 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 PNC Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PNC Financial Services 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 PNC Financial 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 Correlation Analysis 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 nation. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in Ribbit Stock
If you are still planning to invest in Ribbit LEAP check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ribbit LEAP's history and understand the potential risks before investing.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |