Rubellite Energy Stock Number Of Employees
| RBY Stock | 2.18 0.03 1.40% |
Rubellite Energy fundamentals help investors to digest information that contributes to Rubellite Energy's financial success or failures. It also enables traders to predict the movement of Rubellite Stock. The fundamental analysis module provides a way to measure Rubellite Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Rubellite Energy stock.
Rubellite |
Rubellite Energy Company Number Of Employees Analysis
Rubellite Energy's Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Rubellite Number Of Employees Driver Correlations
Understanding the fundamental principles of building solid financial models for Rubellite Energy is extremely important. It helps to project a fair market value of Rubellite Stock properly, considering its historical fundamentals such as Number Of Employees. Since Rubellite Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Rubellite Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Rubellite Energy's interrelated accounts and indicators.
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Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
| Competition |
Based on the recorded statements, Rubellite Energy is currently employing 0.0 people. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The number of employees for all Canada stocks is 100.0% higher than that of the company.
Rubellite Energy is currently under evaluation in number of employees category among its peers. The total workforce of Energy industry is at this time estimated at about 70.0. Rubellite Energy adds roughly 0.0 in number of employees claiming only tiny portion of equities under Energy industry.Rubellite Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0879 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.50 % | ||||
| Current Valuation | 231.95 M | ||||
| Shares Outstanding | 92.95 M | ||||
| Shares Owned By Insiders | 47.75 % | ||||
| Shares Owned By Institutions | 0.29 % | ||||
| Number Of Shares Shorted | 8.71 K | ||||
| Price To Book | 0.87 X | ||||
| Price To Sales | 1.91 X | ||||
| Revenue | 80.45 M | ||||
| Gross Profit | 44.38 M | ||||
| EBITDA | 50.02 M | ||||
| Net Income | 18.56 M | ||||
| Cash And Equivalents | 1.95 M | ||||
| Total Debt | 29.32 M | ||||
| Book Value Per Share | 3.19 X | ||||
| Cash Flow From Operations | 55.39 M | ||||
| Short Ratio | 0.16 X | ||||
| Earnings Per Share | 0.51 X | ||||
| Target Price | 3.81 | ||||
| Beta | 1.05 | ||||
| Market Capitalization | 202.63 M | ||||
| Total Asset | 271.15 M | ||||
| Retained Earnings | 50.87 M | ||||
| Working Capital | (12.95 M) | ||||
| Net Asset | 271.15 M |
About Rubellite Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rubellite Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rubellite Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rubellite Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Rubellite Energy
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 Rubellite Energy 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 Rubellite Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Rubellite Stock
| 0.64 | CCL-A | CCL Industries | PairCorr |
| 0.62 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.56 | ENS | E Split Corp | PairCorr |
| 0.45 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.39 | ENS-PA | E Split Corp | PairCorr |
The ability to find closely correlated positions to Rubellite Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rubellite Energy 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 Rubellite Energy - 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 Rubellite Energy to buy it.
The correlation of Rubellite Energy 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 Rubellite Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rubellite Energy 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 Rubellite Energy 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.Other Information on Investing in Rubellite Stock
Rubellite Energy financial ratios help investors to determine whether Rubellite Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rubellite with respect to the benefits of owning Rubellite Energy security.