Reo Plastics Stock Net Income
| REOP Stock | USD 56.10 1.90 3.28% |
Reo Plastics' fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Reo Pink Sheet price.
Reo |
Reo Plastics Company Net Income Analysis
Reo Plastics' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Reo Plastics reported net income of 0.0. This is 100.0% lower than that of the Industrials sector and about the same as Specialty Industrial Machinery (which currently averages 0.0) industry. The net income for all United States stocks is 100.0% higher than that of the company.
Reo Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reo Plastics' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Reo Plastics could also be used in its relative valuation, which is a method of valuing Reo Plastics by comparing valuation metrics of similar companies.Reo Plastics is currently under evaluation in net income category among its peers.
Reo Fundamentals
| Beta | 0.5 |
About Reo Plastics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reo Plastics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reo Plastics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reo Plastics 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 Reo Plastics
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 Reo Plastics 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 Reo Plastics will appreciate offsetting losses from the drop in the long position's value.Moving against Reo Pink Sheet
| 0.79 | GLABF | Gemina Laboratories | PairCorr |
| 0.71 | NSFDF | NXT Energy Solutions | PairCorr |
| 0.69 | ETN | Eaton PLC | PairCorr |
| 0.34 | SBGSF | Schneider Electric | PairCorr |
The ability to find closely correlated positions to Reo Plastics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Reo Plastics 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 Reo Plastics - 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 Reo Plastics to buy it.
The correlation of Reo Plastics 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 Reo Plastics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Reo Plastics 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 Reo Plastics 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 Reo Pink Sheet Analysis
When running Reo Plastics' price analysis, check to measure Reo Plastics' 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 Reo Plastics is operating at the current time. Most of Reo Plastics' value examination focuses on studying past and present price action to predict the probability of Reo Plastics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reo Plastics' price. Additionally, you may evaluate how the addition of Reo Plastics to your portfolios can decrease your overall portfolio volatility.