Right On Brands Stock Current Valuation
RTON Stock | USD 0.03 0.01 28.57% |
Valuation analysis of Right On Brands helps investors to measure Right On's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
Please note that Right On's price fluctuation is out of control at this time. Calculation of the real value of Right On Brands is based on 3 months time horizon. Increasing Right On's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Right On is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Right Pink Sheet. However, Right On's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 0.03 | Real 0.0288 | Hype 0.03 | Naive 0.0258 |
The intrinsic value of Right On's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Right On's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Right On Brands helps investors to forecast how Right pink sheet's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Right On more accurately as focusing exclusively on Right On's fundamentals will not take into account other important factors: Right On Brands Company Current Valuation Analysis
Right On's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Right On Current Valuation | 2.26 M |
Most of Right On's fundamental indicators, such as Current Valuation, 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, Right On Brands is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition |
In accordance with the recently published financial statements, Right On Brands has a Current Valuation of 2.26 M. This is 99.99% lower than that of the Consumer Defensive sector and 99.98% lower than that of the Packaged Foods industry. The current valuation for all United States stocks is 99.99% higher than that of the company.
Right Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Right On's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Right On could also be used in its relative valuation, which is a method of valuing Right On by comparing valuation metrics of similar companies.Right On is currently under evaluation in current valuation category among its peers.
Right Fundamentals
Return On Asset | -0.12 | |||
Profit Margin | (0.05) % | |||
Operating Margin | (0.04) % | |||
Current Valuation | 2.26 M | |||
Shares Outstanding | 23.09 M | |||
Shares Owned By Insiders | 3.02 % | |||
Price To Sales | 0.99 X | |||
Revenue | 997.1 K | |||
Gross Profit | 440.01 K | |||
EBITDA | (225.78 K) | |||
Net Income | (257.02 K) | |||
Cash And Equivalents | 15.25 K | |||
Total Debt | 445.22 K | |||
Debt To Equity | 91.40 % | |||
Current Ratio | 0.30 X | |||
Cash Flow From Operations | (150.7 K) | |||
Beta | 1.23 | |||
Market Capitalization | 4.62 K | |||
Total Asset | 234.13 K | |||
Z Score | 4.0 | |||
Net Asset | 234.13 K |
About Right On Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Right On Brands's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Right On using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Right On Brands 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 Right On
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 Right On 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 Right On will appreciate offsetting losses from the drop in the long position's value.Moving together with Right Pink Sheet
Moving against Right Pink Sheet
0.68 | K | Kellanova Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Right On could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Right On 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 Right On - 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 Right On Brands to buy it.
The correlation of Right On 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 Right On moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Right On Brands 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 Right On 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 Right Pink Sheet
Right On financial ratios help investors to determine whether Right Pink Sheet 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 Right with respect to the benefits of owning Right On security.