Riocan REIT Return On Equity vs. Current Valuation
| RIOCF Stock | USD 13.56 0.24 1.80% |
For Riocan REIT profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Riocan REIT to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Riocan REIT utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Riocan REIT's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Riocan REIT over time as well as its relative position and ranking within its peers.
Riocan |
Riocan REIT Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Riocan REIT's current stock value. Our valuation model uses many indicators to compare Riocan REIT value to that of its competitors to determine the firm's financial worth. Riocan REIT is rated below average in return on equity category among its peers. It is currently regarded number one company in current valuation category among its peers reporting about 171,347,954,965 of Current Valuation per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Riocan REIT's earnings, one of the primary drivers of an investment's value.Riocan Current Valuation vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Riocan REIT |
| = | 0.057 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Riocan REIT |
| = | 9.77 B |
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.
Riocan Current Valuation vs Competition
Riocan REIT is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Real Estate industry is at this time estimated at about 94.79 Billion. Riocan REIT retains roughly 9.77 Billion in current valuation claiming about 10% of equities listed under Real Estate industry.
Riocan REIT Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Riocan REIT, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Riocan REIT will eventually generate negative long term returns. The profitability progress is the general direction of Riocan REIT's change in net profit over the period of time. It can combine multiple indicators of Riocan REIT, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
RioCan is one of Canadas largest real estate investment trusts. As at September 30, 2020, our portfolio is comprised of 221 properties with an aggregate net leasable area of approximately 38.4 million square feet including office, residential rental and 16 development properties. Riocan Real operates under REITRetail classification in the United States and is traded on OTC Exchange. It employs 582 people.
Riocan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Riocan REIT. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Riocan REIT position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Riocan REIT's important profitability drivers and their relationship over time.
Use Riocan REIT in pair-trading
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 Riocan REIT 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 Riocan REIT will appreciate offsetting losses from the drop in the long position's value.Riocan REIT Pair Trading
Riocan REIT Pair Trading Analysis
The ability to find closely correlated positions to Riocan REIT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Riocan REIT 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 Riocan REIT - 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 Riocan REIT to buy it.
The correlation of Riocan REIT 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 Riocan REIT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Riocan REIT 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 Riocan REIT 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.Use Investing Themes to Complement your Riocan REIT position
In addition to having Riocan REIT in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Momentum Thematic Idea Now
Momentum
Large corporations operating in software, education, financial and car manufacturing industries. The Momentum theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Momentum Theme or any other thematic opportunities.
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Other Information on Investing in Riocan Pink Sheet
To fully project Riocan REIT's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Riocan REIT at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Riocan REIT's income statement, its balance sheet, and the statement of cash flows.