Rockfire Resources Beta vs. Price To Sales
ROCK Stock | 0.21 0.10 90.91% |
For Rockfire Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Rockfire Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Rockfire Resources plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Rockfire Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Rockfire Resources plc over time as well as its relative position and ranking within its peers.
Rockfire |
Rockfire Resources plc Price To Sales vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Rockfire Resources's current stock value. Our valuation model uses many indicators to compare Rockfire Resources value to that of its competitors to determine the firm's financial worth. Rockfire Resources plc is currently regarded as top stock in beta category among its peers. It also is currently regarded as top stock in price to sales category among its peers fabricating about 2,597,403 of Price To Sales per Beta. 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 Rockfire Resources' earnings, one of the primary drivers of an investment's value.Rockfire Price To Sales vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Rockfire Resources |
| = | 0.39 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Rockfire Resources |
| = | 1,000,000 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Rockfire Price To Sales Comparison
Rockfire Resources is currently under evaluation in price to sales category among its peers.
Beta Analysis
As returns on the market increase, Rockfire Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Rockfire Resources is expected to be smaller as well.
Rockfire Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Rockfire Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Rockfire Resources will eventually generate negative long term returns. The profitability progress is the general direction of Rockfire Resources' change in net profit over the period of time. It can combine multiple indicators of Rockfire Resources, 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.
Last Reported | Projected for Next Year | ||
Accumulated Other Comprehensive Income | 2.1 M | 2.4 M | |
Operating Income | -1.8 M | -1.9 M | |
Income Before Tax | -1.8 M | -1.9 M | |
Total Other Income Expense Net | 2.00 | 2.10 | |
Net Loss | -1.8 M | -1.7 M | |
Income Tax Expense | 3.45 | 3.62 | |
Net Loss | -1.8 M | -1.9 M | |
Net Loss | -866.2 K | -909.5 K | |
Net Interest Income | 2.00 | 2.10 | |
Interest Income | 2.00 | 2.10 | |
Change To Netincome | 61.3 K | 85.3 K |
Rockfire Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Rockfire Resources. 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 Rockfire Resources 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 Rockfire Resources' important profitability drivers and their relationship over time.
Use Rockfire Resources 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 Rockfire Resources 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 Rockfire Resources will appreciate offsetting losses from the drop in the long position's value.Rockfire Resources Pair Trading
Rockfire Resources plc Pair Trading Analysis
The ability to find closely correlated positions to Rockfire Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rockfire Resources 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 Rockfire Resources - 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 Rockfire Resources plc to buy it.
The correlation of Rockfire Resources 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 Rockfire Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rockfire Resources plc 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 Rockfire Resources 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 Rockfire Resources position
In addition to having Rockfire Resources 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 Adviser Favorites Thematic Idea Now
Adviser Favorites
Financial advisors frequently recommend that individuals diversify their investment portfolios with a mix of different types of stocks. These can include blue-chip stocks, growth stocks, and dividend stocks. The Adviser Favorites theme has 17 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 Adviser Favorites Theme or any other thematic opportunities.
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Additional Tools for Rockfire Stock Analysis
When running Rockfire Resources' price analysis, check to measure Rockfire Resources' 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 Rockfire Resources is operating at the current time. Most of Rockfire Resources' value examination focuses on studying past and present price action to predict the probability of Rockfire Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rockfire Resources' price. Additionally, you may evaluate how the addition of Rockfire Resources to your portfolios can decrease your overall portfolio volatility.