Ross Stores Market Capitalization vs. Price To Earnings To Growth
| RSO Stock | 147.44 7.74 5.54% |
For Ross Stores profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ross Stores to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ross Stores utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ross Stores's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ross Stores over time as well as its relative position and ranking within its peers.
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Ross Stores Price To Earnings To Growth vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ross Stores's current stock value. Our valuation model uses many indicators to compare Ross Stores value to that of its competitors to determine the firm's financial worth. Ross Stores is rated fifth in market capitalization category among its peers. It is rated third in price to earnings to growth category among its peers . The ratio of Market Capitalization to Price To Earnings To Growth for Ross Stores is about 13,872,433,624 . 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 Ross Stores' earnings, one of the primary drivers of an investment's value.Ross Market Capitalization vs. Competition
Ross Stores is rated fifth in market capitalization category among its peers. Market capitalization of Other industry is at this time estimated at about 9.8 Trillion. Ross Stores adds roughly 35.31 Billion in market capitalization claiming only tiny portion of all equities under Other industry.
Ross Price To Earnings To Growth vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Ross Stores |
| = | 35.31 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Ross Stores |
| = | 2.55 X |
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Ross Price To Earnings To Growth Comparison
Ross Stores is currently under evaluation in price to earnings to growth category among its peers.
Ross Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ross Stores. 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 Ross Stores 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 Ross Stores' important profitability drivers and their relationship over time.
Use Ross Stores 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 Ross Stores 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 Ross Stores will appreciate offsetting losses from the drop in the long position's value.Ross Stores Pair Trading
Ross Stores Pair Trading Analysis
The ability to find closely correlated positions to Ross Stores could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ross Stores 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 Ross Stores - 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 Ross Stores to buy it.
The correlation of Ross Stores 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 Ross Stores moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ross Stores 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 Ross Stores 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 Ross Stores position
In addition to having Ross Stores 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 World Allocation Funds Thematic Idea Now
World Allocation Funds
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 37 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 World Allocation Funds Theme or any other thematic opportunities.
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Additional Tools for Ross Stock Analysis
When running Ross Stores' price analysis, check to measure Ross Stores' 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 Ross Stores is operating at the current time. Most of Ross Stores' value examination focuses on studying past and present price action to predict the probability of Ross Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ross Stores' price. Additionally, you may evaluate how the addition of Ross Stores to your portfolios can decrease your overall portfolio volatility.