Rubis Shares Outstanding vs. Return On Asset

RUBSFDelisted Stock  USD 25.00  0.00  0.00%   
Based on Rubis' profitability indicators, Rubis may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in February. Profitability indicators assess Rubis' ability to earn profits and add value for shareholders.
For Rubis profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Rubis to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Rubis utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Rubis's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Rubis over time as well as its relative position and ranking within its peers.
  
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Please note, there is a significant difference between Rubis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rubis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rubis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Rubis Return On Asset vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Rubis's current stock value. Our valuation model uses many indicators to compare Rubis value to that of its competitors to determine the firm's financial worth.
Rubis is currently regarded as top stock in shares outstanding category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for Rubis is about  2,193,624,733 . 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 Rubis' earnings, one of the primary drivers of an investment's value.

Rubis Return On Asset vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Rubis

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
102.88 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Rubis

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0469
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Rubis Return On Asset Comparison

Rubis is currently under evaluation in return on asset category among its peers.

Rubis Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Rubis, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Rubis will eventually generate negative long term returns. The profitability progress is the general direction of Rubis' change in net profit over the period of time. It can combine multiple indicators of Rubis, 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.
Rubis, through its subsidiaries, engages in the operation of bulk liquid storage facilities and distribution of petroleum products in Europe, Africa, and the Caribbean. It serves gas stations, private individuals, industrial professionals, public works, energy distribution professionals, supermarkets, oil companies, chemical and petrochemical companies, agricultural cooperatives traders, etc., as well as services, transportation, hotel, aviation, marine, and other industries The company was founded in 1990 and is headquartered in Paris, France. Rubis Et is traded on OTC Exchange in the United States.

Rubis Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Rubis. 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 Rubis 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 Rubis' important profitability drivers and their relationship over time.

Use Rubis 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 Rubis 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 Rubis will appreciate offsetting losses from the drop in the long position's value.

Rubis Pair Trading

Rubis Pair Trading Analysis

The ability to find closely correlated positions to Rubis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rubis 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 Rubis - 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 Rubis to buy it.
The correlation of Rubis 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 Rubis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rubis 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 Rubis 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Rubis position

In addition to having Rubis 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 Recycling Thematic Idea Now

Recycling
Recycling Theme
West management companies as well as entities specializing in pollution control and recycling. The Recycling theme has 46 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 Recycling Theme or any other thematic opportunities.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Other Consideration for investing in Rubis Pink Sheet

If you are still planning to invest in Rubis check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Rubis' history and understand the potential risks before investing.
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