Rocky Mountain Price To Sales vs. Net Income
| RUM Stock | CAD 0.11 0.01 10.00% |
For Rocky Mountain profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Rocky Mountain to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Rocky Mountain Liquor utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Rocky Mountain's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Rocky Mountain Liquor over time as well as its relative position and ranking within its peers.
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Rocky Mountain Liquor Net Income vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Rocky Mountain's current stock value. Our valuation model uses many indicators to compare Rocky Mountain value to that of its competitors to determine the firm's financial worth. Rocky Mountain Liquor is rated fifth in price to sales category among its peers. It is rated below average in net income category among its peers making up about 3,542,938 of Net Income per Price To Sales. At this time, Rocky Mountain's Net Income is fairly stable compared to the past year. 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 Rocky Mountain's earnings, one of the primary drivers of an investment's value.Rocky Net Income vs. Price To Sales
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.
Rocky Mountain |
| = | 0.13 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Rocky Mountain |
| = | 463.06 K |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Rocky Net Income Comparison
Rocky Mountain is currently under evaluation in net income category among its peers.
Rocky Mountain Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Rocky Mountain, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Rocky Mountain will eventually generate negative long term returns. The profitability progress is the general direction of Rocky Mountain's change in net profit over the period of time. It can combine multiple indicators of Rocky Mountain, 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 | ||
| Operating Income | 1.3 M | 1.3 M | |
| Net Income From Continuing Ops | 463.1 K | 486.2 K | |
| Income Before Tax | 388.1 K | 407.5 K | |
| Total Other Income Expense Net | -11.2 K | -11.8 K | |
| Net Income Applicable To Common Shares | 1.3 M | 1.4 M | |
| Net Income | 463.1 K | 486.2 K | |
| Income Tax Expense | -176.7 K | -167.9 K | |
| Net Interest Income | -871.3 K | -914.8 K | |
| Change To Netincome | 463.8 K | 289.7 K |
Rocky Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Rocky Mountain. 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 Rocky Mountain 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 Rocky Mountain's important profitability drivers and their relationship over time.
Use Rocky Mountain 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 Rocky Mountain 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 Rocky Mountain will appreciate offsetting losses from the drop in the long position's value.Rocky Mountain Pair Trading
Rocky Mountain Liquor Pair Trading Analysis
The ability to find closely correlated positions to Rocky Mountain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rocky Mountain 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 Rocky Mountain - 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 Rocky Mountain Liquor to buy it.
The correlation of Rocky Mountain 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 Rocky Mountain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rocky Mountain Liquor 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 Rocky Mountain 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 Rocky Mountain position
In addition to having Rocky Mountain 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 Diversified Assets Thematic Idea Now
Diversified Assets
Pablicly traded close-end funds and other entities backed by different types of diversified investments. The Diversified Assets theme has 38 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 Diversified Assets Theme or any other thematic opportunities.
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Additional Tools for Rocky Stock Analysis
When running Rocky Mountain's price analysis, check to measure Rocky Mountain's 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 Rocky Mountain is operating at the current time. Most of Rocky Mountain's value examination focuses on studying past and present price action to predict the probability of Rocky Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocky Mountain's price. Additionally, you may evaluate how the addition of Rocky Mountain to your portfolios can decrease your overall portfolio volatility.