Right On EBITDA vs. Profit Margin
| RTON Stock | USD 0.03 0.01 19.77% |
For Right On profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Right On to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Right On Brands utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Right On's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Right On Brands over time as well as its relative position and ranking within its peers.
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Right On Brands Profit Margin vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Right On's current stock value. Our valuation model uses many indicators to compare Right On value to that of its competitors to determine the firm's financial worth. Right On Brands is rated second in ebitda category among its peers. It also is rated second in profit margin category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Right On by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Right On's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Right Profit Margin vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
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| = | (225.78 K) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Right On |
| = | (0.05) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Right Profit Margin Comparison
Right On is currently under evaluation in profit margin category among its peers.
Right On Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Right On, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Right On will eventually generate negative long term returns. The profitability progress is the general direction of Right On's change in net profit over the period of time. It can combine multiple indicators of Right On, 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.
Right On Brands, Inc., through its subsidiaries, markets and sells a range of hemp enhanced snack foods. Right On Brands, Inc. was incorporated in 2011 and is headquartered in Rowlett, Texas. Right On operates under Packaged Foods classification in the United States and is traded on OTC Exchange.
Right Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Right On. 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 Right On 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 Right On's important profitability drivers and their relationship over time.
Use Right On 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 Right On 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 Right On will appreciate offsetting losses from the drop in the long position's value.Right On Pair Trading
Right On Brands Pair Trading Analysis
The ability to find closely correlated positions to Right On could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Right On 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 Right On - 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 Right On Brands to buy it.
The correlation of Right On 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 Right On moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Right On Brands 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 Right On 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 Right On position
In addition to having Right On 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 Processed Foods Thematic Idea Now
Processed Foods
Companies producing and distributing processed foods to retail sectors. The Processed Foods theme has 44 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 Processed Foods Theme or any other thematic opportunities.
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Other Information on Investing in Right Pink Sheet
To fully project Right On's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Right On Brands 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 Right On's income statement, its balance sheet, and the statement of cash flows.