Richtech Enterprise Value Multiple from 2010 to 2024
| RR Stock | 0.75 0.09 10.71% |
Enterprise Value Multiple | First Reported 2010-12-31 | Previous Quarter 727.43 | Current Value 763.8 | Quarterly Volatility 387.10510914 |
Check Richtech Robotics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Richtech Robotics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.6 K, Interest Expense of 886.3 K or Selling General Administrative of 2.5 M, as well as many indicators such as Price To Sales Ratio of 38.02, Dividend Yield of 0.0 or PTB Ratio of 91.37. Richtech financial statements analysis is a perfect complement when working with Richtech Robotics Valuation or Volatility modules.
Richtech | Enterprise Value Multiple |
Latest Richtech Robotics' Enterprise Value Multiple Growth Pattern
Below is the plot of the Enterprise Value Multiple of Richtech Robotics Class over the last few years. It is Richtech Robotics' Enterprise Value Multiple historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Richtech Robotics' overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Multiple | 10 Years Trend |
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Enterprise Value Multiple |
| Timeline |
Richtech Enterprise Value Multiple Regression Statistics
| Arithmetic Mean | 77.37 | |
| Geometric Mean | 96.38 | |
| Coefficient Of Variation | 500.36 | |
| Mean Deviation | 275.65 | |
| Median | (46.16) | |
| Standard Deviation | 387.11 | |
| Sample Variance | 149,850 | |
| Range | 1.4K | |
| R-Value | 0.51 | |
| Mean Square Error | 120,197 | |
| R-Squared | 0.26 | |
| Significance | 0.05 | |
| Slope | 43.73 | |
| Total Sum of Squares | 2.1M |
Richtech Enterprise Value Multiple History
About Richtech Robotics Financial Statements
Richtech Robotics shareholders use historical fundamental indicators, such as Enterprise Value Multiple, to determine how well the company is positioned to perform in the future. Although Richtech Robotics investors may analyze each financial statement separately, they are all interrelated. The changes in Richtech Robotics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Richtech Robotics' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Multiple | 727.43 | 763.80 |
Pair Trading with Richtech Robotics
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 Richtech Robotics 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 Richtech Robotics will appreciate offsetting losses from the drop in the long position's value.Moving against Richtech Stock
| 0.71 | DCI | Donaldson | PairCorr |
| 0.7 | B | Barnes Group | PairCorr |
| 0.58 | BW | Babcock Wilcox Enter | PairCorr |
| 0.58 | ETN | Eaton PLC | PairCorr |
| 0.56 | IR | Ingersoll Rand | PairCorr |
The ability to find closely correlated positions to Richtech Robotics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Richtech Robotics 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 Richtech Robotics - 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 Richtech Robotics Class to buy it.
The correlation of Richtech Robotics 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 Richtech Robotics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Richtech Robotics Class 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 Richtech Robotics 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.Additional Tools for Richtech Stock Analysis
When running Richtech Robotics' price analysis, check to measure Richtech Robotics' 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 Richtech Robotics is operating at the current time. Most of Richtech Robotics' value examination focuses on studying past and present price action to predict the probability of Richtech Robotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Richtech Robotics' price. Additionally, you may evaluate how the addition of Richtech Robotics to your portfolios can decrease your overall portfolio volatility.