Ritchie Bros. HCI to Auction Massive 2,700-Piece Heavy Equipment Fleet from Historic PA Company - StockTitan
| RBA Stock | CAD 130.94 0.33 0.25% |
About 53% of Ritchie Bros' investor base is interested to short. The analysis of overall sentiment of trading Ritchie Bros Auctioneers stock suggests that many investors are impartial at this time. Ritchie Bros' investing sentiment overview a quick insight into current market opportunities from investing in Ritchie Bros Auctioneers. Many technical investors use Ritchie Bros Auctioneers stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Ritchie |
Ritchie Bros. HCI to Auction Massive 2,700-Piece Heavy Equipment Fleet from Historic PA Company StockTitan
Read at news.google.com
 |
Ritchie Bros Fundamental Analysis
We analyze Ritchie Bros' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ritchie Bros using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ritchie Bros based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
Ritchie Bros is currently under evaluation in price to earnings to growth category among its peers. 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.
Ritchie Bros Auctioneers Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ritchie Bros stock to make a market-neutral strategy. Peer analysis of Ritchie Bros could also be used in its relative valuation, which is a method of valuing Ritchie Bros by comparing valuation metrics with similar companies.
Peers
Ritchie Bros Related Equities
| FTT | Finning International | 0.40 | ||||
| FSV | FirstService Corp | 0.16 | ||||
| CCL-B | CCL Industries | 0.50 | ||||
| TIH | Toromont Industries | 0.72 | ||||
| STN | Stantec | 0.73 |
Other Information on Investing in Ritchie Stock
Ritchie Bros financial ratios help investors to determine whether Ritchie Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ritchie with respect to the benefits of owning Ritchie Bros security.