RADIANCE HLDGS EBITDA vs. Return On Equity
| RDH Stock | EUR 0.37 0.02 5.71% |
For RADIANCE HLDGS profitability analysis, we use financial ratios and fundamental drivers that measure the ability of RADIANCE HLDGS to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well RADIANCE HLDGS GRPHD 01 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between RADIANCE HLDGS's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of RADIANCE HLDGS GRPHD 01 over time as well as its relative position and ranking within its peers.
RADIANCE |
RADIANCE HLDGS GRPHD Return On Equity vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining RADIANCE HLDGS's current stock value. Our valuation model uses many indicators to compare RADIANCE HLDGS value to that of its competitors to determine the firm's financial worth. RADIANCE HLDGS GRPHD 01 is currently regarded as top stock in ebitda category among its peers. It also is currently regarded as top stock in return on equity category among its peers . The ratio of EBITDA to Return On Equity for RADIANCE HLDGS GRPHD 01 is about 56,586,824,121 . 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 RADIANCE HLDGS's earnings, one of the primary drivers of an investment's value.RADIANCE Return On Equity 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.
RADIANCE HLDGS |
| = | 4.86 B |
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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
RADIANCE HLDGS |
| = | 0.0859 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
RADIANCE Return On Equity Comparison
RADIANCE HLDGS is currently under evaluation in return on equity category among its peers.
RADIANCE HLDGS Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in RADIANCE HLDGS, profitability is also one of the essential criteria for including it into their portfolios because, without profit, RADIANCE HLDGS will eventually generate negative long term returns. The profitability progress is the general direction of RADIANCE HLDGS's change in net profit over the period of time. It can combine multiple indicators of RADIANCE HLDGS, 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.
Radiance Holdings Company Limited operates as a real estate development company in China. Radiance Holdings Company Limited was founded in 1996 and is headquartered in Beijing, China. RADIANCE HLDGS operates under Real EstateDevelopment classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3724 people.
RADIANCE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on RADIANCE HLDGS. 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 RADIANCE HLDGS 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 RADIANCE HLDGS's important profitability drivers and their relationship over time.
Use RADIANCE HLDGS 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 RADIANCE HLDGS 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 RADIANCE HLDGS will appreciate offsetting losses from the drop in the long position's value.RADIANCE HLDGS Pair Trading
RADIANCE HLDGS GRPHD 01 Pair Trading Analysis
The ability to find closely correlated positions to RADIANCE HLDGS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RADIANCE HLDGS 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 RADIANCE HLDGS - 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 RADIANCE HLDGS GRPHD 01 to buy it.
The correlation of RADIANCE HLDGS 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 RADIANCE HLDGS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RADIANCE HLDGS GRPHD 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 RADIANCE HLDGS 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 RADIANCE HLDGS position
In addition to having RADIANCE HLDGS 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?
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Other Information on Investing in RADIANCE Stock
To fully project RADIANCE HLDGS's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of RADIANCE HLDGS GRPHD 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 RADIANCE HLDGS's income statement, its balance sheet, and the statement of cash flows.