ReTo Non Current Liabilities Total from 2010 to 2024

RETO Stock  USD 1.16  0.02  1.69%   
ReTo Eco Non Current Liabilities Total yearly trend continues to be very stable with very little volatility. Non Current Liabilities Total is likely to grow to about 4.6 M this year. During the period from 2010 to 2024, ReTo Eco Non Current Liabilities Total quarterly data regression pattern had sample variance of 19.3 T and median of  7,624,612. View All Fundamentals
 
Non Current Liabilities Total  
First Reported
2015-12-31
Previous Quarter
3.1 M
Current Value
3.1 M
Quarterly Volatility
3.2 M
 
Yuan Drop
 
Covid
Check ReTo Eco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ReTo Eco's main balance sheet or income statement drivers, such as Interest Income of 23.9 K, Depreciation And Amortization of 1.1 M or Interest Expense of 656.4 K, as well as many indicators such as Price To Sales Ratio of 0.89, Dividend Yield of 0.0 or PTB Ratio of 0.66. ReTo financial statements analysis is a perfect complement when working with ReTo Eco Valuation or Volatility modules.
  
Check out the analysis of ReTo Eco Correlation against competitors.

Latest ReTo Eco's Non Current Liabilities Total Growth Pattern

Below is the plot of the Non Current Liabilities Total of ReTo Eco Solutions over the last few years. It is ReTo Eco's Non Current Liabilities Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ReTo Eco's overall financial position and show how it may be relating to other accounts over time.
Non Current Liabilities Total10 Years Trend
Slightly volatile
   Non Current Liabilities Total   
       Timeline  

ReTo Non Current Liabilities Total Regression Statistics

Arithmetic Mean7,498,814
Geometric Mean5,161,971
Coefficient Of Variation58.56
Mean Deviation3,616,494
Median7,624,612
Standard Deviation4,391,511
Sample Variance19.3T
Range12.4M
R-Value(0.85)
Mean Square Error5.7T
R-Squared0.72
Significance0.000058
Slope(835,575)
Total Sum of Squares270T

ReTo Non Current Liabilities Total History

20244.6 M
20233.1 M
20221.3 M
2021120.6 K
2020M
20197.6 M
20188.1 M

About ReTo Eco Financial Statements

ReTo Eco investors utilize fundamental indicators, such as Non Current Liabilities Total, to predict how ReTo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Non Current Liabilities Total3.1 M4.6 M

Pair Trading with ReTo Eco

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 ReTo Eco 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 ReTo Eco will appreciate offsetting losses from the drop in the long position's value.

Moving against ReTo Stock

  0.32CX Cemex SAB dePairCorr
The ability to find closely correlated positions to ReTo Eco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ReTo Eco 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 ReTo Eco - 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 ReTo Eco Solutions to buy it.
The correlation of ReTo Eco 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 ReTo Eco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ReTo Eco Solutions 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 ReTo Eco 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.
Pair CorrelationCorrelation Matching
When determining whether ReTo Eco Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ReTo Eco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Reto Eco Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Reto Eco Solutions Stock:
Check out the analysis of ReTo Eco Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ReTo Eco. If investors know ReTo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ReTo Eco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(190.28)
Revenue Per Share
4.022
Quarterly Revenue Growth
(0.44)
Return On Assets
(0.28)
Return On Equity
(3.24)
The market value of ReTo Eco Solutions is measured differently than its book value, which is the value of ReTo that is recorded on the company's balance sheet. Investors also form their own opinion of ReTo Eco's value that differs from its market value or its book value, called intrinsic value, which is ReTo Eco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ReTo Eco's market value can be influenced by many factors that don't directly affect ReTo Eco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ReTo Eco's value and its price as these two are different measures arrived at by different means. Investors typically determine if ReTo Eco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ReTo Eco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.