RENN Financial Statements From 2010 to 2026
| RCG Stock | USD 2.62 0.05 1.95% |
Check RENN Fund financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RENN Fund's main balance sheet or income statement drivers, such as , as well as many indicators such as . RENN financial statements analysis is a perfect complement when working with RENN Fund Valuation or Volatility modules.
Check out the analysis of RENN Fund Correlation against competitors. RENN Fund Company Return On Equity Analysis
RENN Fund's 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.
Current RENN Fund Return On Equity | 0.21 |
Most of RENN Fund's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, RENN Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, RENN Fund has a Return On Equity of 0.2102. This is 85.5% lower than that of the Capital Markets sector and 96.88% lower than that of the Financials industry. The return on equity for all United States stocks is 167.81% lower than that of the firm.
RENN Fund Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining RENN Fund's current stock value. Our valuation model uses many indicators to compare RENN Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across RENN Fund competition to find correlations between indicators driving RENN Fund's intrinsic value. More Info.RENN Fund is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.02 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for RENN Fund is roughly 47.77 . Comparative valuation analysis is a catch-all technique that is used if you cannot value RENN Fund by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About RENN Fund Financial Statements
RENN Fund stakeholders use historical fundamental indicators, such as RENN Fund's revenue or net income, to determine how well the company is positioned to perform in the future. Although RENN Fund investors may analyze each financial statement separately, they are all interrelated. For example, changes in RENN Fund's assets and liabilities are reflected in the revenues and expenses on RENN Fund's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in RENN Fund. Please read more on our technical analysis and fundamental analysis pages.
RENN Fund, Inc. is a closed ended equity mutual fund launched by RENN Capital Group, Inc. RENN Fund, Inc. was formed on January 20, 1994 and is domiciled in the United States. Renaissance Capital operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange.
Currently Active Assets on Macroaxis
When determining whether RENN Fund is a strong investment it is important to analyze RENN Fund's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact RENN Fund's future performance. For an informed investment choice regarding RENN Stock, refer to the following important reports:Check out the analysis of RENN Fund Correlation against competitors. For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Asset Management & Custody Banks 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 RENN Fund. If investors know RENN 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 RENN Fund listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of RENN Fund is measured differently than its book value, which is the value of RENN that is recorded on the company's balance sheet. Investors also form their own opinion of RENN Fund's value that differs from its market value or its book value, called intrinsic value, which is RENN Fund'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 RENN Fund's market value can be influenced by many factors that don't directly affect RENN Fund'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 RENN Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if RENN Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RENN Fund'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.