Ringcentral Financials
| 3RCA Stock | EUR 35.95 0.02 0.06% |
Ringcentral |
Understanding current and past Ringcentral Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ringcentral's financial statements are interrelated, with each one affecting the others. For example, an increase in Ringcentral's assets may result in an increase in income on the income statement.
Ringcentral Stock Summary
Ringcentral competes with MHP Hotel, United Natural, Pebblebrook Hotel, Austevoll Seafood, and Dairy Farm. RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect primarily in North America. The company was incorporated in 1999 and is headquartered in Belmont, California. RINGCENTRAL operates under Software - Application classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1871 people.| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US76680R2067 |
| Business Address | 20 Davis Drive, |
| Sector | Technology |
| Industry | Software - Application |
| Benchmark | Dow Jones Industrial |
| Website | www.ringcentral.com |
| Phone | 650 472 4100 |
| Currency | EUR - Euro |
You should never invest in Ringcentral without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ringcentral Stock, because this is throwing your money away. Analyzing the key information contained in Ringcentral's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ringcentral Key Financial Ratios
There are many critical financial ratios that Ringcentral's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ringcentral reports annually and quarterly.| Return On Equity | -6.89 | |||
| Return On Asset | -0.0935 | |||
| Target Price | 408.65 | |||
| Beta | 0.87 | |||
| Z Score | 0.6 |
Ringcentral Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ringcentral's current stock value. Our valuation model uses many indicators to compare Ringcentral value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ringcentral competition to find correlations between indicators driving Ringcentral's intrinsic value. More Info.Ringcentral is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . 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 Ringcentral's earnings, one of the primary drivers of an investment's value.Ringcentral Systematic Risk
Ringcentral's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ringcentral volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Ringcentral correlated with the market. If Beta is less than 0 Ringcentral generally moves in the opposite direction as compared to the market. If Ringcentral Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ringcentral is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ringcentral is generally in the same direction as the market. If Beta > 1 Ringcentral moves generally in the same direction as, but more than the movement of the benchmark.
Ringcentral December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ringcentral help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ringcentral. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ringcentral based on widely used predictive technical indicators. In general, we focus on analyzing Ringcentral Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ringcentral's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.18 | |||
| Information Ratio | 0.0749 | |||
| Maximum Drawdown | 14.1 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 4.05 |
Complementary Tools for Ringcentral Stock analysis
When running Ringcentral's price analysis, check to measure Ringcentral's 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 Ringcentral is operating at the current time. Most of Ringcentral's value examination focuses on studying past and present price action to predict the probability of Ringcentral's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ringcentral's price. Additionally, you may evaluate how the addition of Ringcentral to your portfolios can decrease your overall portfolio volatility.
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