Yirendai Stock Price on November 18, 2023
| YRD Stock | USD 5.24 0.69 15.16% |
Below is the normalized historical share price chart for Yirendai extending back to December 18, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Yirendai stands at 5.24, as last reported on the 29th of November, with the highest price reaching 5.30 and the lowest price hitting 4.64 during the day.
If you're considering investing in Yirendai Stock, it is important to understand the factors that can impact its price. Yirendai appears to be very risky, given 3 months investment horizon. Yirendai shows Sharpe Ratio of 0.086, which attests that the company had a 0.086% return per unit of risk over the last 3 months. By examining Yirendai's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Yirendai's Downside Deviation of 5.71, mean deviation of 3.93, and Market Risk Adjusted Performance of (4.16) to validate if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 8.5 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 85.5 M. . At present, Yirendai's Price To Operating Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 0.96, whereas Price Book Value Ratio is forecasted to decline to 0.23. Yirendai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of December 2015 | 200 Day MA 5.0756 | 50 Day MA 5.7652 | Beta 0.724 |
Yirendai |
Sharpe Ratio = 0.086
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.42 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Yirendai is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Yirendai by adding it to a well-diversified portfolio.
Price Book 0.3558 | Enterprise Value Ebitda (0.15) | Price Sales 0.0834 | Shares Float 29.9 M | Wall Street Target Price 2.03 |
Yirendai Valuation on November 18, 2023
It is possible to determine the worth of Yirendai on a given historical date. On November 18, 2023 Yirendai was worth 2.22 at the beginning of the trading date compared to the closed value of 2.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yirendai stock. Still, in general, we apply an absolute valuation method to find Yirendai's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Yirendai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yirendai's related companies.
| Open | High | Low | Close | Volume | |
| 2.21 | 2.21 | 2.17 | 2.20 | 37,787 | |
11/17/2023 | 2.22 | 2.53 | 2.21 | 2.50 | 130,704 |
| 2.43 | 2.78 | 2.43 | 2.66 | 201,548 |
| Backtest Yirendai | | | Yirendai History | | | Yirendai Valuation | Previous | Next |
Yirendai Trading Date Momentum on November 18, 2023
| On November 20 2023 Yirendai was traded for 2.66 at the closing time. Highest Yirendai's price during the trading hours was 2.78 and the lowest price during the day was 2.43 . The net volume was 201.5 K. The overall trading history on the 20th of November contributed to the next trading period price growth. The trading price change to the next next day price was 6.40% . The trading price change to current price is 21.20% . |
Yirendai Fundamentals Correlations and Trends
By evaluating Yirendai's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Yirendai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yirendai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yirendai Stock history
Yirendai investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Yirendai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yirendai will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Yirendai stock prices may prove useful in developing a viable investing in Yirendai
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 89.3 M | 85.5 M | |
| Net Income Applicable To Common Shares | 1.4 B | 1.4 B |
Yirendai Quarterly Net Working Capital |
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Yirendai Stock Technical Analysis
Yirendai technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Yirendai Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Yirendai cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Yirendai November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Yirendai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yirendai shares will generate the highest return on investment. By undertsting and applying Yirendai stock market strength indicators, traders can identify Yirendai entry and exit signals to maximize returns
Yirendai Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yirendai's price direction in advance. Along with the technical and fundamental analysis of Yirendai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yirendai to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0534 | |||
| Jensen Alpha | 0.3686 | |||
| Total Risk Alpha | (0.59) | |||
| Sortino Ratio | 0.0426 | |||
| Treynor Ratio | (4.17) |
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Complementary Tools for Yirendai Stock analysis
When running Yirendai's price analysis, check to measure Yirendai'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 Yirendai is operating at the current time. Most of Yirendai's value examination focuses on studying past and present price action to predict the probability of Yirendai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yirendai's price. Additionally, you may evaluate how the addition of Yirendai to your portfolios can decrease your overall portfolio volatility.
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