Ringcentral (Germany) Performance
| 3RCA Stock | EUR 36.07 0.12 0.33% |
On a scale of 0 to 100, Ringcentral holds a performance score of 17. The company holds a Beta of 1.18, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ringcentral will likely underperform. Please check Ringcentral's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Ringcentral's historical price patterns will revert.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Ringcentral are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain fundamental indicators, Ringcentral reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 267.2 M |
Ringcentral |
Ringcentral Relative Risk vs. Return Landscape
If you would invest 2,663 in Ringcentral on September 4, 2024 and sell it today you would earn a total of 944.00 from holding Ringcentral or generate 35.45% return on investment over 90 days. Ringcentral is generating 0.4912% of daily returns assuming 2.1778% volatility of returns over the 90 days investment horizon. Simply put, 19% of all stocks have less volatile historical return distribution than Ringcentral, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ringcentral Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ringcentral's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ringcentral, and traders can use it to determine the average amount a Ringcentral's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2255
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Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Ringcentral is performing at about 17% 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 Ringcentral by adding it to a well-diversified portfolio.
Ringcentral Fundamentals Growth
Ringcentral Stock prices reflect investors' perceptions of the future prospects and financial health of Ringcentral, and Ringcentral fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ringcentral Stock performance.
| Return On Equity | -6.89 | |||
| Return On Asset | -0.0935 | |||
| Profit Margin | (0.44) % | |||
| Operating Margin | (0.17) % | |||
| Current Valuation | 5.3 B | |||
| Shares Outstanding | 85.55 M | |||
| Price To Book | 98.93 X | |||
| Price To Sales | 1.98 X | |||
| Revenue | 1.99 B | |||
| EBITDA | (622.68 M) | |||
| Cash And Equivalents | 549.03 M | |||
| Cash Per Share | 6.70 X | |||
| Total Debt | 1.64 B | |||
| Debt To Equity | 122.90 % | |||
| Book Value Per Share | (5.06) X | |||
| Cash Flow From Operations | 191.31 M | |||
| Earnings Per Share | (8.09) X | |||
| Total Asset | 2.07 B | |||
About Ringcentral Performance
By analyzing Ringcentral's fundamental ratios, stakeholders can gain valuable insights into Ringcentral's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ringcentral has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ringcentral has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Ringcentral performance evaluation
Checking the ongoing alerts about Ringcentral for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ringcentral help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ringcentral has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 1.99 B. Net Loss for the year was (879.17 M) with profit before overhead, payroll, taxes, and interest of 1.35 B. | |
| Over 97.0% of the company shares are owned by institutions such as pension funds |
- Analyzing Ringcentral's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ringcentral's stock is overvalued or undervalued compared to its peers.
- Examining Ringcentral's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ringcentral's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ringcentral's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ringcentral's stock. These opinions can provide insight into Ringcentral's potential for growth and whether the stock is currently undervalued or overvalued.
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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