Rajnandini Metal (India) Performance
| RAJMET Stock | 9.31 0.09 0.98% |
The company holds a Beta of -0.0294, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rajnandini Metal are expected to decrease at a much lower rate. During the bear market, Rajnandini Metal is likely to outperform the market. At this point, Rajnandini Metal has a negative expected return of -0.44%. Please make sure to check Rajnandini Metal's maximum drawdown, as well as the relationship between the accumulation distribution and day typical price , to decide if Rajnandini Metal performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Rajnandini Metal Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Stock's primary indicators remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Last Split Factor 10:1 | Ex Dividend Date 2022-08-11 | Last Split Date 2022-11-30 |
1 | Rajnandini Metal Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com | 11/14/2024 |
| Begin Period Cash Flow | 3.3 M |
Rajnandini |
Rajnandini Metal Relative Risk vs. Return Landscape
If you would invest 1,232 in Rajnandini Metal Limited on August 29, 2024 and sell it today you would lose (301.00) from holding Rajnandini Metal Limited or give up 24.43% of portfolio value over 90 days. Rajnandini Metal Limited is generating negative expected returns and assumes 1.7669% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Rajnandini, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Rajnandini Metal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rajnandini Metal's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Rajnandini Metal Limited, and traders can use it to determine the average amount a Rajnandini Metal'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 = -0.2464
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RAJMET |
Estimated Market Risk
| 1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.25 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rajnandini Metal is not performing at its full potential. However, 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 Rajnandini Metal by adding Rajnandini Metal to a well-diversified portfolio.
Rajnandini Metal Fundamentals Growth
Rajnandini Stock prices reflect investors' perceptions of the future prospects and financial health of Rajnandini Metal, and Rajnandini Metal 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 Rajnandini Stock performance.
| Return On Equity | 0.31 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 3.55 B | ||||
| Shares Outstanding | 276.48 M | ||||
| Price To Book | 4.50 X | ||||
| Price To Sales | 0.20 X | ||||
| Revenue | 12.12 B | ||||
| Gross Profit | 491 M | ||||
| EBITDA | 299.7 M | ||||
| Net Income | 152.4 M | ||||
| Total Debt | 1 B | ||||
| Book Value Per Share | 1.96 X | ||||
| Cash Flow From Operations | (197.5 M) | ||||
| Earnings Per Share | 0.55 X | ||||
| Total Asset | 1.64 B | ||||
| Retained Earnings | 290.6 M | ||||
About Rajnandini Metal Performance
By analyzing Rajnandini Metal's fundamental ratios, stakeholders can gain valuable insights into Rajnandini Metal's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Rajnandini Metal 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 Rajnandini Metal has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Rajnandini Metal is entity of India. It is traded as Stock on NSE exchange.Things to note about Rajnandini Metal performance evaluation
Checking the ongoing alerts about Rajnandini Metal for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Rajnandini Metal help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Rajnandini Metal generated a negative expected return over the last 90 days | |
| Rajnandini Metal is unlikely to experience financial distress in the next 2 years | |
| Rajnandini Metal generates negative cash flow from operations | |
| Latest headline from news.google.com: Rajnandini Metal Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com |
- Analyzing Rajnandini Metal'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 Rajnandini Metal's stock is overvalued or undervalued compared to its peers.
- Examining Rajnandini Metal'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 Rajnandini Metal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rajnandini Metal's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Rajnandini Metal's stock. These opinions can provide insight into Rajnandini Metal's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Rajnandini Stock analysis
When running Rajnandini Metal's price analysis, check to measure Rajnandini Metal'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 Rajnandini Metal is operating at the current time. Most of Rajnandini Metal's value examination focuses on studying past and present price action to predict the probability of Rajnandini Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rajnandini Metal's price. Additionally, you may evaluate how the addition of Rajnandini Metal to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |