Render Cube (Poland) Performance
| RND Stock | 106.50 2.50 2.40% |
The company holds a Beta of -0.52, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Render Cube are expected to decrease at a much lower rate. During the bear market, Render Cube is likely to outperform the market. At this point, Render Cube SA has a negative expected return of -0.17%. Please make sure to check Render Cube's skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Render Cube SA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Render Cube SA has generated negative risk-adjusted returns adding no value to investors with long positions. Even with latest weak performance, the Stock's basic indicators remain invariable and the latest agitation on Wall Street may also be a sign of long-running gains for the enterprise retail investors. ...more
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Render Cube Relative Risk vs. Return Landscape
If you would invest 12,350 in Render Cube SA on August 27, 2024 and sell it today you would lose (1,700) from holding Render Cube SA or give up 13.77% of portfolio value over 90 days. Render Cube SA is generating negative expected returns and assumes 3.9155% volatility on return distribution over the 90 days horizon. Simply put, 34% of stocks are less volatile than Render, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Render Cube Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Render Cube's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Render Cube SA, and traders can use it to determine the average amount a Render Cube'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 = -0.0434
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| Negative Returns | RND |
Estimated Market Risk
| 3.92 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Render Cube 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 Render Cube by adding Render Cube to a well-diversified portfolio.
Things to note about Render Cube SA performance evaluation
Checking the ongoing alerts about Render Cube for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Render Cube SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Render Cube SA generated a negative expected return over the last 90 days | |
| Render Cube SA has high historical volatility and very poor performance |
- Analyzing Render Cube'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 Render Cube's stock is overvalued or undervalued compared to its peers.
- Examining Render Cube'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 Render Cube's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Render Cube's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Render Cube's stock. These opinions can provide insight into Render Cube's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Render Stock Analysis
When running Render Cube's price analysis, check to measure Render Cube'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 Render Cube is operating at the current time. Most of Render Cube's value examination focuses on studying past and present price action to predict the probability of Render Cube's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Render Cube's price. Additionally, you may evaluate how the addition of Render Cube to your portfolios can decrease your overall portfolio volatility.