Renoworks Software Stock Performance
| RW Stock | CAD 0.31 0.01 3.13% |
On a scale of 0 to 100, Renoworks Software holds a performance score of 15. The company holds a Beta of 0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, Renoworks Software's returns are expected to increase less than the market. However, during the bear market, the loss of holding Renoworks Software is expected to be smaller as well. Please check Renoworks Software's value at risk, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Renoworks Software's historical price patterns will revert.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Renoworks Software are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Renoworks Software showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Renoworks Software Achieves Record Revenue in Q3 - TipRanks | 11/05/2024 |
| Begin Period Cash Flow | 704.1 K |
Renoworks |
Renoworks Software Relative Risk vs. Return Landscape
If you would invest 20.00 in Renoworks Software on August 24, 2024 and sell it today you would earn a total of 11.00 from holding Renoworks Software or generate 55.0% return on investment over 90 days. Renoworks Software is currently generating 0.7754% in daily expected returns and assumes 3.9862% risk (volatility on return distribution) over the 90 days horizon. In different words, 35% of stocks are less volatile than Renoworks, and 85% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Renoworks Software Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Renoworks Software's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Renoworks Software, and traders can use it to determine the average amount a Renoworks Software'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 = 0.1945
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | RW | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.99 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Renoworks Software is performing at about 15% 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 Renoworks Software by adding it to a well-diversified portfolio.
Renoworks Software Fundamentals Growth
Renoworks Stock prices reflect investors' perceptions of the future prospects and financial health of Renoworks Software, and Renoworks Software 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 Renoworks Stock performance.
| Return On Equity | -26.53 | ||||
| Return On Asset | -0.0831 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 11.82 M | ||||
| Shares Outstanding | 40.66 M | ||||
| Price To Earning | (30.00) X | ||||
| Price To Book | 7.76 X | ||||
| Price To Sales | 1.85 X | ||||
| Revenue | 6.29 M | ||||
| Gross Profit | 3.79 M | ||||
| EBITDA | (701.11 K) | ||||
| Net Income | (497.77 K) | ||||
| Cash And Equivalents | 203.43 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 1.87 M | ||||
| Debt To Equity | 22.90 % | ||||
| Current Ratio | 0.90 X | ||||
| Book Value Per Share | (0) X | ||||
| Cash Flow From Operations | (52.83 K) | ||||
| Market Capitalization | 12.4 M | ||||
| Total Asset | 1.67 M | ||||
| Retained Earnings | (10.23 M) | ||||
| Working Capital | (228.36 K) | ||||
About Renoworks Software Performance
Evaluating Renoworks Software's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Renoworks Software 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 Renoworks Software has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.30) | (0.31) | |
| Return On Capital Employed | 8.10 | 8.50 | |
| Return On Assets | (0.30) | (0.31) | |
| Return On Equity | 2.55 | 2.06 |
Things to note about Renoworks Software performance evaluation
Checking the ongoing alerts about Renoworks Software for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Renoworks Software help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Renoworks Software has some characteristics of a very speculative penny stock | |
| Renoworks Software appears to be risky and price may revert if volatility continues | |
| Renoworks Software currently holds 1.87 M in liabilities with Debt to Equity (D/E) ratio of 22.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Renoworks Software has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Renoworks Software until it has trouble settling it off, either with new capital or with free cash flow. So, Renoworks Software's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Renoworks Software sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Renoworks to invest in growth at high rates of return. When we think about Renoworks Software's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 6.29 M. Net Loss for the year was (497.77 K) with profit before overhead, payroll, taxes, and interest of 3.79 M. | |
| Renoworks Software currently holds about 203.43 K in cash with (52.83 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 44.0% of Renoworks Software outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Renoworks Software Achieves Record Revenue in Q3 - TipRanks |
- Analyzing Renoworks Software'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 Renoworks Software's stock is overvalued or undervalued compared to its peers.
- Examining Renoworks Software'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 Renoworks Software's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Renoworks Software's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Renoworks Software's stock. These opinions can provide insight into Renoworks Software's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Renoworks Stock Analysis
When running Renoworks Software's price analysis, check to measure Renoworks Software'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 Renoworks Software is operating at the current time. Most of Renoworks Software's value examination focuses on studying past and present price action to predict the probability of Renoworks Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renoworks Software's price. Additionally, you may evaluate how the addition of Renoworks Software to your portfolios can decrease your overall portfolio volatility.