Rectitude Holdings Ltd Stock Beta
| RECT Stock | 3.75 0.05 1.35% |
Rectitude Holdings Ltd fundamentals help investors to digest information that contributes to Rectitude Holdings' financial success or failures. It also enables traders to predict the movement of Rectitude Stock. The fundamental analysis module provides a way to measure Rectitude Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Rectitude Holdings stock.
Rectitude |
Rectitude Holdings Ltd Company Beta Analysis
Rectitude Holdings' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Rectitude Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Rectitude Holdings is extremely important. It helps to project a fair market value of Rectitude Stock properly, considering its historical fundamentals such as Beta. Since Rectitude Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Rectitude Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Rectitude Holdings' interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Rectitude Holdings Ltd has a Beta of 0.0. This is 100.0% lower than that of the Commercial Services & Supplies sector and 100.0% lower than that of the Industrials industry. The beta for all United States stocks is 100.0% lower than that of the firm.
Rectitude Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rectitude Holdings' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rectitude Holdings could also be used in its relative valuation, which is a method of valuing Rectitude Holdings by comparing valuation metrics of similar companies.Rectitude Holdings is currently under evaluation in beta category among its peers.
Rectitude Fundamentals
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.0827 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 51.29 M | ||||
| Shares Outstanding | 14.5 M | ||||
| Shares Owned By Insiders | 83.44 % | ||||
| Shares Owned By Institutions | 0.29 % | ||||
| Number Of Shares Shorted | 9.18 K | ||||
| Price To Book | 4.21 X | ||||
| Price To Sales | 1.14 X | ||||
| Revenue | 41.35 M | ||||
| EBITDA | 5.88 M | ||||
| Net Income | 3.36 M | ||||
| Total Debt | 8.94 M | ||||
| Book Value Per Share | 1.17 X | ||||
| Cash Flow From Operations | 4.2 M | ||||
| Short Ratio | 0.53 X | ||||
| Earnings Per Share | 0.18 X | ||||
| Number Of Employees | 107 | ||||
| Market Capitalization | 47.1 M | ||||
| Total Asset | 34.21 M | ||||
| Retained Earnings | 11.21 M | ||||
| Working Capital | 10.96 M | ||||
| Net Asset | 34.21 M |
About Rectitude Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rectitude Holdings Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rectitude Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rectitude Holdings Ltd based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Rectitude Stock Analysis
When running Rectitude Holdings' price analysis, check to measure Rectitude Holdings' 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 Rectitude Holdings is operating at the current time. Most of Rectitude Holdings' value examination focuses on studying past and present price action to predict the probability of Rectitude Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rectitude Holdings' price. Additionally, you may evaluate how the addition of Rectitude Holdings to your portfolios can decrease your overall portfolio volatility.