Renxin New (China) Performance
| 301395 Stock | 11.38 0.08 0.71% |
The company holds a Beta of 0.0586, which implies not very significant fluctuations relative to the market. As returns on the market increase, Renxin New's returns are expected to increase less than the market. However, during the bear market, the loss of holding Renxin New is expected to be smaller as well. At this point, Renxin New Material has a negative expected return of -0.0518%. Please make sure to check Renxin New's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Renxin New Material 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 Renxin New Material has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Renxin New is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0879 | Payout Ratio 0.0615 | Last Split Factor 1.4:1 | Forward Dividend Rate 1 | Ex Dividend Date 2024-06-21 |
| Dividend Yield | 0.0879 | |
| Payout Ratio | 0.0615 |
Renxin |
Renxin New Relative Risk vs. Return Landscape
If you would invest 1,189 in Renxin New Material on November 3, 2024 and sell it today you would lose (51.00) from holding Renxin New Material or give up 4.29% of portfolio value over 90 days. Renxin New Material is generating negative expected returns and assumes 2.0104% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Renxin, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Renxin New Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Renxin New's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Renxin New Material, and traders can use it to determine the average amount a Renxin New'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 = -0.0258
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 301395 |
Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Renxin New 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 Renxin New by adding Renxin New to a well-diversified portfolio.
Renxin New Fundamentals Growth
Renxin Stock prices reflect investors' perceptions of the future prospects and financial health of Renxin New, and Renxin New 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 Renxin Stock performance.
| Return On Equity | 0.0393 | ||||
| Return On Asset | 0.015 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 1.38 B | ||||
| Shares Outstanding | 202.89 M | ||||
| Price To Book | 1.49 X | ||||
| Price To Sales | 1.12 X | ||||
| Revenue | 2.05 B | ||||
| EBITDA | 70 M | ||||
| Book Value Per Share | 7.63 X | ||||
| Earnings Per Share | 0.26 X | ||||
About Renxin New Performance
By analyzing Renxin New's fundamental ratios, stakeholders can gain valuable insights into Renxin New's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Renxin New 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 Renxin New has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Renxin New is entity of China. It is traded as Stock on SHE exchange.Things to note about Renxin New Material performance evaluation
Checking the ongoing alerts about Renxin New for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Renxin New Material help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Renxin New Material generated a negative expected return over the last 90 days | |
| About 73.0% of the company shares are owned by insiders or employees |
- Analyzing Renxin New'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 Renxin New's stock is overvalued or undervalued compared to its peers.
- Examining Renxin New'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 Renxin New's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Renxin New's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Renxin New's stock. These opinions can provide insight into Renxin New's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Renxin Stock analysis
When running Renxin New's price analysis, check to measure Renxin New'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 Renxin New is operating at the current time. Most of Renxin New's value examination focuses on studying past and present price action to predict the probability of Renxin New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renxin New's price. Additionally, you may evaluate how the addition of Renxin New to your portfolios can decrease your overall portfolio volatility.
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