Ringcentral (Germany) Performance
| 3RCA Stock | EUR 26.52 0.27 1.01% |
The company holds a Beta of 0.61, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Ringcentral's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ringcentral is expected to be smaller as well. At this point, Ringcentral has a negative expected return of -0.48%. Please make sure to check Ringcentral's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Ringcentral performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Ringcentral has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's fundamental indicators remain nearly stable which may send shares a bit higher in March 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 267.2 M |
Ringcentral |
Ringcentral Relative Risk vs. Return Landscape
If you would invest 3,593 in Ringcentral on November 28, 2024 and sell it today you would lose (941.00) from holding Ringcentral or give up 26.19% of portfolio value over 90 days. Ringcentral is producing return of less than zero assuming 2.7207% volatility of returns over the 90 days investment horizon. Simply put, 24% of all stocks have less volatile historical return distribution than Ringcentral, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ringcentral Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ringcentral's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ringcentral, and traders can use it to determine the average amount a Ringcentral'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 = -0.1753
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 3RCA |
Estimated Market Risk
| 2.72 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ringcentral 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 Ringcentral by adding Ringcentral to a well-diversified portfolio.
Ringcentral Fundamentals Growth
Ringcentral Stock prices reflect investors' perceptions of the future prospects and financial health of Ringcentral, and Ringcentral 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 Ringcentral Stock performance.
| Return On Equity | -6.89 | |||
| Return On Asset | -0.0935 | |||
| Profit Margin | (0.44) % | |||
| Operating Margin | (0.17) % | |||
| Current Valuation | 5.3 B | |||
| Shares Outstanding | 85.55 M | |||
| Price To Book | 98.93 X | |||
| Price To Sales | 1.98 X | |||
| Revenue | 1.99 B | |||
| EBITDA | (622.68 M) | |||
| Cash And Equivalents | 549.03 M | |||
| Cash Per Share | 6.70 X | |||
| Total Debt | 1.64 B | |||
| Debt To Equity | 122.90 % | |||
| Book Value Per Share | (5.06) X | |||
| Cash Flow From Operations | 191.31 M | |||
| Earnings Per Share | (8.09) X | |||
| Total Asset | 2.07 B | |||
About Ringcentral Performance
By analyzing Ringcentral's fundamental ratios, stakeholders can gain valuable insights into Ringcentral's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ringcentral 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 Ringcentral has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect primarily in North America. The company was incorporated in 1999 and is headquartered in Belmont, California. RINGCENTRAL operates under Software - Application classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1871 people.Things to note about Ringcentral performance evaluation
Checking the ongoing alerts about Ringcentral for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ringcentral help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ringcentral generated a negative expected return over the last 90 days | |
| Ringcentral has high likelihood to experience some financial distress in the next 2 years | |
| Ringcentral has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 1.99 B. Net Loss for the year was (879.17 M) with profit before overhead, payroll, taxes, and interest of 1.35 B. | |
| Over 97.0% of the company shares are owned by institutions such as pension funds |
- Analyzing Ringcentral'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 Ringcentral's stock is overvalued or undervalued compared to its peers.
- Examining Ringcentral'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 Ringcentral's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ringcentral's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ringcentral's stock. These opinions can provide insight into Ringcentral's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ringcentral Stock analysis
When running Ringcentral's price analysis, check to measure Ringcentral'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 Ringcentral is operating at the current time. Most of Ringcentral's value examination focuses on studying past and present price action to predict the probability of Ringcentral's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ringcentral's price. Additionally, you may evaluate how the addition of Ringcentral to your portfolios can decrease your overall portfolio volatility.
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