Redtape (India) Performance
| REDTAPE Stock | 760.25 15.25 1.97% |
The company holds a Beta of 0.32, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Redtape's returns are expected to increase less than the market. However, during the bear market, the loss of holding Redtape is expected to be smaller as well. At this point, Redtape Limited has a negative expected return of -0.3%. Please make sure to check Redtape's total risk alpha, kurtosis, market facilitation index, as well as the relationship between the value at risk and rate of daily change , to decide if Redtape Limited 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 Redtape Limited has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in February 2025. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
Forward Dividend Yield 0.0023 |
1 | Positive Signs As Multiple Insiders Buy REDTAPE Stock - Simply Wall St | 12/04/2024 |
2 | 31 Bonus Share 100 Per Cent Dividend Alert Footwear Manufacturer to Issue Free Shares Declare Dividend - Dalal Street Investment Journal | 12/26/2024 |
| Begin Period Cash Flow | 261.8 M | |
| Free Cash Flow | -351.4 M |
Redtape |
Redtape Relative Risk vs. Return Landscape
If you would invest 91,671 in Redtape Limited on October 23, 2024 and sell it today you would lose (16,561) from holding Redtape Limited or give up 18.07% of portfolio value over 90 days. Redtape Limited is generating negative expected returns and assumes 2.4171% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Redtape, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Redtape Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Redtape's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Redtape Limited, and traders can use it to determine the average amount a Redtape'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 = -0.1231
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | REDTAPE |
Estimated Market Risk
| 2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Redtape 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 Redtape by adding Redtape to a well-diversified portfolio.
Redtape Fundamentals Growth
Redtape Stock prices reflect investors' perceptions of the future prospects and financial health of Redtape, and Redtape 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 Redtape Stock performance.
| Return On Equity | 0.31 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 113.38 B | ||||
| Shares Outstanding | 138.2 M | ||||
| Price To Book | 15.24 X | ||||
| Price To Sales | 5.56 X | ||||
| Revenue | 18.43 B | ||||
| Gross Profit | 8.99 B | ||||
| EBITDA | 3.28 B | ||||
| Net Income | 2.36 B | ||||
| Total Debt | 4.8 B | ||||
| Book Value Per Share | 46.92 X | ||||
| Cash Flow From Operations | 843.7 M | ||||
| Earnings Per Share | 11.40 X | ||||
| Total Asset | 15.88 B | ||||
| Retained Earnings | 3.47 B | ||||
About Redtape Performance
By analyzing Redtape's fundamental ratios, stakeholders can gain valuable insights into Redtape's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Redtape 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 Redtape has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Redtape is entity of India. It is traded as Stock on NSE exchange.Things to note about Redtape Limited performance evaluation
Checking the ongoing alerts about Redtape for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Redtape Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Redtape Limited generated a negative expected return over the last 90 days | |
| About 72.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: 31 Bonus Share 100 Per Cent Dividend Alert Footwear Manufacturer to Issue Free Shares Declare Dividend - Dalal Street Investment Journal |
- Analyzing Redtape'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 Redtape's stock is overvalued or undervalued compared to its peers.
- Examining Redtape'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 Redtape's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Redtape's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Redtape's stock. These opinions can provide insight into Redtape's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Redtape Stock analysis
When running Redtape's price analysis, check to measure Redtape'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 Redtape is operating at the current time. Most of Redtape's value examination focuses on studying past and present price action to predict the probability of Redtape's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redtape's price. Additionally, you may evaluate how the addition of Redtape to your portfolios can decrease your overall portfolio volatility.
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