Ryde Group Stock Performance
| RYDE Stock | 0.43 0.02 4.88% |
The company holds a Beta of -2.54, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Ryde are expected to decrease by larger amounts. On the other hand, during market turmoil, Ryde is expected to outperform it. At this point, Ryde Group has a negative expected return of -2.35%. Please make sure to check Ryde's treynor ratio and the relationship between the skewness and price action indicator , to decide if Ryde Group 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 Ryde Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of inconsistent performance in the last few months, the Stock's fundamental indicators remain rather sound which may send shares a bit higher in December 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
1 | Ryde Announces Pricing of 4.5 Million Public Offering - StockTitan | 09/26/2024 |
2 | Ryde Opens Doors to International Travelers, Offering Seamless Mobility Solutions in Singapore | 11/01/2024 |
| Begin Period Cash Flow | 3 M |
Ryde |
Ryde Relative Risk vs. Return Landscape
If you would invest 798.00 in Ryde Group on August 27, 2024 and sell it today you would lose (755.00) from holding Ryde Group or give up 94.61% of portfolio value over 90 days. Ryde Group is currently does not generate positive expected returns and assumes 15.453% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Ryde, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Ryde Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ryde's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ryde Group, and traders can use it to determine the average amount a Ryde'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 = -0.1521
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RYDE |
Estimated Market Risk
| 15.45 actual daily | 96 96% of assets are less volatile |
Expected Return
| -2.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ryde 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 Ryde by adding Ryde to a well-diversified portfolio.
Ryde Fundamentals Growth
Ryde Stock prices reflect investors' perceptions of the future prospects and financial health of Ryde, and Ryde 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 Ryde Stock performance.
| Revenue | 6.45 M | ||||
| EBITDA | (12.02 M) | ||||
| Net Income | (12.87 M) | ||||
| Total Debt | 5.2 M | ||||
| Cash Flow From Operations | (1.61 M) | ||||
| Total Asset | 5.2 M | ||||
| Retained Earnings | (25.89 M) | ||||
| Working Capital | (8.12 M) | ||||
About Ryde Performance
By analyzing Ryde's fundamental ratios, stakeholders can gain valuable insights into Ryde's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ryde 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 Ryde has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 11.14 | 11.70 | |
| Return On Tangible Assets | (2.84) | (2.98) | |
| Return On Capital Employed | 1.59 | 1.06 | |
| Return On Assets | (2.47) | (2.59) | |
| Return On Equity | 2.30 | 2.42 |
Things to note about Ryde Group performance evaluation
Checking the ongoing alerts about Ryde for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ryde Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ryde Group generated a negative expected return over the last 90 days | |
| Ryde Group has high historical volatility and very poor performance | |
| Ryde Group has some characteristics of a very speculative penny stock | |
| Ryde Group has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 6.45 M. Net Loss for the year was (12.87 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Ryde generates negative cash flow from operations | |
| Latest headline from finance.yahoo.com: Ryde Opens Doors to International Travelers, Offering Seamless Mobility Solutions in Singapore |
- Analyzing Ryde'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 Ryde's stock is overvalued or undervalued compared to its peers.
- Examining Ryde'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 Ryde's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ryde's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ryde's stock. These opinions can provide insight into Ryde's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ryde Stock analysis
When running Ryde's price analysis, check to measure Ryde'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 Ryde is operating at the current time. Most of Ryde's value examination focuses on studying past and present price action to predict the probability of Ryde's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryde's price. Additionally, you may evaluate how the addition of Ryde to your portfolios can decrease your overall portfolio volatility.
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