Roadzen Beta vs. Retained Earnings
| RDZNW Stock | 0.10 0.06 150.00% |
For Roadzen profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Roadzen to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Roadzen utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Roadzen's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Roadzen over time as well as its relative position and ranking within its peers.
Roadzen |
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Roadzen. If investors know Roadzen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Roadzen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.64 | Quarterly Revenue Growth (0.23) | Return On Assets (1.51) |
The market value of Roadzen is measured differently than its book value, which is the value of Roadzen that is recorded on the company's balance sheet. Investors also form their own opinion of Roadzen's value that differs from its market value or its book value, called intrinsic value, which is Roadzen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Roadzen's market value can be influenced by many factors that don't directly affect Roadzen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Roadzen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roadzen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roadzen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Roadzen Retained Earnings vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Roadzen's current stock value. Our valuation model uses many indicators to compare Roadzen value to that of its competitors to determine the firm's financial worth. Roadzen is rated below average in beta category among its peers. It is currently regarded as top stock in retained earnings category among its peers . Roadzen reported Retained Earnings of (151.01 Million) in 2023. Comparative valuation analysis is a catch-all technique that is used if you cannot value Roadzen by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Roadzen Retained Earnings vs. Beta
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.
Roadzen |
| = | 0.65 |
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.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Roadzen |
| = | (151.01 M) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Roadzen Retained Earnings Comparison
Roadzen is currently under evaluation in retained earnings category among its peers.
Beta Analysis
As returns on the market increase, Roadzen's returns are expected to increase less than the market. However, during the bear market, the loss of holding Roadzen is expected to be smaller as well.
Roadzen Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Roadzen, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Roadzen will eventually generate negative long term returns. The profitability progress is the general direction of Roadzen's change in net profit over the period of time. It can combine multiple indicators of Roadzen, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | -2.3 M | -2.2 M | |
| Operating Income | -77.7 M | -73.8 M | |
| Net Loss | -99.9 M | -94.9 M | |
| Income Before Tax | -99.9 M | -94.9 M | |
| Total Other Income Expense Net | -19.9 M | -18.9 M | |
| Net Loss | -99.7 M | -94.7 M |
Roadzen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Roadzen. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Roadzen position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Roadzen's important profitability drivers and their relationship over time.
Use Roadzen in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Roadzen position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Roadzen will appreciate offsetting losses from the drop in the long position's value.Roadzen Pair Trading
Roadzen Pair Trading Analysis
The ability to find closely correlated positions to Roadzen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Roadzen when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Roadzen - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Roadzen to buy it.
The correlation of Roadzen is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Roadzen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Roadzen moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Roadzen can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Roadzen position
In addition to having Roadzen in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Services Theme or any other thematic opportunities.
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Additional Tools for Roadzen Stock Analysis
When running Roadzen's price analysis, check to measure Roadzen'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 Roadzen is operating at the current time. Most of Roadzen's value examination focuses on studying past and present price action to predict the probability of Roadzen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roadzen's price. Additionally, you may evaluate how the addition of Roadzen to your portfolios can decrease your overall portfolio volatility.