Renishaw plc Buy or Sell Recommendation

Macroaxis provides Renishaw plc buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Renishaw plc positions. The advice algorithm takes into account all of Renishaw plc available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Renishaw plc buy-and-hold prospective. Additionally take a look at Renishaw plc Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
Renishaw plc -- USA Stock  

USD 63.2  0.2  0.32%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Renishaw plc is 'Strong Sell'.
For the selected time horizon Renishaw plc has a mean deviation of 0.5858, semi deviation of 0.0, standard deviation of 1.35, variance of 1.83, downside variance of 0.0 and semi variance of 0.0
Macroaxis provides unbiased recommendation on Renishaw plc that should be used to complement current analysts and expert consensus on Renishaw plc. Our buy or sell recommendations engine determines the corporation potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Renishaw plc is not overpriced, please check all Renishaw plc fundamentals including its EBITDA, Earnings Per Share, Current Liabilities, as well as the relationship between Debt to Equity and Total Asset . Given that Renishaw plc has Price to Book of 8.05 times, we recommend you check out Renishaw plc market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Returns Distribution Density

Mean Return0.01Value At Risk-0.7568
Potential Upside2.1625Standard Deviation1.3532
 Return Density 
      Distribution 

Renishaw plc Greeks

α
Alpha over DOW
= 0.21 
βBeta against DOW=(1.48) 
σ
Overall volatility
= 1.42 
 IrInformation ratio =(0.1) 

Renishaw plc Volatility Alert

Renishaw plc exhibits very low volatility with skewness of -2.26 and kurtosis of 10.27. However, we advise investors to further study Renishaw plc technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Renishaw plc to competition
FundamentalsRenishaw plcPeer Average
Return On Equity24.91 % (15.17) %
Return On Asset11.95 % (15.64) %
Profit Margin16.57 % (5.5) %
Operating Margin22.13 % (10.91) %
Current Valuation4.36 B152.14 B
Shares Outstanding72.79 M1.43 B
Price to Earning40.2 times40.69 times
Price to Book8.05 times14.44 times
Price to Sales6.41 times17.81 times
Revenue708.35 M9.85 B
Gross Profit285 M21.75 B
EBITDA186.3 M1.41 B
Net Income135.77 M517.71 M
Cash and Equivalents68.54 M3.89 B
Cash per Share0.94 times5.17 times
Debt to Equity3.3 % 0.72 %
Current Ratio3.51 times3.3 times
Book Value Per Share7.86 times13.64 times
Cash Flow from Operations152.09 M1.25 B
Earnings Per Share1.57 times2.3 times
Number of Employees4.29 K10.67 K
Beta1.040.34
Market Capitalization4.54 B29.78 B
Total Asset598.48 M126.86 B
Retained Earnings420 M38.24 B
Working Capital199.96 M3.58 B
Current Asset276.58 M36.8 B
Current Liabilities76.62 M33.34 B
Z Score1.0708.73
Last Dividend Paid0.69
SellBuy
Strong Sell

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.0109
Market Risk Adjusted Performance0.0068
Mean Deviation0.5858
Coefficient Of Variation9226.73
Standard Deviation1.35
Variance1.83
Information Ratio(0.1)
Jensen Alpha0.2115
Total Risk Alpha(0.73)
Treynor Ratio(0.003161)
Maximum Drawdown7.24
Value At Risk(0.76)
Potential Upside2.16
Skewness(2.26)
Kurtosis10.27