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

Time Horizon

Risk Tolerance

Execute Advice
Renishaw plc -- USA Stock  

USD 64.85  0.000002  0.00%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Renishaw plc is 'Hold'.
For the selected time horizon Renishaw plc has a risk adjusted performance of 0.11, jensen alpha of 0.17, total risk alpha of 0.076894, sortino ratio of 0.0 and treynor ratio of 0.99
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 6.91 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 Return0.17Value At Risk0.00
Potential Upside0.000002Standard Deviation1.72
 Return Density 

Institutional Investors

Security TypeSharesValue
Ark Investment Management LlcCommon Shares42.9 K3 M
Ark Investment Management Llc1Common Shares36.9 K2.4 M
Trent Capital Management IncCommon Shares9.2 K436 K
Trent Capital Management IncCommon Shares9.2 K288 K

Renishaw plc Greeks

Alpha over DOW
Beta against DOW=0.19
Overall volatility
Information ratio =0.07

Renishaw plc Volatility Alert

Renishaw plc exhibits very low volatility with skewness of -3.09 and kurtosis of 15.1. 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 Equity31.94 % (15.17) %
Return On Asset14.12 % (15.64) %
Profit Margin22.18 % (5.50) %
Operating Margin24.72 % (10.91) %
Current Valuation4.82 B152.14 B
Shares Outstanding72.79 M1.43 B
Price to Earning26.47 times40.69 times
Price to Book6.91 times14.44 times
Price to Sales6.03 times17.81 times
Revenue804.06 M9.85 B
Gross Profit285.42 M21.75 B
EBITDA229.08 M1.41 B
Net Income191.24 M517.71 M
Cash and Equivalents96.13 M3.89 B
Cash per Share1.32 times5.17 times
Debt to Equity3.30 % 0.72 %
Current Ratio4.40 times3.30 times
Book Value Per Share9.39 times13.64 times
Cash Flow from Operations179.25 M1.25 B
Earnings Per Share2.45 times2.30 times
Number of Employees4.58 K10.67 K
Market Capitalization4.85 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 Paid0.67


Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Piotroski F Score

Financial Leverage

Risk Adjusted Performance0.11
Market Risk Adjusted Performance0.98
Mean Deviation0.6364
Coefficient Of Variation987.58
Standard Deviation1.72
Information Ratio0.066482
Jensen Alpha0.17
Total Risk Alpha0.076894
Treynor Ratio0.99
Maximum Drawdown7.17
Potential Upside0.0