|RNSHF -- USA Stock|| |
USD 72.59 0.00 0.00%
Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Renishaw plc is 'Strong Buy'
. 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 RNSHF 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 RNSHF buy-and-hold prospective. Additionally take a look at Renishaw plc Analyst Recommendation
to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.
For the selected time horizon Renishaw plc has a risk adjusted performance of 0.1237, jensen alpha of 0.4937, total risk alpha of 0.0127, sortino ratio of 0.0 and treynor ratio of 0.6478
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
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 Return||0.61||Value At Risk||0|
|Potential Upside||0.000005||Standard Deviation||2.84|
|Security Type||Shares||Value||Ark Investment Management Llc||Common Shares||38.1 K||2.4 M||Ark Investment Management Llc||Common Shares||42.9 K||3 M||Ark Investment Management Llc 1||Common Shares||36.9 K||2.4 M||Trent Capital Management Inc||Common Shares||9.2 K||436 K||Trent Capital Management Inc||Common Shares||9.2 K||288 K|
Renishaw plc Greeks
Renishaw plc Volatility Alert
Renishaw plc exhibits very low volatility with skewness of 4.69 and kurtosis of 22.0. However, we advise investors to further study Renishaw plc technical indicators to make sure all market info is available and is reliable.
Renishaw plc Fundamental Vs Peers
Renishaw plc Market Momentum
Additionally take a look at Renishaw plc Analyst Recommendation
to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Insider Screener
module to find insiders across different sectors to evaluate their impact on performance.