On a scale of 0 to 100 Rane holds performance score of 10. The corporation holds Beta of 0.84 which implies as returns on market increase, Rane returns are expected to increase less than the market. However during bear market, the loss on holding Rane will be expected to be smaller as well. Although it is vital to follow to Rane Brake Lining Limited
current trading patterns, it is good to be conservative about what you can actually do with the information about equity existing price patterns
. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing Rane Brake Lining Limited technical indicators
you can presently evaluate if the expected return of 0.45% will be sustainable into the future. Please employ Rane Brake Lining Limited Expected Short fall
, Day Median Price
and the relationship
between Potential Upside
and Accumulation Distribution
to make a quick decision on weather Rane historical price patterns
Relative Risk vs. Return Landscape
If you would invest 10,000
in Rane Brake Lining Limited on May 19, 2013
and sell it today you would earn a total of 890
from holding Rane Brake Lining Limited or generate 8.9%
return on investment over 30
days. Rane Brake Lining Limited is generating 0.45% of daily returns and assumes 2.21% volatility on return distribution over the 30 days horizon. Simply put, 27% of equities are less volatile than Rane Brake Lining Limited and 81% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, Rane Brake Lining Limited is expected to generate 2.63 times more return on investment than the market. However, the company is 2.63 times more volatile than its market benchmark. It trades about 0.2 of its potential returns per unit of risk. The S&P 500 is currently generating roughly -0.1 per unit of risk.
Rane Operating Margin
Based on recorded statements Rane Brake Lining Limited has Operating Margin of 3.98%. This is 380.28% lower than that of Consumer Goods sector, and 388.41% lower than that of Auto Parts
industry, The Operating Margin for all stocks is 202.58% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.
Rane Return On Equity vs Return On Asset
Rane Brake Lining Limited is rated below average
in return on equity category among related companies. It is rated below average
in return on asset category among related companies reporting about 0.40
of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Rane Brake Lining Limited is roughly 2.51