RED METAL (Germany) Performance
| RMX Stock | EUR 0.08 0.00 0.00% |
The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and RED METAL are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days RED METAL has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, RED METAL is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
RED |
RED METAL Relative Risk vs. Return Landscape
If you would invest 8.13 in RED METAL on January 26, 2024 and sell it today you would earn a total of 0.00 from holding RED METAL or generate 0.0% return on investment over 90 days. RED METAL is producing return of less than zero assuming 0.0% volatility of returns over the 90 days investment horizon. Simply put, 0% of all stocks have less volatile historical return distribution than RED METAL, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
RED METAL Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RED METAL's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as RED METAL, and traders can use it to determine the average amount a RED METAL's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average RED METAL is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of RED METAL by adding RED METAL to a well-diversified portfolio.
RED METAL Fundamentals Growth
RED Stock prices reflect investors' perceptions of the future prospects and financial health of RED METAL, and RED METAL fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on RED Stock performance.
| Current Valuation | 4.89 M | |||
| Price To Book | 9.01 X | |||
| Total Asset | 16.66 M | |||
About RED METAL Performance
To evaluate RED METAL Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when RED METAL generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare RED Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand RED METAL market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents RED's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Things to note about RED METAL performance evaluation
Checking the ongoing alerts about RED METAL for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for RED METAL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| RED METAL generated a negative expected return over the last 90 days | |
| RED METAL has some characteristics of a very speculative penny stock |
- Analyzing RED METAL's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether RED METAL's stock is overvalued or undervalued compared to its peers.
- Examining RED METAL's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating RED METAL's management team can have a significant impact on its success or failure. Reviewing the track record and experience of RED METAL's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of RED METAL's stock. These opinions can provide insight into RED METAL's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RED METAL. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for RED Stock analysis
When running RED METAL's price analysis, check to measure RED METAL'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 RED METAL is operating at the current time. Most of RED METAL's value examination focuses on studying past and present price action to predict the probability of RED METAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RED METAL's price. Additionally, you may evaluate how the addition of RED METAL to your portfolios can decrease your overall portfolio volatility.
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