Renalytix OTC Stock Buy Hold or Sell Recommendation

RTNXF -  USA Stock  

USD 14.75  0.00  0.00%

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Renalytix Plc is 'Strong Sell'. Macroaxis provides Renalytix Plc buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RTNXF positions. The advice algorithm takes into account all of Renalytix Plc's available fundamental, technical, and predictive indicators you will find on this site.

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The advice is provided from Renalytix Plc's buy-and-hold perspective. Additionally, take a look at Renalytix Plc Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Renalytix and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Renalytix Plc.

Execute Renalytix Plc Buy or Sell Advice

The Renalytix recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Renalytix Plc. Macroaxis does not own or have any residual interests in Renalytix Plc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Renalytix Plc's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Renalytix PlcBuy Renalytix Plc
Strong Sell

Volatility

Not too volatileDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds of Distress

HighDetails

Economic Sensitivity

Almost neglects market trendsDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Renalytix Plc has a Mean Deviation of 0.7667, Standard Deviation of 2.28 and Variance of 5.2
Our trade recommendations tool can cross-verify current analyst consensus on Renalytix Plc and to analyze the firm potential to grow in the current economic cycle. To make sure Renalytix Plc is not overpriced, please check all Renalytix Plc fundamentals, including its price to book, cash per share, as well as the relationship between the Cash per Share and cash flow from operations . Given that Renalytix Plc has a shares owned by institutions of 18.58 %, we recommend you to check out Renalytix Plc market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Renalytix Plc Trading Alerts and Improvement Suggestions

Renalytix Plc generates negative expected return over the last 90 days
Renalytix Plc has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 1.02 M. Net Loss for the year was (27.29 M).
Renalytix Plc has accumulated about 70.08 M in cash with (26.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.97.
Roughly 42.0% of the company outstanding shares are owned by corporate insiders
Latest headline from www.equities.com: Renalytix drops 11.25 percent in Active Trading on September 15 - Equities.com

Renalytix Plc Returns Distribution Density

The distribution of Renalytix Plc's historical returns is an attempt to chart the future uncertainty of Renalytix Plc's future price movements. The chart of the probability distribution of Renalytix Plc stock daily returns describes the distribution of returns around its average expected value. We use Renalytix Plc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Renalytix Plc returns is essential to provide solid investment advice for Renalytix Plc stock.
Mean Return-0.18Value At Risk-3.54
Potential Upside0.00Standard Deviation2.28
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Renalytix Plc historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Renalytix Plc Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Renalytix Plc or Healthcare sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Renalytix Plc stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Renalytix stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.18
β
Beta against DOW-0.39
σ
Overall volatility
2.24
Ir
Information ratio -0.09

Renalytix Plc Volatility Alert

Renalytix Plc exhibits very low volatility with skewness of -1.19 and kurtosis of 19.8. However, we advise investors to further study Renalytix Plc technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Renalytix Plc's otc stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Renalytix Plc's otc stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Renalytix Plc Fundamentals Vs Peers

Comparing Renalytix Plc's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Renalytix Plc's direct or indirect competition across all of the common fundamentals between Renalytix Plc and the related equities. This way, we can detect undervalued stocks with similar characteristics as Renalytix Plc or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of Renalytix Plc's fundamental indicators could also be used in its relative valuation, which is a method of valuing Renalytix Plc by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Renalytix Plc to competition
FundamentalsRenalytix PlcPeer Average
Return On Equity(56.56) %(0.31) %
Return On Asset(31.61) %(0.14) %
Current Valuation1.08 B16.62 B
Shares Outstanding72.05 M571.82 M
Shares Owned by Insiders41.99 %10.09 %
Shares Owned by Institutions18.58 %39.21 %
Price to Earning10.53 X28.72 X
Price to Book13.28 X9.51 X
Revenue1.02 M9.43 B
EBITDA(25.35 M)3.9 B
Net Income(27.29 M)570.98 M
Cash and Equivalents70.08 M2.7 B
Cash per Share0.97 X5.01 X
Total Debt255 K5.32 B
Debt to Equity0.003 %48.70 %
Current Ratio13.90 X2.16 X
Book Value Per Share1.11 X1.93 K
Cash Flow from Operations(26.23 M)971.22 M
Earnings Per Share(0.40) X3.12 X
Number of Employees818.84 K
Beta1.04-0.15
Market Capitalization1.06 B19.03 B

Renalytix Plc Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Renalytix . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Rate Of Daily Change1.0
Day Median Price14.75
Day Typical Price14.75

About Renalytix Plc Buy or Sell Advice

When is the right time to buy or sell Renalytix Plc? Buying financial instruments such as Renalytix OTC Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Renalytix Plc investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Renalytix Plc in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Transportation Thematic Idea Now

Transportation
Transportation Theme
Fama and French focuses on testing asset pricing under different economic assumptions. Transportation theme has 61 constituents.
View All  Next Launch Transportation
Additionally, take a look at Renalytix Plc Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Renalytix Plc information on this page should be used as a complementary analysis to other Renalytix Plc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Renalytix Plc price analysis, check to measure Renalytix Plc'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 Renalytix Plc is operating at the current time. Most of Renalytix Plc's value examination focuses on studying past and present price action to predict the probability of Renalytix Plc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Renalytix Plc's price. Additionally, you may evaluate how the addition of Renalytix Plc to your portfolios can decrease your overall portfolio volatility.
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The market value of Renalytix Plc is measured differently than its book value, which is the value of Renalytix that is recorded on the company's balance sheet. Investors also form their own opinion of Renalytix Plc's value that differs from its market value or its book value, called intrinsic value, which is Renalytix Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Renalytix Plc's market value can be influenced by many factors that don't directly affect Renalytix Plc underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Renalytix Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine Renalytix Plc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renalytix Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.