RUBYMILLS Stock Performance

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RUBYMILLS -- India Stock  

INR 160.45  0.30  0.19%

On a scale of 0 to 100, RUBY MILLS holds a performance score of 9. The company owns a Beta (Systematic Risk) of 0.2132, which implies not very significant volatility relative to the market. Let's try to break down what RUBYMILLS's beta means in this case. As returns on the market increase, RUBY MILLS returns are expected to increase less than the market. However, during the bear market, the loss on holding RUBY MILLS will be expected to be smaller as well. Although it is vital to follow to RUBY MILLS existing price patterns, it is good to be conservative about what you can do with the information regarding equity price patterns. The philosophy in 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 examining RUBY MILLS technical indicators, you can now evaluate if the expected return of 0.4% will be sustainable into the future. Please employ RUBY MILLS variance, as well as the relationship between the value at risk and skewness to make a quick decision on whether RUBY MILLS current price history will revert.

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RUBY MILLS Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in RUBY MILLS are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days. Even with considerably weak technical indicators, RUBY MILLS revealed solid returns over the last few months and may actually be approaching a breakup point.
Fifty Two Week Low103.50
Target High Price155.00
Fifty Two Week High261.30
Payout Ratio14.88%
Trailing Annual Dividend Yield1.09%
Target Low Price155.00

RUBY MILLS Relative Risk vs. Return Landscape

If you would invest  13,150  in RUBY MILLS on June 4, 2020 and sell it today you would earn a total of  2,895  from holding RUBY MILLS or generate 22.02% return on investment over 30 days. RUBY MILLS is generating 0.4038% of daily returns and assumes 2.9233% volatility on return distribution over the 30 days horizon. Simply put, 25% of equities are less volatile than RUBY MILLS and 93% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 30 trading days horizon, RUBY MILLS is expected to generate 1.6 times more return on investment than the market. However, the company is 1.6 times more volatile than its market benchmark. It trades about 0.14 of its potential returns per unit of risk. The DOW is currently generating roughly 0.12 per unit of risk.

RUBY MILLS Market Risk Analysis

Sharpe Ratio = 0.1381
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RUBY MILLS Stock Performance Indicators

Estimated Market Risk
 2.92
  actual daily
 
 25 %
of total potential
 
2525
Expected Return
 0.4
  actual daily
 
 7 %
of total potential
 
77
Risk-Adjusted Return
 0.14
  actual daily
 
 9 %
of total potential
 
99
Based on monthly moving average RUBY MILLS is performing at about 9% of its full potential. 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 RUBY MILLS by adding it to a well-diversified portfolio.

About RUBY MILLS Performance

To evaluate RUBY MILLS Stock as a possible investment, you need to clearly understand its upside, downside potential, and overall future performance outlook. You may be satisfied when RUBY MILLS 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 RUBYMILLS's stock performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand RUBY MILLS stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents RUBYMILLS'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.
The Ruby Mills Limited manufactures textile products in India. The Ruby Mills Limited was founded in 1917 and is based in Mumbai, India. RUBY MILLS operates under Textile Manufacturing classification in India and is traded on National Stock Exchange of India. It employs 151 people.

RUBY MILLS Alerts

Equity Alerts and Improvement Suggestions

About 80.0% of the company outstanding shares are owned by corporate insiders

RUBY MILLS Dividends

RUBY MILLS Dividends Analysis

Check RUBY MILLS dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
Check Dividends  
Additionally, take a look at Your Equity Center. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page