Renishaw Plc Stock Performance
| RNSHF Stock | USD 54.78 0.00 0.00% |
On a scale of 0 to 100, Renishaw Plc holds a performance score of 11. The company holds a Beta of 0.24, which implies not very significant fluctuations relative to the market. As returns on the market increase, Renishaw Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Renishaw Plc is expected to be smaller as well. Please check Renishaw Plc's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to make a quick decision on whether Renishaw Plc's historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Renishaw plc are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile technical indicators, Renishaw Plc reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 95 M | |
| Total Cashflows From Investing Activities | -6.6 M |
Renishaw |
Renishaw Plc Relative Risk vs. Return Landscape
If you would invest 4,403 in Renishaw plc on January 25, 2024 and sell it today you would earn a total of 1,075 from holding Renishaw plc or generate 24.42% return on investment over 90 days. Renishaw plc is currently producing 0.3783% returns and takes up 2.6164% volatility of returns over 90 trading days. Put another way, 23% of traded pink sheets are less volatile than Renishaw, and 93% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Renishaw Plc Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Renishaw Plc's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Renishaw plc, and traders can use it to determine the average amount a Renishaw Plc'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 = 0.1446
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Estimated Market Risk
| 2.62 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Renishaw Plc is performing at about 11% 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 Renishaw Plc by adding it to a well-diversified portfolio.
Renishaw Plc Fundamentals Growth
Renishaw Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Renishaw Plc, and Renishaw Plc 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 Renishaw Pink Sheet performance.
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0966 | |||
| Profit Margin | 0.17 % | |||
| Operating Margin | 0.21 % | |||
| Current Valuation | 3.08 B | |||
| Shares Outstanding | 72.79 M | |||
| Price To Earning | 48.21 X | |||
| Price To Book | 3.03 X | |||
| Price To Sales | 4.95 X | |||
| Revenue | 671.08 M | |||
| EBITDA | 182.56 M | |||
| Cash And Equivalents | 253.16 M | |||
| Cash Per Share | 3.48 X | |||
| Total Debt | 5.16 M | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | 11.74 X | |||
| Cash Flow From Operations | 121.47 M | |||
| Earnings Per Share | 1.92 X | |||
| Total Asset | 992.77 M | |||
| Retained Earnings | 420 M | |||
| Current Asset | 276.58 M | |||
| Current Liabilities | 76.62 M | |||
About Renishaw Plc Performance
To evaluate Renishaw plc Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Renishaw Plc 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 Renishaw Pink Sheet'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 Renishaw plc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Renishaw'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.Renishaw plc, an engineering and scientific technology company, designs, manufactures, distributes, sells, and services metrology and healthcare products worldwide. Renishaw plc was incorporated in 1973 and is headquartered in Wotton-under-Edge, the United Kingdom. Renishaw Plc operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange. It employs 5097 people.Things to note about Renishaw plc performance evaluation
Checking the ongoing alerts about Renishaw Plc for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Renishaw plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 53.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Renishaw Plc'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 Renishaw Plc's stock is overvalued or undervalued compared to its peers.
- Examining Renishaw Plc'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 Renishaw Plc's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Renishaw Plc's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Renishaw Plc's pink sheet. These opinions can provide insight into Renishaw Plc'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 Renishaw plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Renishaw plc information on this page should be used as a complementary analysis to other Renishaw 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 the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Renishaw Pink Sheet analysis
When running Renishaw Plc's price analysis, check to measure Renishaw 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 Renishaw Plc is operating at the current time. Most of Renishaw Plc's value examination focuses on studying past and present price action to predict the probability of Renishaw Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renishaw Plc's price. Additionally, you may evaluate how the addition of Renishaw Plc to your portfolios can decrease your overall portfolio volatility.
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