Renrenle Commercial (China) Price on December 12, 2024
| 002336 Stock | 5.99 0.31 4.92% |
Below is the normalized historical share price chart for Renrenle Commercial Group extending back to January 13, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Renrenle Commercial stands at 5.99, as last reported on the 3rd of January, with the highest price reaching 6.40 and the lowest price hitting 5.99 during the day.
If you're considering investing in Renrenle Stock, it is important to understand the factors that can impact its price. Renrenle Commercial is slightly risky given 3 months investment horizon. Renrenle Commercial maintains Sharpe Ratio (i.e., Efficiency) of 0.33, which implies the firm had a 0.33% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.23% are justified by taking the suggested risk. Use Renrenle Commercial Risk Adjusted Performance of 0.2656, coefficient of variation of 312.53, and Semi Deviation of 2.85 to evaluate company specific risk that cannot be diversified away.
The current year's Liabilities And Stockholders Equity is expected to grow to about 5.6 B, whereas Total Stockholder Equity is projected to grow to (330.8 M). . Renrenle Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of January 2010 | 200 Day MA 5.1455 | 50 Day MA 3.4528 | Beta 0.292 |
Renrenle |
Sharpe Ratio = 0.3297
| Best Portfolio | Best Equity | |||
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| Small Returns | 002336 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.74 actual daily | 33 67% of assets are more volatile |
Expected Return
| 1.23 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average Renrenle Commercial is performing at about 25% 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 Renrenle Commercial by adding it to a well-diversified portfolio.
Price Book 29.0165 | Enterprise Value Ebitda (20.16) | Price Sales 1.5365 | Shares Float 107.2 M | Wall Street Target Price 28.2 |
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Renrenle Commercial Valuation on December 12, 2024
It is possible to determine the worth of Renrenle Commercial on a given historical date. On December 12, 2024 Renrenle was worth 6.12 at the beginning of the trading date compared to the closed value of 6.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Renrenle Commercial stock. Still, in general, we apply an absolute valuation method to find Renrenle Commercial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Renrenle Commercial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Renrenle Commercial's related companies.
| Open | High | Low | Close | Volume | |
| 5.60 | 5.94 | 5.60 | 5.94 | 9,627,672 | |
12/12/2024 | 6.12 | 6.24 | 5.91 | 6.24 | 15,799,460 |
| 6.06 | 6.18 | 5.93 | 5.93 | 13,519,400 |
| Backtest Renrenle Commercial | | | Renrenle Commercial History | | | Renrenle Commercial Valuation | Previous | Next |
Renrenle Commercial Trading Date Momentum on December 12, 2024
| On December 13 2024 Renrenle Commercial Group was traded for 5.93 at the closing time. The highest price during the trading period was 6.18 and the lowest recorded bid was listed for 5.93 . The volume for the day was 13.5 M. This history from December 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 4.97% . The trading delta at closing time to the current price is 6.09% . |
Renrenle Commercial Fundamentals Correlations and Trends
By evaluating Renrenle Commercial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Renrenle Commercial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Renrenle financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Renrenle Commercial Stock history
Renrenle Commercial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Renrenle is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Renrenle Commercial will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Renrenle Commercial stock prices may prove useful in developing a viable investing in Renrenle Commercial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 396 M | 352 M | |
| Net Loss | -456.5 M | -433.6 M |
Renrenle Commercial Stock Technical Analysis
Renrenle Commercial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Renrenle Commercial Period Price Range
Low | January 3, 2025
| High |
0.00 | 0.00 |
Renrenle Commercial Group cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Renrenle Commercial January 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Renrenle Commercial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Renrenle Commercial shares will generate the highest return on investment. By undertsting and applying Renrenle Commercial stock market strength indicators, traders can identify Renrenle Commercial Group entry and exit signals to maximize returns
Renrenle Commercial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Renrenle Commercial's price direction in advance. Along with the technical and fundamental analysis of Renrenle Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Renrenle to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2656 | |||
| Jensen Alpha | 1.18 | |||
| Total Risk Alpha | 1.18 | |||
| Sortino Ratio | 0.3545 | |||
| Treynor Ratio | 1.47 |
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Complementary Tools for Renrenle Stock analysis
When running Renrenle Commercial's price analysis, check to measure Renrenle Commercial'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 Renrenle Commercial is operating at the current time. Most of Renrenle Commercial's value examination focuses on studying past and present price action to predict the probability of Renrenle Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renrenle Commercial's price. Additionally, you may evaluate how the addition of Renrenle Commercial to your portfolios can decrease your overall portfolio volatility.
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