Ryde Group Stock Holdings Turnover
RYDE Stock | 0.41 0.02 4.65% |
Ryde Group fundamentals help investors to digest information that contributes to Ryde's financial success or failures. It also enables traders to predict the movement of Ryde Stock. The fundamental analysis module provides a way to measure Ryde's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ryde stock.
Ryde |
Ryde Group Company Holdings Turnover Analysis
Ryde's Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the total fund holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.
Ryde Holdings Turnover Driver Correlations
Understanding the fundamental principles of building solid financial models for Ryde is extremely important. It helps to project a fair market value of Ryde Stock properly, considering its historical fundamentals such as Holdings Turnover. Since Ryde's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ryde's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ryde's interrelated accounts and indicators.
Click cells to compare fundamentals
Investor can think of Holding Turnover as a percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.
Competition |
According to the company disclosure, Ryde Group has a Holdings Turnover of 0.0%. This indicator is about the same for the Passenger Airlines average (which is currently at 0.0) sector and about the same as Industrials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Did you try this?
Run Idea Optimizer Now
Idea OptimizerUse advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |
All Next | Launch Module |
Ryde Fundamentals
Revenue | 8.67 M | ||||
EBITDA | (12.02 M) | ||||
Net Income | (12.87 M) | ||||
Total Debt | 5.2 M | ||||
Cash Flow From Operations | (1.61 M) | ||||
Number Of Employees | 34 | ||||
Total Asset | 5.2 M | ||||
Retained Earnings | (25.89 M) | ||||
Working Capital | (8.12 M) | ||||
Net Asset | 5.2 M |
About Ryde Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ryde Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ryde using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ryde Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ryde Group is a strong investment it is important to analyze Ryde's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ryde's future performance. For an informed investment choice regarding Ryde Stock, refer to the following important reports:Check out Ryde Piotroski F Score and Ryde Altman Z Score analysis. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ryde. If investors know Ryde will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ryde listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ryde Group is measured differently than its book value, which is the value of Ryde that is recorded on the company's balance sheet. Investors also form their own opinion of Ryde's value that differs from its market value or its book value, called intrinsic value, which is Ryde'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 Ryde's market value can be influenced by many factors that don't directly affect Ryde's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ryde's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ryde is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryde'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.