Renuka Agri (Sri Lanka) Performance
| RALN0000 | LKR 3.40 0.10 2.86% |
The company holds a Beta of 0.52, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Renuka Agri's returns are expected to increase less than the market. However, during the bear market, the loss of holding Renuka Agri is expected to be smaller as well. At this point, Renuka Agri Foods has a negative expected return of -0.12%. Please make sure to check Renuka Agri's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Renuka Agri Foods performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Renuka Agri Foods has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
Renuka |
Renuka Agri Relative Risk vs. Return Landscape
If you would invest 370.00 in Renuka Agri Foods on December 24, 2024 and sell it today you would lose (30.00) from holding Renuka Agri Foods or give up 8.11% of portfolio value over 90 days. Renuka Agri Foods is generating negative expected returns and assumes 2.6597% volatility on return distribution over the 90 days horizon. Simply put, 23% of stocks are less volatile than Renuka, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Renuka Agri Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Renuka Agri's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Renuka Agri Foods, and traders can use it to determine the average amount a Renuka Agri'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 = -0.0438
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RALN0000 |
Estimated Market Risk
| 2.66 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Renuka Agri is not performing at its full potential. However, 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 Renuka Agri by adding Renuka Agri to a well-diversified portfolio.
About Renuka Agri Performance
By analyzing Renuka Agri's fundamental ratios, stakeholders can gain valuable insights into Renuka Agri's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Renuka Agri has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Renuka Agri has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Renuka Agri Foods performance evaluation
Checking the ongoing alerts about Renuka Agri for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Renuka Agri Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Renuka Agri Foods generated a negative expected return over the last 90 days |
- Analyzing Renuka Agri'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 Renuka Agri's stock is overvalued or undervalued compared to its peers.
- Examining Renuka Agri'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 Renuka Agri's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Renuka Agri's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Renuka Agri's stock. These opinions can provide insight into Renuka Agri's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Renuka Stock analysis
When running Renuka Agri's price analysis, check to measure Renuka Agri'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 Renuka Agri is operating at the current time. Most of Renuka Agri's value examination focuses on studying past and present price action to predict the probability of Renuka Agri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renuka Agri's price. Additionally, you may evaluate how the addition of Renuka Agri to your portfolios can decrease your overall portfolio volatility.
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