Ringcentral Stock Performance
| RNG Stock | USD 28.45 0.15 0.52% |
The company holds a Beta of 1.13, which implies a somewhat significant risk relative to the market. Ringcentral returns are very sensitive to returns on the market. As the market goes up or down, Ringcentral is expected to follow. At this point, Ringcentral has a negative expected return of -0.43%. Please make sure to check Ringcentral's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Ringcentral 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 Ringcentral has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
Actual Historical Performance (%)
One Day Return (0.52) | Five Day Return (1.32) | Year To Date Return (18.32) | Ten Year Return 78.37 | All Time Return 56.32 |
1 | Great Forces Unite to Strengthen Desert Agriculture Frontier RNG Expands Its Third Cohort to Nevada | 01/22/2025 |
2 | RingCentral to Announce Fourth Quarter 2024 Financial Results On February 20, 2025 | 02/06/2025 |
3 | RingCentral Reports Q4 Earnings What Key Metrics Have to Say | 02/20/2025 |
4 | RingCentral Inc Q4 2024 Earnings Call Highlights Record Free Cash Flow and Strategic AI ... | 02/21/2025 |
5 | How Is RingCentral Managing Market Movements and Institutional Interest | 02/24/2025 |
6 | How Is RingCentral Positioned in the Cloud Communications Sector | 02/25/2025 |
7 | Heres Why RingCentral is a Strong Value Stock | 02/26/2025 |
8 | Why RingCentral is a Top Growth Stock for the Long-Term | 02/27/2025 |
| Begin Period Cash Flow | 222.2 M |
Ringcentral |
Ringcentral Relative Risk vs. Return Landscape
If you would invest 3,776 in Ringcentral on December 2, 2024 and sell it today you would lose (931.00) from holding Ringcentral or give up 24.66% of portfolio value over 90 days. Ringcentral is generating negative expected returns assuming volatility of 2.6772% on return distribution over 90 days investment horizon. In other words, 23% of stocks are less volatile than Ringcentral, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Ringcentral Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ringcentral's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ringcentral, and traders can use it to determine the average amount a Ringcentral'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 = -0.1597
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RNG |
Estimated Market Risk
| 2.68 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ringcentral 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 Ringcentral by adding Ringcentral to a well-diversified portfolio.
Ringcentral Fundamentals Growth
Ringcentral Stock prices reflect investors' perceptions of the future prospects and financial health of Ringcentral, and Ringcentral 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 Ringcentral Stock performance.
| Return On Equity | -6.89 | ||||
| Return On Asset | 0.0047 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 3.92 B | ||||
| Shares Outstanding | 80.92 M | ||||
| Price To Earning | (107.63) X | ||||
| Price To Book | 102.83 X | ||||
| Price To Sales | 1.08 X | ||||
| Revenue | 2.4 B | ||||
| Gross Profit | 1.69 B | ||||
| EBITDA | 2.67 M | ||||
| Net Income | (58.29 M) | ||||
| Cash And Equivalents | 269.98 M | ||||
| Cash Per Share | 3.21 X | ||||
| Total Debt | 210.99 M | ||||
| Current Ratio | 1.19 X | ||||
| Book Value Per Share | (6.07) X | ||||
| Cash Flow From Operations | 483.28 M | ||||
| Earnings Per Share | (0.63) X | ||||
| Market Capitalization | 2.58 B | ||||
| Total Asset | 1.78 B | ||||
| Retained Earnings | (1.76 B) | ||||
| Working Capital | 122.32 M | ||||
| Current Asset | 171.05 M | ||||
| Current Liabilities | 80.57 M | ||||
About Ringcentral Performance
By analyzing Ringcentral's fundamental ratios, stakeholders can gain valuable insights into Ringcentral's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ringcentral 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 Ringcentral has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.94 | 0.90 | |
| Return On Tangible Assets | (0.04) | (0.04) | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | 0.17 | 0.17 |
Things to note about Ringcentral performance evaluation
Checking the ongoing alerts about Ringcentral for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ringcentral help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ringcentral generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 2.4 B. Reported Net Loss for the year was (58.29 M) with profit before taxes, overhead, and interest of 1.69 B. | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Why RingCentral is a Top Growth Stock for the Long-Term |
- Analyzing Ringcentral'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 Ringcentral's stock is overvalued or undervalued compared to its peers.
- Examining Ringcentral'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 Ringcentral's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ringcentral's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ringcentral's stock. These opinions can provide insight into Ringcentral's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Ringcentral Stock analysis
When running Ringcentral's price analysis, check to measure Ringcentral'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 Ringcentral is operating at the current time. Most of Ringcentral's value examination focuses on studying past and present price action to predict the probability of Ringcentral's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ringcentral's price. Additionally, you may evaluate how the addition of Ringcentral to your portfolios can decrease your overall portfolio volatility.
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