RENN Change To Account Receivables from 2010 to 2024

RCG Stock  USD 2.55  0.02  0.78%   
RENN Fund's Change To Account Receivables is increasing over the last several years with stable swings. Change To Account Receivables is estimated to finish at about -16 K this year. During the period from 2010 to 2024 RENN Fund Change To Account Receivables regressed destribution of quarterly values had mean deviationof  14,743 and mean square error of 675 M. View All Fundamentals
 
Change To Account Receivables  
First Reported
1996-06-30
Previous Quarter
-3.3 K
Current Value
-3.2 K
Quarterly Volatility
1.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RENN Fund financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RENN Fund's main balance sheet or income statement drivers, such as Interest Expense of 35.91, Selling General Administrative of 232.3 K or Total Revenue of 233 K, as well as many indicators such as Price To Sales Ratio of 51.36, Dividend Yield of 0.0023 or PTB Ratio of 0.65. RENN financial statements analysis is a perfect complement when working with RENN Fund Valuation or Volatility modules.
  
Check out the analysis of RENN Fund Correlation against competitors.
For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.

Latest RENN Fund's Change To Account Receivables Growth Pattern

Below is the plot of the Change To Account Receivables of RENN Fund over the last few years. It is RENN Fund's Change To Account Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RENN Fund's overall financial position and show how it may be relating to other accounts over time.
Change To Account Receivables10 Years Trend
Pretty Stable
   Change To Account Receivables   
       Timeline  

RENN Change To Account Receivables Regression Statistics

Arithmetic Mean(10,234)
Coefficient Of Variation(252.89)
Mean Deviation14,743
Median(868.00)
Standard Deviation25,881
Sample Variance669.8M
Range106.1K
R-Value0.25
Mean Square Error675M
R-Squared0.06
Significance0.36
Slope1,467
Total Sum of Squares9.4B

RENN Change To Account Receivables History

2024-16 K
2023-16.8 K
2022-18.7 K
2021 -970.0
2020 6088.0
2019 -40.0
2018 -4198.0

About RENN Fund Financial Statements

RENN Fund stakeholders use historical fundamental indicators, such as RENN Fund's Change To Account Receivables, to determine how well the company is positioned to perform in the future. Although RENN Fund investors may analyze each financial statement separately, they are all interrelated. For example, changes in RENN Fund's assets and liabilities are reflected in the revenues and expenses on RENN Fund's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in RENN Fund. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Account Receivables-16.8 K-16 K

Currently Active Assets on Macroaxis

When determining whether RENN Fund is a strong investment it is important to analyze RENN Fund'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 RENN Fund's future performance. For an informed investment choice regarding RENN Stock, refer to the following important reports:
Check out the analysis of RENN Fund Correlation against competitors.
For more detail on how to invest in RENN Stock please use our How to Invest in RENN Fund guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Asset Management & Custody Banks 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 RENN Fund. If investors know RENN 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 RENN Fund listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(1.00)
Dividend Share
0.015
Earnings Share
0.16
Revenue Per Share
0.044
Quarterly Revenue Growth
0.175
The market value of RENN Fund is measured differently than its book value, which is the value of RENN that is recorded on the company's balance sheet. Investors also form their own opinion of RENN Fund's value that differs from its market value or its book value, called intrinsic value, which is RENN Fund'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 RENN Fund's market value can be influenced by many factors that don't directly affect RENN Fund'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 RENN Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if RENN Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RENN Fund'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.