Ronn Inc Stock Performance
| RONN Stock | 0.0004 0.0001 20.00% |
On a scale of 0 to 100, RONN holds a performance score of 2. The company holds a Beta of -4.79, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning RONN are expected to decrease by larger amounts. On the other hand, during market turmoil, RONN is expected to outperform it. Please check RONN's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether RONN's historical price patterns will revert.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in RONN Inc are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of very fragile basic indicators, RONN displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
RONN |
RONN Relative Risk vs. Return Landscape
If you would invest 0.10 in RONN Inc on September 19, 2024 and sell it today you would lose (0.06) from holding RONN Inc or give up 60.0% of portfolio value over 90 days. RONN Inc is currently generating 0.6803% in daily expected returns and assumes 23.6146% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than RONN, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
RONN Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RONN's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as RONN Inc, and traders can use it to determine the average amount a RONN'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 = 0.0288
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | RONN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 23.61 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average RONN is performing at about 2% 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 RONN by adding it to a well-diversified portfolio.
Things to note about RONN Inc performance evaluation
Checking the ongoing alerts about RONN for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for RONN Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| RONN Inc is way too risky over 90 days horizon | |
| RONN Inc has some characteristics of a very speculative penny stock | |
| RONN Inc appears to be risky and price may revert if volatility continues |
- Analyzing RONN'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 RONN's stock is overvalued or undervalued compared to its peers.
- Examining RONN'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 RONN's management team can have a significant impact on its success or failure. Reviewing the track record and experience of RONN's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of RONN's pink sheet. These opinions can provide insight into RONN's potential for growth and whether the stock is currently undervalued or overvalued.