Yirendai Stock Price on December 31, 2023
| YRD Stock | USD 5.17 0.19 3.54% |
Below is the normalized historical share price chart for Yirendai extending back to December 18, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Yirendai stands at 5.17, as last reported on the 8th of May, with the highest price reaching 5.34 and the lowest price hitting 5.15 during the day.
If you're considering investing in Yirendai Stock, it is important to understand the factors that can impact its price. Yirendai appears to be unstable, given 3 months investment horizon. Yirendai shows Sharpe Ratio of 0.0738, which attests that the company had a 0.0738% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Yirendai, which you can use to evaluate the volatility of the company. Please utilize Yirendai's Market Risk Adjusted Performance of 0.151, mean deviation of 3.28, and Downside Deviation of 4.32 to validate if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 8.5 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 85.5 M. . At present, Yirendai's Price To Operating Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 0.96, whereas Price Book Value Ratio is forecasted to decline to 0.23. Yirendai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of December 2015 | 200 Day MA 3.5453 | 50 Day MA 5.0664 | Beta 0.706 |
Yirendai |
Sharpe Ratio = 0.0738
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Estimated Market Risk
| 4.5 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Yirendai is performing at about 5% 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 Yirendai by adding it to a well-diversified portfolio.
Price Book 0.4384 | Enterprise Value Ebitda (0.14) | Price Sales 0.0932 | Shares Float 33.2 M | Wall Street Target Price 2.03 |
Yirendai Valuation on December 31, 2023
It is possible to determine the worth of Yirendai on a given historical date. On December 31, 2023 Yirendai was worth 3.04 at the beginning of the trading date compared to the closed value of 3.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yirendai stock. Still, in general, we apply an absolute valuation method to find Yirendai's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Yirendai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yirendai's related companies.
| Open | High | Low | Close | Volume | |
| 3.00 | 3.14 | 3.00 | 3.09 | 106,307 | |
12/29/2023 | 3.04 | 3.15 | 3.00 | 3.12 | 128,500 |
| 3.12 | 3.68 | 3.02 | 3.59 | 319,231 |
| Backtest Yirendai | | | Yirendai History | | | Yirendai Valuation | Previous | Next |
Yirendai Trading Date Momentum on December 31, 2023
| On January 02 2024 Yirendai was traded for 3.59 at the closing time. Highest Yirendai's price during the trading hours was 3.68 and the lowest price during the day was 3.02 . The net volume was 319.2 K. The overall trading history on the 2nd of January contributed to the next trading period price growth. The trading price change to the next next day price was 15.06% . The trading price change to current price is 26.60% . |
Yirendai Fundamentals Correlations and Trends
By evaluating Yirendai's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Yirendai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yirendai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yirendai Stock history
Yirendai investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Yirendai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yirendai will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Yirendai stock prices may prove useful in developing a viable investing in Yirendai
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 89.3 M | 85.5 M | |
| Net Income Applicable To Common Shares | 1.4 B | 1.4 B |
Yirendai Quarterly Net Working Capital |
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Yirendai Stock Technical Analysis
Yirendai technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Yirendai Period Price Range
Low | December 29, 2023
| High |
3.04 | 3.12 |
Yirendai May 8, 2024 Market Strength
Market strength indicators help investors to evaluate how Yirendai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yirendai shares will generate the highest return on investment. By undertsting and applying Yirendai stock market strength indicators, traders can identify Yirendai entry and exit signals to maximize returns
Yirendai Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yirendai's price direction in advance. Along with the technical and fundamental analysis of Yirendai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yirendai to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0575 | |||
| Jensen Alpha | 0.1861 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0651 | |||
| Treynor Ratio | 0.141 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yirendai. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Yirendai Stock refer to our How to Trade Yirendai Stock guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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When running Yirendai's price analysis, check to measure Yirendai'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 Yirendai is operating at the current time. Most of Yirendai's value examination focuses on studying past and present price action to predict the probability of Yirendai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yirendai's price. Additionally, you may evaluate how the addition of Yirendai to your portfolios can decrease your overall portfolio volatility.
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Is Yirendai's industry 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 Yirendai. If investors know Yirendai 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 Yirendai 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 0.194 | Earnings Share 3.22 | Revenue Per Share 55.396 | Quarterly Revenue Growth 0.171 | Return On Assets 0.1724 |
The market value of Yirendai is measured differently than its book value, which is the value of Yirendai that is recorded on the company's balance sheet. Investors also form their own opinion of Yirendai's value that differs from its market value or its book value, called intrinsic value, which is Yirendai'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 Yirendai's market value can be influenced by many factors that don't directly affect Yirendai'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 Yirendai's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yirendai is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yirendai'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.