Redde Northgate (Germany) Today
| 21W Stock | EUR 4.48 0.08 1.82% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Redde Northgate is trading at 4.48 as of the 3rd of May 2024. This is a 1.82% increase since the beginning of the trading day. The stock's lowest day price was 4.48. Redde Northgate has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Redde Northgate PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
Redde Northgate plc provides light commercial vehicle rental services in the United Kingdom, Spain, and Ireland. Redde Northgate plc was incorporated in 1897 and is headquartered in Darlington, the United Kingdom. REDDE NORTHGAT operates under Rental Leasing Services classification in Germany and is traded on Frankfurt Stock Exchange. The company has 229.21 M outstanding shares. More on Redde Northgate PLC
Moving together with Redde Stock
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Moving against Redde Stock
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| 0.63 | 61F | ELEMENT FLEET MGMT | PairCorr |
Follow Valuation Odds of Bankruptcy
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Redde Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Redde Northgate's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Redde Northgate or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Martin Ward |
| Business Concentration | Rental & Leasing Services, Industrials (View all Sectors) |
Redde Northgate PLC (21W) is traded on Frankfurt Exchange in Germany and employs 6,700 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.05 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Redde Northgate's market, we take the total number of its shares issued and multiply it by Redde Northgate's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Redde Northgate PLC classifies itself under Industrials sector and is part of Rental & Leasing Services industry. The entity has 229.21 M outstanding shares.
Redde Northgate PLC has accumulated about 11.17 M in cash with 127.64 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Check Redde Northgate Probability Of Bankruptcy
Ownership AllocationRedde Northgate PLC has a total of 229.21 Million outstanding shares. The majority of Redde Northgate PLC outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Redde Northgate PLC to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Redde Northgate. Please pay attention to any change in the institutional holdings of Redde Northgate PLC as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Redde Ownership Details
Redde Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Redde Northgate jumping above the current price in 90 days from now is nearly 4.4%. The Redde Northgate PLC probability density function shows the probability of Redde Northgate stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Redde Northgate has a beta of 0.2919. This suggests as returns on the market go up, Redde Northgate average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Redde Northgate PLC will be expected to be much smaller as well. Additionally, redde Northgate PLC has an alpha of 0.1424, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Redde Northgate to move above the current price in 90 days from now is nearly 4.4 (This Redde Northgate PLC probability density function shows the probability of Redde Stock to fall within a particular range of prices over 90 days) .
Redde Northgate PLC Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Redde Northgate market risk premium is the additional return an investor will receive from holding Redde Northgate long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Redde Northgate. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Redde Northgate's alpha and beta are two of the key measurements used to evaluate Redde Northgate's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.05 | |||
| Semi Deviation | 1.16 | |||
| Standard Deviation | 1.34 | |||
| Variance | 1.8 |
Redde Stock Against Markets
Picking the right benchmark for Redde Northgate stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Redde Northgate stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Redde Northgate is critical whether you are bullish or bearish towards Redde Northgate PLC at a given time. Please also check how Redde Northgate's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Redde Northgate without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Redde Northgate Corporate Management
Elected by the shareholders, the Redde Northgate's board of directors comprises two types of representatives: Redde Northgate inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Redde. The board's role is to monitor Redde Northgate's management team and ensure that shareholders' interests are well served. Redde Northgate's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Redde Northgate's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Stephen Oakley | Non-Executive Director | Profile | |
| Claire Miles | Non-Executive Independent Director | Profile | |
| James Kerton | Company Sec | Profile | |
| Avril PalmerBaunack | Non-Executive Chairman of the Board | Profile | |
| Russell Smithers | Managing Director | Profile | |
| Jorge Alarcon | Chief Spain | Profile |
How to buy Redde Stock?
Before investing in Redde Northgate, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Redde Northgate. To buy Redde Northgate stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Redde Northgate. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Redde Northgate stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Redde Northgate PLC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Redde Northgate PLC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Redde Northgate PLC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Redde Northgate PLC?
The danger of trading Redde Northgate PLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Redde Northgate is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Redde Northgate. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Redde Northgate PLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Redde Northgate PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Redde Stock analysis
When running Redde Northgate's price analysis, check to measure Redde Northgate'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 Redde Northgate is operating at the current time. Most of Redde Northgate's value examination focuses on studying past and present price action to predict the probability of Redde Northgate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redde Northgate's price. Additionally, you may evaluate how the addition of Redde Northgate to your portfolios can decrease your overall portfolio volatility.
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