Yirendai Stock Today
| YRD Stock | USD 4.83 0.02 0.41% |
Performance5 of 100
| Odds Of DistressLess than 3
|
Yirendai is trading at 4.83 as of the 20th of April 2024, a -0.41 percent down since the beginning of the trading day. The stock's lowest day price was 4.8. Yirendai has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Yirendai are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of January 2024 and ending today, the 20th of April 2024. Click here to learn more.
Yiren Digital Ltd., through its subsidiaries, operates as an online consumer finance marketplace that connects borrowers and investors in the Peoples Republic of China. Yiren Digital Ltd. is a subsidiary of Creditease Holdings Limited. Yirendai operates under Credit Services classification in the United States and is traded on New York Stock Exchange. The company has 88.61 M outstanding shares of which 252.12 K shares are at this time shorted by investors with about 1.36 days to cover. More on Yirendai
Moving against Yirendai Stock
| 0.51 | FG | FG Annuities Life Financial Report 1st of May 2024 | PairCorr |
| 0.47 | DHIL | Diamond Hill Investment | PairCorr |
| 0.42 | LC | LendingClub Corp Buyout Trend | PairCorr |
Follow Valuation Odds of Bankruptcy
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Yirendai 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. Yirendai's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Yirendai or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and General Manager | Yihan Fang |
| Business Concentration | Consumer Finance, Financial Services, NYSE Composite, Financials, Consumer Finance, Credit Services, Financial Services (View all Sectors) |
| Financial Strength Based on the key indicators obtained from Yirendai's historical financial statements, Yirendai is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in May. Financial strength of Yirendai is based on its profitability, leverage, liquidity, source of funds, and operating efficiency. | |
Yirendai (YRD) is traded on New York Stock Exchange in USA. It is located in China Merchants Bureau Building, Beijing, China, 100022 and employs 29 people. Yirendai is listed under Consumer Finance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 433.32 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Yirendai's market, we take the total number of its shares issued and multiply it by Yirendai'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. Yirendai runs under Consumer Finance sector within Financials industry. The entity has 88.61 M outstanding shares of which 252.12 K shares are at this time shorted by investors with about 1.36 days to cover.
Yirendai has about 4.27 B in cash with 158.19 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 36.07, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Yirendai Probability Of Bankruptcy
Ownership AllocationYirendai owns a total of 88.61 Million outstanding shares. Roughly 98.0 (%) of Yirendai outstanding shares are held by general public with 2.3 percent by institutional investors. 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 Yirendai Ownership Details
Yirendai Stock Price Odds Analysis
What are Yirendai's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Yirendai jumping above the current price in 90 days from now is about 60.44%. The Yirendai probability density function shows the probability of Yirendai stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Yirendai has a beta of -0.4743. This entails as returns on the benchmark increase, returns on holding Yirendai are expected to decrease at a much lower rate. During a bear market, however, Yirendai is likely to outperform the market. Additionally, yirendai has an alpha of 0.3465, implying that it can generate a 0.35 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Yirendai to move above the current price in 90 days from now is about 60.44 (This Yirendai probability density function shows the probability of Yirendai Stock to fall within a particular range of prices over 90 days) .
Yirendai Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Yirendai market risk premium is the additional return an investor will receive from holding Yirendai 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 Yirendai. 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 Yirendai's alpha and beta are two of the key measurements used to evaluate Yirendai's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0484 | |||
| Jensen Alpha | 0.3465 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0492 |
Yirendai Stock Against Markets
Picking the right benchmark for Yirendai 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 Yirendai 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 Yirendai is critical whether you are bullish or bearish towards Yirendai at a given time. Please also check how Yirendai's historical prices are related to one of the top price index indicators.
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Yirendai Corporate Directors
Yirendai corporate directors refer to members of a Yirendai board of directors. The board of directors generally takes responsibility for the Yirendai's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Yirendai's board members must vote for the resolution. The Yirendai board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Huan Chen | Chief Risk Officer, Director | Profile | |
| Jingsheng Huang | Independent Director | Profile | |
| Sam Hanhui | Independent Director | Profile | |
| Quan Zhou | Director | Profile |
How to buy Yirendai Stock?
Before investing in Yirendai, 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 Yirendai. To buy Yirendai stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Yirendai. 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 Yirendai stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Yirendai 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 Yirendai 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 Yirendai, 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. For more information on how to buy Yirendai Stock please use our How to Invest in Yirendai guide.
Already Invested in Yirendai?
The danger of trading Yirendai 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 Yirendai 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 Yirendai. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Yirendai 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.
When determining whether Yirendai is a strong investment it is important to analyze Yirendai'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 Yirendai's future performance. For an informed investment choice regarding Yirendai Stock, refer to the following important reports: 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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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.
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.