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Renaissance Asia Silk Road Group Ltd
Buy, Hold or Sell?

Let's analyse Renaissance Asia Silk Road Group Ltd together

PenkeI guess you are interested in Renaissance Asia Silk Road Group Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Renaissance Asia Silk Road Group Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Renaissance Asia Silk Road Group Ltd (30 sec.)










What can you expect buying and holding a share of Renaissance Asia Silk Road Group Ltd? (30 sec.)

How much money do you get?

How much money do you get?
HK$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
HK$0.09
Expected worth in 1 year
HK$0.54
How sure are you?
30.0%

+ What do you gain per year?

Total Gains per Share
HK$0.44
Return On Investment
683.6%

For what price can you sell your share?

Current Price per Share
HK$0.07
Expected price per share
HK$0.048 - HK$0.143
How sure are you?
50%

1. Valuation of Renaissance Asia Silk Road Group Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$0.07

Intrinsic Value Per Share

HK$0.02 - HK$0.24

Total Value Per Share

HK$0.11 - HK$0.33

2. Growth of Renaissance Asia Silk Road Group Ltd (5 min.)




Is Renaissance Asia Silk Road Group Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$24.8m-$5m$29.9m120.4%

How much money is Renaissance Asia Silk Road Group Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$4.9m-$7m$2.1m43.6%
Net Profit Margin-18.6%-46.5%--

How much money comes from the company's main activities?

3. Financial Health of Renaissance Asia Silk Road Group Ltd (5 min.)




4. Comparing to competitors in the Gold industry (5 min.)




  Industry Rankings (Gold)  

What can you expect buying and holding a share of Renaissance Asia Silk Road Group Ltd? (5 min.)

Welcome investor! Renaissance Asia Silk Road Group Ltd's management wants to use your money to grow the business. In return you get a share of Renaissance Asia Silk Road Group Ltd.

What can you expect buying and holding a share of Renaissance Asia Silk Road Group Ltd?

First you should know what it really means to hold a share of Renaissance Asia Silk Road Group Ltd. And how you can make/lose money.

Speculation

The Price per Share of Renaissance Asia Silk Road Group Ltd is HK$0.065. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Renaissance Asia Silk Road Group Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Renaissance Asia Silk Road Group Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$0.09. Based on the TTM, the Book Value Change Per Share is HK$0.11 per quarter. Based on the YOY, the Book Value Change Per Share is HK$-0.14 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is HK$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Renaissance Asia Silk Road Group Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.00-3.6%0.00-3.6%0.00-5.2%0.00-7.0%-0.01-13.4%
Usd Book Value Change Per Share0.0121.8%0.0121.8%-0.02-26.8%0.00-1.1%0.00-6.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.0121.8%0.0121.8%-0.02-26.8%0.00-1.1%0.00-6.5%
Usd Price Per Share0.04-0.04-0.05-0.02-0.01-
Price to Earnings Ratio-15.34--15.34--16.40--6.83--4.49-
Price-to-Total Gains Ratio2.52-2.52--3.15--0.17--1.43-
Price to Book Ratio3.04-3.04--22.80--3.68--1.81-
Price-to-Total Gains Ratio2.52-2.52--3.15--0.17--1.43-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.008307
Number of shares120380
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.00
Usd Total Gains Per Share0.010.00
Gains per Quarter (120380 shares)1,708.95-88.83
Gains per Year (120380 shares)6,835.82-355.34
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10683668260-355-365
2013672136620-711-720
3020507204980-1066-1075
4027343273340-1421-1430
5034179341700-1777-1785
6041015410060-2132-2140
7047851478420-2487-2495
8054687546780-2843-2850
9061522615140-3198-3205
10068358683500-3553-3560

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.010.00.00.0%10.014.00.041.7%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%3.07.00.030.0%14.010.00.058.3%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%8.00.016.033.3%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%3.07.00.030.0%14.010.00.058.3%

Fundamentals of Renaissance Asia Silk Road Group Ltd

About Renaissance Asia Silk Road Group Ltd

Renaissance Asia Silk Road Group Limited, an investment holding company, engages in the exploration, development, and mining of gold in the People's Republic of China. The company operates through Mining Products, Trading and Wholesale, and Money Lending segments. It also engages in the provision of money lending services; trading of coal; and trading of non-ferrous metal and wholesale and trading of frozen meat. The company was formerly known as China Billion Resources Limited and changed its name to Renaissance Asia Silk Road Group Limited in November 2021. Renaissance Asia Silk Road Group Limited was incorporated in 2000 and is headquartered in Central, Hong Kong.

Fundamental data was last updated by Penke on 2024-03-24 12:46:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Renaissance Asia Silk Road Group Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Renaissance Asia Silk Road Group Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Renaissance Asia Silk Road Group Ltd to the Gold industry mean.
  • A Net Profit Margin of -18.6% means that $-0.19 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Renaissance Asia Silk Road Group Ltd:

  • The MRQ is -18.6%. The company is making a huge loss. -2
  • The TTM is -18.6%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-18.6%TTM-18.6%0.0%
TTM-18.6%YOY-46.5%+27.9%
TTM-18.6%5Y-149.0%+130.4%
5Y-149.0%10Y-358.7%+209.7%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-18.6%-3.2%-15.4%
TTM-18.6%-4.9%-13.7%
YOY-46.5%-4.0%-42.5%
5Y-149.0%-17.8%-131.2%
10Y-358.7%-23.5%-335.2%
1.1.2. Return on Assets

Shows how efficient Renaissance Asia Silk Road Group Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Renaissance Asia Silk Road Group Ltd to the Gold industry mean.
  • -12.9% Return on Assets means that Renaissance Asia Silk Road Group Ltd generated $-0.13 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Renaissance Asia Silk Road Group Ltd:

  • The MRQ is -12.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -12.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-12.9%TTM-12.9%0.0%
TTM-12.9%YOY-19.1%+6.1%
TTM-12.9%5Y-21.5%+8.6%
5Y-21.5%10Y-41.3%+19.8%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-12.9%-3.8%-9.1%
TTM-12.9%-4.1%-8.8%
YOY-19.1%-4.3%-14.8%
5Y-21.5%-6.3%-15.2%
10Y-41.3%-8.0%-33.3%
1.1.3. Return on Equity

Shows how efficient Renaissance Asia Silk Road Group Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Renaissance Asia Silk Road Group Ltd to the Gold industry mean.
  • -19.8% Return on Equity means Renaissance Asia Silk Road Group Ltd generated $-0.20 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Renaissance Asia Silk Road Group Ltd:

  • The MRQ is -19.8%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -19.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-19.8%TTM-19.8%0.0%
TTM-19.8%YOY-21.8%+2.0%
TTM-19.8%5Y-36.9%+17.1%
5Y-36.9%10Y-31.1%-5.8%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ-19.8%-3.7%-16.1%
TTM-19.8%-4.1%-15.7%
YOY-21.8%-4.7%-17.1%
5Y-36.9%-7.3%-29.6%
10Y-31.1%-9.9%-21.2%

1.2. Operating Efficiency of Renaissance Asia Silk Road Group Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Renaissance Asia Silk Road Group Ltd is operating .

  • Measures how much profit Renaissance Asia Silk Road Group Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Renaissance Asia Silk Road Group Ltd to the Gold industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Renaissance Asia Silk Road Group Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-14.9%+14.9%
TTM-5Y-39.5%+39.5%
5Y-39.5%10Y-55.1%+15.7%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ--3.4%+3.4%
TTM-2.9%-2.9%
YOY-14.9%1.2%-16.1%
5Y-39.5%-8.3%-31.2%
10Y-55.1%-16.3%-38.8%
1.2.2. Operating Ratio

Measures how efficient Renaissance Asia Silk Road Group Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Gold industry mean).
  • An Operation Ratio of 1.56 means that the operating costs are $1.56 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Renaissance Asia Silk Road Group Ltd:

  • The MRQ is 1.557. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.557. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.557TTM1.5570.000
TTM1.557YOY1.304+0.253
TTM1.5575Y1.653-0.095
5Y1.65310Y5.286-3.633
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5571.410+0.147
TTM1.5571.320+0.237
YOY1.3041.394-0.090
5Y1.6531.497+0.156
10Y5.2861.450+3.836

1.3. Liquidity of Renaissance Asia Silk Road Group Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Renaissance Asia Silk Road Group Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Gold industry mean).
  • A Current Ratio of 0.19 means the company has $0.19 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Renaissance Asia Silk Road Group Ltd:

  • The MRQ is 0.192. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.192. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.192TTM0.1920.000
TTM0.192YOY0.096+0.096
TTM0.1925Y0.667-0.475
5Y0.66710Y0.789-0.122
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1922.482-2.290
TTM0.1922.573-2.381
YOY0.0963.584-3.488
5Y0.6674.058-3.391
10Y0.7894.609-3.820
1.3.2. Quick Ratio

Measures if Renaissance Asia Silk Road Group Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Renaissance Asia Silk Road Group Ltd to the Gold industry mean.
  • A Quick Ratio of 0.15 means the company can pay off $0.15 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Renaissance Asia Silk Road Group Ltd:

  • The MRQ is 0.152. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.152. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.152TTM0.1520.000
TTM0.152YOY0.062+0.090
TTM0.1525Y0.537-0.385
5Y0.53710Y0.582-0.045
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1520.715-0.563
TTM0.1520.636-0.484
YOY0.0621.015-0.953
5Y0.5371.265-0.728
10Y0.5821.372-0.790

1.4. Solvency of Renaissance Asia Silk Road Group Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Renaissance Asia Silk Road Group Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Renaissance Asia Silk Road Group Ltd to Gold industry mean.
  • A Debt to Asset Ratio of 0.35 means that Renaissance Asia Silk Road Group Ltd assets are financed with 34.8% credit (debt) and the remaining percentage (100% - 34.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Renaissance Asia Silk Road Group Ltd:

  • The MRQ is 0.348. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.348. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.348TTM0.3480.000
TTM0.348YOY1.137-0.789
TTM0.3485Y0.639-0.291
5Y0.63910Y0.906-0.267
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3480.186+0.162
TTM0.3480.189+0.159
YOY1.1370.167+0.970
5Y0.6390.220+0.419
10Y0.9060.247+0.659
1.4.2. Debt to Equity Ratio

Measures if Renaissance Asia Silk Road Group Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Renaissance Asia Silk Road Group Ltd to the Gold industry mean.
  • A Debt to Equity ratio of 53.3% means that company has $0.53 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Renaissance Asia Silk Road Group Ltd:

  • The MRQ is 0.533. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.533. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.533TTM0.5330.000
TTM0.533YOY1.302-0.769
TTM0.5335Y1.056-0.523
5Y1.05610Y0.828+0.228
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5330.188+0.345
TTM0.5330.195+0.338
YOY1.3020.184+1.118
5Y1.0560.240+0.816
10Y0.8280.282+0.546

2. Market Valuation of Renaissance Asia Silk Road Group Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Renaissance Asia Silk Road Group Ltd generates.

  • Above 15 is considered overpriced but always compare Renaissance Asia Silk Road Group Ltd to the Gold industry mean.
  • A PE ratio of -15.34 means the investor is paying $-15.34 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Renaissance Asia Silk Road Group Ltd:

  • The EOD is -3.560. Based on the earnings, the company is expensive. -2
  • The MRQ is -15.336. Based on the earnings, the company is expensive. -2
  • The TTM is -15.336. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.560MRQ-15.336+11.776
MRQ-15.336TTM-15.3360.000
TTM-15.336YOY-16.404+1.068
TTM-15.3365Y-6.830-8.506
5Y-6.83010Y-4.488-2.342
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD-3.560-3.239-0.321
MRQ-15.336-3.687-11.649
TTM-15.336-4.059-11.277
YOY-16.404-6.669-9.735
5Y-6.830-9.017+2.187
10Y-4.488-9.291+4.803
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Renaissance Asia Silk Road Group Ltd:

  • The EOD is 5.824. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 25.086. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 25.086. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD5.824MRQ25.086-19.263
MRQ25.086TTM25.0860.000
TTM25.086YOY16.093+8.993
TTM25.0865Y7.311+17.776
5Y7.31110Y0.660+6.651
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD5.824-3.432+9.256
MRQ25.086-3.906+28.992
TTM25.086-4.728+29.814
YOY16.093-6.758+22.851
5Y7.311-10.478+17.789
10Y0.660-11.495+12.155
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Renaissance Asia Silk Road Group Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Gold industry mean).
  • A PB ratio of 3.04 means the investor is paying $3.04 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Renaissance Asia Silk Road Group Ltd:

  • The EOD is 0.705. Based on the equity, the company is cheap. +2
  • The MRQ is 3.036. Based on the equity, the company is fair priced.
  • The TTM is 3.036. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD0.705MRQ3.036-2.331
MRQ3.036TTM3.0360.000
TTM3.036YOY-22.800+25.836
TTM3.0365Y-3.681+6.717
5Y-3.68110Y-1.814-1.867
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD0.7051.074-0.369
MRQ3.0361.178+1.858
TTM3.0361.248+1.788
YOY-22.8001.807-24.607
5Y-3.6812.425-6.106
10Y-1.8142.542-4.356
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Renaissance Asia Silk Road Group Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1110.1110%-0.136+223%-0.006+105%-0.033+130%
Book Value Per Share--0.0920.0920%-0.019+120%0.060+54%0.046+99%
Current Ratio--0.1920.1920%0.096+100%0.667-71%0.789-76%
Debt To Asset Ratio--0.3480.3480%1.137-69%0.639-46%0.906-62%
Debt To Equity Ratio--0.5330.5330%1.302-59%1.056-50%0.828-36%
Dividend Per Share----0%-0%-0%-0%
Eps---0.018-0.0180%-0.026+44%-0.035+94%-0.068+273%
Free Cash Flow Per Share--0.0110.0110%0.027-58%-0.012+211%-0.015+232%
Free Cash Flow To Equity Per Share--0.0200.0200%0.007+171%0.013+53%0.008+149%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.018-2%
Intrinsic Value_10Y_max--0.242--------
Intrinsic Value_10Y_min--0.018--------
Intrinsic Value_1Y_max--0.010--------
Intrinsic Value_1Y_min---0.011--------
Intrinsic Value_3Y_max--0.042--------
Intrinsic Value_3Y_min---0.021--------
Intrinsic Value_5Y_max--0.086--------
Intrinsic Value_5Y_min---0.020--------
Market Cap137320951.040-331%591536404.480591536404.4800%908430906.880-35%346048796.621+71%220136047.667+169%
Net Profit Margin---0.186-0.1860%-0.465+150%-1.490+701%-3.587+1829%
Operating Margin----0%-0.1490%-0.3950%-0.5510%
Operating Ratio--1.5571.5570%1.304+19%1.653-6%5.286-71%
Pb Ratio0.705-331%3.0363.0360%-22.800+851%-3.681+221%-1.814+160%
Pe Ratio-3.560+77%-15.336-15.3360%-16.404+7%-6.830-55%-4.488-71%
Price Per Share0.065-331%0.2800.2800%0.430-35%0.164+71%0.104+169%
Price To Free Cash Flow Ratio5.824-331%25.08625.0860%16.093+56%7.311+243%0.660+3701%
Price To Total Gains Ratio0.585-331%2.5212.5210%-3.154+225%-0.173+107%-1.434+157%
Quick Ratio--0.1520.1520%0.062+144%0.537-72%0.582-74%
Return On Assets---0.129-0.1290%-0.191+48%-0.215+66%-0.413+220%
Return On Equity---0.198-0.1980%-0.218+10%-0.369+86%-0.311+57%
Total Gains Per Share--0.1110.1110%-0.136+223%-0.006+105%-0.033+130%
Usd Book Value--24899657.40024899657.4000%-5091935.400+120%16132628.520+54%12487989.780+99%
Usd Book Value Change Per Share--0.0140.0140%-0.017+223%-0.001+105%-0.004+130%
Usd Book Value Per Share--0.0120.0120%-0.002+120%0.008+54%0.006+99%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.002-0.0020%-0.003+44%-0.005+94%-0.009+273%
Usd Free Cash Flow--3013524.0003013524.0000%7214182.200-58%-3352756.320+211%-3990516.660+232%
Usd Free Cash Flow Per Share--0.0010.0010%0.003-58%-0.002+211%-0.002+232%
Usd Free Cash Flow To Equity Per Share--0.0030.0030%0.001+171%0.002+53%0.001+149%
Usd Market Cap17549617.543-331%75598352.49375598352.4930%116097469.899-35%44225036.208+71%28133386.892+169%
Usd Price Per Share0.008-331%0.0360.0360%0.055-35%0.021+71%0.013+169%
Usd Profit---4929501.600-4929501.6000%-7077308.400+44%-9551593.080+94%-18401985.900+273%
Usd Revenue--26510193.00026510193.0000%15216634.800+74%11636317.800+128%8400792.420+216%
Usd Total Gains Per Share--0.0140.0140%-0.017+223%-0.001+105%-0.004+130%
 EOD+3 -5MRQTTM+0 -0YOY+22 -105Y+27 -510Y+27 -6

3.2. Fundamental Score

Let's check the fundamental score of Renaissance Asia Silk Road Group Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.560
Price to Book Ratio (EOD)Between0-10.705
Net Profit Margin (MRQ)Greater than0-0.186
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.152
Current Ratio (MRQ)Greater than10.192
Debt to Asset Ratio (MRQ)Less than10.348
Debt to Equity Ratio (MRQ)Less than10.533
Return on Equity (MRQ)Greater than0.15-0.198
Return on Assets (MRQ)Greater than0.05-0.129
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Renaissance Asia Silk Road Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.061
Total0/1 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2018-12-312019-12-312020-12-312021-12-312022-12-31
EBITDA  -6,814-3,907-10,721-100,914-111,63561,088-50,54762,77712,230
Tax Provision  -11,0903,228-7,8621,606-6,2561,421-4,8356,4441,609



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in HKD. All numbers in thousands.

Summary
Total Assets298,690
Total Liabilities103,857
Total Stockholder Equity194,833
 As reported
Total Liabilities 103,857
Total Stockholder Equity+ 194,833
Total Assets = 298,690

Assets

Total Assets298,690
Total Current Assets76,952
Long-term Assets221,738
Total Current Assets
Cash And Cash Equivalents 52,388
Net Receivables 8,465
Other Current Assets 532
Total Current Assets  (as reported)76,952
Total Current Assets  (calculated)61,385
+/- 15,567
Long-term Assets
Property Plant Equipment 170,231
Intangible Assets 32,125
Long-term Assets  (as reported)221,738
Long-term Assets  (calculated)202,356
+/- 19,382

Liabilities & Shareholders' Equity

Total Current Liabilities400,471
Long-term Liabilities23,358
Total Stockholder Equity194,833
Total Current Liabilities
Short Long Term Debt 301,434
Accounts payable 55,436
Total Current Liabilities  (as reported)400,471
Total Current Liabilities  (calculated)356,870
+/- 43,601
Long-term Liabilities
Long term Debt Total 14,329
Long term Debt 14,329
Capital Lease Obligations Min Short Term Debt456
Long-term Liabilities  (as reported)23,358
Long-term Liabilities  (calculated)29,114
+/- 5,756
Total Stockholder Equity
Common Stock15,153
Retained Earnings 86,892
Capital Surplus 77,221
Other Stockholders Equity 21,985
Total Stockholder Equity (as reported)194,833
Total Stockholder Equity (calculated)201,251
+/- 6,418
Other
Capital Stock15,153
Cash and Short Term Investments 52,388
Common Stock Shares Outstanding 1,515,256
Liabilities and Stockholders Equity 298,690
Net Debt 263,375
Net Invested Capital 510,596
Net Working Capital -323,519
Property Plant and Equipment Gross 1,871,856



Balance Sheet

Currency in HKD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-31
> Total Assets 
99,705
189,787
402,102
828,053
1,174,570
1,559,718
1,756,057
2,157,105
3,078,021
3,170,957
3,169,172
3,059,139
1,684,886
1,676,772
1,151,084
243,860
239,408
403,333
390,213
356,933
379,495
373,183
290,584
298,690
298,690290,584373,183379,495356,933390,213403,333239,408243,8601,151,0841,676,7721,684,8863,059,1393,169,1723,170,9573,078,0212,157,1051,756,0571,559,7181,174,570828,053402,102189,78799,705
   > Total Current Assets 
40,723
116,354
219,074
421,709
651,617
985,992
766,269
767,026
1,120,890
624,545
276,584
375,135
41,316
24,033
17,873
17,473
29,078
113,951
94,008
151,876
176,728
118,710
27,374
76,952
76,95227,374118,710176,728151,87694,008113,95129,07817,47317,87324,03341,316375,135276,584624,5451,120,890767,026766,269985,992651,617421,709219,074116,35440,723
       Cash And Cash Equivalents 
755
27,717
85,796
163,435
420,329
630,909
514,066
405,181
472,989
192,919
35,514
78,396
18,946
5,767
3,908
4,705
7,891
49,134
3,213
1,213
42,497
9,307
7,274
52,388
52,3887,2749,30742,4971,2133,21349,1347,8914,7053,9085,76718,94678,39635,514192,919472,989405,181514,066630,909420,329163,43585,79627,717755
       Short-term Investments 
0
20,005
4,525
4,042
5,325
5,282
10,773
176,276
198,786
34,995
19,866
3,688
0
0
0
0
4,407
5,013
4,347
990
0
0
0
0
00009904,3475,0134,40700003,68819,86634,995198,786176,27610,7735,2825,3254,0424,52520,0050
       Net Receivables 
0
61,328
105,134
182,607
165,597
308,378
207,443
152,369
294,099
243,990
80,706
65,652
4,703
2,052
2,288
2,739
20,749
29,359
54,234
147,507
124,136
7,630
10,420
8,465
8,46510,4207,630124,136147,50754,23429,35920,7492,7392,2882,0524,70365,65280,706243,990294,099152,369207,443308,378165,597182,607105,13461,3280
       Inventory 
16,362
17,309
23,619
71,625
55,253
41,423
33,987
33,200
51,217
94,880
56,141
51,166
7,008
9,651
3,470
371
438
479
239
0
0
0
0
0
000002394794383713,4709,6517,00851,16656,14194,88051,21733,20033,98741,42355,25371,62523,61917,30916,362
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
289,382
296,205
205,057
202,767
254,473
263,210
221,738
221,738263,210254,473202,767205,057296,205289,38200000000000000000
       Property Plant Equipment 
42,786
57,083
67,096
244,045
244,232
326,483
537,701
1,317,681
1,085,699
1,484,614
1,416,802
713,940
96,293
109,949
1,133,211
12,026
10,867
71,510
72,246
49,809
186,639
194,415
198,828
170,231
170,231198,828194,415186,63949,80972,24671,51010,86712,0261,133,211109,94996,293713,9401,416,8021,484,6141,085,6991,317,681537,701326,483244,232244,04567,09657,08342,786
       Goodwill 
0
0
0
0
0
0
0
0
459,428
645,566
968,024
508,596
0
0
0
0
0
0
0
0
0
0
0
0
000000000000508,596968,024645,566459,42800000000
       Intangible Assets 
0
0
85,040
72,844
61,578
51,262
40,725
32,791
27,563
36,655
27,742
1,345,263
1,547,277
1,542,790
1,096,000
214,361
199,463
217,872
223,959
155,248
107,326
75,746
59,639
32,125
32,12559,63975,746107,326155,248223,959217,872199,463214,3611,096,0001,542,7901,547,2771,345,26327,74236,65527,56332,79140,72551,26261,57872,84485,04000
       Other Assets 
0
0
14,403
2,050
137,743
122,737
361,192
20,197
384,271
379,407
479,850
116,035
0
0
0
0
0
0
0
0
16,128
0
0
0
00016,12800000000116,035479,850379,407384,27120,197361,192122,737137,7432,05014,40300
> Total Liabilities 
41,952
56,977
105,463
117,094
110,441
341,780
282,753
415,244
583,547
483,895
322,406
697,466
733,231
780,546
705,475
525,380
574,266
142,407
134,386
213,954
294,503
124,977
330,427
103,857
103,857330,427124,977294,503213,954134,386142,407574,266525,380705,475780,546733,231697,466322,406483,895583,547415,244282,753341,780110,441117,094105,46356,97741,952
   > Total Current Liabilities 
36,607
52,679
68,927
90,965
110,331
165,530
223,945
275,171
268,496
482,784
321,300
367,540
388,688
432,821
466,126
501,832
509,744
57,348
38,519
188,502
104,376
216,464
284,573
400,471
400,471284,573216,464104,376188,50238,51957,348509,744501,832466,126432,821388,688367,540321,300482,784268,496275,171223,945165,530110,33190,96568,92752,67936,607
       Short-term Debt 
0
0
23,367
27,749
18,945
58,860
120,315
60,000
60,000
379,431
215,308
151,132
327,635
375,882
425,235
457,341
472,980
20,678
1,283
173,083
51,120
166,230
223,808
0
0223,808166,23051,120173,0831,28320,678472,980457,341425,235375,882327,635151,132215,308379,43160,00060,000120,31558,86018,94527,74923,36700
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
425,235
290,191
290,191
20,678
1,283
173,083
51,120
166,230
223,808
301,434
301,434223,808166,23051,120173,0831,28320,678290,191290,191425,23500000000000000
       Accounts payable 
0
12,008
11,973
20,767
37,834
40,565
44,912
83,733
87,041
36,540
31,493
32,466
2,536
6,409
806
2,872
804
1,152
1,747
0
13,618
1,029
9,424
55,436
55,4369,4241,02913,61801,7471,1528042,8728066,4092,53632,46631,49336,54087,04183,73344,91240,56537,83420,76711,97312,0080
       Other Current Liabilities 
0
21,580
33,412
42,449
53,552
66,105
58,700
131,399
121,416
66,781
74,496
183,942
58,517
50,530
40,085
41,619
35,960
1,506
24,417
1
0
10,946
9,553
0
09,55310,9460124,4171,50635,96041,61940,08550,53058,517183,94274,49666,781121,416131,39958,70066,10553,55242,44933,41221,5800
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
85,059
95,867
25,452
190,127
155,365
45,854
23,358
23,35845,854155,365190,12725,45295,86785,05900000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
39,482
50,487
57,685
0
172,936
143,563
38,574
14,329
14,32938,574143,563172,936057,68550,48739,4820000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
239,349
23,548
25,040
34,572
38,182
25,452
17,191
11,802
7,280
0
07,28011,80217,19125,45238,18234,57225,04023,548239,34900000000000000
> Total Stockholder Equity
0
132,810
294,503
708,823
1,063,435
1,210,132
1,439,452
1,733,907
2,373,793
2,620,208
2,783,602
2,104,416
765,344
716,193
346,478
-265,597
-311,537
286,055
285,817
196,733
158,906
248,206
253,832
194,833
194,833253,832248,206158,906196,733285,817286,055-311,537-265,597346,478716,193765,3442,104,4162,783,6022,620,2082,373,7931,733,9071,439,4521,210,1321,063,435708,823294,503132,8100
   Common Stock
0
25,000
30,760
59,974
83,608
90,508
93,519
104,658
118,334
133,321
262,078
487,530
523,530
523,530
523,530
523,530
523,530
175,449
175,449
175,449
210,485
12,627
15,153
15,153
15,15315,15312,627210,485175,449175,449175,449523,530523,530523,530523,530523,530487,530262,078133,321118,334104,65893,51990,50883,60859,97430,76025,0000
   Retained Earnings Total Equity000000000000000000000000
   Accumulated Other Comprehensive Income 000-1,444,269-1,387,225-1,405,222-1,296,805-1,428,119-1,500,079-591,274-518,364-509,278-542,102-474,9460000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
488,361
517,792
20,652
77,221
77,221
77,22177,22120,652517,792488,3610000000000000000000
   Treasury Stock000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
190,085
154,896
143,416
31,166
46,777
30,435
26,575
42,914
44,823
21,985
21,98544,82342,91426,57530,43546,77731,166143,416154,896190,08500000000000000



Balance Sheet

Currency in HKD. All numbers in thousands.




Cash Flow

Currency in HKD. All numbers in thousands.




Income Statement

Currency in HKD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue207,435
Cost of Revenue-137,343
Gross Profit70,09270,092
 
Operating Income (+$)
Gross Profit70,092
Operating Expense-185,712
Operating Income-9,321-115,620
 
Operating Expense (+$)
Research Development0
Selling General Administrative48,538
Selling And Marketing Expenses0
Operating Expense185,71248,538
 
Net Interest Income (+$)
Interest Income51,221
Interest Expense-20
Other Finance Cost-102,402
Net Interest Income-51,201
 
Pretax Income (+$)
Operating Income-9,321
Net Interest Income-51,201
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-60,542-9,321
EBIT - interestExpense = -20
-38,572
-38,552
Interest Expense20
Earnings Before Interest and Taxes (EBIT)0-60,522
Earnings Before Interest and Taxes (EBITDA)12,230
 
After tax Income (+$)
Income Before Tax-60,542
Tax Provision-1,609
Net Income From Continuing Ops-62,151-62,151
Net Income-38,572
Net Income Applicable To Common Shares-38,572
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items259
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net051,201
 

Technical Analysis of Renaissance Asia Silk Road Group Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Renaissance Asia Silk Road Group Ltd. The general trend of Renaissance Asia Silk Road Group Ltd is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Renaissance Asia Silk Road Group Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Renaissance Asia Silk Road Group Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.103 < 0.114 < 0.143.

The bearish price targets are: 0.054 > 0.049 > 0.048.

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Renaissance Asia Silk Road Group Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Renaissance Asia Silk Road Group Ltd. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Renaissance Asia Silk Road Group Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Renaissance Asia Silk Road Group Ltd.

Renaissance Asia Silk Road Group Ltd Daily Moving Average Convergence/Divergence (MACD) ChartRenaissance Asia Silk Road Group Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Renaissance Asia Silk Road Group Ltd. The current adx is .

Renaissance Asia Silk Road Group Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Renaissance Asia Silk Road Group Ltd.

Renaissance Asia Silk Road Group Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Renaissance Asia Silk Road Group Ltd.

Renaissance Asia Silk Road Group Ltd Daily Relative Strength Index (RSI) ChartRenaissance Asia Silk Road Group Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Renaissance Asia Silk Road Group Ltd.

Renaissance Asia Silk Road Group Ltd Daily Stochastic Oscillator ChartRenaissance Asia Silk Road Group Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Renaissance Asia Silk Road Group Ltd.

Renaissance Asia Silk Road Group Ltd Daily Commodity Channel Index (CCI) ChartRenaissance Asia Silk Road Group Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Renaissance Asia Silk Road Group Ltd.

Renaissance Asia Silk Road Group Ltd Daily Chande Momentum Oscillator (CMO) ChartRenaissance Asia Silk Road Group Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Renaissance Asia Silk Road Group Ltd.

Renaissance Asia Silk Road Group Ltd Daily Williams %R ChartRenaissance Asia Silk Road Group Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Renaissance Asia Silk Road Group Ltd.

Renaissance Asia Silk Road Group Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Renaissance Asia Silk Road Group Ltd.

Renaissance Asia Silk Road Group Ltd Daily Average True Range (ATR) ChartRenaissance Asia Silk Road Group Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Renaissance Asia Silk Road Group Ltd.

Renaissance Asia Silk Road Group Ltd Daily On-Balance Volume (OBV) ChartRenaissance Asia Silk Road Group Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Renaissance Asia Silk Road Group Ltd.

Renaissance Asia Silk Road Group Ltd Daily Money Flow Index (MFI) ChartRenaissance Asia Silk Road Group Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Renaissance Asia Silk Road Group Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-27MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-21MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-22MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Renaissance Asia Silk Road Group Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Renaissance Asia Silk Road Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.061
Total0/1 (0.0%)
Penke

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