Emeren Group Stock Price History

SOL Stock  USD 1.87  0.05  2.75%   
Below is the normalized historical share price chart for Emeren Group extending back to January 29, 2008. 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 Emeren stands at 1.87, as last reported on the 24th of November, with the highest price reaching 1.88 and the lowest price hitting 1.77 during the day.
IPO Date
29th of January 2008
200 Day MA
1.9846
50 Day MA
2.3852
Beta
1.735
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Emeren Stock, it is important to understand the factors that can impact its price. As of now, Emeren Stock is risky. Emeren Group secures Sharpe Ratio (or Efficiency) of 0.0157, which denotes the company had a 0.0157% return per unit of risk over the last 3 months. We have found thirty technical indicators for Emeren Group, which you can use to evaluate the volatility of the firm. Please confirm Emeren's Mean Deviation of 3.33, coefficient of variation of 4730.6, and Downside Deviation of 4.67 to check if the risk estimate we provide is consistent with the expected return of 0.0723%.
  
Liabilities And Stockholders Equity is expected to rise to about 705.6 M this year, although the value of Total Stockholder Equity will most likely fall to about 250.8 M. . The value of Price To Sales Ratio is estimated to slide to 1.39. Price Earnings Ratio is expected to rise to -46.01 this year. Emeren Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0157

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Estimated Market Risk

 4.6
  actual daily
40
60% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Emeren is performing at about 1% 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 Emeren by adding it to a well-diversified portfolio.
Price Book
0.2999
Enterprise Value Ebitda
10.0843
Price Sales
0.9254
Shares Float
309.6 M
Wall Street Target Price
5.3333

Emeren Stock Price History Chart

There are several ways to analyze Emeren Stock price data. The simplest method is using a basic Emeren candlestick price chart, which shows Emeren price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 4, 20242.87
Lowest PriceAugust 30, 20241.81

Emeren November 24, 2024 Stock Price Synopsis

Various analyses of Emeren's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Emeren Stock. It can be used to describe the percentage change in the price of Emeren from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Emeren Stock.
Emeren Price Action Indicator 0.07 
Emeren Price Rate Of Daily Change 1.03 
Emeren Price Daily Balance Of Power 0.45 

Emeren November 24, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Emeren Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Emeren intraday prices and daily technical indicators to check the level of noise trading in Emeren Stock and then apply it to test your longer-term investment strategies against Emeren.

Emeren Stock Price History Data

The price series of Emeren for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 has a statistical range of 1.06 with a coefficient of variation of 13.46. The price distribution for the period has arithmetic mean of 2.29. The median price for the last 90 days is 2.33. The company completed stock split (1:5) on 10th of February 2017. Emeren Group had dividends distributed to its stock-holders on 2017-02-10.
OpenHighLowCloseVolume
11/24/2024
 1.81  1.88  1.77  1.87 
11/22/2024 1.81  1.88  1.77  1.87  160,508 
11/21/2024 1.90  1.90  1.80  1.82  148,719 
11/20/2024 1.91  1.92  1.84  1.87  216,904 
11/19/2024 2.02  2.05  1.86  1.86  280,492 
11/18/2024 1.89  2.10  1.86  2.01  191,844 
11/15/2024 1.96  1.96  1.76  1.91  371,992 
11/14/2024 2.05  2.13  2.00  2.00  269,262 
11/13/2024 2.01  2.14  2.01  2.07  260,755 
11/12/2024 2.06  2.18  2.00  2.02  233,193 
11/11/2024 2.16  2.17  2.05  2.13  210,374 
11/08/2024 2.20  2.20  2.01  2.13  439,016 
11/07/2024 2.17  2.24  2.17  2.18  134,244 
11/06/2024 2.41  2.46  2.00  2.20  836,061 
11/05/2024 2.47  2.63  2.45  2.63  136,684 
11/04/2024 2.46  2.58  2.46  2.47  146,423 
11/01/2024 2.42  2.53  2.42  2.46  152,042 
10/31/2024 2.42  2.49  2.39  2.43  108,373 
10/30/2024 2.38  2.57  2.38  2.47  134,787 
10/29/2024 2.46  2.46  2.39  2.41  78,004 
10/28/2024 2.42  2.48  2.38  2.46  127,559 
10/25/2024 2.40  2.47  2.37  2.39  205,812 
10/24/2024 2.66  2.68  2.34  2.43  430,385 
10/23/2024 2.50  2.65  2.50  2.65  168,636 
10/22/2024 2.50  2.55  2.50  2.52  86,198 
10/21/2024 2.48  2.58  2.48  2.56  133,833 
10/18/2024 2.56  2.63  2.45  2.49  170,382 
10/17/2024 2.65  2.65  2.54  2.59  134,406 
10/16/2024 2.59  2.68  2.54  2.66  117,100 
10/15/2024 2.67  2.68  2.53  2.59  176,684 
10/14/2024 2.63  2.69  2.59  2.65  126,252 
10/11/2024 2.68  2.74  2.64  2.67  102,974 
10/10/2024 2.70  2.71  2.65  2.70  105,993 
10/09/2024 2.55  2.75  2.55  2.72  185,221 
10/08/2024 2.79  2.80  2.55  2.64  277,327 
10/07/2024 2.90  3.00  2.68  2.73  359,472 
10/04/2024 2.84  2.88  2.75  2.87  175,697 
10/03/2024 2.79  3.00  2.75  2.79  457,311 
10/02/2024 2.61  2.88  2.59  2.83  389,695 
10/01/2024 2.69  2.71  2.49  2.57  421,927 
09/30/2024 2.40  2.74  2.40  2.70  739,909 
09/27/2024 2.38  2.40  2.31  2.39  771,435 
09/26/2024 2.37  2.43  2.32  2.37  232,604 
09/25/2024 2.33  2.40  2.32  2.34  308,927 
09/24/2024 2.32  2.42  2.27  2.33  301,163 
09/23/2024 2.27  2.36  2.25  2.33  558,696 
09/20/2024 2.23  2.33  2.19  2.25  248,975 
09/19/2024 2.33  2.34  2.12  2.23  628,339 
09/18/2024 2.40  2.44  2.24  2.24  256,734 
09/17/2024 2.27  2.39  2.27  2.39  236,908 
09/16/2024 2.26  2.28  2.15  2.24  227,365 
09/13/2024 2.27  2.31  2.19  2.24  138,863 
09/12/2024 2.35  2.39  2.26  2.26  234,464 
09/11/2024 2.28  2.39  2.17  2.35  485,500 
09/10/2024 2.09  2.31  2.08  2.29  488,998 
09/09/2024 1.89  2.11  1.85  2.09  727,010 
09/06/2024 1.89  1.93  1.85  1.90  250,815 
09/05/2024 1.85  1.92  1.84  1.84  120,610 
09/04/2024 1.84  1.89  1.80  1.87  135,067 
09/03/2024 1.80  1.88  1.78  1.86  172,657 
08/30/2024 1.85  1.90  1.81  1.81  129,779 

About Emeren Stock history

Emeren 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 Emeren is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Emeren Group 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 Emeren stock prices may prove useful in developing a viable investing in Emeren
Last ReportedProjected for Next Year
Common Stock Shares Outstanding5.7 M5.4 M
Net Loss-5.4 M-5.1 M

Emeren Stock Technical Analysis

Emeren 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.
A focus of Emeren technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Emeren trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Emeren Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Emeren's price direction in advance. Along with the technical and fundamental analysis of Emeren Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Emeren 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.
When determining whether Emeren Group is a strong investment it is important to analyze Emeren'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 Emeren's future performance. For an informed investment choice regarding Emeren Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Emeren Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Construction & Engineering space 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 Emeren. If investors know Emeren 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 Emeren 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
(0.92)
Earnings Share
(0.05)
Revenue Per Share
1.915
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.01)
The market value of Emeren Group is measured differently than its book value, which is the value of Emeren that is recorded on the company's balance sheet. Investors also form their own opinion of Emeren's value that differs from its market value or its book value, called intrinsic value, which is Emeren'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 Emeren's market value can be influenced by many factors that don't directly affect Emeren'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 Emeren's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emeren is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emeren'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.