Red Electrica Financials
| RDEIY Stock | USD 8.93 0.11 1.25% |
Red |
Understanding current and past Red Electrica Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Red Electrica's financial statements are interrelated, with each one affecting the others. For example, an increase in Red Electrica's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Red Electrica's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Red Electrica Corporacion. Check Red Electrica's Beneish M Score to see the likelihood of Red Electrica's management manipulating its earnings.
Red Electrica Stock Summary
Red Electrica competes with NVIDIA, Blacksky Technology, Crowdstrike Holdings, Cintas, and Astera Labs,. Red Elctrica Corporacin, S.A. engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company was incorporated in 1985 and is based in Alcobendas, Spain. Red Electrica operates under UtilitiesRegulated Electric classification in the United States and is traded on OTC Exchange. It employs 2377 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US7565681019 |
| Business Address | Paseo del Conde |
| Sector | Utilities |
| Industry | Utilities—Regulated Electric |
| Benchmark | Dow Jones Industrial |
| Website | www.ree.es |
| Phone | 34 91 650 85 00 |
| Currency | USD - US Dollar |
Red Electrica Key Financial Ratios
Red Electrica's financial ratios allow both analysts and investors to convert raw data from Red Electrica's financial statements into concise, actionable information that can be used to evaluate the performance of Red Electrica over time and compare it to other companies across industries.Red Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Red Electrica's current stock value. Our valuation model uses many indicators to compare Red Electrica value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Red Electrica competition to find correlations between indicators driving Red Electrica's intrinsic value. More Info.Red Electrica Corporacion is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.26 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Red Electrica Corporacion is roughly 3.80 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Red Electrica by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Red Electrica's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Red Electrica Corporacion Systematic Risk
Red Electrica's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Red Electrica volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Red Electrica Corporacion correlated with the market. If Beta is less than 0 Red Electrica generally moves in the opposite direction as compared to the market. If Red Electrica Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Red Electrica Corporacion is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Red Electrica is generally in the same direction as the market. If Beta > 1 Red Electrica moves generally in the same direction as, but more than the movement of the benchmark.
Red Electrica November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Red Electrica help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Red Electrica Corporacion. We use our internally-developed statistical techniques to arrive at the intrinsic value of Red Electrica Corporacion based on widely used predictive technical indicators. In general, we focus on analyzing Red Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Red Electrica's daily price indicators and compare them against related drivers.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 7.86 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 1.79 |
Additional Tools for Red Pink Sheet Analysis
When running Red Electrica's price analysis, check to measure Red Electrica'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 Red Electrica is operating at the current time. Most of Red Electrica's value examination focuses on studying past and present price action to predict the probability of Red Electrica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Electrica's price. Additionally, you may evaluate how the addition of Red Electrica to your portfolios can decrease your overall portfolio volatility.