Renesas Electronics Financials
| RNECY Stock | USD 6.49 0.06 0.92% |
Renesas |
Understanding current and past Renesas Electronics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Renesas Electronics' financial statements are interrelated, with each one affecting the others. For example, an increase in Renesas Electronics' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Renesas Electronics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Renesas Electronics Corp. Check Renesas Electronics' Beneish M Score to see the likelihood of Renesas Electronics' management manipulating its earnings.
Renesas Electronics Stock Summary
Renesas Electronics competes with NVIDIA, Intel, Taiwan Semiconductor, Marvell Technology, and Micron Technology. Renesas Electronics Corporation researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, North America, Europe, rest of Asia, and internationally. The company was incorporated in 2002 and is headquartered in Tokyo, Japan. RENESAS ELECTRONICS operates under Semiconductors classification in the United States and is traded on OTC Exchange.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US75972B1017 |
| Business Address | TOYOSU FORESIA, Tokyo, |
| Sector | Technology |
| Industry | Semiconductors |
| Benchmark | Dow Jones Industrial |
| Website | www.renesas.com |
| Phone | 81 3 6773 3000 |
| Currency | USD - US Dollar |
Renesas Electronics Key Financial Ratios
Renesas Electronics' financial ratios allow both analysts and investors to convert raw data from Renesas Electronics' financial statements into concise, actionable information that can be used to evaluate the performance of Renesas Electronics over time and compare it to other companies across industries.Renesas Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Renesas Electronics's current stock value. Our valuation model uses many indicators to compare Renesas Electronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Renesas Electronics competition to find correlations between indicators driving Renesas Electronics's intrinsic value. More Info.Renesas Electronics Corp 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 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Renesas Electronics Corp is roughly 1.87 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Renesas Electronics by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Renesas Electronics' 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.Renesas Electronics Corp Systematic Risk
Renesas Electronics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Renesas Electronics 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Renesas Electronics Corp correlated with the market. If Beta is less than 0 Renesas Electronics generally moves in the opposite direction as compared to the market. If Renesas Electronics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Renesas Electronics Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Renesas Electronics is generally in the same direction as the market. If Beta > 1 Renesas Electronics moves generally in the same direction as, but more than the movement of the benchmark.
Renesas Electronics November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Renesas Electronics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Renesas Electronics Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Renesas Electronics Corp based on widely used predictive technical indicators. In general, we focus on analyzing Renesas Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Renesas Electronics's daily price indicators and compare them against related drivers.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 11.23 | |||
| Value At Risk | (5.03) | |||
| Potential Upside | 3.43 |
Additional Tools for Renesas Pink Sheet Analysis
When running Renesas Electronics' price analysis, check to measure Renesas Electronics' 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 Renesas Electronics is operating at the current time. Most of Renesas Electronics' value examination focuses on studying past and present price action to predict the probability of Renesas Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renesas Electronics' price. Additionally, you may evaluate how the addition of Renesas Electronics to your portfolios can decrease your overall portfolio volatility.