Ren Redes (UK) Price on October 14, 2024
| 0KBT Stock | 2.57 0.17 7.08% |
Below is the normalized historical share price chart for Ren Redes Energeticas extending back to December 17, 2007. 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 Ren Redes stands at 2.57, as last reported on the 25th of November, with the highest price reaching 2.57 and the lowest price hitting 2.52 during the day.
If you're considering investing in Ren Stock, it is important to understand the factors that can impact its price. Currently, Ren Redes Energeticas is slightly risky. Ren Redes Energeticas maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ren Redes Energeticas, which you can use to evaluate the volatility of the company. Please check Ren Redes' Semi Deviation of 0.5703, coefficient of variation of 1167.54, and Risk Adjusted Performance of 0.064 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
Total Stockholder Equity is likely to drop to about 1.5 B in 2024. Other Stockholder Equity is likely to drop to about 133.8 M in 2024. Ren Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.5433 | 50 Day MA 2.4834 | Beta 0.276 |
Ren |
Sharpe Ratio = 0.1219
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Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Ren Redes is performing at about 9% 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 Ren Redes by adding it to a well-diversified portfolio.
Book Value 2.28 | Enterprise Value 4.3 B | Shares Float 383 M | Market Capitalization 1.7 B | Revenue Per Share 1.439 |
Ren Redes Valuation on October 14, 2024
It is possible to determine the worth of Ren Redes on a given historical date. On October 14, 2024 Ren was worth 2.4 at the beginning of the trading date compared to the closed value of 2.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ren Redes stock. Still, in general, we apply an absolute valuation method to find Ren Redes' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ren Redes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ren Redes' related companies.
| Open | High | Low | Close | Volume | |
| 2.39 | 2.40 | 2.38 | 2.39 | 27,362 | |
10/14/2024 | 2.40 | 2.42 | 2.39 | 2.42 | 27,178 |
| 2.40 | 2.42 | 2.40 | 2.40 | 37,547 |
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Ren Redes Trading Date Momentum on October 14, 2024
| On October 15 2024 Ren Redes Energeticas was traded for 2.40 at the closing time. The highest price during the trading period was 2.42 and the lowest recorded bid was listed for 2.40 . The volume for the day was 37.5 K. This history from October 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.83% . The trading delta at closing time to the current price is 2.89% . |
Ren Redes Energeticas Fundamentals Correlations and Trends
By evaluating Ren Redes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ren Redes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ren financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ren Redes Stock history
Ren Redes 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 Ren is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ren Redes Energeticas 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 Ren Redes stock prices may prove useful in developing a viable investing in Ren Redes
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 100.6 M | 89 M |
Ren Redes Stock Technical Analysis
Ren Redes 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.
Price Boundaries
Ren Redes Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Ren Redes Energeticas cannot be verified against its exchange. Please verify the symbol is currently traded on London Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ren Redes November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Ren Redes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ren Redes shares will generate the highest return on investment. By undertsting and applying Ren Redes stock market strength indicators, traders can identify Ren Redes Energeticas entry and exit signals to maximize returns
Ren Redes Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ren Redes' price direction in advance. Along with the technical and fundamental analysis of Ren Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ren 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.
| Risk Adjusted Performance | 0.064 | |||
| Jensen Alpha | 0.0246 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.2582 |
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Additional Tools for Ren Stock Analysis
When running Ren Redes' price analysis, check to measure Ren Redes' 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 Ren Redes is operating at the current time. Most of Ren Redes' value examination focuses on studying past and present price action to predict the probability of Ren Redes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ren Redes' price. Additionally, you may evaluate how the addition of Ren Redes to your portfolios can decrease your overall portfolio volatility.