Ren Redes (UK) Price on November 7, 2024

0KBT Stock   2.45  0.01  0.41%   
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 2.45, as last reported on the 29th of November, with the highest price reaching 2.45 and the lowest price hitting 2.29 during the day.
200 Day MA
2.5433
50 Day MA
2.4834
Beta
0.276
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 somewhat reliable. Ren Redes Energeticas maintains Sharpe Ratio (i.e., Efficiency) of 0.0662, which implies the firm had a 0.0662% 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 0.4616, coefficient of variation of 1524.54, and Risk Adjusted Performance of 0.0496 to confirm if the risk estimate we provide is consistent with the expected return of 0.0479%.
  
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.

Sharpe Ratio = 0.0662

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Negative Returns0KBT

Estimated Market Risk

 0.72
  actual daily
6
94% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Ren Redes is performing at about 5% 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

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Ren Redes Valuation on November 7, 2024

It is possible to determine the worth of Ren Redes on a given historical date. On November 7, 2024 Ren was worth 2.28 at the beginning of the trading date compared to the closed value of 2.28. 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
  2.29    2.30    2.26    2.29    31,960  
11/07/2024
  2.28    2.31    2.28    2.28    12,796  
  2.31    2.34    2.31    2.31    14,116  
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Open Value
2.28
2.28
Closing Value
4.45
Upside

Ren Redes Trading Date Momentum on November 7, 2024

On November 08 2024 Ren Redes Energeticas was traded for  2.31  at the closing time. The highest price during the trading period was 2.34  and the lowest recorded bid was listed for  2.31 . The volume for the day was 14.1 K. This history from November 8, 2024 contributed to the next trading day price appreciation. The daily price change to the next closing price was 1.32% . The trading delta at closing time to the current price is 4.39% .

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 ReportedProjected for Next Year
Net Income Applicable To Common Shares100.6 M89 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.
A focus of Ren Redes technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ren Redes 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...

Price Boundaries

Ren Redes Period Price Range

Low
November 29, 2024
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High

 0.00 

     

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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 29, 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.

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.