Renta Corporacion (Spain) Price on May 3, 2023
REN Stock | EUR 0.72 0.01 1.41% |
If you're considering investing in Renta Stock, it is important to understand the factors that can impact its price. As of today, the current price of Renta Corporacion stands at 0.72, as last reported on the 26th of November, with the highest price reaching 0.72 and the lowest price hitting 0.67 during the day. Renta Corporacion Real maintains Sharpe Ratio (i.e., Efficiency) of -0.0189, which implies the firm had a -0.0189% return per unit of risk over the last 3 months. Renta Corporacion Real exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Renta Corporacion's Coefficient Of Variation of (3,583), risk adjusted performance of (0.01), and Variance of 4.64 to confirm the risk estimate we provide.
Renta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Renta |
Sharpe Ratio = -0.0189
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Estimated Market Risk
2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Renta Corporacion is not performing at its full potential. However, 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 Renta Corporacion by adding Renta Corporacion to a well-diversified portfolio.
Renta Corporacion Valuation on May 3, 2023
It is possible to determine the worth of Renta Corporacion on a given historical date. On May 3, 2023 Renta was worth 1.36 at the beginning of the trading date compared to the closed value of 1.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Renta Corporacion stock. Still, in general, we apply an absolute valuation method to find Renta Corporacion's 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 Renta Corporacion where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Renta Corporacion's related companies.
Open | High | Low | Close | Volume | |
1.34 | 1.36 | 1.34 | 1.34 | 3,894 | |
05/03/2023 | 1.36 | 1.42 | 1.34 | 1.35 | 12,824 |
1.33 | 1.35 | 1.33 | 1.33 | 2,966 |
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Renta Corporacion Trading Date Momentum on May 3, 2023
On May 04 2023 Renta Corporacion Real was traded for 1.33 at the closing time. The maximum traded price for the trading interval was 1.35 and the lowest daily price was 1.33 . The daily volume was recorded at 3 K. The volume of trading on 4th of May 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.48% . The trading delta at closing time to the closing price today is 2.22% . |
Renta Corporacion Real Fundamentals Correlations and Trends
By evaluating Renta Corporacion's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Renta Corporacion's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Renta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Renta Corporacion Stock history
Renta Corporacion 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 Renta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Renta Corporacion Real 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 Renta Corporacion stock prices may prove useful in developing a viable investing in Renta Corporacion
Renta Corporacin Real Estate, S.A. engages in the acquisition, refurbishment, and sale of real estate properties in the cities of Barcelona and Madrid. Renta Corporacin Real Estate, S.A. was founded in 1991 and is based in Barcelona, Spain. RENTA CORPORACION operates under Real Estate Services classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 45 people.
Renta Corporacion Stock Technical Analysis
Renta Corporacion 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
Renta Corporacion Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Renta Corporacion Real cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.
Renta Corporacion November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Renta Corporacion stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Renta Corporacion shares will generate the highest return on investment. By undertsting and applying Renta Corporacion stock market strength indicators, traders can identify Renta Corporacion Real entry and exit signals to maximize returns
Renta Corporacion Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Renta Corporacion's price direction in advance. Along with the technical and fundamental analysis of Renta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Renta 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 | (0.01) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.40) | |||
Treynor Ratio | 0.24 |
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Complementary Tools for Renta Stock analysis
When running Renta Corporacion's price analysis, check to measure Renta Corporacion'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 Renta Corporacion is operating at the current time. Most of Renta Corporacion's value examination focuses on studying past and present price action to predict the probability of Renta Corporacion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renta Corporacion's price. Additionally, you may evaluate how the addition of Renta Corporacion to your portfolios can decrease your overall portfolio volatility.
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