Renoworks Software Stock Price on November 25, 2024
| RW Stock | CAD 0.31 0.01 3.33% |
Below is the normalized historical share price chart for Renoworks Software extending back to September 26, 2002. 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 Renoworks Software stands at 0.31, as last reported on the 28th of November, with the highest price reaching 0.31 and the lowest price hitting 0.31 during the day.
If you're considering investing in Renoworks Stock, it is important to understand the factors that can impact its price. Renoworks Software appears to be out of control, given 3 months investment horizon. Renoworks Software maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. By analyzing Renoworks Software's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please evaluate Renoworks Software's Semi Deviation of 2.65, risk adjusted performance of 0.1513, and Coefficient Of Variation of 535.06 to confirm if our risk estimates are consistent with your expectations.
At this time, Renoworks Software's Other Stockholder Equity is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 71.2 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 28.9 M in 2024. . Price Earnings To Growth Ratio is likely to climb to 0.16 in 2024, whereas Price To Sales Ratio is likely to drop 0.74 in 2024. Renoworks Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.2045 | 50 Day MA 0.2422 | Beta 0.379 |
Renoworks |
Sharpe Ratio = 0.1734
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Estimated Market Risk
| 4.03 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Renoworks Software is performing at about 13% 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 Renoworks Software by adding it to a well-diversified portfolio.
Price Book 7.7569 | Enterprise Value Ebitda (6.84) | Price Sales 1.8475 | Shares Float 22.9 M | Shares Short 40.2 K |
Renoworks Software Valuation on November 25, 2024
It is possible to determine the worth of Renoworks Software on a given historical date. On November 25, 2024 Renoworks was worth 0.32 at the beginning of the trading date compared to the closed value of 0.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Renoworks Software stock. Still, in general, we apply an absolute valuation method to find Renoworks Software'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 Renoworks Software where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Renoworks Software's related companies.
| Open | High | Low | Close | Volume | |
| 0.31 | 0.32 | 0.31 | 0.32 | 59,000 | |
11/25/2024 | 0.32 | 0.32 | 0.31 | 0.31 | 16,000 |
| 0.31 | 0.31 | 0.30 | 0.30 | 15,500 |
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Renoworks Software Trading Date Momentum on November 25, 2024
| On November 26 2024 Renoworks Software was traded for 0.30 at the closing time. The top price for the day was 0.31 and the lowest listed price was 0.30 . The trading volume for the day was 15.5 K. The trading history from November 26, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.23% . The trading delta at closing time against the current closing price is 0.00% . |
Renoworks Software Fundamentals Correlations and Trends
By evaluating Renoworks Software'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 Renoworks Software's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Renoworks financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Renoworks Software Stock history
Renoworks Software 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 Renoworks is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Renoworks Software 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 Renoworks Software stock prices may prove useful in developing a viable investing in Renoworks Software
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 40.7 M | 28.9 M | |
| Net Loss | -1.2 M | -1.1 M |
Renoworks Software Stock Technical Analysis
Renoworks Software 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
Renoworks Software Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Renoworks Software cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Renoworks Software November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Renoworks Software stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Renoworks Software shares will generate the highest return on investment. By undertsting and applying Renoworks Software stock market strength indicators, traders can identify Renoworks Software entry and exit signals to maximize returns
Renoworks Software Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Renoworks Software's price direction in advance. Along with the technical and fundamental analysis of Renoworks Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Renoworks 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 | 0.1513 | |||
| Jensen Alpha | 0.6867 | |||
| Total Risk Alpha | 0.1345 | |||
| Sortino Ratio | 0.1094 | |||
| Treynor Ratio | 1.81 |
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Additional Tools for Renoworks Stock Analysis
When running Renoworks Software's price analysis, check to measure Renoworks Software'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 Renoworks Software is operating at the current time. Most of Renoworks Software's value examination focuses on studying past and present price action to predict the probability of Renoworks Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renoworks Software's price. Additionally, you may evaluate how the addition of Renoworks Software to your portfolios can decrease your overall portfolio volatility.