Renesas Electronics Corporation Q4 2023 Earnings Call Transcript - Seeking Alpha
| RNECY Stock | USD 6.55 0.06 0.92% |
Slightly above 53% of Renesas Electronics' investor base is interested to short. The analysis of overall sentiment of trading Renesas Electronics Corp pink sheet suggests that many investors are impartial at this time. Renesas Electronics' investing sentiment can be driven by a variety of factors including economic data, Renesas Electronics' earnings reports, geopolitical events, and overall market trends.
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Renesas Electronics Corporation Q4 2023 Earnings Call Transcript Seeking Alpha
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Renesas Electronics Fundamental Analysis
We analyze Renesas Electronics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renesas Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renesas Electronics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Operating Margin
Operating Margin Comparative Analysis
Renesas Electronics is currently under evaluation in operating margin category among its peers. Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Renesas Electronics Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Renesas Electronics pink sheet to make a market-neutral strategy. Peer analysis of Renesas Electronics could also be used in its relative valuation, which is a method of valuing Renesas Electronics by comparing valuation metrics with similar companies.
Peers
Renesas Electronics Related Equities
| ICG | Intchains Group | 3.63 | ||||
| DIOD | Diodes Incorporated | 3.62 | ||||
| VSH | Vishay Intertechnology | 3.10 | ||||
| SLAB | Silicon Laboratories | 2.74 | ||||
| MTSI | MACOM Technology | 2.41 | ||||
| IFNNF | Infineon Technologies | 2.24 | ||||
| POWI | Power Integrations | 2.03 | ||||
| FORM | FormFactor | 1.35 | ||||
| ROHCY | Rohm Co | 1.30 | ||||
| NXPI | NXP Semiconductors | 0.81 | ||||
| AMKR | Amkor Technology | 0.72 | ||||
| RNECF | Renesas Electronics | 0.47 | ||||
| MCHP | Microchip Technology | 0.27 | ||||
| STM | STMicroelectronics | 0.16 | ||||
| MXL | MaxLinear | 1.27 | ||||
| STMEF | STMicroelectronics | 1.93 | ||||
| GUER | Guerrilla | 43.33 |
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.