Exclusive-Nissans electric comeback stalled by Ariya production woes - Marketscreener.com
RNO Stock | EUR 40.53 0.89 2.25% |
About 55% of Renault SA's investors are presently thinking to get in. The analysis of current outlook of investing in Renault SA suggests that some traders are interested regarding Renault SA's prospects. The current market sentiment, together with Renault SA's historical and current headlines, can help investors time the market. In addition, many technical investors use Renault SA stock news signals to limit their universe of possible portfolio assets.
Renault |
Exclusive-Nissans electric comeback stalled by Ariya production woes Marketscreener.com
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Renault SA Fundamental Analysis
We analyze Renault SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renault SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renault SA 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.
Current Valuation
Current Valuation Comparative Analysis
Renault SA is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Renault SA 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 Renault SA stock to make a market-neutral strategy. Peer analysis of Renault SA could also be used in its relative valuation, which is a method of valuing Renault SA by comparing valuation metrics with similar companies.
Peers
Renault SA Related Equities
CS | AXA SA | 1.48 | ||||
BNP | BNP Paribas | 0.89 | ||||
ACA | Credit Agricole | 0.72 | ||||
GLE | Societe Generale | 0.40 | ||||
CA | Carrefour | 1.10 |
Complementary Tools for Renault Stock analysis
When running Renault SA's price analysis, check to measure Renault SA'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 Renault SA is operating at the current time. Most of Renault SA's value examination focuses on studying past and present price action to predict the probability of Renault SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renault SA's price. Additionally, you may evaluate how the addition of Renault SA to your portfolios can decrease your overall portfolio volatility.
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