Renova Energia (Brazil) Price History
RNEW3 Stock | BRL 0.99 0.02 2.06% |
If you're considering investing in Renova Stock, it is important to understand the factors that can impact its price. As of today, the current price of Renova Energia stands at 0.99, as last reported on the 4th of December, with the highest price reaching 0.99 and the lowest price hitting 0.96 during the day. Renova Energia SA maintains Sharpe Ratio (i.e., Efficiency) of -0.006, which implies the firm had a -0.006% return per unit of risk over the last 3 months. Renova Energia SA exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Renova Energia's Risk Adjusted Performance of 0.0136, coefficient of variation of 13040.9, and Semi Deviation of 2.98 to confirm the risk estimate we provide.
Renova Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Renova |
Sharpe Ratio = -0.006
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Estimated Market Risk
3.48 actual daily | 30 70% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Renova Energia 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 Renova Energia by adding Renova Energia to a well-diversified portfolio.
Renova Energia Stock Price History Chart
There are several ways to analyze Renova Stock price data. The simplest method is using a basic Renova candlestick price chart, which shows Renova Energia price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 17, 2024 | 1.24 |
Lowest Price | September 23, 2024 | 0.95 |
Renova Energia December 4, 2024 Stock Price Synopsis
Various analyses of Renova Energia's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Renova Stock. It can be used to describe the percentage change in the price of Renova Energia from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Renova Stock.Renova Energia Accumulation Distribution | 721.21 | |
Renova Energia Price Rate Of Daily Change | 1.02 | |
Renova Energia Price Daily Balance Of Power | 0.67 | |
Renova Energia Price Action Indicator | 0.03 |
Renova Energia December 4, 2024 Stock Price Analysis
Renova Stock Price History Data
The price series of Renova Energia for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 has a statistical range of 0.29 with a coefficient of variation of 6.54. The price distribution for the period has arithmetic mean of 1.05. The median price for the last 90 days is 1.03. The company completed stock split (1:10) on 22nd of November 2018. Renova Energia SA had dividends distributed to its stock-holders on 2016-05-02.Open | High | Low | Close | Volume | ||
12/03/2024 | 0.96 | 0.99 | 0.96 | 0.99 | 23,800 | |
12/02/2024 | 0.99 | 0.99 | 0.94 | 0.97 | 33,800 | |
11/29/2024 | 0.98 | 1.00 | 0.95 | 0.99 | 92,200 | |
11/28/2024 | 0.98 | 1.01 | 0.97 | 0.97 | 65,100 | |
11/27/2024 | 0.99 | 1.02 | 0.98 | 0.99 | 80,800 | |
11/26/2024 | 0.99 | 1.02 | 0.99 | 1.01 | 33,100 | |
11/25/2024 | 1.01 | 1.02 | 0.99 | 1.00 | 26,500 | |
11/22/2024 | 1.00 | 1.03 | 0.99 | 0.99 | 64,700 | |
11/21/2024 | 1.01 | 1.03 | 0.98 | 1.03 | 60,500 | |
11/19/2024 | 1.04 | 1.04 | 0.99 | 0.99 | 34,500 | |
11/18/2024 | 0.99 | 1.04 | 0.99 | 1.00 | 114,700 | |
11/14/2024 | 1.03 | 1.03 | 0.98 | 0.99 | 95,500 | |
11/13/2024 | 1.05 | 1.05 | 0.98 | 1.00 | 230,800 | |
11/12/2024 | 1.05 | 1.10 | 1.04 | 1.04 | 56,600 | |
11/11/2024 | 1.06 | 1.08 | 1.05 | 1.05 | 66,600 | |
11/08/2024 | 1.07 | 1.10 | 1.06 | 1.08 | 55,700 | |
11/07/2024 | 1.08 | 1.10 | 1.05 | 1.07 | 82,500 | |
11/06/2024 | 1.03 | 1.08 | 1.03 | 1.08 | 146,800 | |
11/05/2024 | 1.05 | 1.06 | 1.02 | 1.03 | 98,100 | |
11/04/2024 | 1.05 | 1.08 | 1.04 | 1.04 | 73,900 | |
11/01/2024 | 1.07 | 1.08 | 1.04 | 1.04 | 90,400 | |
10/31/2024 | 1.05 | 1.08 | 1.05 | 1.05 | 41,600 | |
10/30/2024 | 1.06 | 1.07 | 1.03 | 1.05 | 120,600 | |
10/29/2024 | 1.08 | 1.08 | 1.04 | 1.06 | 144,900 | |
10/28/2024 | 1.17 | 1.17 | 1.09 | 1.09 | 217,000 | |
10/25/2024 | 1.15 | 1.18 | 1.11 | 1.17 | 118,800 | |
10/24/2024 | 1.09 | 1.16 | 1.08 | 1.15 | 118,400 | |
10/23/2024 | 1.12 | 1.12 | 1.08 | 1.09 | 70,100 | |
10/22/2024 | 1.22 | 1.22 | 1.11 | 1.13 | 241,800 | |
10/21/2024 | 1.26 | 1.30 | 1.21 | 1.22 | 188,700 | |
10/18/2024 | 1.25 | 1.27 | 1.20 | 1.22 | 141,300 | |
10/17/2024 | 1.21 | 1.29 | 1.20 | 1.24 | 176,400 | |
10/16/2024 | 1.19 | 1.26 | 1.15 | 1.21 | 425,500 | |
10/15/2024 | 1.14 | 1.18 | 1.12 | 1.15 | 213,500 | |
10/14/2024 | 1.09 | 1.15 | 1.09 | 1.13 | 36,700 | |
10/11/2024 | 1.18 | 1.20 | 1.09 | 1.10 | 120,900 | |
10/10/2024 | 1.05 | 1.20 | 1.01 | 1.15 | 427,900 | |
10/09/2024 | 1.01 | 1.04 | 1.01 | 1.02 | 82,900 | |
10/08/2024 | 1.05 | 1.06 | 1.01 | 1.01 | 82,000 | |
10/07/2024 | 1.05 | 1.06 | 1.00 | 1.05 | 133,200 | |
10/04/2024 | 1.04 | 1.04 | 1.00 | 1.04 | 30,400 | |
10/03/2024 | 1.06 | 1.06 | 0.98 | 1.02 | 60,100 | |
10/02/2024 | 1.06 | 1.09 | 1.00 | 1.03 | 106,800 | |
10/01/2024 | 1.13 | 1.13 | 1.02 | 1.02 | 691,900 | |
09/30/2024 | 1.15 | 1.19 | 1.11 | 1.11 | 171,800 | |
09/27/2024 | 1.05 | 1.18 | 1.05 | 1.12 | 467,900 | |
09/26/2024 | 1.02 | 1.06 | 1.01 | 1.05 | 150,300 | |
09/25/2024 | 0.95 | 1.05 | 0.91 | 1.01 | 340,400 | |
09/24/2024 | 0.96 | 0.96 | 0.94 | 0.95 | 76,000 | |
09/23/2024 | 0.95 | 0.97 | 0.92 | 0.95 | 49,300 | |
09/20/2024 | 0.97 | 0.98 | 0.94 | 0.98 | 44,500 | |
09/19/2024 | 0.97 | 1.01 | 0.96 | 0.96 | 27,200 | |
09/18/2024 | 0.99 | 1.00 | 0.95 | 0.97 | 107,400 | |
09/17/2024 | 1.03 | 1.03 | 0.97 | 0.99 | 78,200 | |
09/16/2024 | 1.00 | 1.02 | 0.99 | 1.02 | 29,400 | |
09/13/2024 | 1.01 | 1.02 | 0.97 | 1.00 | 170,000 | |
09/12/2024 | 1.03 | 1.04 | 0.99 | 0.99 | 43,300 | |
09/11/2024 | 1.03 | 1.03 | 1.01 | 1.01 | 12,200 | |
09/10/2024 | 1.06 | 1.07 | 1.00 | 1.02 | 219,700 | |
09/09/2024 | 1.08 | 1.08 | 1.04 | 1.05 | 18,300 | |
09/06/2024 | 1.05 | 1.08 | 1.04 | 1.07 | 60,700 |
About Renova Energia Stock history
Renova Energia 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 Renova is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Renova Energia SA 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 Renova Energia stock prices may prove useful in developing a viable investing in Renova Energia
Renova Energia S.A. develops, implements, and operates projects for the generation of energy from renewable sources in Brazil. The company was founded in 2001 and is based in So Paulo, Brazil. RENOVA ON is traded on Sao Paolo Stock Exchange in Brazil.
Renova Energia Stock Technical Analysis
Renova Energia 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.
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Renova Energia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Renova Energia's price direction in advance. Along with the technical and fundamental analysis of Renova Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Renova 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 | 0.0136 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.45) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.0256 |
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Volume Indicators |
Additional Tools for Renova Stock Analysis
When running Renova Energia's price analysis, check to measure Renova Energia'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 Renova Energia is operating at the current time. Most of Renova Energia's value examination focuses on studying past and present price action to predict the probability of Renova Energia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renova Energia's price. Additionally, you may evaluate how the addition of Renova Energia to your portfolios can decrease your overall portfolio volatility.