Renergen (South Africa) Analysis

Renergen Stock Analysis Notes

About 36.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.28. Renergen had not issued any dividends in recent years. The entity had 971:953 split on the 14th of November 2018. To find out more about Renergen contact Stefano Marani at 27 10 045 6000 or learn more at https://www.renergen.co.za.

Renergen Investment Alerts

Renergen Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.22 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Renergen's market, we take the total number of its shares issued and multiply it by Renergen's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 1st of December, Renergen holds the Risk Adjusted Performance of (0.15), coefficient of variation of (496.88), and Variance of 6.77. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Renergen, as well as the relationship between them. Please check Renergen coefficient of variation, treynor ratio, skewness, as well as the relationship between the variance and value at risk to decide if Renergen is priced some-what accurately, providing market reflects its current price of 821.0 per share.

Renergen Price Movement Analysis

Renergen Outstanding Bonds

Renergen Predictive Daily Indicators

Renergen Forecast Models

Renergen's time-series forecasting models are one of many Renergen's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Renergen's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

When running Renergen's price analysis, check to measure Renergen'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 Renergen is operating at the current time. Most of Renergen's value examination focuses on studying past and present price action to predict the probability of Renergen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renergen's price. Additionally, you may evaluate how the addition of Renergen to your portfolios can decrease your overall portfolio volatility.