Renova Energia (Brazil) Analysis
| RNEW3 Stock | BRL 0.97 0.02 2.02% |
Renova Energia SA is overvalued with Real Value of 0.87 and Hype Value of 0.97. The main objective of Renova Energia stock analysis is to determine its intrinsic value, which is an estimate of what Renova Energia SA is worth, separate from its market price. There are two main types of Renova Energia's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Renova Energia's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Renova Energia's stock to identify patterns and trends that may indicate its future price movements.
The Renova Energia stock is traded in Brazil on Sao Paulo Exchange, with the market opening at 10:00:00 and closing at 18:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Brazil. Renova Energia is usually not traded on IndependenceDay, OurLadyOfAparecidaDay, All Souls ' Day, ProclamationOfRepublicDay, Christmas Day, Market Holiday, New Year 's Day, TiradentesDay, International Workers ' Day. Renova Stock trading window is adjusted to America/Sao Paulo timezone.
Renova |
Renova Stock Analysis Notes
About 26.0% of the company outstanding shares are owned by corporate insiders. The book value of Renova Energia was at this time reported as 1.97. The company last dividend was issued on the 2nd of May 2016. Renova Energia SA had 1:10 split on the 22nd of November 2018. 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. To find out more about Renova Energia SA contact Daniel Gallo at 55 11 3509 1100 or learn more at https://www.renovaenergia.com.br.Renova Energia SA Investment Alerts
| Renova Energia SA generated a negative expected return over the last 90 days | |
| Renova Energia SA has some characteristics of a very speculative penny stock | |
| Renova Energia SA has high historical volatility and very poor performance | |
| Renova Energia SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Renova Energia SA has accumulated 958.2 M in total debt with debt to equity ratio (D/E) of 136.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Renova Energia SA has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Renova Energia until it has trouble settling it off, either with new capital or with free cash flow. So, Renova Energia's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Renova Energia SA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Renova to invest in growth at high rates of return. When we think about Renova Energia's use of debt, we should always consider it together with cash and equity. | |
| Renova Energia SA has accumulated about 354.11 M in cash with (147.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.92, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 26.0% of Renova Energia outstanding shares are owned by corporate insiders |
Renova Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 520.4 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Renova Energia's market, we take the total number of its shares issued and multiply it by Renova Energia'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.Renova Profitablity
Renova Energia's profitability indicators refer to fundamental financial ratios that showcase Renova Energia's ability to generate income relative to its revenue or operating costs. If, let's say, Renova Energia is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Renova Energia's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Renova Energia's profitability requires more research than a typical breakdown of Renova Energia's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 1.08 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.5) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.5. Technical Drivers
As of the 3rd of December, Renova Energia holds the Risk Adjusted Performance of 0.0136, coefficient of variation of 13040.9, and Semi Deviation of 2.98. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Renova Energia, as well as the relationship between them. Please check Renova Energia SA jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Renova Energia SA is priced some-what accurately, providing market reflects its current price of 0.97 per share.Renova Energia SA Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Renova Energia middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Renova Energia SA. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Renova Energia Predictive Daily Indicators
Renova Energia intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Renova Energia stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Renova Energia Forecast Models
Renova Energia's time-series forecasting models are one of many Renova Energia'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 Renova Energia'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.About Renova Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Renova Energia prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Renova shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Renova Energia. By using and applying Renova Stock analysis, traders can create a robust methodology for identifying Renova entry and exit points for their positions.
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.
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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.