As of the 20th of February, Renoworks Software holds the insignificant Risk Adjusted Performance, coefficient of variation of (5,855), and Variance of 37.41. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Renoworks Software, as well as the relationship between them. Please check Renoworks Softwaremarket risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Renoworks Software is priced some-what accurately, providing market reflects its current price of 0.4 per share.
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Renoworks, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Renoworks
Renoworks
Renoworks Software's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
It's important to distinguish between Renoworks Software's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Renoworks Software should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Renoworks Software's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
Renoworks Software 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Renoworks Software's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Renoworks Software.
0.00
11/22/2025
No Change 0.00
0.0
In 2 months and 31 days
02/20/2026
0.00
If you would invest 0.00 in Renoworks Software on November 22, 2025 and sell it all today you would earn a total of 0.00 from holding Renoworks Software or generate 0.0% return on investment in Renoworks Software over 90 days. Renoworks Software is related to or competes with Resaas Services, NowVertical, Clip Money, LQwD FinTech, Prostar Holdings, East Side, and Ynvisible Interactive. RenoWorks Software Inc. develops and distributes digital visualization software for the renovation and new home construc... More
Renoworks Software Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Renoworks Software's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Renoworks Software upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Renoworks Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Renoworks Software's standard deviation. In reality, there are many statistical measures that can use Renoworks Software historical prices to predict the future Renoworks Software's volatility.
Renoworks Software maintains Sharpe Ratio (i.e., Efficiency) of -0.0989, which implies the firm had a -0.0989 % return per unit of risk over the last 3 months. Renoworks Software exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Renoworks Software's insignificant Risk Adjusted Performance, variance of 37.41, and Coefficient Of Variation of (5,855) to confirm the risk estimate we provide. The company holds a Beta of 1.69, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Renoworks Software will likely underperform. At this point, Renoworks Software has a negative expected return of -0.45%. Please make sure to check Renoworks Software's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Renoworks Software performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.06
Very weak reverse predictability
Renoworks Software has very weak reverse predictability. Overlapping area represents the amount of predictability between Renoworks Software time series from 22nd of November 2025 to 6th of January 2026 and 6th of January 2026 to 20th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Renoworks Software price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Renoworks Software price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.06
Spearman Rank Test
-0.14
Residual Average
0.0
Price Variance
0.0
Renoworks Software 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.
A focus of Renoworks Software technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Renoworks Software trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...
Renoworks Software Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Renoworks Software volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Renoworks Software Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Renoworks Software on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Renoworks Software based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Renoworks Software price pattern first instead of the macroeconomic environment surrounding Renoworks Software. By analyzing Renoworks Software's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Renoworks Software's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Renoworks Software specific price patterns or momentum indicators. Please read more on our technical analysis page.
Renoworks Software February 20, 2026 Technical Indicators
Most technical analysis of Renoworks help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Renoworks from various momentum indicators to cycle indicators. When you analyze Renoworks charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Renoworks Software February 20, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Renoworks stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When running Renoworks Software's price analysis, check to measure Renoworks Software'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 Renoworks Software is operating at the current time. Most of Renoworks Software's value examination focuses on studying past and present price action to predict the probability of Renoworks Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renoworks Software's price. Additionally, you may evaluate how the addition of Renoworks Software to your portfolios can decrease your overall portfolio volatility.