Renovare Financial Statements From 2010 to 2025
Renovare Environmental financial statements provide useful quarterly and yearly information to potential Renovare Environmental investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Renovare Environmental financial statements helps investors assess Renovare Environmental's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Renovare Environmental's valuation are summarized below:Renovare Environmental does not presently have any trending fundamental ratios for analysis.
This module can also supplement various Renovare Environmental Technical models . Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Check Renovare Environmental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Renovare Environmental's main balance sheet or income statement drivers, such as , as well as many indicators such as . Renovare financial statements analysis is a perfect complement when working with Renovare Environmental Valuation or Volatility modules.
Renovare |
Renovare Environmental Company Return On Equity Analysis
Renovare Environmental's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Renovare Environmental Return On Equity | -1.58 |
Most of Renovare Environmental's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Renovare Environmental is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Renovare Environmental has a Return On Equity of -1.5821. This is 459.57% lower than that of the Industrials sector and 50.56% lower than that of the Pollution & Treatment Controls industry. The return on equity for all United States stocks is notably higher than that of the company.
Renovare Environmental Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Renovare Environmental's current stock value. Our valuation model uses many indicators to compare Renovare Environmental value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Renovare Environmental competition to find correlations between indicators driving Renovare Environmental's intrinsic value. More Info.Renovare Environmental is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Renovare Environmental by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Renovare Environmental's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Pair Trading with Renovare Environmental
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Renovare Environmental position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Renovare Environmental will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Patterson Companies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Patterson Companies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Patterson Companies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Patterson Companies to buy it.
The correlation of Patterson Companies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Patterson Companies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Patterson Companies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Patterson Companies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in Renovare Pink Sheet
If you are still planning to invest in Renovare Environmental check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Renovare Environmental's history and understand the potential risks before investing.
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