ReNew Price Fair Value from 2010 to 2024

RNWWW Stock  USD 0.21  0.03  12.50%   
ReNew Energy Price Fair Value yearly trend continues to be fairly stable with very little volatility. Price Fair Value will likely drop to 1.65 in 2024. During the period from 2010 to 2024, ReNew Energy Price Fair Value regression line of quarterly data had mean square error of  0.57 and geometric mean of  3.54. View All Fundamentals
 
Price Fair Value  
First Reported
2010-12-31
Previous Quarter
1.73705491
Current Value
1.65
Quarterly Volatility
1.38185438
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ReNew Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ReNew Energy's main balance sheet or income statement drivers, such as Tax Provision of 3.2 B, Interest Income of 2.6 B or Depreciation And Amortization of 14.7 B, as well as many indicators such as Price To Sales Ratio of 2.14, Dividend Yield of 0.063 or PTB Ratio of 1.65. ReNew financial statements analysis is a perfect complement when working with ReNew Energy Valuation or Volatility modules.
  
Check out the analysis of ReNew Energy Correlation against competitors.

Latest ReNew Energy's Price Fair Value Growth Pattern

Below is the plot of the Price Fair Value of ReNew Energy Global over the last few years. It is ReNew Energy's Price Fair Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ReNew Energy's overall financial position and show how it may be relating to other accounts over time.
Price Fair Value10 Years Trend
Slightly volatile
   Price Fair Value   
       Timeline  

ReNew Price Fair Value Regression Statistics

Arithmetic Mean3.84
Geometric Mean3.54
Coefficient Of Variation35.94
Mean Deviation1.16
Median4.42
Standard Deviation1.38
Sample Variance1.91
Range3.6078
R-Value(0.85)
Mean Square Error0.57
R-Squared0.72
Significance0.000058
Slope(0.26)
Total Sum of Squares26.73

ReNew Price Fair Value History

2024 1.65
2023 1.74
2022 1.61
2021 2.1
2020 4.73
2019 4.42
2018 4.0

About ReNew Energy Financial Statements

ReNew Energy investors use historical fundamental indicators, such as ReNew Energy's Price Fair Value, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ReNew Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Fair Value 1.74  1.65 

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Additional Tools for ReNew Stock Analysis

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