REN Redes Financials
| RENE Stock | EUR 2.46 0.01 0.41% |
REN |
Understanding current and past REN Redes Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of REN Redes' financial statements are interrelated, with each one affecting the others. For example, an increase in REN Redes' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in REN Redes' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of REN Redes. Check REN Redes' Beneish M Score to see the likelihood of REN Redes' management manipulating its earnings.
REN Redes Stock Summary
REN Redes competes with EDP Renovaveis, Galp Energia, Sonae SGPS, Banco Comercial, and REN Redes. REN - Redes Energticas Nacionais, SGPS, S.A., through its subsidiaries, engages in the transmission of electricity and natural gas in Portugal. The company was founded in 1994 and is headquartered in Lisbon, Portugal. Reneuron Group operates under Utilities - Diversified classification in Exotistan and is traded on Commodity Exchange. It employs 675 people.| Foreign Associate | USA |
| Instrument | Portugal Stock View All |
| Exchange | Euronext Lisbon |
| ISIN | PTREL0AM0008 |
| Business Address | Avenida Estados Unidos |
| Sector | Multi-Utilities |
| Industry | Utilities |
| Benchmark | Dow Jones Industrial |
| Website | www.ren.pt |
| Phone | 351 21 001 3500 |
| Currency | EUR - Euro |
You should never invest in REN Redes without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of REN Stock, because this is throwing your money away. Analyzing the key information contained in REN Redes' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
REN Redes Key Financial Ratios
There are many critical financial ratios that REN Redes' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that REN Redes reports annually and quarterly.| Return On Equity | 0.0775 | |||
| Return On Asset | 0.0231 | |||
| Target Price | 2.7 | |||
| Number Of Employees | 697 | |||
| Beta | 0.35 |
REN Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining REN Redes's current stock value. Our valuation model uses many indicators to compare REN Redes value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across REN Redes competition to find correlations between indicators driving REN Redes's intrinsic value. More Info.REN Redes is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for REN Redes is roughly 3.35 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the REN Redes' earnings, one of the primary drivers of an investment's value.REN Redes Systematic Risk
REN Redes' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. REN Redes volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on REN Redes correlated with the market. If Beta is less than 0 REN Redes generally moves in the opposite direction as compared to the market. If REN Redes Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one REN Redes is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of REN Redes is generally in the same direction as the market. If Beta > 1 REN Redes moves generally in the same direction as, but more than the movement of the benchmark.
REN Redes December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of REN Redes help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of REN Redes. We use our internally-developed statistical techniques to arrive at the intrinsic value of REN Redes based on widely used predictive technical indicators. In general, we focus on analyzing REN Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build REN Redes's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8006 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 2.16 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 0.8772 |
Additional Tools for REN Stock Analysis
When running REN Redes' price analysis, check to measure REN Redes' 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 REN Redes is operating at the current time. Most of REN Redes' value examination focuses on studying past and present price action to predict the probability of REN Redes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move REN Redes' price. Additionally, you may evaluate how the addition of REN Redes to your portfolios can decrease your overall portfolio volatility.