Renault SA (France) Price on November 8, 2023
| RNO Stock | EUR 44.10 0.34 0.78% |
If you're considering investing in Renault Stock, it is important to understand the factors that can impact its price. As of today, the current price of Renault SA stands at 44.10, as last reported on the 11th of December 2024, with the highest price reaching 44.27 and the lowest price hitting 43.65 during the day. Renault SA appears to be very steady, given 3 months investment horizon. Renault SA maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Renault SA, which you can use to evaluate the volatility of the company. Please evaluate Renault SA's Risk Adjusted Performance of 0.0927, semi deviation of 1.41, and Coefficient Of Variation of 834.31 to confirm if our risk estimates are consistent with your expectations.
Renault Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Renault |
Sharpe Ratio = 0.1268
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Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Renault SA is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Renault SA by adding it to a well-diversified portfolio.
Renault SA Valuation on November 8, 2023
It is possible to determine the worth of Renault SA on a given historical date. On November 8, 2023 Renault was worth 32.03 at the beginning of the trading date compared to the closed value of 32.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Renault SA stock. Still, in general, we apply an absolute valuation method to find Renault SA's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Renault SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Renault SA's related companies.
| Open | High | Low | Close | Volume | |
| 33.17 | 33.33 | 32.13 | 32.29 | 993,245 | |
11/08/2023 | 32.03 | 32.95 | 31.91 | 32.60 | 733,145 |
| 32.83 | 33.27 | 32.50 | 32.83 | 778,486 |
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Renault SA Trading Date Momentum on November 8, 2023
| On November 09 2023 Renault SA was traded for 32.83 at the closing time. The maximum traded price for the trading interval was 33.27 and the lowest daily price was 32.50 . The daily volume was recorded at 778.5 K. The volume of trading on 9th of November 2023 played a part in the next trading day price jump. The trading delta at closing time to the next closing price was 0.71% . The trading delta at closing time to the closing price today is 5.12% . |
Renault SA Fundamentals Correlations and Trends
By evaluating Renault SA's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Renault SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Renault financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Renault SA Stock history
Renault SA investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Renault is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Renault SA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Renault SA stock prices may prove useful in developing a viable investing in Renault SA
Renault SA designs, manufactures, sells, and distributes vehicles in France and internationally. The company was founded in 1898 and is based in Boulogne-Billancourt, France. RENAULT operates under Car Truck And Bus Manufacturers classification in France and is traded on Paris Stock Exchange. It employs 170158 people.
Renault SA Stock Technical Analysis
Renault SA 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.
Price Boundaries
Renault SA Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Renault SA December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Renault SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Renault SA shares will generate the highest return on investment. By undertsting and applying Renault SA stock market strength indicators, traders can identify Renault SA entry and exit signals to maximize returns
Renault SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Renault SA's price direction in advance. Along with the technical and fundamental analysis of Renault Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Renault to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0927 | |||
| Jensen Alpha | 0.2631 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0575 | |||
| Treynor Ratio | (0.49) |
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| Volume Indicators |
Complementary Tools for Renault Stock analysis
When running Renault SA's price analysis, check to measure Renault SA'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 Renault SA is operating at the current time. Most of Renault SA's value examination focuses on studying past and present price action to predict the probability of Renault SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renault SA's price. Additionally, you may evaluate how the addition of Renault SA to your portfolios can decrease your overall portfolio volatility.
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