Renew Energy Global Stock Analysis
| RNWWW Stock | USD 0.15 0.02 15.38% |
ReNew Energy Global is overvalued with Real Value of 0.14 and Hype Value of 0.15. The main objective of ReNew Energy stock analysis is to determine its intrinsic value, which is an estimate of what ReNew Energy Global is worth, separate from its market price. There are two main types of ReNew Energy's stock analysis: fundamental analysis and technical analysis.
The ReNew Energy stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. ReNew Energy is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. ReNew Stock trading window is adjusted to America/New York timezone.
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ReNew Stock Analysis Notes
The company recorded a loss per share of 0.22. ReNew Energy Global had not issued any dividends in recent years. ReNew Energy Global plc generates power through non-conventional and renewable energy sources in India. ReNew Energy Global plc was incorporated in 2011 and is based in Gurugram, India. Renew Energy operates under UtilitiesRenewable classification in the United States and is traded on NASDAQ Exchange. It employs 1219 people. To find out more about ReNew Energy Global contact the company at 91 12 4489 6670 or learn more at https://www.renew.com.ReNew Energy Global Investment Alerts
| ReNew Energy Global generated a negative expected return over the last 90 days | |
| ReNew Energy Global has high historical volatility and very poor performance | |
| ReNew Energy Global has some characteristics of a very speculative penny stock | |
| ReNew Energy Global has a strong financial position based on the latest SEC filings |
ReNew Energy Thematic Classifications
In addition to having ReNew Energy stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | UtilitiesUSA Equities from Utilities industry as classified by Fama & French |
ReNew Profitablity
The company has Profit Margin (PM) of 0.02 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.46 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.46.Technical Drivers
As of the 24th of March, ReNew Energy holds the Coefficient Of Variation of (2,825), risk adjusted performance of (0.02), and Market Risk Adjusted Performance of (0.13). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ReNew Energy, as well as the relationship between them. Please check ReNew Energy Global standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if ReNew Energy Global is priced some-what accurately, providing market reflects its current price of 0.15 per share. As ReNew Energy Global appears to be a penny stock we also advise to check out its jensen alpha numbers.ReNew Energy Global Price Movement Analysis
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ReNew Energy Predictive Daily Indicators
ReNew Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ReNew Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.15 | |||
| Day Median Price | 0.15 | |||
| Day Typical Price | 0.15 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.02 |
ReNew Energy Forecast Models
ReNew Energy's time-series forecasting models are one of many ReNew Energy's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ReNew Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About ReNew Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how ReNew Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ReNew shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ReNew Energy. By using and applying ReNew Stock analysis, traders can create a robust methodology for identifying ReNew entry and exit points for their positions.
ReNew Energy Global plc generates power through non-conventional and renewable energy sources in India. ReNew Energy Global plc was incorporated in 2011 and is based in Gurugram, India. Renew Energy operates under UtilitiesRenewable classification in the United States and is traded on NASDAQ Exchange. It employs 1219 people.
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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.