Renoworks Software Stock Analysis

Renoworks Stock Analysis Notes

About 44.0% of the company outstanding shares are owned by corporate insiders. The company last dividend was issued on the December 29, 2010. RenoWorks Software Inc. develops and distributes digital visualization software for the renovation and new home construction sectors in the United States and Canada. It serves manufacturers, contractors, retailers, marketers, and builders. RENOWORKS SOFTWARE operates under Software - Application classification in Canada and is traded on TSX Venture Exchange. To find out more about Renoworks Software contact Doug Vickerson at 403 296 3880 or learn more at https://www.renoworks.com.

Renoworks Software Investment Alerts

Renoworks Software Thematic Classifications

Renoworks Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.15 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Renoworks Software's market, we take the total number of its shares issued and multiply it by Renoworks Software's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Renoworks Profitablity

The company has Profit Margin (PM) of (0.03) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04.

Management Efficiency

Renoworks Software has return on total asset (ROA) of (0.0831) % which means that it has lost $0.0831 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (26.5322) %, meaning that it created substantial loss on money invested by shareholders. Renoworks Software's management efficiency ratios could be used to measure how well Renoworks Software manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to climb to 7.65 in 2025, whereas Return On Tangible Assets are likely to drop (0.28) in 2025. At this time, Renoworks Software's Total Assets are fairly stable compared to the past year. Total Current Assets is likely to climb to about 1.8 M in 2025, despite the fact that Non Currrent Assets Other are likely to grow to (1.09).

Technical Drivers

As of the 24th of March, Renoworks Software holds the Variance of 11.19, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,384). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Renoworks Software, as well as the relationship between them. Please check Renoworks Software market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Renoworks Software is priced some-what accurately, providing market reflects its current price of 0.23 per share.

Renoworks Software Price Movement Analysis

Renoworks Software Outstanding Bonds

Renoworks Software Predictive Daily Indicators

Renoworks Software Forecast Models

Renoworks Software's time-series forecasting models are one of many Renoworks Software'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 Renoworks Software'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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Renoworks Software 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 Renoworks 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 Renoworks Software. By using and applying Renoworks Stock analysis, traders can create a robust methodology for identifying Renoworks entry and exit points for their positions.

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