EDP Financial Statements From 2010 to 2024
| EDPR Stock | EUR 15.17 0.09 0.60% |
Check EDP Renovaveis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EDP main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . EDP financial statements analysis is a perfect complement when working with EDP Renovaveis Valuation or Volatility modules.
EDP |
EDP Renovaveis Company Operating Margin Analysis
EDP Renovaveis' Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current EDP Renovaveis Operating Margin | 0.36 % |
Most of EDP Renovaveis' fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EDP Renovaveis is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, EDP Renovaveis has an Operating Margin of 0.3648%. This is 98.18% lower than that of the Independent Power and Renewable Electricity Producers sector and 99.04% lower than that of the Utilities industry. The operating margin for all Portugal stocks is 106.62% lower than that of the firm.
EDP Renovaveis Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining EDP Renovaveis's current stock value. Our valuation model uses many indicators to compare EDP Renovaveis value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EDP Renovaveis competition to find correlations between indicators driving EDP Renovaveis's intrinsic value. More Info.EDP Renovaveis is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies reporting about 0.17 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for EDP Renovaveis is roughly 5.89 . Comparative valuation analysis is a catch-all model that can be used if you cannot value EDP Renovaveis by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EDP Renovaveis' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 EDP Renovaveis' earnings, one of the primary drivers of an investment's value.About EDP Renovaveis Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include EDP Renovaveis income statement, its balance sheet, and the statement of cash flows. EDP Renovaveis investors use historical funamental indicators, such as EDP Renovaveis's revenue or net income, to determine how well the company is positioned to perform in the future. Although EDP Renovaveis investors may use each financial statement separately, they are all related. The changes in EDP Renovaveis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on EDP Renovaveis's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on EDP Renovaveis Financial Statements. Understanding these patterns can help to make the right decision on long term investment in EDP Renovaveis. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with EDP Renovaveis
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EDP Renovaveis position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EDP Renovaveis will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to EDP Renovaveis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EDP Renovaveis when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EDP Renovaveis - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EDP Renovaveis to buy it.
The correlation of EDP Renovaveis is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EDP Renovaveis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EDP Renovaveis moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EDP Renovaveis can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of EDP Renovaveis Correlation against competitors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for EDP Stock analysis
When running EDP Renovaveis' price analysis, check to measure EDP Renovaveis' 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 EDP Renovaveis is operating at the current time. Most of EDP Renovaveis' value examination focuses on studying past and present price action to predict the probability of EDP Renovaveis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDP Renovaveis' price. Additionally, you may evaluate how the addition of EDP Renovaveis to your portfolios can decrease your overall portfolio volatility.
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