Renesas Electronics Stock Buy Hold or Sell Recommendation

RNECF Stock  USD 17.29  0.46  2.59%   
Assuming the 90 days horizon and your slightly conservative level of risk, our recommendation regarding Renesas Electronics is 'Strong Sell'. Macroaxis provides Renesas Electronics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RNECF positions. The advice algorithm takes into account all of Renesas Electronics' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Renesas Electronics' buy or sell advice are summarized below:
Real Value
14.49
Hype Value
17.29
Market Value
17.29
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Renesas Electronics given historical horizon and risk tolerance towards Renesas Electronics. When Macroaxis issues a 'buy' or 'sell' recommendation for Renesas Electronics, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Renesas Electronics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Renesas and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Renesas Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Execute Renesas Electronics Buy or Sell Advice

The Renesas recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Renesas Electronics. Macroaxis does not own or have any residual interests in Renesas Electronics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Renesas Electronics' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Renesas ElectronicsBuy Renesas Electronics
Strong Sell

Market Performance

Very WeakDetails

Volatility

Not too volatileDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Renesas Electronics has a Mean Deviation of 2.11, Semi Deviation of 2.57, Standard Deviation of 3.05, Variance of 9.31, Downside Variance of 10.24 and Semi Variance of 6.62
Our trade recommendations tool can cross-verify current analyst consensus on Renesas Electronics and to analyze the firm potential to grow in the current economic cycle. To make sure Renesas Electronics is not overpriced, please check all Renesas Electronics fundamentals, including its cash per share, earnings per share, and the relationship between the ebitda and current ratio . Given that Renesas Electronics has a price to earning of 37.80 X, we recommend you to check out Renesas Electronics market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Renesas Electronics Trading Alerts and Improvement Suggestions

Renesas Electronics generated a negative expected return over the last 90 days
Renesas Electronics has high historical volatility and very poor performance
About 29.0% of the company outstanding shares are owned by corporate insiders

Renesas Electronics Returns Distribution Density

The distribution of Renesas Electronics' historical returns is an attempt to chart the uncertainty of Renesas Electronics' future price movements. The chart of the probability distribution of Renesas Electronics daily returns describes the distribution of returns around its average expected value. We use Renesas Electronics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Renesas Electronics returns is essential to provide solid investment advice for Renesas Electronics.
Mean Return
0.03
Value At Risk
-4.29
Potential Upside
5.83
Standard Deviation
3.05
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Renesas Electronics historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Renesas Electronics Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Renesas Electronics or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Renesas Electronics' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Renesas pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.04
β
Beta against NYSE Composite-0.11
σ
Overall volatility
3.15
Ir
Information ratio -0.03

Renesas Electronics Volatility Alert

Renesas Electronics shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Renesas Electronics' pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Renesas Electronics' pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Renesas Electronics Fundamentals Vs Peers

Comparing Renesas Electronics' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Renesas Electronics' direct or indirect competition across all of the common fundamentals between Renesas Electronics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Renesas Electronics or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Renesas Electronics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Renesas Electronics by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Renesas Electronics to competition
FundamentalsRenesas ElectronicsPeer Average
Return On Equity0.19-0.31
Return On Asset0.1-0.14
Profit Margin0.17 %(1.27) %
Operating Margin0.28 %(5.51) %
Current Valuation20.77 B16.62 B
Shares Outstanding1.79 B571.82 M
Shares Owned By Insiders29.25 %10.09 %
Shares Owned By Institutions26.37 %39.21 %
Price To Earning37.80 X28.72 X
Price To Book1.43 X9.51 X
Price To Sales0.01 X11.42 X
Revenue994.42 B9.43 B
Gross Profit857.19 B27.38 B
EBITDA324.09 B3.9 B
Net Income127.26 B570.98 M
Cash And Equivalents312.79 B2.7 B
Cash Per Share175.12 X5.01 X
Total Debt692.98 B5.32 B
Debt To Equity0.49 %48.70 %
Current Ratio1.31 X2.16 X
Book Value Per Share853.52 X1.93 K
Cash Flow From Operations307.38 B971.22 M
Earnings Per Share1.06 X3.12 X
Number Of Employees3618.84 K
Beta1.34-0.15
Market Capitalization21.89 B19.03 B
Total Asset2.41 T29.47 B
Retained Earnings181.62 B9.33 B
Working Capital341.63 B1.48 B
Current Asset511.62 B9.34 B
Current Liabilities169.99 B7.9 B
Net Asset2.41 T

Renesas Electronics Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Renesas . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Renesas Electronics Buy or Sell Advice

When is the right time to buy or sell Renesas Electronics? Buying financial instruments such as Renesas Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Renesas Electronics in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Broad Commodities ETFs Thematic Idea Now

Broad Commodities ETFs
Broad Commodities ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Commodities ETFs theme has 25 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Broad Commodities ETFs Theme or any other thematic opportunities.
View All  Next Launch
Check out Renesas Electronics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note that the Renesas Electronics information on this page should be used as a complementary analysis to other Renesas Electronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Renesas Pink Sheet analysis

When running Renesas Electronics' price analysis, check to measure Renesas Electronics' 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 Renesas Electronics is operating at the current time. Most of Renesas Electronics' value examination focuses on studying past and present price action to predict the probability of Renesas Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renesas Electronics' price. Additionally, you may evaluate how the addition of Renesas Electronics to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Please note, there is a significant difference between Renesas Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Renesas Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renesas Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.