Ren Redes (Germany) Today
| RN4 Stock | EUR 2.19 0.01 0.45% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Ren Redes is trading at 2.19 as of the 19th of April 2024. This is a -0.45 percent down since the beginning of the trading day. The stock's lowest day price was 2.19. Ren Redes has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Ren Redes Energeticas are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
REN - Redes Energticas Nacionais, SGPS, S.A., through its subsidiaries, engages in the transmission of electricity and natural gas in Portugal. The company was founded in 1994 and is headquartered in Lisbon, Portugal. REN REDES operates under Utilities - Diversified classification in Germany and is traded on Frankfurt Stock Exchange. The company has 663.31 M outstanding shares. More on Ren Redes Energeticas
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Follow Valuation Odds of Bankruptcy
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Ren Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ren Redes' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ren Redes or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Guangchao Zhu |
| Business Concentration | Utilities - Diversified, Utilities (View all Sectors) |
Ren Redes Energeticas (RN4) is traded on Frankfurt Exchange in Germany and employs 697 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ren Redes's market, we take the total number of its shares issued and multiply it by Ren Redes'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. Ren Redes Energeticas classifies itself under Utilities sector and is part of Utilities - Diversified industry. The entity has 663.31 M outstanding shares.
Ren Redes Energeticas has accumulated about 25.36 M in cash with 700.04 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Ren Redes Probability Of Bankruptcy
Ownership AllocationRen Redes Energeticas has a total of 663.31 Million outstanding shares. Ren Redes has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Ren Ownership Details
Ren Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Ren Redes jumping above the current price in 90 days from now is about 67.34%. The Ren Redes Energeticas probability density function shows the probability of Ren Redes stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Ren Redes has a beta of 0.1963 indicating as returns on the market go up, Ren Redes average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ren Redes Energeticas will be expected to be much smaller as well. Additionally, ren Redes Energeticas has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Ren Redes to move above the current price in 90 days from now is about 67.34 (This Ren Redes Energeticas probability density function shows the probability of Ren Stock to fall within a particular range of prices over 90 days) .
Ren Redes Energeticas Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ren Redes market risk premium is the additional return an investor will receive from holding Ren Redes long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ren Redes. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ren Redes' alpha and beta are two of the key measurements used to evaluate Ren Redes' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7445 | |||
| Standard Deviation | 0.9496 | |||
| Variance | 0.9017 | |||
| Risk Adjusted Performance | (0.05) |
Ren Stock Against Markets
Picking the right benchmark for Ren Redes stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ren Redes stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ren Redes is critical whether you are bullish or bearish towards Ren Redes Energeticas at a given time. Please also check how Ren Redes' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ren Redes without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Ren Redes Corporate Directors
Ren Redes corporate directors refer to members of a Ren Redes board of directors. The board of directors generally takes responsibility for the Ren Redes' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ren Redes' board members must vote for the resolution. The Ren Redes board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jose Blanco | Non-Executive Director | Profile | |
| Joao Conceicao | Executive Director | Profile | |
| Longhua Jiang | Director | Profile | |
| Omar AlWahaibi | Director | Profile |
How to buy Ren Stock?
Before investing in Ren Redes, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ren Redes. To buy Ren Redes stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ren Redes. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ren Redes stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ren Redes Energeticas stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ren Redes Energeticas stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ren Redes Energeticas, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Ren Redes Energeticas?
The danger of trading Ren Redes Energeticas is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ren Redes is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ren Redes. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ren Redes Energeticas is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ren Redes Energeticas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Ren Stock analysis
When running Ren Redes' price analysis, check to measure Ren Redes' 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 Ren Redes is operating at the current time. Most of Ren Redes' value examination focuses on studying past and present price action to predict the probability of Ren Redes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ren Redes' price. Additionally, you may evaluate how the addition of Ren Redes to your portfolios can decrease your overall portfolio volatility.
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