Ren Redes (Germany) Performance
| RN4 Stock | EUR 2.19 0.01 0.45% |
The company holds a Beta of 0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, Ren Redes' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ren Redes is expected to be smaller as well. Ren Redes Energeticas has an expected return of -0.0662%. Please make sure to check Ren Redes Energeticas total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if Ren Redes Energeticas performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Ren Redes Energeticas has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Ren Redes is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 61.2 M | |
| Total Cashflows From Investing Activities | -159.7 M |
Ren |
Ren Redes Relative Risk vs. Return Landscape
If you would invest 229.00 in Ren Redes Energeticas on January 20, 2024 and sell it today you would lose (10.00) from holding Ren Redes Energeticas or give up 4.37% of portfolio value over 90 days. Ren Redes Energeticas is currently producing negative expected returns and takes up 0.9669% volatility of returns over 90 trading days. Put another way, 8% of traded stocks are less volatile than Ren, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Ren Redes Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ren Redes' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ren Redes Energeticas, and traders can use it to determine the average amount a Ren Redes' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0685
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| Negative Returns | RN4 |
Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ren Redes is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ren Redes by adding Ren Redes to a well-diversified portfolio.
Ren Redes Fundamentals Growth
Ren Stock prices reflect investors' perceptions of the future prospects and financial health of Ren Redes, and Ren Redes fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ren Stock performance.
| Return On Equity | 0.0775 | |||
| Return On Asset | 0.0231 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.25 % | |||
| Current Valuation | 3.61 B | |||
| Shares Outstanding | 663.31 M | |||
| Price To Earning | 13.91 X | |||
| Price To Book | 1.16 X | |||
| Price To Sales | 2.12 X | |||
| Revenue | 781.09 M | |||
| EBITDA | 464.05 M | |||
| Cash And Equivalents | 25.36 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 2.39 B | |||
| Debt To Equity | 195.70 % | |||
| Book Value Per Share | 2.23 X | |||
| Cash Flow From Operations | 700.04 M | |||
| Earnings Per Share | 0.21 X | |||
| Total Asset | 5.59 B | |||
About Ren Redes Performance
To evaluate Ren Redes Energeticas Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Ren Redes generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Ren Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Ren Redes Energeticas market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Ren's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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. It employs 675 people.Things to note about Ren Redes Energeticas performance evaluation
Checking the ongoing alerts about Ren Redes for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ren Redes Energeticas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ren Redes generated a negative expected return over the last 90 days | |
| Ren Redes has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 2.39 B in total debt with debt to equity ratio (D/E) of 195.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ren Redes Energeticas has a current ratio of 0.48, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Ren Redes until it has trouble settling it off, either with new capital or with free cash flow. So, Ren Redes' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ren Redes Energeticas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ren to invest in growth at high rates of return. When we think about Ren Redes' use of debt, we should always consider it together with cash and equity. | |
| About 42.0% of Ren Redes outstanding shares are owned by corporate insiders |
- Analyzing Ren Redes' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ren Redes' stock is overvalued or undervalued compared to its peers.
- Examining Ren Redes' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ren Redes' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ren Redes' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ren Redes' stock. These opinions can provide insight into Ren Redes' potential for growth and whether the stock is currently undervalued or overvalued.
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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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