Re Royalties Stock Today
| RE Stock | CAD 0.48 0.03 5.88% |
Performance2 of 100
| Odds Of DistressOver 65
|
RE Royalties is selling for under 0.48 as of the 25th of April 2024; that is -5.88 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.47. RE Royalties has more than 65 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for RE Royalties are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Utilities |
RE Royalties Ltd. provides royalty financing solutions to renewable energy generation and development companies. It owns royalties from solar, wind, and hydro projects in Canada, Europe, and the United States. RE ROYALTIES operates under Asset Management classification in Canada and is traded on TSX Venture Exchange.. The company has 43.13 M outstanding shares of which 213 shares are at this time shorted by private and institutional investors with about 0.03 trading days to cover. More on RE Royalties
Moving together with RE Royalties Stock
| 0.66 | WN | George Weston Limited | PairCorr |
| 0.69 | L | Loblaw Companies Earnings Call This Week | PairCorr |
Moving against RE Royalties Stock
| 0.62 | MGA | Mega Uranium | PairCorr |
| 0.52 | CTC-A | Canadian Tire | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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RE Royalties 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. RE Royalties' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding RE Royalties or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Independent Power and Renewable Electricity Producers, Utilities - Renewable, Utilities, Utilities, Independent Power and Renewable Electricity Producers, Asset Management, Financial Services (View all Sectors) | ||||
RE Royalties' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to RE Royalties' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand RE Royalties' financial leverage. It provides some insight into what part of RE Royalties' total assets is financed by creditors.
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RE Royalties (RE) is traded on TSX Venture Exchange in Canada and employs 8 people. RE Royalties is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 20.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate RE Royalties's market, we take the total number of its shares issued and multiply it by RE Royalties'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. RE Royalties conducts business under Independent Power and Renewable Electricity Producers sector and is part of Utilities industry. The entity has 43.13 M outstanding shares of which 213 shares are at this time shorted by private and institutional investors with about 0.03 trading days to cover.
RE Royalties currently holds about 12.39 M in cash with (1.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38.
Check RE Royalties Probability Of Bankruptcy
Ownership AllocationRE Royalties secures a total of 43.13 Million outstanding shares. RE Royalties shows tangible 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. Please note that no matter how many assets the company retains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check RE Royalties Ownership Details
RE Royalties Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of RE Royalties jumping above the current price in 90 days from now is about 62.85%. The RE Royalties probability density function shows the probability of RE Royalties stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days RE Royalties has a beta of 0.3227 indicating as returns on the market go up, RE Royalties average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding RE Royalties will be expected to be much smaller as well. Additionally, rE Royalties has an alpha of 0.1049, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of RE Royalties to move above the current price in 90 days from now is about 62.85 (This RE Royalties probability density function shows the probability of RE Royalties Stock to fall within a particular range of prices over 90 days) .
RE Royalties Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. RE Royalties market risk premium is the additional return an investor will receive from holding RE Royalties 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 RE Royalties. 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 RE Royalties' alpha and beta are two of the key measurements used to evaluate RE Royalties' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.51 | |||
| Semi Deviation | 3.18 | |||
| Standard Deviation | 3.99 | |||
| Variance | 15.9 |
RE Royalties Stock Against Markets
Picking the right benchmark for RE Royalties 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 RE Royalties 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 RE Royalties is critical whether you are bullish or bearish towards RE Royalties at a given time. Please also check how RE Royalties' 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 RE Royalties 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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RE Royalties Corporate Management
Elected by the shareholders, the RE Royalties' board of directors comprises two types of representatives: RE Royalties inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RE Royalties. The board's role is to monitor RE Royalties' management team and ensure that shareholders' interests are well served. RE Royalties' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, RE Royalties' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Peter Leighton | Chief Officer | Profile | |
| Bernard CA | CEO Director | Profile | |
| Talia Beckett | Vice Sustainability | Profile | |
| Bryce Anderson | Vice Investments | Profile | |
| CGA CPA | Chief Officer | Profile | |
| Alistair Howard | Vice Development | Profile | |
| Trevor Thomas | Co Sec | Profile |
How to buy RE Royalties Stock?
Before investing in RE Royalties, 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 RE Royalties. To buy RE Royalties stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of RE Royalties. 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 RE Royalties stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located RE Royalties 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 RE Royalties 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 RE Royalties, 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 RE Royalties?
The danger of trading RE Royalties 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 RE Royalties 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 RE Royalties. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile RE Royalties 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 RE Royalties. 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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for RE Royalties Stock analysis
When running RE Royalties' price analysis, check to measure RE Royalties' 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 RE Royalties is operating at the current time. Most of RE Royalties' value examination focuses on studying past and present price action to predict the probability of RE Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RE Royalties' price. Additionally, you may evaluate how the addition of RE Royalties to your portfolios can decrease your overall portfolio volatility.
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