Renesola Story

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It appears without question that Renesola will continue to recover much faster as its share price surged up 25.24% today. The entity's current daily volatility is 6.53 percent, with a beta of -0.06 and an alpha of 0.44 over DOW. While some millenniums are indifferent towards current market changes, it makes sense to summarize Renesola Ltd American. We will cover the possibilities of making Renesola into a steady grower in October.
Published over a month ago
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How risky is Renesola Ltd American after the new volatility hike?
Renesola American runs under Technology sector within Solar industry. We provide trade recommendations to complement the recent expert consensus on Renesola American. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time.
Investing in Renesola, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Renesola along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.

How important is Renesola's Liquidity

Renesola financial leverage refers to using borrowed capital as a funding source to finance Renesola Ltd American ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Renesola financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Renesola's total debt and its cash.

How Renesola utilizes its cash?

To perform a cash flow analysis of Renesola, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Renesola is receiving and how much cash it distributes out in a given period. The Renesola cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Another Deeper Perspective

Renesola is dangerous given 1 month investment horizon. Renesola American maintains Sharpe Ratio (i.e. Efficiency) of 0.21, which implies the firm had 0.21% of return per unit of risk over the last month. Our standpoint towards forecasting the risk of a stock is to use both market data as well as company specific technical data. We are able to interpolate and collect twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.39% are justified by taking the suggested risk. Use Renesola Risk Adjusted Performance of 0.1164, coefficient of variation of 1017.83, and Semi Deviation of 3.87 to evaluate company specific risk that cannot be diversified away.
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Our take on today Renesola hike

The coefficient of variation is down to 1017.83 as of today. Renesola Ltd American shows above-average downside volatility for the selected time horizon. We advise investors to inspect Renesola Ltd American further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Renesola future alpha.

The Current Takeaway on Renesola Investment

While few other entities under the solar industry are still a bit expensive, Renesola may offer a potential longer-term growth to stakeholders. The inconsistency in the assessment between current Renesola valuation and our trade advice on Renesola is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Renesola.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Renesola Ltd American. Please refer to our Terms of Use for any information regarding our disclosure principles.

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