EDP Renovaveis (Portugal) Today

EDPR Stock  EUR 13.38  0.42  3.24%   


0 of 100

Very Weak

Odds Of Distress

Less than 10

EDP Renovaveis is selling for under 13.38 as of the 28th of February 2024; that is 3.24 percent up since the beginning of the trading day. The stock's lowest day price was 12.89. EDP Renovaveis has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for EDP Renovaveis are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of March 2023 and ending today, the 28th of February 2024. Click here to learn more.

EDP 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. EDP Renovaveis' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding EDP Renovaveis or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanJoao Neto
Business ConcentrationUtilities, Independent Power and Renewable Electricity Producers, Electricity Distribution And Generation, Utilities (View all Sectors)
EDP Renovaveis (EDPR) is traded on Euronext Lisbon in Portugal and employs 2,968 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 19.2 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate EDP Renovaveis's market, we take the total number of its shares issued and multiply it by EDP Renovaveis'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. EDP Renovaveis operates under Independent Power and Renewable Electricity Producers sector and is part of Utilities industry. The entity has 960.56 M outstanding shares. EDP Renovaveis generates positive cash flow from operations, but has no cash available
Check EDP Renovaveis Probability Of Bankruptcy
Ownership Allocation
EDP Renovaveis retains a total of 960.56 Million outstanding shares. EDP Renovaveis shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 74.97 percent of EDP Renovaveis outstanding shares that are owned by insiders denotes they have been buying or selling the stock in recent months in anticipation of some upcoming event. 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 EDP Ownership Details

EDP Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of EDP Renovaveis jumping above the current price in 90 days from now is over 95.75%. The EDP Renovaveis probability density function shows the probability of EDP Renovaveis stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon EDP Renovaveis has a beta of 0.6591 suggesting as returns on the market go up, EDP Renovaveis average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EDP Renovaveis will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. EDP Renovaveis is significantly underperforming NYSE Composite.
  Odds Below 13.38HorizonTargetOdds Above 13.38
4.22%90 days
Based on a normal probability distribution, the odds of EDP Renovaveis to move above the current price in 90 days from now is over 95.75 (This EDP Renovaveis probability density function shows the probability of EDP Stock to fall within a particular range of prices over 90 days) .

EDP Renovaveis Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. EDP Renovaveis market risk premium is the additional return an investor will receive from holding EDP Renovaveis 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 EDP Renovaveis. 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 EDP Renovaveis' alpha and beta are two of the key measurements used to evaluate EDP Renovaveis' performance over the market, the standard measures of volatility play an important role as well.

EDP Stock Against Markets

Picking the right benchmark for EDP Renovaveis 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 EDP Renovaveis 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 EDP Renovaveis is critical whether you are bullish or bearish towards EDP Renovaveis at a given time. Please also check how EDP Renovaveis' 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 EDP Renovaveis 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.

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EDP Renovaveis Corporate Directors

EDP Renovaveis corporate directors refer to members of an EDP Renovaveis board of directors. The board of directors generally takes responsibility for the EDP Renovaveis' 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 EDP Renovaveis' board members must vote for the resolution. The EDP Renovaveis board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Miguel PradoDirectorProfile
Francisco CostaDirectorProfile
Francisca OliveiraNon-Executive Independent DirectorProfile
Miguel AmaroCFO, Executive DirectorProfile

How to buy EDP Stock?

Before investing in EDP Renovaveis, 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 EDP Renovaveis. To buy EDP Renovaveis stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of EDP Renovaveis. 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 EDP Renovaveis stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located EDP Renovaveis 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 EDP Renovaveis 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 EDP Renovaveis, 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 EDP Renovaveis?

The danger of trading EDP Renovaveis 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 EDP Renovaveis 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 EDP Renovaveis. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile EDP Renovaveis 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EDP Renovaveis. 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running EDP Renovaveis' price analysis, check to measure EDP Renovaveis' 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 EDP Renovaveis is operating at the current time. Most of EDP Renovaveis' value examination focuses on studying past and present price action to predict the probability of EDP Renovaveis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDP Renovaveis' price. Additionally, you may evaluate how the addition of EDP Renovaveis to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between EDP Renovaveis' value and its price as these two are different measures arrived at by different means. Investors typically determine if EDP Renovaveis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EDP Renovaveis' 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.