Renergen Financials
| REN Stock | 821.00 21.00 2.49% |
Renergen |
Please note, the presentation of Renergen's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Renergen's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Renergen's management manipulating its earnings.
| Foreign Associate | USA |
| Instrument | South Africa Stock View All |
| Exchange | Johannesburg Exchange |
| ISIN | ZAE000202610 |
| Business Address | 1 Bompas Road, |
| Sector | Energy |
| Industry | Oil & Gas E&P |
| Benchmark | Dow Jones Industrial |
| Website | www.renergen.co.za |
| Phone | 27 10 045 6000 |
You should never invest in Renergen without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Renergen Stock, because this is throwing your money away. Analyzing the key information contained in Renergen's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Renergen Key Financial Ratios
There are many critical financial ratios that Renergen's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Renergen reports annually and quarterly.| Return On Equity | -0.0731 | |||
| Return On Asset | -0.0231 | |||
| Beta | 0.53 | |||
| Z Score | 3.0 |
Renergen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Renergen's current stock value. Our valuation model uses many indicators to compare Renergen value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Renergen competition to find correlations between indicators driving Renergen's intrinsic value. More Info.Renergen is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Renergen's earnings, one of the primary drivers of an investment's value.Renergen Systematic Risk
Renergen's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Renergen volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Renergen correlated with the market. If Beta is less than 0 Renergen generally moves in the opposite direction as compared to the market. If Renergen Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Renergen is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Renergen is generally in the same direction as the market. If Beta > 1 Renergen moves generally in the same direction as, but more than the movement of the benchmark.
Renergen December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Renergen help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Renergen. We use our internally-developed statistical techniques to arrive at the intrinsic value of Renergen based on widely used predictive technical indicators. In general, we focus on analyzing Renergen Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Renergen's daily price indicators and compare them against related drivers.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 13.59 | |||
| Value At Risk | (4.80) | |||
| Potential Upside | 2.72 |
Complementary Tools for Renergen Stock analysis
When running Renergen's price analysis, check to measure Renergen's 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 Renergen is operating at the current time. Most of Renergen's value examination focuses on studying past and present price action to predict the probability of Renergen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renergen's price. Additionally, you may evaluate how the addition of Renergen to your portfolios can decrease your overall portfolio volatility.
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