808 Renewable Energy Stock Current Valuation
| RNWR Stock | USD 0.0001 0.00 0.00% |
Valuation analysis of 808 Renewable Energy helps investors to measure 808 Renewable's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that 808 Renewable's price fluctuation is very steady at this time. Calculation of the real value of 808 Renewable Energy is based on 3 months time horizon. Increasing 808 Renewable's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the 808 pink sheet is determined by what a typical buyer is willing to pay for full or partial control of 808 Renewable Energy. Since 808 Renewable is currently traded on the exchange, buyers and sellers on that exchange determine the market value of 808 Pink Sheet. However, 808 Renewable's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 1.0E-4 | Real 8.4E-5 | Hype 1.0E-4 |
The intrinsic value of 808 Renewable's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence 808 Renewable's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of 808 Renewable Energy helps investors to forecast how 808 pink sheet's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of 808 Renewable more accurately as focusing exclusively on 808 Renewable's fundamentals will not take into account other important factors: 808 Renewable Energy Company Current Valuation Analysis
808 Renewable's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current 808 Renewable Current Valuation | 81.79 M |
Most of 808 Renewable's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 808 Renewable Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, 808 Renewable Energy has a Current Valuation of 81.79 M. This is 98.88% lower than that of the Independent Power and Renewable Electricity Producers sector and 99.67% lower than that of the Utilities industry. The current valuation for all United States stocks is 99.51% higher than that of the company.
808 Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 808 Renewable's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of 808 Renewable could also be used in its relative valuation, which is a method of valuing 808 Renewable by comparing valuation metrics of similar companies.808 Renewable is currently under evaluation in current valuation category among its peers.
808 Fundamentals
| Return On Equity | -4.52 | |||
| Return On Asset | -0.21 | |||
| Profit Margin | (0.66) % | |||
| Operating Margin | (1.05) % | |||
| Current Valuation | 81.79 M | |||
| Shares Outstanding | 1.4 B | |||
| Shares Owned By Insiders | 92.82 % | |||
| Price To Earning | (0.02) X | |||
| Price To Sales | 151.81 X | |||
| Revenue | 608.52 K | |||
| Gross Profit | 149.65 K | |||
| EBITDA | (160.02 K) | |||
| Net Income | (214 K) | |||
| Cash And Equivalents | 397.18 K | |||
| Total Debt | 30.28 K | |||
| Debt To Equity | 5.43 % | |||
| Current Ratio | 0.81 X | |||
| Cash Flow From Operations | (1.12 M) | |||
| Number Of Employees | 20 | |||
| Beta | -16.35 | |||
| Market Capitalization | 97.67 M | |||
| Total Asset | 2.41 M | |||
| Retained Earnings | (21.33 M) | |||
| Working Capital | (352 K) | |||
| Current Asset | 144 K | |||
| Current Liabilities | 496 K | |||
| Net Asset | 2.41 M |
About 808 Renewable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze 808 Renewable Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 808 Renewable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 808 Renewable Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with 808 Renewable
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if 808 Renewable position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in 808 Renewable will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to 808 Renewable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 808 Renewable when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back 808 Renewable - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling 808 Renewable Energy to buy it.
The correlation of 808 Renewable is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 808 Renewable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 808 Renewable Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for 808 Renewable can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for 808 Pink Sheet Analysis
When running 808 Renewable's price analysis, check to measure 808 Renewable'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 808 Renewable is operating at the current time. Most of 808 Renewable's value examination focuses on studying past and present price action to predict the probability of 808 Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 808 Renewable's price. Additionally, you may evaluate how the addition of 808 Renewable to your portfolios can decrease your overall portfolio volatility.