EDP Renovaveis Revenue vs. Shares Owned By Institutions
| EDRVF Stock | USD 10.80 0.33 2.96% |
For EDP Renovaveis profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EDP Renovaveis to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EDP Renovaveis utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EDP Renovaveis's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EDP Renovaveis over time as well as its relative position and ranking within its peers.
EDP |
EDP Renovaveis Shares Owned By Institutions vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EDP Renovaveis's current stock value. Our valuation model uses many indicators to compare EDP Renovaveis value to that of its competitors to determine the firm's financial worth. EDP Renovaveis is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in shares owned by institutions category among its peers . The ratio of Revenue to Shares Owned By Institutions for EDP Renovaveis is about 94,698,134 . 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 EDP Renovaveis' earnings, one of the primary drivers of an investment's value.EDP Revenue vs. Competition
EDP Renovaveis is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Utilities—Renewable industry is currently estimated at about 12.99 Billion. EDP Renovaveis retains roughly 1.76 Billion in revenue claiming about 14% of Utilities—Renewable industry.
EDP Shares Owned By Institutions vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
EDP Renovaveis |
| = | 1.76 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
EDP Renovaveis |
| = | 18.59 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
EDP Shares Owned By Institutions Comparison
EDP Renovaveis is currently under evaluation in shares owned by institutions category among its peers.
EDP Renovaveis Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EDP Renovaveis, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EDP Renovaveis will eventually generate negative long term returns. The profitability progress is the general direction of EDP Renovaveis' change in net profit over the period of time. It can combine multiple indicators of EDP Renovaveis, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
EDP Renovveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electric power generation plants. EDP Renovveis, S.A. operates as a subsidiary of EDP-Energias de Portugal, S.A. EDP RENOVAVEIS operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 2805 people.
EDP Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EDP Renovaveis. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of EDP Renovaveis position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the EDP Renovaveis' important profitability drivers and their relationship over time.
Use EDP Renovaveis in pair-trading
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 EDP Renovaveis 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 EDP Renovaveis will appreciate offsetting losses from the drop in the long position's value.EDP Renovaveis Pair Trading
EDP Renovaveis Pair Trading Analysis
The ability to find closely correlated positions to EDP Renovaveis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EDP Renovaveis 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 EDP Renovaveis - 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 EDP Renovaveis to buy it.
The correlation of EDP Renovaveis 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 EDP Renovaveis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EDP Renovaveis 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 EDP Renovaveis 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.Use Investing Themes to Complement your EDP Renovaveis position
In addition to having EDP Renovaveis in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in EDP Pink Sheet
To fully project EDP Renovaveis' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of EDP Renovaveis at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include EDP Renovaveis' income statement, its balance sheet, and the statement of cash flows.