RENEWI (Netherlands) Market Value
| RWI Stock | EUR 0.19 0.01 5.00% |
| Symbol | RENEWI |
RENEWI 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to RENEWI's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of RENEWI.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in RENEWI on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding RENEWI or generate 0.0% return on investment in RENEWI over 90 days. RENEWI is related to or competes with Alfen Beheer, CM NV, Accsys Technologies, PostNL NV, and Ebusco Holding. Renewi plc provides waste-to-product services in the United Kingdom, the Netherlands, Belgium, France, Germany, Hungary,... More
RENEWI Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure RENEWI's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess RENEWI upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 27.49 | |||
| Information Ratio | 0.1161 | |||
| Maximum Drawdown | 3997.67 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 5.26 |
RENEWI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RENEWI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RENEWI's standard deviation. In reality, there are many statistical measures that can use RENEWI historical prices to predict the future RENEWI's volatility.| Risk Adjusted Performance | 0.1187 | |||
| Jensen Alpha | 43.52 | |||
| Total Risk Alpha | (11.38) | |||
| Sortino Ratio | 2.03 | |||
| Treynor Ratio | 0.5889 |
RENEWI Backtested Returns
RENEWI maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14 % return per unit of standard deviation over the last 3 months. RENEWI exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RENEWI's Semi Deviation of 15.95, market risk adjusted performance of 0.5989, and Risk Adjusted Performance of 0.1187 to confirm the risk estimate we provide. The company holds a Beta of 95.0, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, RENEWI will likely underperform. At this point, RENEWI has a negative expected return of -1.83%. Please make sure to check RENEWI's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if RENEWI performance from the past will be repeated at future time.
Auto-correlation | -0.34 |
Poor reverse predictability
RENEWI has poor reverse predictability. Overlapping area represents the amount of predictability between RENEWI time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of RENEWI price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current RENEWI price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 3.28 |
RENEWI lagged returns against current returns
Autocorrelation, which is RENEWI stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting RENEWI's stock expected returns. We can calculate the autocorrelation of RENEWI returns to help us make a trade decision. For example, suppose you find that RENEWI has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
RENEWI regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If RENEWI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RENEWI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RENEWI stock over time.
Current vs Lagged Prices |
| Timeline |
RENEWI Lagged Returns
When evaluating RENEWI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RENEWI stock have on its future price. RENEWI autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, RENEWI autocorrelation shows the relationship between RENEWI stock current value and its past values and can show if there is a momentum factor associated with investing in RENEWI.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for RENEWI Stock Analysis
When running RENEWI's price analysis, check to measure RENEWI'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 RENEWI is operating at the current time. Most of RENEWI's value examination focuses on studying past and present price action to predict the probability of RENEWI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RENEWI's price. Additionally, you may evaluate how the addition of RENEWI to your portfolios can decrease your overall portfolio volatility.