ReneSola Beneish M Score

SOL
 Stock
  

USD 4.65  0.21  4.32%   

This module uses fundamental data of ReneSola to approximate the value of its Beneish M Score. ReneSola M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Additionally, take a look at ReneSola Piotroski F Score and ReneSola Altman Z Score analysis.
  
At this time, ReneSola's M Score is unavailable. The earnings manipulation may begin if ReneSola's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by ReneSola executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of ReneSola's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Unavailable
Elasticity of ReceivablesN/AFocus
Asset QualityN/AFocus
Expense CoverageN/AFocus
Gross Margin StrengsN/AFocus
Accruals FactorN/AFocus
Depreciation ResistanceN/AFocus
Net Sales GrowthN/AFocus
Financial Leverage ConditionN/AFocus

Did you try this?

Run Commodity Channel Index Now

   

Commodity Channel Index

Use Commodity Channel Index to analyze current equity momentum
All  Next Launch Module

About ReneSola Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ReneSola's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ReneSola using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ReneSola 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.
ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States, Canada, Europe, and internationally. ReneSola Ltd was founded in 2005 and is headquartered in Stamford, Connecticut. Renesola operates under Solar classification in the United States and is traded on New York Stock Exchange. It employs 164 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ReneSola in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ReneSola's short interest history, or implied volatility extrapolated from ReneSola options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at ReneSola Piotroski F Score and ReneSola Altman Z Score analysis. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for analysis

When running ReneSola price analysis, check to measure ReneSola'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 ReneSola is operating at the current time. Most of ReneSola's value examination focuses on studying past and present price action to predict the probability of ReneSola's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ReneSola's price. Additionally, you may evaluate how the addition of ReneSola to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Is ReneSola's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ReneSola. If investors know ReneSola will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ReneSola listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ReneSola is measured differently than its book value, which is the value of ReneSola that is recorded on the company's balance sheet. Investors also form their own opinion of ReneSola's value that differs from its market value or its book value, called intrinsic value, which is ReneSola's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ReneSola's market value can be influenced by many factors that don't directly affect ReneSola's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ReneSola's value and its price as these two are different measures arrived at by different means. Investors typically determine ReneSola value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ReneSola's 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.