RENEWI PLC (UK) Performance


GBp 597.00  34.00  6.04%   

The company holds a Beta of 0.0951, which implies not very significant fluctuations relative to the market. Let's try to break down what RENEWI's beta means in this case. As returns on the market increase, RENEWI PLC returns are expected to increase less than the market. However, during the bear market, the loss on holding RENEWI PLC will be expected to be smaller as well. Even though it is essential to pay attention to RENEWI PLC ORD current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our approach into forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. RENEWI PLC ORD exposes twenty-eight different technical indicators, which can help you to evaluate its performance. RENEWI PLC ORD has an expected return of -0.36%. Please be advised to check RENEWI PLC ORD expected short fall, day median price, and the relationship between the potential upside and accumulation distribution to decide if RENEWI PLC ORD performance from the past will be repeated at future time.
RENEWI Performance
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Over the last 90 days RENEWI PLC ORD has generated negative risk-adjusted returns adding no value to investors with long positions. Even with weak performance in the last few months, the Stock's basic indicators remain relatively steady which may send shares a bit higher in November 2022. The new chaos may also be a sign of medium-term up-swing for the company stakeholders. ...more

RENEWI Price Channel

Quick Ratio0.43
Fifty Two Week Low527.00
Target High Price10.86
Fifty Two Week High855.00
Target Low Price9.37

RENEWI PLC Relative Risk vs. Return Landscape

If you would invest  75,700  in RENEWI PLC ORD on July 6, 2022 and sell it today you would lose (16,000)  from holding RENEWI PLC ORD or give up 21.14% of portfolio value over 90 days. RENEWI PLC ORD is currently producing negative expected returns and takes up 2.0002% volatility of returns over 90 trading days. Put another way, 17% of traded stocks are less volatile than RENEWI, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon RENEWI PLC is expected to under-perform the market. In addition to that, the company is 1.6 times more volatile than its market benchmark. It trades about -0.18 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of volatility.

RENEWI PLC Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for RENEWI PLC's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as RENEWI PLC ORD, and traders can use it to determine the average amount a RENEWI PLC's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1782

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Negative ReturnsRWI
Estimated Market Risk
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 17 %
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Expected Return
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 0 %
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Risk-Adjusted Return
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Based on monthly moving average RENEWI PLC is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of RENEWI PLC by adding it to a well-diversified portfolio.

About RENEWI PLC Performance

To evaluate RENEWI PLC ORD Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when RENEWI PLC generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare RENEWI Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand RENEWI PLC ORD market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents RENEWI's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The company operates through Commercial Waste, Mineralz Water, and Specialities segments. Renewi plc was founded in 1880 and is headquartered in Milton Keynes, the United Kingdom. RENEWI PLC operates under Waste Management classification in UK and is traded on London Stock Exchange. It employs 6641 people.

Things to note about RENEWI PLC ORD

Checking the ongoing alerts about RENEWI PLC for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for RENEWI PLC ORD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.


Equity Alerts and Improvement Suggestions

RENEWI PLC ORD generated a negative expected return over the last 90 days
The company has accumulated 667.6 M in total debt with debt to equity ratio (D/E) of 1.97, which is about average as compared to similar companies. RENEWI PLC ORD has a current ratio of 0.52, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist RENEWI PLC until it has trouble settling it off, either with new capital or with free cash flow. So, RENEWI PLC's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like RENEWI PLC ORD sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for RENEWI to invest in growth at high rates of return. When we think about RENEWI PLC's use of debt, we should always consider it together with cash and equity.
About 59.0% of RENEWI PLC shares are owned by institutional investors
Additionally, take a look at Your Equity Center. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running RENEWI PLC ORD price analysis, check to measure RENEWI PLC'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 PLC is operating at the current time. Most of RENEWI PLC's value examination focuses on studying past and present price action to predict the probability of RENEWI PLC's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move RENEWI PLC's price. Additionally, you may evaluate how the addition of RENEWI PLC to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between RENEWI PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine RENEWI PLC value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RENEWI PLC'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.