Renesas Electronics Corp Stock Today
| RNECY Stock | USD 8.14 0.34 4.01% |
Performance0 of 100
| Odds Of DistressLess than 10
|
Renesas Electronics is trading at 8.14 as of the 18th of April 2024; that is -4.01 percent down since the beginning of the trading day. The stock's open price was 8.48. Renesas Electronics has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Renesas Electronics Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Renesas Electronics Corporation researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, North America, Europe, rest of Asia, and internationally. The company was incorporated in 2002 and is headquartered in Tokyo, Japan. The company has 3.58 B outstanding shares. More on Renesas Electronics Corp
Renesas Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Renesas Electronics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Renesas Electronics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Ali Sebt |
| Business Concentration | Semiconductors, Technology (View all Sectors) |
Renesas Electronics Corp [RNECY] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Large-Cap' category with a current market capitalization of 22.86 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Renesas Electronics's market, we take the total number of its shares issued and multiply it by Renesas Electronics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Renesas Electronics Corp classifies itself under Technology sector and is part of Semiconductors industry. The entity has 3.58 B outstanding shares.
Renesas Electronics Corp has accumulated about 312.79 B in cash with 307.38 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 87.56, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Renesas Electronics Probability Of Bankruptcy
Ownership AllocationRenesas Electronics Corp has a total of 3.58 Billion outstanding shares. Roughly 100.0 pct. of Renesas Electronics outstanding shares are held by general public with 0.01 (%) by third-party entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Renesas Ownership Details
Renesas Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Renesas Electronics jumping above the current price in 90 days from now is about 87.83%. The Renesas Electronics Corp probability density function shows the probability of Renesas Electronics pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the pink sheet has a beta coefficient of 1.6541 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Renesas Electronics will likely underperform. Additionally, renesas Electronics Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Renesas Electronics to move above the current price in 90 days from now is about 87.83 (This Renesas Electronics Corp probability density function shows the probability of Renesas Pink Sheet to fall within a particular range of prices over 90 days) .
Renesas Electronics Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Renesas Electronics market risk premium is the additional return an investor will receive from holding Renesas Electronics long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Renesas Electronics. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Renesas Electronics' alpha and beta are two of the key measurements used to evaluate Renesas Electronics' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.14 | |||
| Semi Deviation | 2.81 | |||
| Standard Deviation | 2.86 | |||
| Variance | 8.18 |
Renesas Stock Against Markets
Picking the right benchmark for Renesas Electronics pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Renesas Electronics pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Renesas Electronics is critical whether you are bullish or bearish towards Renesas Electronics Corp at a given time. Please also check how Renesas Electronics' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Renesas Electronics without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Renesas Electronics Corporate Directors
Renesas Electronics corporate directors refer to members of a Renesas Electronics board of directors. The board of directors generally takes responsibility for the Renesas Electronics' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Renesas Electronics' board members must vote for the resolution. The Renesas Electronics board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Shuhei Shinkai | Senior Director of Legal Affairs | Profile | |
| Hidetoshi Shibata | CFO, Executive VP, Managing Executive Officer and Director | Profile | |
| Olav Schulte | Executive Officer, Deputy Chief Director of Automotive Solutions Business | Profile | |
| Sailesh Chittipeddi | Managing Executive Officer, Chief Director of Industrial Solution Business, Chief Director of Broad-based Solutions Business | Profile |
How to buy Renesas Pink Sheet?
Before investing in Renesas Electronics, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Renesas Electronics. To buy Renesas Electronics stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Renesas Electronics. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Renesas Electronics stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Renesas Electronics Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Renesas Electronics Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Renesas Electronics Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Renesas Electronics Corp?
The danger of trading Renesas Electronics Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Renesas Electronics is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Renesas Electronics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Renesas Electronics Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renesas Electronics Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Renesas Electronics Corp information on this page should be used as a complementary analysis to other Renesas Electronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Renesas Pink Sheet analysis
When running Renesas Electronics' price analysis, check to measure Renesas Electronics' 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 Renesas Electronics is operating at the current time. Most of Renesas Electronics' value examination focuses on studying past and present price action to predict the probability of Renesas Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renesas Electronics' price. Additionally, you may evaluate how the addition of Renesas Electronics to your portfolios can decrease your overall portfolio volatility.
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