Emeren Group Stock Today
| SOL Stock | USD 1.89 0.08 4.42% |
Performance2 of 100
| Odds Of DistressLess than 40
|
Emeren is selling for 1.89 as of the 28th of April 2024. This is a 4.42 percent increase since the beginning of the trading day. The stock's lowest day price was 1.8. Emeren has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Emeren Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 28th of April 2024. Click here to learn more.
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. The company has 57.28 M outstanding shares of which 1.84 M shares are at this time shorted by investors with about 2.39 days to cover. More on Emeren Group
Moving together with Emeren Stock
| 0.73 | ENPH | Enphase Energy | PairCorr |
Follow Valuation Odds of Bankruptcy
Financial Report 29th of May 2024
Emeren Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Emeren's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Emeren or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and Director | Xianshou Li |
| Old Name | Solar Co. S.A. |
| Business Concentration | Electronic Equipment, Solar, Technology, NYSE Composite, Industrials, Construction & Engineering, Solar, Technology (View all Sectors) |
Emeren Group (SOL) is traded on New York Stock Exchange in USA. It is located in 100 First Stamford Place, Stamford, CT, United States, 06902 and employs 42 people. Emeren is listed under Electronic Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 108.26 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Emeren's market, we take the total number of its shares issued and multiply it by Emeren'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. Emeren Group runs under Construction & Engineering sector within Industrials industry. The entity has 57.28 M outstanding shares of which 1.84 M shares are at this time shorted by investors with about 2.39 days to cover.
Emeren Group has about 107.1 M in cash with (27.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.11, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Emeren Probability Of Bankruptcy
Ownership AllocationEmeren Group retains a total of 57.28 Million outstanding shares. 30% of Emeren Group outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
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Emeren Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Emeren jumping above the current price in 90 days from now is about 63.68%. The Emeren Group probability density function shows the probability of Emeren stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.9481. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Emeren will likely underperform. Additionally, emeren Group has an alpha of 0.0168, implying that it can generate a 0.0168 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Emeren to move above the current price in 90 days from now is about 63.68 (This Emeren Group probability density function shows the probability of Emeren Stock to fall within a particular range of prices over 90 days) .
Emeren Group Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Emeren market risk premium is the additional return an investor will receive from holding Emeren 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 Emeren. 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 Emeren's alpha and beta are two of the key measurements used to evaluate Emeren's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0282 | |||
| Jensen Alpha | 0.0168 | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | 0.0176 |
Emeren Stock Against Markets
Picking the right benchmark for Emeren stock 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 Emeren stock 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 Emeren is critical whether you are bullish or bearish towards Emeren Group at a given time. Please also check how Emeren's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Emeren 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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Emeren Corporate Directors
Emeren corporate directors refer to members of an Emeren board of directors. The board of directors generally takes responsibility for the Emeren's 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 Emeren's board members must vote for the resolution. The Emeren board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.How to buy Emeren Stock?
Before investing in Emeren, 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 Emeren. To buy Emeren stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Emeren. 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 Emeren stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Emeren Group 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 Emeren Group 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 Emeren Group, 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. For more information on how to buy Emeren Stock please use our How to Invest in Emeren guide.
Already Invested in Emeren Group?
The danger of trading Emeren Group 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 Emeren 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 Emeren. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Emeren Group 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.
When determining whether Emeren Group is a strong investment it is important to analyze Emeren's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Emeren's future performance. For an informed investment choice regarding Emeren Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Emeren Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Emeren Stock analysis
When running Emeren's price analysis, check to measure Emeren'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 Emeren is operating at the current time. Most of Emeren's value examination focuses on studying past and present price action to predict the probability of Emeren's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emeren's price. Additionally, you may evaluate how the addition of Emeren to your portfolios can decrease your overall portfolio volatility.
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Is Emeren'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 Emeren. If investors know Emeren 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 Emeren 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 Emeren Group is measured differently than its book value, which is the value of Emeren that is recorded on the company's balance sheet. Investors also form their own opinion of Emeren's value that differs from its market value or its book value, called intrinsic value, which is Emeren'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 Emeren's market value can be influenced by many factors that don't directly affect Emeren'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 Emeren's value and its price as these two are different measures arrived at by different means. Investors typically determine if Emeren is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Emeren'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.