CLPXY
Price
$9.46
Change
-$0.00 (-0.00%)
Updated
Oct 4 closing price
RNW
Price
$6.01
Change
-$0.09 (-1.48%)
Updated
Oct 17 closing price
31 days until earnings call
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CLPXY vs RNW

Header iconCLPXY vs RNW Comparison
Open Charts CLPXY vs RNWBanner chart's image
China Longyuan Power Group
Price$9.46
Change-$0.00 (-0.00%)
Volume$1.2K
CapitalizationN/A
ReNew Energy Global
Price$6.01
Change-$0.09 (-1.48%)
Volume$594.81K
CapitalizationN/A
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CLPXY vs RNW Comparison Chart
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CLPXY
Daily Signalchanged days ago
Gain/Loss if shorted
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RNW
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
CLPXY vs. RNW commentary
Oct 18, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CLPXY is a StrongSell and RNW is a Sell.

COMPARISON
Comparison
Oct 18, 2024
Stock price -- (CLPXY: $7.99 vs. RNW: $6.01)
Brand notoriety: CLPXY and RNW are both not notable
Both companies represent the Alternative Power Generation industry
Current volume relative to the 65-day Moving Average: CLPXY: 48% vs. RNW: 72%
Market capitalization -- CLPXY: $17.48B vs. RNW: $2.19B
CLPXY [@Alternative Power Generation] is valued at $17.48B. RNW’s [@Alternative Power Generation] market capitalization is $2.19B. The market cap for tickers in the [@Alternative Power Generation] industry ranges from $118.24B to $0. The average market capitalization across the [@Alternative Power Generation] industry is $6.29B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

CLPXY’s FA Score shows that 2 FA rating(s) are green whileRNW’s FA Score has 1 green FA rating(s).

  • CLPXY’s FA Score: 2 green, 3 red.
  • RNW’s FA Score: 1 green, 4 red.
According to our system of comparison, CLPXY is a better buy in the long-term than RNW.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

CLPXY’s TA Score shows that 4 TA indicator(s) are bullish while RNW’s TA Score has 6 bullish TA indicator(s).

  • CLPXY’s TA Score: 4 bullish, 6 bearish.
  • RNW’s TA Score: 6 bullish, 4 bearish.
According to our system of comparison, RNW is a better buy in the short-term than CLPXY.

Price Growth

CLPXY (@Alternative Power Generation) experienced а -9.20% price change this week, while RNW (@Alternative Power Generation) price change was +2.91% for the same time period.

The average weekly price growth across all stocks in the @Alternative Power Generation industry was -2.45%. For the same industry, the average monthly price growth was +6.56%, and the average quarterly price growth was +12.92%.

Reported Earning Dates

RNW is expected to report earnings on Feb 19, 2025.

Industries' Descriptions

@Alternative Power Generation (-2.45% weekly)

The alternative power generation industry consists of companies that operate power facilities converting non-conventional forms of energy into electricity. These energy forms are alternatives to fossil fuels, and many of them are derived from natural resources. Alternative energy forms include solar, wind, hydro, and geothermal steam. A major purpose behind using alternative energy – also called ‘clean’ energy - is to address concerns related to the more conventional fossil fuels, such as the latter’s high carbon dioxide emissions which is often considered a factor in global warming. Alternative power generation has been gaining traction in recent years, and could grow further in the future. Large organizations like Google have invested substantially in wind and solar energy-powered electricity. Some of the prominent U.S. companies operating in the alternative power generation industry includes Ormat Technologies, Inc., TerraForm Power, Inc. and NextEra Energy Partners LP.

SUMMARIES
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FUNDAMENTALS
Fundamentals
CLPXY($17.5B) has a higher market cap than RNW($2.19B). RNW has higher P/E ratio than CLPXY: RNW (61.74) vs CLPXY (11.20). CLPXY YTD gains are higher at: 10.236 vs. RNW (-21.540). RNW has higher annual earnings (EBITDA): 61.8B vs. CLPXY (10.9B). RNW has more cash in the bank: 115B vs. CLPXY (19.6B). CLPXY has less debt than RNW: CLPXY (114B) vs RNW (658B). RNW has higher revenues than CLPXY: RNW (86.5B) vs CLPXY (39.3B).
CLPXYRNWCLPXY / RNW
Capitalization17.5B2.19B798%
EBITDA10.9B61.8B18%
Gain YTD10.236-21.540-48%
P/E Ratio11.2061.7418%
Revenue39.3B86.5B45%
Total Cash19.6B115B17%
Total Debt114B658B17%
FUNDAMENTALS RATINGS
CLPXY: Fundamental Ratings
CLPXY
OUTLOOK RATING
1..100
84
VALUATION
overvalued / fair valued / undervalued
1..100
31
Undervalued
PROFIT vs RISK RATING
1..100
82
SMR RATING
1..100
79
PRICE GROWTH RATING
1..100
49
P/E GROWTH RATING
1..100
26
SEASONALITY SCORE
1..100
n/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
CLPXYRNW
RSI
ODDS (%)
Bearish Trend 1 day ago
89%
Bullish Trend 1 day ago
84%
Stochastic
ODDS (%)
Bullish Trend 1 day ago
65%
Bearish Trend 1 day ago
86%
Momentum
ODDS (%)
Bearish Trend 1 day ago
73%
Bullish Trend 1 day ago
64%
MACD
ODDS (%)
Bearish Trend 1 day ago
74%
Bearish Trend 1 day ago
83%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
74%
Bullish Trend 1 day ago
69%
TrendMonth
ODDS (%)
Bullish Trend 1 day ago
51%
Bearish Trend 1 day ago
69%
Advances
ODDS (%)
Bullish Trend 12 days ago
68%
Bullish Trend 5 days ago
70%
Declines
ODDS (%)
Bearish Trend 4 days ago
77%
Bearish Trend 9 days ago
73%
BollingerBands
ODDS (%)
Bearish Trend 1 day ago
85%
Bullish Trend 1 day ago
71%
Aroon
ODDS (%)
Bullish Trend 1 day ago
69%
Bullish Trend 1 day ago
57%
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CLPXY
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
RNW
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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CLPXY and

Correlation & Price change

A.I.dvisor tells us that CLPXY and CLPXF have been poorly correlated (+20% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that CLPXY and CLPXF's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CLPXY
1D Price
Change %
CLPXY100%
-1.96%
CLPXF - CLPXY
20%
Poorly correlated
N/A
WEGYF - CLPXY
19%
Poorly correlated
+1.32%
RNW - CLPXY
8%
Poorly correlated
-1.48%
HTOO - CLPXY
5%
Poorly correlated
+36.03%
CZAVF - CLPXY
3%
Poorly correlated
N/A
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