CREG
Price
$1.05
Change
-$0.03 (-2.78%)
Updated
May 2, 12:24 PM EST
27 days until earnings call
RNW
Price
$5.68
Change
+$0.01 (+0.18%)
Updated
May 2, 6:59 PM EST
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Compare trend and price CREG vs RNW

Header iconCREG vs RNW Comparison
Open Charts CREG vs RNWBanner chart's image
Smart Powerr
Price$1.05
Change-$0.03 (-2.78%)
Volume$100
CapitalizationN/A
ReNew Energy Global
Price$5.68
Change+$0.01 (+0.18%)
Volume$253.55K
CapitalizationN/A
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CREG vs RNW Comparison Chart

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CREGDaily Signal changed days agoGain/Loss if shorted
 
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RNWDaily Signal changed days agoGain/Loss if shorted
 
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VS
CREG vs. RNW commentary
May 02, 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 CREG is a Hold and RNW is a Hold.

COMPARISON
Comparison
May 02, 2024
Stock price -- (CREG: $1.09 vs. RNW: $5.71)
Brand notoriety: CREG and RNW are both not notable
Both companies represent the Alternative Power Generation industry
Current volume relative to the 65-day Moving Average: CREG: 18% vs. RNW: 75%
Market capitalization -- CREG: $11.15M vs. RNW: $2.19B
CREG [@Alternative Power Generation] is valued at $11.15M. 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 $5.8B.

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).

CREG’s FA Score shows that 0 FA rating(s) are green whileRNW’s FA Score has 0 green FA rating(s).

  • CREG’s FA Score: 0 green, 5 red.
  • RNW’s FA Score: 0 green, 5 red.
According to our system of comparison, both CREG and RNW are a bad buy in the long-term.

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.

CREG’s TA Score shows that 3 TA indicator(s) are bullish while RNW’s TA Score has 5 bullish TA indicator(s).

  • CREG’s TA Score: 3 bullish, 6 bearish.
  • RNW’s TA Score: 5 bullish, 3 bearish.
According to our system of comparison, RNW is a better buy in the short-term than CREG.

Price Growth

CREG (@Alternative Power Generation) experienced а -1.80% price change this week, while RNW (@Alternative Power Generation) price change was 0.00% for the same time period.

The average weekly price growth across all stocks in the @Alternative Power Generation industry was +0.37%. For the same industry, the average monthly price growth was +11.97%, and the average quarterly price growth was +119.97%.

Reported Earning Dates

CREG is expected to report earnings on May 29, 2024.

RNW is expected to report earnings on Jun 14, 2023.

Industries' Descriptions

@Alternative Power Generation (+0.37% 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
A.I.dvisor published
a Summary for CREG with price predictions.
OPEN
A.I.dvisor published
a Summary for RNW with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
RNW($2.19B) has a higher market cap than CREG($11.1M). RNW has higher P/E ratio than CREG: RNW (61.74) vs CREG (1.61). RNW YTD gains are higher at: -25.457 vs. CREG (-29.677). RNW has higher annual earnings (EBITDA): 61.8B vs. CREG (-3.29M). RNW has more cash in the bank: 115B vs. CREG (68M). CREG has less debt than RNW: CREG (16M) vs RNW (658B). RNW has higher revenues than CREG: RNW (86.5B) vs CREG (0).
CREGRNWCREG / RNW
Capitalization11.1M2.19B1%
EBITDA-3.29M61.8B-0%
Gain YTD-29.677-25.457117%
P/E Ratio1.6161.743%
Revenue086.5B-
Total Cash68M115B0%
Total Debt16M658B0%
FUNDAMENTALS RATINGS
CREG: Fundamental Ratings
CREG
OUTLOOK RATING
1..100
62
VALUATION
overvalued / fair valued / undervalued
1..100
72
Overvalued
PROFIT vs RISK RATING
1..100
100
SMR RATING
1..100
91
PRICE GROWTH RATING
1..100
64
P/E GROWTH RATING
1..100
91
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
CREGRNW
RSI
ODDS (%)
Bullish Trend 2 days ago
85%
Bullish Trend 2 days ago
82%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
90%
Bearish Trend 2 days ago
83%
Momentum
ODDS (%)
Bearish Trend 2 days ago
89%
Bullish Trend 2 days ago
63%
MACD
ODDS (%)
Bearish Trend 2 days ago
88%
Bullish Trend 2 days ago
79%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
85%
Bullish Trend 2 days ago
69%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
84%
Bearish Trend 2 days ago
71%
Advances
ODDS (%)
Bullish Trend 4 days ago
85%
Bullish Trend 10 days ago
70%
Declines
ODDS (%)
Bearish Trend 8 days ago
88%
Bearish Trend 7 days ago
73%
BollingerBands
ODDS (%)
Bearish Trend 2 days ago
90%
Bullish Trend 2 days ago
75%
Aroon
ODDS (%)
Bearish Trend 2 days ago
87%
Bearish Trend 2 days ago
71%
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CREGDaily Signal changed days agoGain/Loss if shorted
 
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RNWDaily Signal changed days agoGain/Loss if shorted
 
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CREG and

Correlation & Price change

A.I.dvisor tells us that CREG and ELIQ have been poorly correlated (+21% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that CREG and ELIQ's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CREG
1D Price
Change %
CREG100%
+0.93%
ELIQ - CREG
21%
Poorly correlated
-10.00%
ORA - CREG
18%
Poorly correlated
+2.99%
CWEN - CREG
14%
Poorly correlated
-0.21%
RNW - CREG
14%
Poorly correlated
+1.24%
ENLT - CREG
13%
Poorly correlated
N/A
More

RNW and

Correlation & Price change

A.I.dvisor indicates that over the last year, RNW has been loosely correlated with CWEN. These tickers have moved in lockstep 55% of the time. This A.I.-generated data suggests there is some statistical probability that if RNW jumps, then CWEN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RNW
1D Price
Change %
RNW100%
+1.24%
CWEN - RNW
55%
Loosely correlated
-0.21%
BEPC - RNW
51%
Loosely correlated
+10.63%
ORA - RNW
48%
Loosely correlated
+2.99%
BEP - RNW
45%
Loosely correlated
+10.90%
AY - RNW
43%
Loosely correlated
+6.80%
More