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CWEN
Price
$29.49
Change
-$0.01 (-0.03%)
Updated
Nov 29 closing price
87 days until earnings call
RNW
Price
$6.03
Change
-$0.06 (-0.99%)
Updated
Nov 29 closing price
79 days until earnings call
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CWEN vs RNW

Header iconCWEN vs RNW Comparison
Open Charts CWEN vs RNWBanner chart's image
Clearway Energy
Price$29.49
Change-$0.01 (-0.03%)
Volume$547.7K
CapitalizationN/A
ReNew Energy Global
Price$6.03
Change-$0.06 (-0.99%)
Volume$322.28K
CapitalizationN/A
CWEN vs RNW Comparison Chart
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CWEN
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
CWEN vs. RNW commentary
Dec 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 CWEN is a Buy and RNW is a Buy.

COMPARISON
Comparison
Dec 02, 2024
Stock price -- (CWEN: $29.49 vs. RNW: $6.03)
Brand notoriety: CWEN and RNW are both not notable
Both companies represent the Alternative Power Generation industry
Current volume relative to the 65-day Moving Average: CWEN: 60% vs. RNW: 39%
Market capitalization -- CWEN: $2.64B vs. RNW: $2.19B
CWEN [@Alternative Power Generation] is valued at $2.64B. 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).

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

  • CWEN’s FA Score: 0 green, 5 red.
  • RNW’s FA Score: 0 green, 5 red.
According to our system of comparison, CWEN 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.

CWEN’s TA Score shows that 5 TA indicator(s) are bullish while RNW’s TA Score has 4 bullish TA indicator(s).

  • CWEN’s TA Score: 5 bullish, 5 bearish.
  • RNW’s TA Score: 4 bullish, 6 bearish.
According to our system of comparison, CWEN is a better buy in the short-term than RNW.

Price Growth

CWEN (@Alternative Power Generation) experienced а +4.02% price change this week, while RNW (@Alternative Power Generation) price change was +2.38% for the same time period.

The average weekly price growth across all stocks in the @Alternative Power Generation industry was -0.67%. For the same industry, the average monthly price growth was -3.04%, and the average quarterly price growth was -3.10%.

Reported Earning Dates

CWEN is expected to report earnings on Feb 27, 2025.

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

Industries' Descriptions

@Alternative Power Generation (-0.67% 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
CWEN($2.64B) has a higher market cap than RNW($2.19B). RNW has higher P/E ratio than CWEN: RNW (61.74) vs CWEN (34.43). CWEN YTD gains are higher at: 12.761 vs. RNW (-21.279). RNW has higher annual earnings (EBITDA): 61.8B vs. CWEN (1.03B). RNW has more cash in the bank: 115B vs. CWEN (535M). CWEN has less debt than RNW: CWEN (8.66B) vs RNW (658B). RNW has higher revenues than CWEN: RNW (86.5B) vs CWEN (1.31B).
CWENRNWCWEN / RNW
Capitalization2.64B2.19B121%
EBITDA1.03B61.8B2%
Gain YTD12.761-21.279-60%
P/E Ratio34.4361.7456%
Revenue1.31B86.5B2%
Total Cash535M115B0%
Total Debt8.66B658B1%
FUNDAMENTALS RATINGS
CWEN: Fundamental Ratings
CWEN
OUTLOOK RATING
1..100
50
VALUATION
overvalued / fair valued / undervalued
1..100
94
Overvalued
PROFIT vs RISK RATING
1..100
44
SMR RATING
1..100
80
PRICE GROWTH RATING
1..100
48
P/E GROWTH RATING
1..100
94
SEASONALITY SCORE
1..100
50

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
CWENRNW
RSI
ODDS (%)
Bearish Trend 3 days ago
63%
Bearish Trend 3 days ago
90%
Stochastic
ODDS (%)
Bearish Trend 3 days ago
57%
Bearish Trend 3 days ago
80%
Momentum
ODDS (%)
Bullish Trend 3 days ago
68%
Bullish Trend 3 days ago
63%
MACD
ODDS (%)
Bullish Trend 3 days ago
64%
Bullish Trend 3 days ago
76%
TrendWeek
ODDS (%)
Bullish Trend 3 days ago
67%
Bullish Trend 3 days ago
67%
TrendMonth
ODDS (%)
Bullish Trend 3 days ago
67%
Bullish Trend 3 days ago
66%
Advances
ODDS (%)
Bullish Trend 6 days ago
69%
Bullish Trend 7 days ago
68%
Declines
ODDS (%)
Bearish Trend 3 days ago
63%
Bearish Trend 19 days ago
73%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
56%
Bearish Trend 3 days ago
84%
Aroon
ODDS (%)
Bearish Trend 3 days ago
61%
Bearish Trend 3 days ago
71%
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CWEN
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
RNW
Daily Signalchanged days ago
Gain/Loss if shorted
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CWEN and

Correlation & Price change

A.I.dvisor indicates that over the last year, CWEN has been closely correlated with ORA. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if CWEN jumps, then ORA could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CWEN
1D Price
Change %
CWEN100%
-0.03%
ORA - CWEN
69%
Closely correlated
+0.04%
BEPC - CWEN
57%
Loosely correlated
-1.25%
BEP - CWEN
57%
Loosely correlated
+0.17%
NEP - CWEN
57%
Loosely correlated
N/A
AQN - CWEN
54%
Loosely correlated
+1.43%
More

RNW and

Correlation & Price change

A.I.dvisor indicates that over the last year, RNW has been loosely correlated with BEP. These tickers have moved in lockstep 48% of the time. This A.I.-generated data suggests there is some statistical probability that if RNW jumps, then BEP could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RNW
1D Price
Change %
RNW100%
-0.99%
BEP - RNW
48%
Loosely correlated
+0.17%
BEPC - RNW
47%
Loosely correlated
-1.25%
CWEN - RNW
46%
Loosely correlated
-0.03%
ORA - RNW
44%
Loosely correlated
+0.04%
NEP - RNW
42%
Loosely correlated
N/A
More