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CWEN
Price
$27.56
Change
+$0.20 (+0.73%)
Updated
Nov 15 closing price
101 days until earnings call
WAVE
Price
$6.56
Change
-$0.44 (-6.29%)
Updated
Nov 15 closing price
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CWEN vs WAVE

Header iconCWEN vs WAVE Comparison
Open Charts CWEN vs WAVEBanner chart's image
Clearway Energy
Price$27.56
Change+$0.20 (+0.73%)
Volume$629.93K
CapitalizationN/A
Eco Wave Power Global AB (publ)
Price$6.56
Change-$0.44 (-6.29%)
Volume$15.15K
CapitalizationN/A
CWEN vs WAVE Comparison Chart
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CWEN
Daily Signalchanged days ago
Gain/Loss if shorted
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WAVE
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
CWEN vs. WAVE commentary
Nov 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 CWEN is a Sell and WAVE is a StrongSell.

COMPARISON
Comparison
Nov 18, 2024
Stock price -- (CWEN: $27.56 vs. WAVE: $6.56)
Brand notoriety: CWEN and WAVE are both not notable
Both companies represent the Alternative Power Generation industry
Current volume relative to the 65-day Moving Average: CWEN: 68% vs. WAVE: 21%
Market capitalization -- CWEN: $2.64B vs. WAVE: $5.77M
CWEN [@Alternative Power Generation] is valued at $2.64B. WAVE’s [@Alternative Power Generation] market capitalization is $5.77M. 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 whileWAVE’s FA Score has 0 green FA rating(s).

  • CWEN’s FA Score: 0 green, 5 red.
  • WAVE’s FA Score: 0 green, 5 red.
According to our system of comparison, CWEN is a better buy in the long-term than WAVE.

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 4 TA indicator(s) are bullish while WAVE’s TA Score has 3 bullish TA indicator(s).

  • CWEN’s TA Score: 4 bullish, 6 bearish.
  • WAVE’s TA Score: 3 bullish, 5 bearish.
According to our system of comparison, both CWEN and WAVE are a bad buy in the short-term.

Price Growth

CWEN (@Alternative Power Generation) experienced а -0.83% price change this week, while WAVE (@Alternative Power Generation) price change was -16.54% for the same time period.

The average weekly price growth across all stocks in the @Alternative Power Generation industry was -0.08%. For the same industry, the average monthly price growth was +2.29%, and the average quarterly price growth was -1.23%.

Reported Earning Dates

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

Industries' Descriptions

@Alternative Power Generation (-0.08% 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 WAVE($5.77M). WAVE YTD gains are higher at: 429.032 vs. CWEN (5.381). CWEN has higher annual earnings (EBITDA): 1.03B vs. WAVE (-2.66M). CWEN has more cash in the bank: 535M vs. WAVE (9.73M). WAVE has less debt than CWEN: WAVE (1.24M) vs CWEN (8.66B). CWEN has higher revenues than WAVE: CWEN (1.31B) vs WAVE (0).
CWENWAVECWEN / WAVE
Capitalization2.64B5.77M45,815%
EBITDA1.03B-2.66M-38,812%
Gain YTD5.381429.0321%
P/E Ratio34.43N/A-
Revenue1.31B0-
Total Cash535M9.73M5,501%
Total Debt8.66B1.24M699,274%
FUNDAMENTALS RATINGS
CWEN: Fundamental Ratings
CWEN
OUTLOOK RATING
1..100
28
VALUATION
overvalued / fair valued / undervalued
1..100
93
Overvalued
PROFIT vs RISK RATING
1..100
49
SMR RATING
1..100
78
PRICE GROWTH RATING
1..100
52
P/E GROWTH RATING
1..100
93
SEASONALITY SCORE
1..100
41

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
CWENWAVE
RSI
ODDS (%)
Bullish Trend 4 days ago
62%
Bearish Trend 4 days ago
90%
Stochastic
ODDS (%)
Bearish Trend 4 days ago
64%
Bullish Trend 4 days ago
83%
Momentum
ODDS (%)
Bearish Trend 4 days ago
65%
Bearish Trend 4 days ago
86%
MACD
ODDS (%)
Bullish Trend 4 days ago
76%
Bearish Trend 4 days ago
88%
TrendWeek
ODDS (%)
Bearish Trend 4 days ago
65%
Bearish Trend 4 days ago
83%
TrendMonth
ODDS (%)
Bearish Trend 4 days ago
65%
Bearish Trend 4 days ago
82%
Advances
ODDS (%)
Bullish Trend 4 days ago
69%
Bullish Trend 5 days ago
85%
Declines
ODDS (%)
Bearish Trend 25 days ago
62%
Bearish Trend 7 days ago
84%
BollingerBands
ODDS (%)
Bullish Trend 4 days ago
80%
Bearish Trend 6 days ago
90%
Aroon
ODDS (%)
Bearish Trend 4 days ago
65%
Bullish Trend 4 days ago
80%
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CWEN
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
WAVE
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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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%
+0.73%
ORA - CWEN
69%
Closely correlated
-0.60%
BEPC - CWEN
60%
Loosely correlated
-0.82%
BEP - CWEN
57%
Loosely correlated
-0.51%
NEP - CWEN
57%
Loosely correlated
-3.24%
AQN - CWEN
54%
Loosely correlated
+0.21%
More