EGIEY
Price
$7.67
Change
-$0.00 (-0.00%)
Updated
Oct 4 closing price
18 days until earnings call
RNW
Price
$6.01
Change
-$0.09 (-1.48%)
Updated
Oct 17 closing price
31 days until earnings call
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EGIEY vs RNW

Header iconEGIEY vs RNW Comparison
Open Charts EGIEY vs RNWBanner chart's image
Engie Brasil Energia S A
Price$7.67
Change-$0.00 (-0.00%)
Volume$3.11K
CapitalizationN/A
ReNew Energy Global
Price$6.01
Change-$0.09 (-1.48%)
Volume$594.81K
CapitalizationN/A
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EGIEY vs RNW Comparison Chart
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EGIEY
Daily Signalchanged days ago
Gain/Loss if shorted
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RNW
Daily Signalchanged days ago
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VS
EGIEY 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 EGIEY is a StrongBuy and RNW is a Sell.

COMPARISON
Comparison
Oct 18, 2024
Stock price -- (EGIEY: $7.40 vs. RNW: $6.01)
Brand notoriety: EGIEY and RNW are both not notable
Both companies represent the Alternative Power Generation industry
Current volume relative to the 65-day Moving Average: EGIEY: 79% vs. RNW: 72%
Market capitalization -- EGIEY: $7.6B vs. RNW: $2.19B
EGIEY [@Alternative Power Generation] is valued at $7.6B. 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).

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

  • EGIEY’s FA Score: 2 green, 3 red.
  • RNW’s FA Score: 1 green, 4 red.
According to our system of comparison, EGIEY 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.

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

  • EGIEY’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 EGIEY.

Price Growth

EGIEY (@Alternative Power Generation) experienced а +0.55% 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

EGIEY is expected to report earnings on Feb 25, 2025.

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
EGIEY($7.6B) has a higher market cap than RNW($2.19B). RNW has higher P/E ratio than EGIEY: RNW (61.74) vs EGIEY (12.61). EGIEY YTD gains are higher at: -11.089 vs. RNW (-21.540). RNW has higher annual earnings (EBITDA): 61.8B vs. EGIEY (6.36B). RNW has more cash in the bank: 115B vs. EGIEY (3.31B). EGIEY has less debt than RNW: EGIEY (17.7B) vs RNW (658B). RNW has higher revenues than EGIEY: RNW (86.5B) vs EGIEY (11.8B).
EGIEYRNWEGIEY / RNW
Capitalization7.6B2.19B347%
EBITDA6.36B61.8B10%
Gain YTD-11.089-21.54051%
P/E Ratio12.6161.7420%
Revenue11.8B86.5B14%
Total Cash3.31B115B3%
Total Debt17.7B658B3%
FUNDAMENTALS RATINGS
EGIEY: Fundamental Ratings
EGIEY
OUTLOOK RATING
1..100
84
VALUATION
overvalued / fair valued / undervalued
1..100
33
Fair valued
PROFIT vs RISK RATING
1..100
100
SMR RATING
1..100
22
PRICE GROWTH RATING
1..100
62
P/E GROWTH RATING
1..100
84
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
EGIEYRNW
RSI
ODDS (%)
Bullish Trend 1 day ago
75%
Bullish Trend 1 day ago
84%
Stochastic
ODDS (%)
Bullish Trend 1 day ago
66%
Bearish Trend 1 day ago
86%
Momentum
ODDS (%)
Bearish Trend 1 day ago
62%
Bullish Trend 1 day ago
64%
MACD
ODDS (%)
N/A
Bearish Trend 1 day ago
83%
TrendWeek
ODDS (%)
Bullish Trend 1 day ago
66%
Bullish Trend 1 day ago
69%
TrendMonth
ODDS (%)
Bearish Trend 1 day ago
66%
Bearish Trend 1 day ago
69%
Advances
ODDS (%)
Bullish Trend 1 day ago
69%
Bullish Trend 5 days ago
70%
Declines
ODDS (%)
Bearish Trend 8 days ago
60%
Bearish Trend 9 days ago
73%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
70%
Bullish Trend 1 day ago
71%
Aroon
ODDS (%)
Bearish Trend 1 day ago
67%
Bullish Trend 1 day ago
57%
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EGIEY
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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EGIEY and

Correlation & Price change

A.I.dvisor tells us that EGIEY and EBR have been poorly correlated (+31% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that EGIEY and EBR's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EGIEY
1D Price
Change %
EGIEY100%
+0.27%
EBR - EGIEY
31%
Poorly correlated
N/A
RNW - EGIEY
22%
Poorly correlated
-1.48%
BEPC - EGIEY
22%
Poorly correlated
-0.79%
NPIFF - EGIEY
21%
Poorly correlated
-0.06%
ORA - EGIEY
21%
Poorly correlated
-1.93%
More