(RNRG) Global X Renewable Energy - Ratings and Ratios
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US37954Y7076 • Utilities
RNRG: Wind, Solar, Hydroelectric, Geothermal, Biofuels, Energy Companies
The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to provide exposure to publicly traded companies that produce energy from renewable sources including wind, solar, hydroelectric, geothermal, and biofuels (including publicly traded companies that are formed to own operating assets that produce defined cash flows. The fund is non-diversified.
Additional Sources for RNRG ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
RNRG ETF Overview
| Market Cap in USD | 29m |
| Category | Utilities |
| TER | 0.65% |
| IPO / Inception | 2015-05-27 |
RNRG ETF Ratings
| Growth 5y | -56.8% |
| Fundamental | - |
| Dividend | 9.84% |
| Rel. Strength Industry | -148 |
| Analysts | - |
| Fair Price Momentum | 7.22 USD |
| Fair Price DCF | - |
RNRG Dividends
| Dividend Yield 12m | 1.52% |
| Yield on Cost 5y | 0.90% |
| Annual Growth 5y | -25.95% |
| Payout Consistency | 86.4% |
RNRG Growth Ratios
| Growth Correlation 3m | -94.1% |
| Growth Correlation 12m | -24.5% |
| Growth Correlation 5y | -74.1% |
| CAGR 5y | -9.87% |
| CAGR/Mean DD 5y | -0.34 |
| Sharpe Ratio 12m | -1.07 |
| Alpha | -39.69 |
| Beta | 0.85 |
| Volatility | 20.46% |
| Current Volume | 10.2k |
| Average Volume 20d | 21.1k |
What is the price of RNRG stocks?
As of January 23, 2025, the stock is trading at USD 8.42 with a total of 10,229 shares traded.
Over the past week, the price has changed by -1.17%, over one month by -3.43%, over three months by -15.38% and over the past year by -15.91%.
As of January 23, 2025, the stock is trading at USD 8.42 with a total of 10,229 shares traded.
Over the past week, the price has changed by -1.17%, over one month by -3.43%, over three months by -15.38% and over the past year by -15.91%.
Is Global X Renewable Energy a good stock to buy?
No, based on ValueRay Analyses, Global X Renewable Energy (NASDAQ:RNRG) is currently (January 2025) a stock to sell. It has a ValueRay Growth Rating of -56.77 and therefor a clear technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of RNRG as of January 2025 is 7.22. This means that RNRG is currently overvalued and has a potential downside of -14.25%.
No, based on ValueRay Analyses, Global X Renewable Energy (NASDAQ:RNRG) is currently (January 2025) a stock to sell. It has a ValueRay Growth Rating of -56.77 and therefor a clear technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of RNRG as of January 2025 is 7.22. This means that RNRG is currently overvalued and has a potential downside of -14.25%.
Is RNRG a buy, sell or hold?
Global X Renewable Energy has no consensus analysts rating.
Global X Renewable Energy has no consensus analysts rating.
What are the forecast for RNRG stock price target?
According to ValueRays Forecast Model, RNRG Global X Renewable Energy will be worth about 8 in January 2026. The stock is currently trading at 8.42. This means that the stock has a potential downside of -5.11%.
According to ValueRays Forecast Model, RNRG Global X Renewable Energy will be worth about 8 in January 2026. The stock is currently trading at 8.42. This means that the stock has a potential downside of -5.11%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 8 | -5.1% |