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ReneSola Ltd (SOL)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISINUS75971T3014
CUSIP75971T301
SectorTechnology
IndustrySolar
IPO DateJan 29, 2008

Highlights

Market Cap$103.54M
EPS (TTM)-$0.31
PEG Ratio0.75
Total Revenue (TTM)$88.84M
Gross Profit (TTM)$16.75M
EBITDA (TTM)$528.00K
Year Range$1.41 - $3.00
Target Price$5.33
Short %3.30%
Short Ratio4.70

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons: SOL vs. BITW

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ReneSola Ltd, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-20.00%0.00%20.00%40.00%JuneJulyAugustSeptemberOctoberNovember
3.67%
12.73%
SOL (ReneSola Ltd)
Benchmark (^GSPC)

Returns By Period

ReneSola Ltd had a return of -26.01% year-to-date (YTD) and -17.21% in the last 12 months. Over the past 10 years, ReneSola Ltd had an annualized return of -15.07%, while the S&P 500 had an annualized return of 11.39%, indicating that ReneSola Ltd did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date-26.01%25.45%
1 month-24.34%2.91%
6 months0.50%14.05%
1 year-17.21%35.64%
5 years (annualized)5.46%14.13%
10 years (annualized)-15.07%11.39%

Monthly Returns

The table below presents the monthly returns of SOL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-37.36%30.41%-13.45%-5.18%-6.56%-12.28%14.67%5.23%49.17%-10.00%-26.01%
202311.95%-10.47%-1.77%-8.31%-17.89%13.13%1.58%-9.87%-11.24%-20.45%-1.22%12.81%-39.60%
2022-8.89%10.68%-3.33%-17.04%-1.04%-0.42%32.21%-7.01%-13.70%-10.32%4.42%-4.24%-24.16%
202181.10%-27.83%-17.47%-21.90%-15.37%11.66%-17.69%-6.54%-6.14%35.31%-22.38%-13.62%-47.86%
2020-7.46%0.04%-11.78%-13.47%2.00%11.64%27.34%38.62%2.99%48.31%158.31%44.14%707.77%
201948.74%14.69%-16.71%-5.37%-20.94%1.19%-15.62%-10.84%54.74%-11.75%10.48%-2.60%18.91%
20181.50%-9.63%4.87%11.38%-9.82%-0.78%-5.49%-2.90%-13.68%-18.32%3.03%-30.00%-55.26%
2017-6.44%-2.09%-18.09%1.40%11.35%-9.96%13.11%-11.23%-4.90%23.61%22.57%-24.65%-16.84%
2016-7.65%-8.28%-0.00%-4.17%-1.45%-8.82%-3.23%-3.33%-12.93%-5.94%-22.72%-12.87%-62.37%
2015-10.64%5.56%10.53%15.65%-14.12%-6.16%-4.38%-5.34%-21.61%35.80%-2.27%31.78%20.57%
2014-4.35%15.45%-15.75%-15.26%-6.62%16.14%-17.29%11.89%9.89%-20.00%-25.00%-21.67%-59.13%
201334.42%4.83%-36.41%26.09%15.52%6.47%118.69%1.92%4.61%-12.83%3.91%-23.67%124.03%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SOL is 31, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of SOL is 3131
Combined Rank
The Sharpe Ratio Rank of SOL is 2929Sharpe Ratio Rank
The Sortino Ratio Rank of SOL is 3232Sortino Ratio Rank
The Omega Ratio Rank of SOL is 3030Omega Ratio Rank
The Calmar Ratio Rank of SOL is 3131Calmar Ratio Rank
The Martin Ratio Rank of SOL is 3131Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for ReneSola Ltd (SOL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


SOL
Sharpe ratio
The chart of Sharpe ratio for SOL, currently valued at -0.21, compared to the broader market-4.00-2.000.002.004.00-0.21
Sortino ratio
The chart of Sortino ratio for SOL, currently valued at 0.23, compared to the broader market-4.00-2.000.002.004.006.000.23
Omega ratio
The chart of Omega ratio for SOL, currently valued at 1.03, compared to the broader market0.501.001.502.001.03
Calmar ratio
The chart of Calmar ratio for SOL, currently valued at -0.16, compared to the broader market0.002.004.006.00-0.16
Martin ratio
The chart of Martin ratio for SOL, currently valued at -0.50, compared to the broader market0.0010.0020.0030.00-0.50
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.90, compared to the broader market-4.00-2.000.002.004.002.90
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.87, compared to the broader market-4.00-2.000.002.004.006.003.87
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.54, compared to the broader market0.501.001.502.001.54
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 4.19, compared to the broader market0.002.004.006.004.19
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 18.72, compared to the broader market0.0010.0020.0030.0018.72

Sharpe Ratio

The current ReneSola Ltd Sharpe ratio is -0.21. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of ReneSola Ltd with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
-0.21
2.90
SOL (ReneSola Ltd)
Benchmark (^GSPC)

Dividends

Dividend History


ReneSola Ltd doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-98.55%
-0.29%
SOL (ReneSola Ltd)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the ReneSola Ltd. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ReneSola Ltd was 99.38%, occurring on Aug 15, 2019. The portfolio has not yet recovered.

The current ReneSola Ltd drawdown is 98.55%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.38%May 20, 20082830Aug 15, 2019
-44.32%Feb 5, 200832Mar 20, 200817Apr 15, 200849
-17.09%Apr 22, 20088May 1, 20086May 9, 200814
-4.06%Jan 31, 20081Jan 31, 20082Feb 4, 20083
-3.39%May 12, 20081May 12, 20081May 13, 20082

Volatility

Volatility Chart

The current ReneSola Ltd volatility is 23.56%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
23.56%
3.86%
SOL (ReneSola Ltd)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of ReneSola Ltd over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for ReneSola Ltd.


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Income Statement


Income Statement
Balance Sheet
Cash Flow
Annual
Quarterly

TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items