Renta 4 (Spain) Price on March 28, 2024
| R4 Stock | EUR 12.90 0.10 0.78% |
If you're considering investing in Renta Stock, it is important to understand the factors that can impact its price. As of today, the current price of Renta 4 stands at 12.90, as last reported on the 28th of November, with the highest price reaching 13.00 and the lowest price hitting 12.70 during the day. Renta 4 appears to be not too volatile, given 3 months investment horizon. Renta 4 Banco maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Renta 4 Banco, which you can use to evaluate the volatility of the company. Please evaluate Renta 4's Semi Deviation of 1.07, coefficient of variation of 589.03, and Risk Adjusted Performance of 0.1359 to confirm if our risk estimates are consistent with your expectations.
Renta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Renta |
Sharpe Ratio = 0.188
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | R4 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Renta 4 is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Renta 4 by adding it to a well-diversified portfolio.
Renta 4 Valuation on March 28, 2024
It is possible to determine the worth of Renta 4 on a given historical date. On March 28, 2024 Renta was worth 10.06 at the beginning of the trading date compared to the closed value of 10.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Renta 4 stock. Still, in general, we apply an absolute valuation method to find Renta 4's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Renta 4 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Renta 4's related companies.
| Open | High | Low | Close | Volume | |
| 9.77 | 10.16 | 9.77 | 10.16 | 5,296 | |
03/28/2024 | 10.06 | 10.16 | 9.77 | 10.16 | 2,310 |
| 9.77 | 10.16 | 9.77 | 10.16 | 3,036 |
| Backtest Renta 4 | | | Renta 4 History | | | Renta 4 Valuation | Previous | Next |
Renta 4 Trading Date Momentum on March 28, 2024
| On April 02 2024 Renta 4 Banco was traded for 10.16 at the closing time. The highest daily price throughout the period was 10.16 and the lowest price was 9.77 . The daily volume was 3 K. The net trading volume on 04/02/2024 did not cause price change. The trading delta at closing time to current closing price is 3.84% . |
Renta 4 Banco Fundamentals Correlations and Trends
By evaluating Renta 4's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Renta 4's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Renta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Renta 4 Stock history
Renta 4 investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Renta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Renta 4 Banco will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Renta 4 stock prices may prove useful in developing a viable investing in Renta 4
Renta 4 Banco, S.A., together with its subsidiaries, provides wealth management, brokerage, and corporate advisory services in Spain and internationally. Renta 4 Banco, S.A. was founded in 1985 and is based in Madrid, Spain. RENTA 4 operates under Asset Management classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 510 people.
Renta 4 Stock Technical Analysis
Renta 4 technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Renta 4 Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Renta 4 Banco cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Renta 4 November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Renta 4 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Renta 4 shares will generate the highest return on investment. By undertsting and applying Renta 4 stock market strength indicators, traders can identify Renta 4 Banco entry and exit signals to maximize returns
Renta 4 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Renta 4's price direction in advance. Along with the technical and fundamental analysis of Renta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Renta to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1359 | |||
| Jensen Alpha | 0.3353 | |||
| Total Risk Alpha | 0.0249 | |||
| Sortino Ratio | 0.0915 | |||
| Treynor Ratio | (0.93) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Renta Stock analysis
When running Renta 4's price analysis, check to measure Renta 4's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Renta 4 is operating at the current time. Most of Renta 4's value examination focuses on studying past and present price action to predict the probability of Renta 4's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renta 4's price. Additionally, you may evaluate how the addition of Renta 4 to your portfolios can decrease your overall portfolio volatility.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |