Ribbon Communications Stock Price on February 21, 2024
| RBBN Stock | USD 4.06 0.13 3.31% |
If you're considering investing in Ribbon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ribbon Communications stands at 4.06, as last reported on the 31st of January, with the highest price reaching 4.23 and the lowest price hitting 3.96 during the day. Ribbon Communications appears to be slightly risky, given 3 months investment horizon. Ribbon Communications maintains Sharpe Ratio (i.e., Efficiency) of 0.0858, which implies the firm had a 0.0858 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ribbon Communications, which you can use to evaluate the volatility of the company. Please evaluate Ribbon Communications' Semi Deviation of 2.35, risk adjusted performance of 0.0746, and Coefficient Of Variation of 1229.09 to confirm if our risk estimates are consistent with your expectations.
Ribbon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ribbon |
Sharpe Ratio = 0.0858
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Estimated Market Risk
| 2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Ribbon Communications is performing at about 6% 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 Ribbon Communications by adding it to a well-diversified portfolio.
Ribbon Communications Valuation on February 21, 2024
It is possible to determine the worth of Ribbon Communications on a given historical date. On February 21, 2024 Ribbon was worth 3.29 at the beginning of the trading date compared to the closed value of 3.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ribbon Communications stock. Still, in general, we apply an absolute valuation method to find Ribbon Communications' 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 Ribbon Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ribbon Communications' related companies.
| Open | High | Low | Close | Volume | |
| 3.38 | 3.52 | 3.33 | 3.35 | 835,844 | |
02/21/2024 | 3.29 | 3.29 | 3.10 | 3.14 | 621,148 |
| 3.14 | 3.19 | 3.09 | 3.15 | 420,611 |
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Ribbon Communications Trading Date Momentum on February 21, 2024
| On February 22 2024 Ribbon Communications was traded for 3.15 at the closing time. The top price for the day was 3.19 and the lowest listed price was 3.09 . The trading volume for the day was 420.6 K. The trading history from February 22, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.32% . The trading delta at closing time against the current closing price is 5.41% . |
Ribbon Communications Fundamentals Correlations and Trends
By evaluating Ribbon Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ribbon Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ribbon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ribbon Communications Stock history
Ribbon Communications 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 Ribbon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ribbon Communications 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 Ribbon Communications stock prices may prove useful in developing a viable investing in Ribbon Communications
Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. Ribbon Communications Inc. was founded in 1997 and is headquartered in Plano, Texas. Ribbon Communications operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. It employs 3685 people.
Ribbon Communications Stock Technical Analysis
Ribbon Communications 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
Ribbon Communications Period Price Range
Low | January 31, 2025
| High |
0.00 | 0.00 |
Ribbon Communications cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Ribbon Communications January 31, 2025 Market Strength
Market strength indicators help investors to evaluate how Ribbon Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ribbon Communications shares will generate the highest return on investment. By undertsting and applying Ribbon Communications stock market strength indicators, traders can identify Ribbon Communications entry and exit signals to maximize returns
Ribbon Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ribbon Communications' price direction in advance. Along with the technical and fundamental analysis of Ribbon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ribbon 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 | 0.0746 | |||
| Jensen Alpha | 0.1298 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.038 | |||
| Treynor Ratio | 0.2716 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ribbon Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Ribbon Stock, please use our How to Invest in Ribbon Communications guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ribbon Communications. If investors know Ribbon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ribbon Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ribbon Communications is measured differently than its book value, which is the value of Ribbon that is recorded on the company's balance sheet. Investors also form their own opinion of Ribbon Communications' value that differs from its market value or its book value, called intrinsic value, which is Ribbon Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ribbon Communications' market value can be influenced by many factors that don't directly affect Ribbon Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ribbon Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ribbon Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ribbon Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.