Renn Fund Price on November 4, 2024
| RCG Stock | USD 2.77 0.26 10.36% |
Below is the normalized historical share price chart for RENN Fund extending back to April 30, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of RENN Fund stands at 2.77, as last reported on the 29th of November, with the highest price reaching 2.77 and the lowest price hitting 2.58 during the day.
If you're considering investing in RENN Stock, it is important to understand the factors that can impact its price. RENN Fund appears to be relatively risky, given 3 months investment horizon. RENN Fund maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of standard deviation over the last 3 months. By inspecting RENN Fund's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please evaluate RENN Fund's Risk Adjusted Performance of 0.1383, market risk adjusted performance of 0.495, and Semi Deviation of 2.31 to confirm if our risk estimates are consistent with your expectations.
At this time, RENN Fund's Common Stock is most likely to increase significantly in the upcoming years. The RENN Fund's current Capital Stock is estimated to increase to about 34.9 M, while Liabilities And Stockholders Equity is projected to decrease to roughly 13.3 M. . At this time, RENN Fund's Price Sales Ratio is most likely to increase significantly in the upcoming years. RENN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of May 1996 | 200 Day MA 1.8188 | 50 Day MA 2.2092 | Beta 0.617 |
RENN |
Sharpe Ratio = 0.1784
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.9 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average RENN Fund 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 RENN Fund by adding it to a well-diversified portfolio.
Price Book 1.1203 | Price Sales 56.8276 | Dividend Share 0.015 | Earnings Share 0.16 | Shares Short 2.8 K |
Related Headline
Gabelli MultiMedia Headline on 4th of November 2024
Acquisition by Mario Gabelli of 501 shares of Gabelli MultiM... by Mario Gabelli
Filed transaction by Gabelli MultiMedia Mutual Director, Other: Control Person Of Adviser. Grant, award or other acquisition pursuant to Rule 16b-3(d)
RENN Fund Valuation on November 4, 2024
It is possible to determine the worth of RENN Fund on a given historical date. On November 4, 2024 RENN was worth 2.21 at the beginning of the trading date compared to the closed value of 2.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RENN Fund stock. Still, in general, we apply an absolute valuation method to find RENN Fund'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 RENN Fund where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RENN Fund's related companies.
| Open | High | Low | Close | Volume | |
| 2.14 | 2.20 | 2.14 | 2.20 | 3,029 | |
11/04/2024 | 2.21 | 2.21 | 2.17 | 2.18 | 16,972 |
| 2.21 | 2.23 | 2.17 | 2.22 | 38,424 |
| Backtest RENN Fund | | | RENN Fund History | | | RENN Fund Valuation | Previous | Next |
RENN Fund Trading Date Momentum on November 4, 2024
| On November 05 2024 RENN Fund was traded for 2.22 at the closing time. Highest RENN Fund's price during the trading hours was 2.23 and the lowest price during the day was 2.17 . The net volume was 38.4 K. The overall trading history on the 5th of November contributed to the next trading period price rise. The trading delta at closing time to the next next day price was 1.83% . The trading delta at closing time to current price is 7.34% . |
RENN Fund Fundamentals Correlations and Trends
By evaluating RENN Fund'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 RENN Fund's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RENN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About RENN Fund Stock history
RENN Fund 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 RENN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RENN Fund 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 RENN Fund stock prices may prove useful in developing a viable investing in RENN Fund
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7 M | 5.4 M | |
| Net Loss | -4.9 M | -5.1 M |
RENN Fund Stock Technical Analysis
RENN Fund 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
RENN Fund Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
RENN Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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.
RENN Fund November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how RENN Fund stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RENN Fund shares will generate the highest return on investment. By undertsting and applying RENN Fund stock market strength indicators, traders can identify RENN Fund entry and exit signals to maximize returns
RENN Fund Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RENN Fund's price direction in advance. Along with the technical and fundamental analysis of RENN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RENN 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 | 0.1383 | |||
| Jensen Alpha | 0.3631 | |||
| Total Risk Alpha | 0.0479 | |||
| Sortino Ratio | 0.1174 | |||
| Treynor Ratio | 0.485 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for RENN Stock analysis
When running RENN Fund's price analysis, check to measure RENN Fund'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 RENN Fund is operating at the current time. Most of RENN Fund's value examination focuses on studying past and present price action to predict the probability of RENN Fund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RENN Fund's price. Additionally, you may evaluate how the addition of RENN Fund to your portfolios can decrease your overall portfolio volatility.
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