RADIANCE HLDGS (Germany) Price on October 2, 2024
| RDH Stock | EUR 0.37 0.01 2.78% |
If you're considering investing in RADIANCE Stock, it is important to understand the factors that can impact its price. As of today, the current price of RADIANCE HLDGS stands at 0.37, as last reported on the 1st of December, with the highest price reaching 0.37 and the lowest price hitting 0.37 during the day. RADIANCE HLDGS appears to be out of control, given 3 months investment horizon. RADIANCE HLDGS GRPHD maintains Sharpe Ratio (i.e., Efficiency) of 0.0947, which implies the company had a 0.0947% return per unit of volatility over the last 3 months. By examining RADIANCE HLDGS's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please evaluate RADIANCE HLDGS's coefficient of variation of 1055.74, and Market Risk Adjusted Performance of 0.3359 to confirm if our risk estimates are consistent with your expectations.
RADIANCE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
RADIANCE |
Sharpe Ratio = 0.0947
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Estimated Market Risk
| 8.87 actual daily | 78 78% of assets are less volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average RADIANCE HLDGS is performing at about 7% 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 RADIANCE HLDGS by adding it to a well-diversified portfolio.
RADIANCE HLDGS Valuation on October 2, 2024
It is possible to determine the worth of RADIANCE HLDGS on a given historical date. On October 2, 2024 RADIANCE was worth 0.57 at the beginning of the trading date compared to the closed value of 0.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RADIANCE HLDGS stock. Still, in general, we apply an absolute valuation method to find RADIANCE HLDGS'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 RADIANCE HLDGS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RADIANCE HLDGS's related companies.
| Open | High | Low | Close | Volume | |
| 0.44 | 0.44 | 0.44 | 0.44 | 2,004 | |
10/02/2024 | 0.57 | 0.59 | 0.57 | 0.59 | 181.00 |
| 0.52 | 0.52 | 0.52 | 0.52 | 181.00 |
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RADIANCE HLDGS Trading Date Momentum on October 2, 2024
| On October 03 2024 RADIANCE HLDGS GRPHD 01 was traded for 0.52 at the closing time. The highest daily price throughout the period was 0.52 and the lowest price was 0.52 . The daily volume was 181. The net trading volume on 10/03/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 11.86% . The trading delta at closing time to current closing price is 25.42% . |
RADIANCE HLDGS GRPHD Fundamentals Correlations and Trends
By evaluating RADIANCE HLDGS'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 RADIANCE HLDGS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RADIANCE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About RADIANCE HLDGS Stock history
RADIANCE HLDGS 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 RADIANCE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RADIANCE HLDGS GRPHD 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 RADIANCE HLDGS stock prices may prove useful in developing a viable investing in RADIANCE HLDGS
Radiance Holdings Company Limited operates as a real estate development company in China. Radiance Holdings Company Limited was founded in 1996 and is headquartered in Beijing, China. RADIANCE HLDGS operates under Real EstateDevelopment classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3724 people.
RADIANCE HLDGS Stock Technical Analysis
RADIANCE HLDGS 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
RADIANCE HLDGS Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
RADIANCE HLDGS GRPHD 01 cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
RADIANCE HLDGS December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how RADIANCE HLDGS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RADIANCE HLDGS shares will generate the highest return on investment. By undertsting and applying RADIANCE HLDGS stock market strength indicators, traders can identify RADIANCE HLDGS GRPHD 01 entry and exit signals to maximize returns
RADIANCE HLDGS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RADIANCE HLDGS's price direction in advance. Along with the technical and fundamental analysis of RADIANCE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RADIANCE 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 | 0.0815 | |||
| Jensen Alpha | 0.5048 | |||
| Total Risk Alpha | (0.65) | |||
| Sortino Ratio | 0.0795 | |||
| Treynor Ratio | 0.3259 |
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Complementary Tools for RADIANCE Stock analysis
When running RADIANCE HLDGS's price analysis, check to measure RADIANCE HLDGS'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 RADIANCE HLDGS is operating at the current time. Most of RADIANCE HLDGS's value examination focuses on studying past and present price action to predict the probability of RADIANCE HLDGS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RADIANCE HLDGS's price. Additionally, you may evaluate how the addition of RADIANCE HLDGS to your portfolios can decrease your overall portfolio volatility.
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