Rectitude Holdings Ltd Stock Price on July 11, 2024
| RECT Stock | 4.68 0.63 15.56% |
If you're considering investing in Rectitude Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rectitude Holdings stands at 4.68, as last reported on the 29th of November, with the highest price reaching 4.94 and the lowest price hitting 4.08 during the day. Rectitude Holdings appears to be relatively risky, given 3 months investment horizon. Rectitude Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. By analyzing Rectitude Holdings' technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please evaluate Rectitude Holdings' Semi Deviation of 2.72, risk adjusted performance of 0.1023, and Coefficient Of Variation of 809.13 to confirm if our risk estimates are consistent with your expectations.
Total Stockholder Equity is likely to drop to about 6.4 M in 2024. Common Stock Shares Outstanding is likely to drop to about 10.5 M in 2024. At this time, Rectitude Holdings' Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 31.71 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop 15.80 in 2024. Rectitude Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rectitude |
Sharpe Ratio = 0.1773
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Estimated Market Risk
| 3.78 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Rectitude Holdings is performing at about 13% 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 Rectitude Holdings by adding it to a well-diversified portfolio.
Price Book 4.2128 | Enterprise Value Ebitda 11.3725 | Price Sales 1.1389 | Shares Float 2.4 M | Earnings Share 0.18 |
Related Headline
Hurco Companies Headline on 11th of July 2024
Acquisition by Haiquynh Jamison of 645 shares of Hurco Compa... by Haiquynh Jamison
Filed transaction by Hurco Companies Officer: Corporate Controller. Grant, award or other acquisition pursuant to Rule 16b-3(d)
Rectitude Holdings Valuation on July 11, 2024
It is possible to determine the worth of Rectitude Holdings on a given historical date. On July 11, 2024 Rectitude was worth 3.25 at the beginning of the trading date compared to the closed value of 3.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rectitude Holdings stock. Still, in general, we apply an absolute valuation method to find Rectitude Holdings' 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 Rectitude Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rectitude Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 3.36 | 3.39 | 3.10 | 3.28 | 28,000 | |
07/11/2024 | 3.25 | 3.28 | 3.20 | 3.21 | 6,200 |
| 3.24 | 3.30 | 3.23 | 3.26 | 15,032 |
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Rectitude Holdings Trading Date Momentum on July 11, 2024
| On July 12 2024 Rectitude Holdings Ltd was traded for 3.26 at the closing time. The top price for the day was 3.30 and the lowest listed price was 3.23 . The trading volume for the day was 15 K. The trading history from July 12, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 1.56% . The trading delta at closing time against the current closing price is 7.17% . |
Rectitude Holdings Fundamentals Correlations and Trends
By evaluating Rectitude Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Rectitude Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rectitude financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rectitude Holdings Stock history
Rectitude Holdings 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 Rectitude is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rectitude Holdings 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 Rectitude Holdings stock prices may prove useful in developing a viable investing in Rectitude Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 12.5 M | 10.5 M |
Rectitude Holdings Quarterly Net Working Capital |
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Rectitude Holdings Stock Technical Analysis
Rectitude Holdings 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
Rectitude Holdings Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Rectitude Holdings Ltd 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.
Rectitude Holdings November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Rectitude Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rectitude Holdings shares will generate the highest return on investment. By undertsting and applying Rectitude Holdings stock market strength indicators, traders can identify Rectitude Holdings Ltd entry and exit signals to maximize returns
Rectitude Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rectitude Holdings' price direction in advance. Along with the technical and fundamental analysis of Rectitude Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rectitude 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 | 0.1023 | |||
| Jensen Alpha | 0.292 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0802 | |||
| Treynor Ratio | 0.4608 |
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Additional Tools for Rectitude Stock Analysis
When running Rectitude Holdings' price analysis, check to measure Rectitude Holdings' 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 Rectitude Holdings is operating at the current time. Most of Rectitude Holdings' value examination focuses on studying past and present price action to predict the probability of Rectitude Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rectitude Holdings' price. Additionally, you may evaluate how the addition of Rectitude Holdings to your portfolios can decrease your overall portfolio volatility.