Rent The Runway Stock Price on November 27, 2024

RENT Stock  USD 11.73  1.74  17.42%   
If you're considering investing in Rent Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rent The stands at 11.73, as last reported on the 30th of November, with the highest price reaching 11.90 and the lowest price hitting 10.10 during the day. Currently, Rent the Runway is relatively risky. Rent the Runway maintains Sharpe Ratio (i.e., Efficiency) of 0.0265, which implies the firm had a 0.0265% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rent the Runway, which you can use to evaluate the volatility of the company. Please check Rent The's Coefficient Of Variation of 3394.93, risk adjusted performance of 0.0314, and Semi Deviation of 6.98 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
  
At this time, Rent The's Common Stock Shares Outstanding is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 977.3 M in 2024, whereas Capital Stock is likely to drop 0.00 in 2024. . At this time, Rent The's Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.03 in 2024, whereas Price Earnings Ratio is likely to drop (131.07) in 2024. Rent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0265

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Estimated Market Risk

 6.66
  actual daily
59
59% of assets are less volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Rent The is performing at about 2% 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 Rent The by adding it to a well-diversified portfolio.
Price Book
12.3028
Enterprise Value Ebitda
6.1603
Price Sales
0.1259
Shares Float
2.2 M
Wall Street Target Price
33

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Rent The Valuation on November 27, 2024

It is possible to determine the worth of Rent The on a given historical date. On November 27, 2024 Rent was worth 10.05 at the beginning of the trading date compared to the closed value of 9.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rent The stock. Still, in general, we apply an absolute valuation method to find Rent The'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 Rent The where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rent The's related companies.
 Open High Low Close Volume
  10.01    10.25    9.63    10.05    22,281  
11/27/2024
  10.05    10.24    9.61    9.99    47,065  
  10.23    11.90    10.10    11.73    75,043  
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Open Value
10.05
9.99
Closing Value
30.04
Upside

Rent The Trading Date Momentum on November 27, 2024

On November 29 2024 Rent the Runway was traded for  11.73  at the closing time. The top price for the day was 11.90  and the lowest listed price was  10.10 . The trading volume for the day was 75 K. The trading history from November 29, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 17.42% . The trading delta at closing time against the current closing price is 2.40% .

Rent the Runway Fundamentals Correlations and Trends

By evaluating Rent The'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 Rent The's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rent financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Rent The Stock history

Rent The 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 Rent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rent the Runway 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 Rent The stock prices may prove useful in developing a viable investing in Rent The
Last ReportedProjected for Next Year
Common Stock Shares Outstanding3.4 M4.5 M
Net Loss-159.5 M-167.5 M

Rent The Quarterly Net Working Capital

44.3 Million

Rent The Stock Technical Analysis

Rent The 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.
A focus of Rent The technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rent The trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Rent The Period Price Range

Low
November 30, 2024
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High

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Rent the Runway 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.

Rent The November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Rent The stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rent The shares will generate the highest return on investment. By undertsting and applying Rent The stock market strength indicators, traders can identify Rent the Runway entry and exit signals to maximize returns

Rent The Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Rent The's price direction in advance. Along with the technical and fundamental analysis of Rent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rent 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.

Additional Tools for Rent Stock Analysis

When running Rent The's price analysis, check to measure Rent The'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 Rent The is operating at the current time. Most of Rent The's value examination focuses on studying past and present price action to predict the probability of Rent The's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rent The's price. Additionally, you may evaluate how the addition of Rent The to your portfolios can decrease your overall portfolio volatility.