RHI Magnesita (Austria) Price on September 27, 2024
RHIM Stock | EUR 38.00 0.20 0.53% |
If you're considering investing in RHI Stock, it is important to understand the factors that can impact its price. As of today, the current price of RHI Magnesita stands at 38.00, as last reported on the 18th of December 2024, with the highest price reaching 38.00 and the lowest price hitting 37.50 during the day. RHI Magnesita NV maintains Sharpe Ratio (i.e., Efficiency) of -0.0231, which implies the firm had a -0.0231% return per unit of volatility over the last 3 months. RHI Magnesita NV exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RHI Magnesita's semi deviation of 1.73, and Risk Adjusted Performance of 0.0108 to confirm the risk estimate we provide.
RHI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
RHI |
Sharpe Ratio = -0.0231
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Estimated Market Risk
1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average RHI Magnesita is not performing at its full potential. However, 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 RHI Magnesita by adding RHI Magnesita to a well-diversified portfolio.
RHI Magnesita Valuation on September 27, 2024
It is possible to determine the worth of RHI Magnesita on a given historical date. On September 27, 2024 RHI was worth 40.4 at the beginning of the trading date compared to the closed value of 41.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RHI Magnesita stock. Still, in general, we apply an absolute valuation method to find RHI Magnesita'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 RHI Magnesita where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RHI Magnesita's related companies.
Open | High | Low | Close | Volume | |
39.70 | 40.60 | 39.50 | 40.60 | 2,131 | |
09/27/2024 | 40.40 | 41.10 | 40.10 | 41.10 | 2,250 |
41.10 | 41.40 | 40.20 | 41.30 | 3,891 |
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RHI Magnesita Trading Date Momentum on September 27, 2024
On September 30 2024 RHI Magnesita NV was traded for 41.30 at the closing time. The highest price during the trading period was 41.40 and the lowest recorded bid was listed for 40.20 . The volume for the day was 3.9 K. This history from September 30, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.49% . The trading delta at closing time to the current price is 1.46% . |
RHI Magnesita NV Fundamentals Correlations and Trends
By evaluating RHI Magnesita'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 RHI Magnesita's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RHI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About RHI Magnesita Stock history
RHI Magnesita 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 RHI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RHI Magnesita NV 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 RHI Magnesita stock prices may prove useful in developing a viable investing in RHI Magnesita
RHI Magnesita Stock Technical Analysis
RHI Magnesita 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
RHI Magnesita Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
RHI Magnesita NV cannot be verified against its exchange. Please verify the symbol is currently traded on Vienna 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.
RHI Magnesita December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how RHI Magnesita stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RHI Magnesita shares will generate the highest return on investment. By undertsting and applying RHI Magnesita stock market strength indicators, traders can identify RHI Magnesita NV entry and exit signals to maximize returns
RHI Magnesita Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RHI Magnesita's price direction in advance. Along with the technical and fundamental analysis of RHI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RHI 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 | 0.0108 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.14) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.0021 |
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Volume Indicators |
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When running RHI Magnesita's price analysis, check to measure RHI Magnesita'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 RHI Magnesita is operating at the current time. Most of RHI Magnesita's value examination focuses on studying past and present price action to predict the probability of RHI Magnesita's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RHI Magnesita's price. Additionally, you may evaluate how the addition of RHI Magnesita to your portfolios can decrease your overall portfolio volatility.
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