Rheinmetall (Germany) Price on December 3, 2024
| RHM Stock | EUR 635.60 8.00 1.27% |
If you're considering investing in Rheinmetall Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rheinmetall stands at 635.60, as last reported on the 4th of December, with the highest price reaching 635.60 and the lowest price hitting 628.00 during the day. Rheinmetall appears to be very steady, given 3 months investment horizon. Rheinmetall AG maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Rheinmetall AG, which you can use to evaluate the volatility of the company. Please evaluate Rheinmetall's Risk Adjusted Performance of 0.1073, coefficient of variation of 755.97, and Semi Deviation of 1.67 to confirm if our risk estimates are consistent with your expectations.
Rheinmetall Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rheinmetall |
Sharpe Ratio = 0.1671
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Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Rheinmetall 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 Rheinmetall by adding it to a well-diversified portfolio.
Rheinmetall Valuation on December 3, 2024
It is possible to determine the worth of Rheinmetall on a given historical date. On December 3, 2024 Rheinmetall was worth 628.0 at the beginning of the trading date compared to the closed value of 635.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rheinmetall stock. Still, in general, we apply an absolute valuation method to find Rheinmetall'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 Rheinmetall where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rheinmetall's related companies.
| Open | High | Low | Close | Volume | |
| 623.80 | 628.20 | 623.80 | 627.60 | 291.00 | |
12/03/2024 | 628.00 | 635.60 | 628.00 | 635.60 | 95.00 |
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Rheinmetall Trading Date Momentum on December 3, 2024
| On December 03 2024 Rheinmetall AG was traded for 635.60 at the closing time. The maximum traded price for the trading interval was 635.60 and the lowest daily price was 628.00 . The daily volume was recorded at 95.0. The volume of trading on 3rd of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 1.20% . |
Rheinmetall AG Fundamentals Correlations and Trends
By evaluating Rheinmetall'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 Rheinmetall's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rheinmetall financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rheinmetall Stock history
Rheinmetall 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 Rheinmetall is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rheinmetall AG 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 Rheinmetall stock prices may prove useful in developing a viable investing in Rheinmetall
Rheinmetall Stock Technical Analysis
Rheinmetall 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
Rheinmetall Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Rheinmetall AG cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin 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.
Rheinmetall December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Rheinmetall stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rheinmetall shares will generate the highest return on investment. By undertsting and applying Rheinmetall stock market strength indicators, traders can identify Rheinmetall AG entry and exit signals to maximize returns
Rheinmetall Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rheinmetall's price direction in advance. Along with the technical and fundamental analysis of Rheinmetall Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rheinmetall 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 | 0.1073 | |||
| Jensen Alpha | 0.2021 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0831 | |||
| Treynor Ratio | 0.4138 |
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| Volume Indicators |
Complementary Tools for Rheinmetall Stock analysis
When running Rheinmetall's price analysis, check to measure Rheinmetall'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 Rheinmetall is operating at the current time. Most of Rheinmetall's value examination focuses on studying past and present price action to predict the probability of Rheinmetall's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rheinmetall's price. Additionally, you may evaluate how the addition of Rheinmetall to your portfolios can decrease your overall portfolio volatility.
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