Rocket Internet (Germany) Price on December 4, 2024
RKET Stock | EUR 14.50 0.10 0.69% |
If you're considering investing in Rocket Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rocket Internet stands at 14.50, as last reported on the 4th of December, with the highest price reaching 14.50 and the lowest price hitting 14.40 during the day. Rocket Internet SE maintains Sharpe Ratio (i.e., Efficiency) of -0.0133, which implies the firm had a -0.0133% return per unit of risk over the last 3 months. Rocket Internet SE exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rocket Internet's Coefficient Of Variation of 4384.18, semi deviation of 0.9567, and Risk Adjusted Performance of 0.0214 to confirm the risk estimate we provide.
Rocket Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rocket |
Sharpe Ratio = -0.0133
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Estimated Market Risk
1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rocket Internet 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 Rocket Internet by adding Rocket Internet to a well-diversified portfolio.
Rocket Internet Valuation on December 4, 2024
It is possible to determine the worth of Rocket Internet on a given historical date. On December 4, 2024 Rocket was worth 14.4 at the beginning of the trading date compared to the closed value of 14.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rocket Internet stock. Still, in general, we apply an absolute valuation method to find Rocket Internet'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 Rocket Internet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rocket Internet's related companies.
Open | High | Low | Close | Volume | |
14.40 | 14.50 | 14.40 | 14.50 | 550.00 | |
12/04/2024 | 14.40 | 14.50 | 14.40 | 14.50 | 0.00 |
Backtest Rocket Internet | | | Rocket Internet History | | | Rocket Internet Valuation | Previous |
Rocket Internet Trading Date Momentum on December 4, 2024
On December 04 2024 Rocket Internet SE was traded for 14.50 at the closing time. The highest price during the trading period was 14.50 and the lowest recorded bid was listed for 14.40 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not cause price change. The trading delta at closing time to the current price is 0.69% . |
Rocket Internet SE Fundamentals Correlations and Trends
By evaluating Rocket Internet'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 Rocket Internet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rocket financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rocket Internet Stock history
Rocket Internet 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 Rocket is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rocket Internet SE 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 Rocket Internet stock prices may prove useful in developing a viable investing in Rocket Internet
Rocket Internet Stock Technical Analysis
Rocket Internet 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
Rocket Internet Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Rocket Internet SE cannot be verified against its exchange. Please verify the symbol is currently traded on Hamburg 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.
Rocket Internet December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Rocket Internet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rocket Internet shares will generate the highest return on investment. By undertsting and applying Rocket Internet stock market strength indicators, traders can identify Rocket Internet SE entry and exit signals to maximize returns
Rocket Internet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rocket Internet's price direction in advance. Along with the technical and fundamental analysis of Rocket Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rocket 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 | 0.0214 | |||
Jensen Alpha | 0.0225 | |||
Total Risk Alpha | (0.15) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | (0.55) |
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Other Information on Investing in Rocket Stock
Rocket Internet financial ratios help investors to determine whether Rocket Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rocket with respect to the benefits of owning Rocket Internet security.