Reunert (South Africa) Price on December 2, 2024
RLO Stock | 7,603 103.00 1.37% |
If you're considering investing in Reunert Stock, it is important to understand the factors that can impact its price. As of today, the current price of Reunert stands at 7,603, as last reported on the 2nd of December, with the highest price reaching 7,667 and the lowest price hitting 7,433 during the day. We have found twenty-three technical indicators for Reunert, which you can use to evaluate the volatility of the company. Please check Reunert's Risk Adjusted Performance of (0.01), variance of 1.62, and Coefficient Of Variation of (5,234) to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Reunert Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Reunert |
Sharpe Ratio = 0.0
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Estimated Market Risk
1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Reunert 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 Reunert by adding Reunert to a well-diversified portfolio.
Reunert Valuation on December 2, 2024
It is possible to determine the worth of Reunert on a given historical date. On December 2, 2024 Reunert was worth 7433.0 at the beginning of the trading date compared to the closed value of 7603.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Reunert stock. Still, in general, we apply an absolute valuation method to find Reunert'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 Reunert where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Reunert's related companies.
Open | High | Low | Close | Volume | |
7,433 | 7,667 | 7,433 | 7,603 | 447,967 | |
12/02/2024 | 7,433 | 7,667 | 7,433 | 7,603 | 0.00 |
Backtest Reunert | | | Reunert History | | | Reunert Valuation | Previous |
Reunert Trading Date Momentum on December 2, 2024
On December 02 2024 Reunert was traded for 7,603 at the closing time. The highest price during the trading period was 7,667 and the lowest recorded bid was listed for 7,433 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not cause price change. The trading delta at closing time to the current price is 2.24% . |
Reunert Fundamentals Correlations and Trends
By evaluating Reunert'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 Reunert's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Reunert financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Reunert Stock history
Reunert 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 Reunert is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Reunert 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 Reunert stock prices may prove useful in developing a viable investing in Reunert
Reunert Stock Technical Analysis
Reunert 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
Reunert Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Reunert cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Reunert December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Reunert stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Reunert shares will generate the highest return on investment. By undertsting and applying Reunert stock market strength indicators, traders can identify Reunert entry and exit signals to maximize returns
Reunert Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Reunert's price direction in advance. Along with the technical and fundamental analysis of Reunert Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Reunert 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 | (0.01) | |||
Jensen Alpha | 0.0082 | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | 0.103 |
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Volume Indicators |
Complementary Tools for Reunert Stock analysis
When running Reunert's price analysis, check to measure Reunert'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 Reunert is operating at the current time. Most of Reunert's value examination focuses on studying past and present price action to predict the probability of Reunert's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reunert's price. Additionally, you may evaluate how the addition of Reunert to your portfolios can decrease your overall portfolio volatility.
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