Ras Technology (Australia) Price on August 30, 2023
| RTH Stock | 0.96 0.10 9.43% |
If you're considering investing in Ras Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ras Technology stands at 0.96, as last reported on the 30th of November, with the highest price reaching 1.04 and the lowest price hitting 0.96 during the day. Ras Technology Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.21, which implies the firm had a -0.21% return per unit of risk over the last 3 months. Ras Technology Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ras Technology's Coefficient Of Variation of (512.55), risk adjusted performance of (0.14), and Variance of 8.25 to confirm the risk estimate we provide.
At this time, Ras Technology's Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 20.4 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 649.5 K in 2024. . Ras Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ras |
Sharpe Ratio = -0.2137
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Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.61 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ras Technology 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 Ras Technology by adding Ras Technology to a well-diversified portfolio.
Price Book 3.5587 | Enterprise Value Ebitda 19.7263 | Price Sales 3.0589 | Shares Float 17 M | Wall Street Target Price 1.66 |
Ras Technology Valuation on August 30, 2023
It is possible to determine the worth of Ras Technology on a given historical date. On August 30, 2023 Ras was worth 0.7 at the beginning of the trading date compared to the closed value of 0.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ras Technology stock. Still, in general, we apply an absolute valuation method to find Ras Technology'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 Ras Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ras Technology's related companies.
| Open | High | Low | Close | Volume | |
| 0.70 | 0.70 | 0.70 | 0.70 | 17,200 | |
08/30/2023 | 0.70 | 0.82 | 0.70 | 0.82 | 84,060 |
| 0.82 | 0.82 | 0.76 | 0.76 | 2,650 |
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Ras Technology Trading Date Momentum on August 30, 2023
| On August 31 2023 Ras Technology Holdings was traded for 0.76 at the closing time. The maximum traded price for the trading interval was 0.82 and the lowest daily price was 0.76 . The daily volume was recorded at 2.6 K. The volume of trading on 31st of August 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 7.32% . The trading delta at closing time to the closing price today is 15.85% . |
Ras Technology Holdings Fundamentals Correlations and Trends
By evaluating Ras Technology'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 Ras Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ras financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ras Technology Stock history
Ras Technology 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 Ras is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ras Technology Holdings 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 Ras Technology stock prices may prove useful in developing a viable investing in Ras Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 45.5 M | 50 M | |
| Net Loss | -1.2 M | -1.1 M |
Ras Technology Stock Technical Analysis
Ras Technology 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
Ras Technology Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Ras Technology Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Ras Technology November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Ras Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ras Technology shares will generate the highest return on investment. By undertsting and applying Ras Technology stock market strength indicators, traders can identify Ras Technology Holdings entry and exit signals to maximize returns
Ras Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ras Technology's price direction in advance. Along with the technical and fundamental analysis of Ras Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ras 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 | (0.14) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (1.05) | |||
| Treynor Ratio | 0.4734 |
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Additional Tools for Ras Stock Analysis
When running Ras Technology's price analysis, check to measure Ras Technology'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 Ras Technology is operating at the current time. Most of Ras Technology's value examination focuses on studying past and present price action to predict the probability of Ras Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ras Technology's price. Additionally, you may evaluate how the addition of Ras Technology to your portfolios can decrease your overall portfolio volatility.