RWE AG (Germany) Price on September 26, 2024
RWE Stock | EUR 30.85 0.11 0.36% |
If you're considering investing in RWE Stock, it is important to understand the factors that can impact its price. As of today, the current price of RWE AG stands at 30.85, as last reported on the 27th of November, with the highest price reaching 31.03 and the lowest price hitting 30.83 during the day. RWE AG maintains Sharpe Ratio (i.e., Efficiency) of -0.0583, which implies the firm had a -0.0583% return per unit of volatility over the last 3 months. RWE AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RWE AG's risk adjusted performance of (0.04), and Coefficient Of Variation of (1,715) to confirm the risk estimate we provide.
RWE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
RWE |
Sharpe Ratio = -0.0583
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Estimated Market Risk
1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average RWE AG 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 RWE AG by adding RWE AG to a well-diversified portfolio.
RWE AG Valuation on September 26, 2024
It is possible to determine the worth of RWE AG on a given historical date. On September 26, 2024 RWE was worth 32.44 at the beginning of the trading date compared to the closed value of 33.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RWE AG stock. Still, in general, we apply an absolute valuation method to find RWE AG'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 RWE AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RWE AG's related companies.
Open | High | Low | Close | Volume | |
32.14 | 32.20 | 31.89 | 32.20 | 20,561 | |
09/26/2024 | 32.44 | 33.22 | 32.44 | 33.00 | 10,235 |
32.98 | 33.40 | 32.98 | 33.19 | 6,215 |
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RWE AG Trading Date Momentum on September 26, 2024
On September 27 2024 RWE AG was traded for 33.19 at the closing time. The highest daily price throughout the period was 33.40 and the lowest price was 32.98 . The daily volume was 6.2 K. The net trading volume on 09/27/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.58% . The trading delta at closing time to current closing price is 4.00% . |
RWE AG Fundamentals Correlations and Trends
By evaluating RWE AG'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 RWE AG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RWE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About RWE AG Stock history
RWE AG 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 RWE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RWE 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 RWE AG stock prices may prove useful in developing a viable investing in RWE AG
It operates through four segments Lignite Nuclear European Power Supply Trading and Innogy. The company was founded in 1898 and is headquartered in Essen, Germany. RWE AG operates under Utilities - Diversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 17908 people.
RWE AG Stock Technical Analysis
RWE AG 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
RWE AG Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
RWE AG cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
RWE AG November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how RWE AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RWE AG shares will generate the highest return on investment. By undertsting and applying RWE AG stock market strength indicators, traders can identify RWE AG entry and exit signals to maximize returns
RWE AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RWE AG's price direction in advance. Along with the technical and fundamental analysis of RWE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RWE 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 | (0.04) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.30) | |||
Treynor Ratio | 0.3326 |
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Volume Indicators |
Complementary Tools for RWE Stock analysis
When running RWE AG's price analysis, check to measure RWE AG'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 RWE AG is operating at the current time. Most of RWE AG's value examination focuses on studying past and present price action to predict the probability of RWE AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RWE AG's price. Additionally, you may evaluate how the addition of RWE AG to your portfolios can decrease your overall portfolio volatility.
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