Rxsight Stock Price on August 5, 2024
| RXST Stock | USD 46.06 0.32 0.69% |
If you're considering investing in Rxsight Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rxsight stands at 46.06, as last reported on the 26th of November, with the highest price reaching 46.82 and the lowest price hitting 45.71 during the day. Rxsight maintains Sharpe Ratio (i.e., Efficiency) of -0.0964, which implies the firm had a -0.0964% return per unit of risk over the last 3 months. Rxsight exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rxsight's Risk Adjusted Performance of (0.08), variance of 5.43, and Coefficient Of Variation of (862.92) to confirm the risk estimate we provide.
At this time, Rxsight's Total Stockholder Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 792.7 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 23.9 K in 2024. . At this time, Rxsight's Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.72 in 2024, despite the fact that Price To Operating Cash Flows Ratio is likely to grow to (31.73). Rxsight Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rxsight |
Sharpe Ratio = -0.0964
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Estimated Market Risk
| 2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rxsight 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 Rxsight by adding Rxsight to a well-diversified portfolio.
Price Book 6.7421 | Enterprise Value Ebitda (7.70) | Price Sales 14.5707 | Shares Float 34.6 M | Wall Street Target Price 63 |
Rxsight Valuation on August 5, 2024
It is possible to determine the worth of Rxsight on a given historical date. On August 5, 2024 Rxsight was worth 38.0 at the beginning of the trading date compared to the closed value of 40.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rxsight stock. Still, in general, we apply an absolute valuation method to find Rxsight'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 Rxsight where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rxsight's related companies.
| Open | High | Low | Close | Volume | |
| 41.67 | 42.90 | 41.00 | 41.77 | 1,061,772 | |
08/05/2024 | 38.00 | 41.68 | 37.55 | 40.78 | 1,003,102 |
| 50.41 | 50.60 | 46.33 | 47.85 | 1,447,475 |
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Rxsight Trading Date Momentum on August 5, 2024
| On August 06 2024 Rxsight was traded for 47.85 at the closing time. The top price for the day was 50.60 and the lowest listed price was 46.33 . The trading volume for the day was 1.4 M. The trading history from August 6, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 17.34% . The trading delta at closing time against the current closing price is 27.51% . |
Rxsight Fundamentals Correlations and Trends
By evaluating Rxsight'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 Rxsight's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rxsight financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rxsight Stock history
Rxsight 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 Rxsight is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rxsight 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 Rxsight stock prices may prove useful in developing a viable investing in Rxsight
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 34.5 M | 31.8 M | |
| Net Loss | -60.1 M | -57.1 M |
Rxsight Quarterly Net Working Capital |
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Rxsight Stock Technical Analysis
Rxsight 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
Rxsight Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Rxsight cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Rxsight November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Rxsight stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rxsight shares will generate the highest return on investment. By undertsting and applying Rxsight stock market strength indicators, traders can identify Rxsight entry and exit signals to maximize returns
Rxsight Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rxsight's price direction in advance. Along with the technical and fundamental analysis of Rxsight Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rxsight 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 | (0.08) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (0.23) |
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Additional Tools for Rxsight Stock Analysis
When running Rxsight's price analysis, check to measure Rxsight'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 Rxsight is operating at the current time. Most of Rxsight's value examination focuses on studying past and present price action to predict the probability of Rxsight's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rxsight's price. Additionally, you may evaluate how the addition of Rxsight to your portfolios can decrease your overall portfolio volatility.