Ryde Group Stock Price on October 3, 2024
| RYDE Stock | 0.41 0.02 4.65% |
If you're considering investing in Ryde Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ryde stands at 0.41, as last reported on the 28th of November, with the highest price reaching 0.42 and the lowest price hitting 0.41 during the day. Ryde Group maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Ryde Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ryde's Risk Adjusted Performance of (0.11), coefficient of variation of (648.23), and Variance of 231.79 to confirm the risk estimate we provide.
The current year's Stock Based Compensation is expected to grow to about 7.3 M, whereas Total Stockholder Equity is forecasted to decline to (5.8 M). . At present, Ryde's Price Sales Ratio is projected to slightly decrease based on the last few years of reporting. Ryde Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ryde |
Sharpe Ratio = -0.1474
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Estimated Market Risk
| 15.43 actual daily | 96 96% of assets are less volatile |
Expected Return
| -2.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ryde 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 Ryde by adding Ryde to a well-diversified portfolio.
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Ryde Valuation on October 3, 2024
It is possible to determine the worth of Ryde on a given historical date. On October 3, 2024 Ryde was worth 0.76 at the beginning of the trading date compared to the closed value of 0.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ryde stock. Still, in general, we apply an absolute valuation method to find Ryde'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 Ryde where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ryde's related companies.
| Open | High | Low | Close | Volume | |
| 0.74 | 0.76 | 0.72 | 0.73 | 901,500 | |
10/03/2024 | 0.76 | 0.80 | 0.74 | 0.74 | 736,225 |
| 0.78 | 0.78 | 0.72 | 0.74 | 611,500 |
| Backtest Ryde | | | Ryde History | | | Ryde Valuation | Previous | Next |
Ryde Trading Date Momentum on October 3, 2024
| On October 04 2024 Ryde Group was traded for 0.74 at the closing time. The top price for the day was 0.78 and the lowest listed price was 0.72 . The trading volume for the day was 611.5 K. The trading history from October 4, 2024 did not cause price change. The trading delta at closing time against the current closing price is 12.16% . |
Ryde Group Fundamentals Correlations and Trends
By evaluating Ryde'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 Ryde's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ryde financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ryde Stock history
Ryde 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 Ryde is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ryde Group 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 Ryde stock prices may prove useful in developing a viable investing in Ryde
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19.1 M | 15.6 M |
Ryde Stock Technical Analysis
Ryde 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
Ryde Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Ryde Group cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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.
Ryde November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Ryde stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ryde shares will generate the highest return on investment. By undertsting and applying Ryde stock market strength indicators, traders can identify Ryde Group entry and exit signals to maximize returns
Ryde Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ryde's price direction in advance. Along with the technical and fundamental analysis of Ryde Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ryde 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 | (0.11) | |||
| Jensen Alpha | (2.09) | |||
| Total Risk Alpha | (4.65) | |||
| Treynor Ratio | 0.9996 |
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| Math Transform | ||
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| Statistic Functions | ||
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| Volume Indicators |
Complementary Tools for Ryde Stock analysis
When running Ryde's price analysis, check to measure Ryde'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 Ryde is operating at the current time. Most of Ryde's value examination focuses on studying past and present price action to predict the probability of Ryde's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryde's price. Additionally, you may evaluate how the addition of Ryde to your portfolios can decrease your overall portfolio volatility.
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