Ryde Group Stock Price on November 15, 2024
RYDE Stock | 0.43 0.02 4.88% |
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 0.43, as last reported on the 25th of November, with the highest price reaching 0.44 and the lowest price hitting 0.40 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-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ryde's Variance of 233.03, risk adjusted performance of (0.11), and Coefficient Of Variation of (638.37) 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). . As of November 25, 2024, Price To Sales Ratio is expected to decline to 10.43. In addition to that, Price Earnings Ratio is expected to decline to -8.26. Ryde Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ryde |
Sharpe Ratio = -0.1521
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | RYDE |
Estimated Market Risk
15.45 actual daily | 96 96% of assets are less volatile |
Expected Return
-2.35 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.
Related Headline
Coca Cola Headline on 15th of November 2024
Curi RMB Capital LLC Trims Stock Holdings in The Coca-Cola C... by thelincolnianonline.com
Curi RMB Capital LLC lessened its stake in shares of The Coca-Cola Company by 36.1 percent in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 95,111 shares of the companys stock after selling 53,815 shares during the quarter. Curi RMB Capital LLCs holdings in Coca-Cola were worth 6,835,000 at the end
Ryde Valuation on November 15, 2024
It is possible to determine the worth of Ryde on a given historical date. On November 15, 2024 Ryde was worth 0.48 at the beginning of the trading date compared to the closed value of 0.47. 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 | |
0.45 | 0.49 | 0.45 | 0.48 | 201,700 | |
11/15/2024 | 0.48 | 0.48 | 0.45 | 0.47 | 134,900 |
0.48 | 0.49 | 0.45 | 0.47 | 179,000 |
Backtest Ryde | | | Ryde History | | | Ryde Valuation | Previous | Next |
Ryde Trading Date Momentum on November 15, 2024
On November 18 2024 Ryde Group was traded for 0.47 at the closing time. The top price for the day was 0.49 and the lowest listed price was 0.45 . The trading volume for the day was 179 K. The trading history from November 18, 2024 did not cause price change. The trading delta at closing time against the current closing price is 14.89% . |
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 25, 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 25, 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 | (4.81) | |||
Treynor Ratio | 0.9438 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
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.
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |