Ree Automotive Holding Stock Market Value
| REE Stock | USD 7.83 0.57 7.85% |
| Symbol | Ree |
Ree Automotive Holding Price To Book Ratio
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ree Automotive. If investors know Ree will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ree Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.84) | Revenue Per Share 0.075 | Quarterly Revenue Growth (1.00) | Return On Assets (0.45) | Return On Equity (0.99) |
The market value of Ree Automotive Holding is measured differently than its book value, which is the value of Ree that is recorded on the company's balance sheet. Investors also form their own opinion of Ree Automotive's value that differs from its market value or its book value, called intrinsic value, which is Ree Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ree Automotive's market value can be influenced by many factors that don't directly affect Ree Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ree Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ree Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ree Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Ree Automotive 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ree Automotive's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ree Automotive.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Ree Automotive on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Ree Automotive Holding or generate 0.0% return on investment in Ree Automotive over 30 days. Ree Automotive is related to or competes with VF, Levi Strauss, Under Armour, and Oxford Industries. The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspe... More
Ree Automotive Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ree Automotive's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ree Automotive Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.64 | |||
| Information Ratio | 0.1426 | |||
| Maximum Drawdown | 53.75 | |||
| Value At Risk | (7.62) | |||
| Potential Upside | 18.18 |
Ree Automotive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ree Automotive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ree Automotive's standard deviation. In reality, there are many statistical measures that can use Ree Automotive historical prices to predict the future Ree Automotive's volatility.| Risk Adjusted Performance | 0.1293 | |||
| Jensen Alpha | 1.15 | |||
| Total Risk Alpha | 0.0074 | |||
| Sortino Ratio | 0.271 | |||
| Treynor Ratio | 0.7199 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ree Automotive's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ree Automotive Holding Backtested Returns
Ree Automotive is unstable given 3 months investment horizon. Ree Automotive Holding 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. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.36% are justified by taking the suggested risk. Use Ree Automotive Semi Deviation of 4.15, coefficient of variation of 636.15, and Risk Adjusted Performance of 0.1293 to evaluate company specific risk that cannot be diversified away. Ree Automotive holds a performance score of 12 on a scale of zero to a hundred. The company holds a Beta of 1.91, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ree Automotive will likely underperform. Use Ree Automotive jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to analyze future returns on Ree Automotive.
Auto-correlation | 0.43 |
Average predictability
Ree Automotive Holding has average predictability. Overlapping area represents the amount of predictability between Ree Automotive time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ree Automotive Holding price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Ree Automotive price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Ree Automotive Holding lagged returns against current returns
Autocorrelation, which is Ree Automotive stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ree Automotive's stock expected returns. We can calculate the autocorrelation of Ree Automotive returns to help us make a trade decision. For example, suppose you find that Ree Automotive has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Ree Automotive regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ree Automotive stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ree Automotive stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ree Automotive stock over time.
Current vs Lagged Prices |
| Timeline |
Ree Automotive Lagged Returns
When evaluating Ree Automotive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ree Automotive stock have on its future price. Ree Automotive autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ree Automotive autocorrelation shows the relationship between Ree Automotive stock current value and its past values and can show if there is a momentum factor associated with investing in Ree Automotive Holding.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ree Automotive Holding is a strong investment it is important to analyze Ree Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ree Automotive's future performance. For an informed investment choice regarding Ree Stock, refer to the following important reports:Check out Ree Automotive Correlation, Ree Automotive Volatility and Ree Automotive Alpha and Beta module to complement your research on Ree Automotive. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Ree Automotive 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.