Rave Restaurant Group Stock Price on November 13, 2024
| RAVE Stock | USD 2.70 0.13 4.59% |
If you're considering investing in Rave Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rave Restaurant stands at 2.70, as last reported on the 19th of December, with the highest price reaching 2.89 and the lowest price hitting 2.70 during the day. Rave Restaurant appears to be risky, given 3 months investment horizon. Rave Restaurant Group maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Rave Restaurant's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please evaluate Rave Restaurant's Coefficient Of Variation of 608.48, semi deviation of 2.55, and Risk Adjusted Performance of 0.1387 to confirm if our risk estimates are consistent with your expectations.
Rave Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rave |
Sharpe Ratio = 0.1643
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Estimated Market Risk
| 4.4 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Rave Restaurant is performing at about 12% of its full potential. 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 Rave Restaurant by adding it to a well-diversified portfolio.
Rave Restaurant Valuation on November 13, 2024
It is possible to determine the worth of Rave Restaurant on a given historical date. On November 13, 2024 Rave was worth 2.7 at the beginning of the trading date compared to the closed value of 2.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rave Restaurant stock. Still, in general, we apply an absolute valuation method to find Rave Restaurant'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 Rave Restaurant where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rave Restaurant's related companies.
| Open | High | Low | Close | Volume | |
| 2.80 | 2.80 | 2.56 | 2.66 | 83,509 | |
11/13/2024 | 2.70 | 2.76 | 2.68 | 2.72 | 30,847 |
| 2.70 | 2.84 | 2.70 | 2.80 | 30,999 |
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Rave Restaurant Trading Date Momentum on November 13, 2024
| On November 14 2024 Rave Restaurant Group was traded for 2.80 at the closing time. The top price for the day was 2.84 and the lowest listed price was 2.70 . The trading volume for the day was 31 K. The trading history from November 14, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 2.94% . The trading delta at closing time against the current closing price is 5.88% . |
Rave Restaurant Group Fundamentals Correlations and Trends
By evaluating Rave Restaurant'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 Rave Restaurant's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rave financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rave Restaurant Stock history
Rave Restaurant 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 Rave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rave Restaurant 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 Rave Restaurant stock prices may prove useful in developing a viable investing in Rave Restaurant
Rave Restaurant Group, Inc., together with its subsidiaries, operates and franchises pizza buffet, deliverycarry-out , and express restaurants under the Pizza Inn trademark in the United States and internationally. Rave Restaurant Group, Inc. was founded in 1958 and is based in The Colony, Texas. Rave Restaurant operates under Restaurants classification in the United States and is traded on NASDAQ Exchange. It employs 24 people.
Rave Restaurant Stock Technical Analysis
Rave Restaurant 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
Rave Restaurant Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Rave Restaurant Group 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.
Rave Restaurant December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Rave Restaurant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rave Restaurant shares will generate the highest return on investment. By undertsting and applying Rave Restaurant stock market strength indicators, traders can identify Rave Restaurant Group entry and exit signals to maximize returns
Rave Restaurant Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rave Restaurant's price direction in advance. Along with the technical and fundamental analysis of Rave Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rave 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 | 0.1387 | |||
| Jensen Alpha | 0.6915 | |||
| Total Risk Alpha | 0.5833 | |||
| Sortino Ratio | 0.2298 | |||
| Treynor Ratio | 0.7749 |
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Complementary Tools for Rave Stock analysis
When running Rave Restaurant's price analysis, check to measure Rave Restaurant'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 Rave Restaurant is operating at the current time. Most of Rave Restaurant's value examination focuses on studying past and present price action to predict the probability of Rave Restaurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rave Restaurant's price. Additionally, you may evaluate how the addition of Rave Restaurant to your portfolios can decrease your overall portfolio volatility.
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