Raubex (South Africa) Price on September 30, 2024

RBX Stock   5,256  106.00  2.06%   
If you're considering investing in Raubex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Raubex stands at 5,256, as last reported on the 23rd of December, with the highest price reaching 5,298 and the lowest price hitting 5,026 during the day. Raubex maintains Sharpe Ratio (i.e., Efficiency) of -0.0458, which implies the firm had a -0.0458% return per unit of risk over the last 3 months. Raubex exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Raubex's Coefficient Of Variation of (2,845), risk adjusted performance of (0.02), and Variance of 3.45 to confirm the risk estimate we provide.
  
Raubex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0458

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsRBX

Estimated Market Risk

 1.83
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Raubex 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 Raubex by adding Raubex to a well-diversified portfolio.

Raubex Valuation on September 30, 2024

It is possible to determine the worth of Raubex on a given historical date. On September 30, 2024 Raubex was worth 5500.0 at the beginning of the trading date compared to the closed value of 5254.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Raubex stock. Still, in general, we apply an absolute valuation method to find Raubex'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 Raubex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Raubex's related companies.
 Open High Low Close Volume
  5,700    5,949    5,422    5,500    786,673  
09/30/2024
  5,500    5,520    5,186    5,254    332,393  
  5,292    5,428    5,218    5,227    588,761  
Backtest Raubex  |  Raubex History  |  Raubex Valuation   PreviousNext  
Open Value
5500.0
5254.0
Closing Value
5,506
Upside

Raubex Trading Date Momentum on September 30, 2024

On October 01 2024 Raubex was traded for  5,227  at the closing time. The highest price during the trading period was 5,428  and the lowest recorded bid was listed for  5,218 . The volume for the day was 588.8 K. This history from October 1, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.51% . The trading delta at closing time to the current price is 1.03% .

Raubex Fundamentals Correlations and Trends

By evaluating Raubex'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 Raubex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Raubex financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Raubex Stock history

Raubex 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 Raubex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Raubex 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 Raubex stock prices may prove useful in developing a viable investing in Raubex

Raubex Stock Technical Analysis

Raubex 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.
A focus of Raubex technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Raubex trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Raubex Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Raubex cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.

Raubex December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Raubex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Raubex shares will generate the highest return on investment. By undertsting and applying Raubex stock market strength indicators, traders can identify Raubex entry and exit signals to maximize returns

Raubex Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Raubex's price direction in advance. Along with the technical and fundamental analysis of Raubex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Raubex 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.

Complementary Tools for Raubex Stock analysis

When running Raubex's price analysis, check to measure Raubex'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 Raubex is operating at the current time. Most of Raubex's value examination focuses on studying past and present price action to predict the probability of Raubex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raubex's price. Additionally, you may evaluate how the addition of Raubex to your portfolios can decrease your overall portfolio volatility.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope