Raubex (South Africa) Price on December 9, 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-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Raubex's Variance of 3.45, coefficient of variation of (2,845), and Risk Adjusted Performance of (0.02) 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.
Raubex |
Sharpe Ratio = -0.0458
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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 December 9, 2024
It is possible to determine the worth of Raubex on a given historical date. On December 9, 2024 Raubex was worth 5347.0 at the beginning of the trading date compared to the closed value of 5326.0. 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 | |
5,172 | 5,350 | 5,172 | 5,330 | 321,638 | |
12/09/2024 | 5,347 | 5,373 | 5,267 | 5,326 | 430,378 |
5,262 | 5,373 | 5,185 | 5,349 | 168,324 |
Backtest Raubex | | | Raubex History | | | Raubex Valuation | Previous | Next |
Raubex Trading Date Momentum on December 9, 2024
On December 10 2024 Raubex was traded for 5,349 at the closing time. The highest price during the trading period was 5,373 and the lowest recorded bid was listed for 5,185 . The volume for the day was 168.3 K. This history from December 10, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.43% . The trading delta at closing time to the current price is 0.47% . |
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.
Price Boundaries
Raubex Period Price Range
Low | December 23, 2024
| 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.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | 1.3 |
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Overlap Studies | ||
Pattern Recognition | ||
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Volume Indicators |
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.
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