Remgro (South Africa) Price on April 11, 2024

REM Stock   15,357  61.00  0.40%   
If you're considering investing in Remgro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Remgro stands at 15,357, as last reported on the 3rd of January, with the highest price reaching 15,461 and the lowest price hitting 15,000 during the day. Remgro maintains Sharpe Ratio (i.e., Efficiency) of -0.0083, which implies the firm had a -0.0083% return per unit of risk over the last 3 months. Remgro exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Remgro's Risk Adjusted Performance of (0.02), coefficient of variation of (4,224), and Variance of 1.56 to confirm the risk estimate we provide.
  
Remgro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0083

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

Estimated Market Risk

 1.29
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Remgro 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 Remgro by adding Remgro to a well-diversified portfolio.

Remgro Valuation on April 11, 2024

It is possible to determine the worth of Remgro on a given historical date. On April 11, 2024 Remgro was worth 12025.23 at the beginning of the trading date compared to the closed value of 12142.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Remgro stock. Still, in general, we apply an absolute valuation method to find Remgro'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 Remgro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Remgro's related companies.
 Open High Low Close Volume
  12,363    12,363    11,970    12,025    2,073,383  
04/11/2024
  12,025    12,158    11,970    12,143    920,206  
  12,117    12,165    11,751    11,751    1,497,689  
Backtest Remgro  |  Remgro History  |  Remgro Valuation   PreviousNext  
Open Value
12025.23
12,021
Downside
12142.97
Closing Value
12,029
Upside

Remgro Trading Date Momentum on April 11, 2024

On April 12 2024 Remgro was traded for  11,751  at the closing time. The highest price during the trading period was 12,165  and the lowest recorded bid was listed for  11,751 . The volume for the day was 1.5 M. This history from April 12, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.22% . The trading delta at closing time to the current price is 3.16% .

Remgro Fundamentals Correlations and Trends

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

About Remgro Stock history

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

Remgro Stock Technical Analysis

Remgro 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 Remgro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Remgro 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

Remgro Period Price Range

Low
January 3, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Remgro 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.

Remgro January 3, 2025 Market Strength

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

Remgro Technical and Predictive Indicators

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

When running Remgro's price analysis, check to measure Remgro'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 Remgro is operating at the current time. Most of Remgro's value examination focuses on studying past and present price action to predict the probability of Remgro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Remgro's price. Additionally, you may evaluate how the addition of Remgro to your portfolios can decrease your overall portfolio volatility.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes