Remgro (South Africa) Price on August 7, 2023

REM Stock   14,809  234.00  1.56%   
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 14,809, as last reported on the 11th of January 2025, with the highest price reaching 15,140 and the lowest price hitting 14,608 during the day. Remgro maintains Sharpe Ratio (i.e., Efficiency) of -0.063, which implies the firm had a -0.063% 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 (0.03), coefficient of variation of (2,165), and Variance of 1.6 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 = -0.063

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Estimated Market Risk

 1.27
  actual daily
11
89% of assets are more volatile

Expected Return

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

Risk-Adjusted Return

 -0.06
  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 August 7, 2023

It is possible to determine the worth of Remgro on a given historical date. On August 7, 2023 Remgro was worth 15406.15 at the beginning of the trading date compared to the closed value of 15493.45. 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
  15,158    15,502    15,158    15,459    797,049  
08/07/2023
  15,406    15,559    15,394    15,493    442,135  
  15,161    15,649    15,161    15,481    827,076  
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Open Value
15406.15
15,402
Downside
15493.45
Closing Value
15,410
Upside

Remgro Trading Date Momentum on August 7, 2023

On August 08 2023 Remgro was traded for  15,481  at the closing time. The highest price during the trading period was 15,649  and the lowest recorded bid was listed for  15,161 . The volume for the day was 827.1 K. This history from August 8, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.08% . The trading delta at closing time to the current price is 0.71% .

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 11, 2025
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High

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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 11, 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.
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