Remgro (South Africa) Price on October 25, 2023

REM Stock   15,511  97.00  0.63%   
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 15,511, as last reported on the 24th of December, with the highest price reaching 15,674 and the lowest price hitting 15,358 during the day. At this point, Remgro is very steady. Remgro maintains Sharpe Ratio (i.e., Efficiency) of 0.0379, which implies the firm had a 0.0379% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Remgro, which you can use to evaluate the volatility of the company. Please check Remgro's Coefficient Of Variation of 1225.49, semi deviation of 1.19, and Risk Adjusted Performance of 0.0694 to confirm if the risk estimate we provide is consistent with the expected return of 0.049%.
  
Remgro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0379

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Negative ReturnsREM

Estimated Market Risk

 1.29
  actual daily
11
89% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
2
98% of assets perform better
Based on monthly moving average Remgro is performing at about 2% 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 Remgro by adding it to a well-diversified portfolio.

Remgro Valuation on October 25, 2023

It is possible to determine the worth of Remgro on a given historical date. On October 25, 2023 Remgro was worth 14113.17 at the beginning of the trading date compared to the closed value of 14064.67. 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
  14,074    14,175    14,038    14,117    519,300  
10/25/2023
  14,113    14,182    13,989    14,065    920,597  
  13,969    14,010    13,760    13,948    770,222  
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Open Value
14113.17
14,109
Downside
14064.67
Closing Value
14,117
Upside

Remgro Trading Date Momentum on October 25, 2023

On October 26 2023 Remgro was traded for  13,948  at the closing time. The highest price during the trading period was 14,010  and the lowest recorded bid was listed for  13,760 . The volume for the day was 770.2 K. This history from October 26, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.83% . The trading delta at closing time to the current price is 0.29% .

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
December 24, 2024
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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 December 24, 2024 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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