Atrenew Inc Drc Stock Price on June 21, 2024

RERE Stock  USD 3.29  0.15  4.36%   
If you're considering investing in ATRenew Stock, it is important to understand the factors that can impact its price. As of today, the current price of ATRenew stands at 3.29, as last reported on the 30th of November, with the highest price reaching 3.42 and the lowest price hitting 3.27 during the day. ATRenew appears to be relatively risky, given 3 months investment horizon. ATRenew Inc DRC secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. By analyzing ATRenew's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please makes use of ATRenew's mean deviation of 3.26, and Risk Adjusted Performance of 0.1145 to double-check if our risk estimates are consistent with your expectations.
  
At present, ATRenew's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 1.1 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 144.4 M. . At present, ATRenew's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 14.27, whereas Price Earnings Ratio is forecasted to decline to (22.27). ATRenew Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1337

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Estimated Market Risk

 4.6
  actual daily
40
60% of assets are more volatile

Expected Return

 0.62
  actual daily
12
88% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average ATRenew is performing at about 10% 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 ATRenew by adding it to a well-diversified portfolio.
Price Book
1.5325
Enterprise Value Ebitda
(0.60)
Price Sales
0.0524
Shares Float
87.2 M
Wall Street Target Price
22.7965

ATRenew Valuation on June 21, 2024

It is possible to determine the worth of ATRenew on a given historical date. On June 21, 2024 ATRenew was worth 2.23 at the beginning of the trading date compared to the closed value of 2.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ATRenew stock. Still, in general, we apply an absolute valuation method to find ATRenew'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 ATRenew where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ATRenew's related companies.
 Open High Low Close Volume
  2.17    2.20    2.08    2.09    623,576  
06/21/2024
  2.23    2.25    2.05    2.23    2,092,528  
  2.24    2.31    2.20    2.27    979,303  
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Open Value
2.23
2.23
Closing Value
16.04
Upside

ATRenew Trading Date Momentum on June 21, 2024

On June 24 2024 ATRenew Inc DRC was traded for  2.27  at the closing time. The top price for the day was 2.31  and the lowest listed price was  2.20 . The trading volume for the day was 979.3 K. The trading history from June 24, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 1.79% . The overall trading delta against the current closing price is 3.14% .

ATRenew Inc DRC Fundamentals Correlations and Trends

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

About ATRenew Stock history

ATRenew 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 ATRenew is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ATRenew Inc DRC 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 ATRenew stock prices may prove useful in developing a viable investing in ATRenew
Last ReportedProjected for Next Year
Common Stock Shares Outstanding243.2 M144.4 M
Net Loss-2.2 B-2.3 B

ATRenew Quarterly Net Working Capital

2.8 Billion

ATRenew Stock Technical Analysis

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

ATRenew Period Price Range

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November 30, 2024
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ATRenew Inc DRC cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

ATRenew November 30, 2024 Market Strength

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

ATRenew Technical and Predictive Indicators

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

When running ATRenew's price analysis, check to measure ATRenew'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 ATRenew is operating at the current time. Most of ATRenew's value examination focuses on studying past and present price action to predict the probability of ATRenew's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATRenew's price. Additionally, you may evaluate how the addition of ATRenew to your portfolios can decrease your overall portfolio volatility.
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