Reto Eco Solutions Stock Price on December 4, 2024
RETO Stock | USD 0.87 0.01 1.14% |
Below is the normalized historical share price chart for ReTo Eco Solutions extending back to November 29, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ReTo Eco stands at 0.87, as last reported on the 29th of December, with the highest price reaching 0.88 and the lowest price hitting 0.86 during the day.
If you're considering investing in ReTo Stock, it is important to understand the factors that can impact its price. ReTo Eco Solutions maintains Sharpe Ratio (i.e., Efficiency) of -0.19, which implies the firm had a -0.19% return per unit of standard deviation over the last 3 months. ReTo Eco Solutions exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ReTo Eco's Market Risk Adjusted Performance of 0.8252, coefficient of variation of (957.14), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
At this time, ReTo Eco's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 29th of December 2024, Common Stock is likely to grow to about 126.5 K, while Total Stockholder Equity is likely to drop about 4.1 M. . As of the 29th of December 2024, Price To Sales Ratio is likely to drop to 0.89. In addition to that, Price Earnings Ratio is likely to grow to -0.18. ReTo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 29th of November 2017 | 200 Day MA 1.3694 | 50 Day MA 1.0168 | Beta 1.4 |
ReTo |
Sharpe Ratio = -0.1924
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Estimated Market Risk
4.04 actual daily | 35 65% of assets are more volatile |
Expected Return
-0.78 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ReTo Eco 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 ReTo Eco by adding ReTo Eco to a well-diversified portfolio.
Price Book 1.3295 | Enterprise Value Ebitda (1.28) | Price Sales 4.6129 | Shares Float 2 M | Earnings Share 0.94 |
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ReTo Eco Valuation on December 4, 2024
It is possible to determine the worth of ReTo Eco on a given historical date. On December 4, 2024 ReTo was worth 0.88 at the beginning of the trading date compared to the closed value of 0.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ReTo Eco stock. Still, in general, we apply an absolute valuation method to find ReTo Eco'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 ReTo Eco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ReTo Eco's related companies.
Open | High | Low | Close | Volume | |
0.93 | 0.94 | 0.90 | 0.91 | 20,866 | |
12/04/2024 | 0.88 | 0.94 | 0.87 | 0.91 | 41,595 |
0.90 | 0.93 | 0.88 | 0.92 | 15,974 |
Backtest ReTo Eco | | | ReTo Eco History | | | ReTo Eco Valuation | Previous | Next |
ReTo Eco Trading Date Momentum on December 4, 2024
On December 05 2024 ReTo Eco Solutions was traded for 0.92 at the closing time. The top price for the day was 0.93 and the lowest listed price was 0.88 . The trading volume for the day was 16 K. The trading history from December 5, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 1.10% . The trading delta at closing time against the current closing price is 5.49% . |
ReTo Eco Solutions Fundamentals Correlations and Trends
By evaluating ReTo Eco'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 ReTo Eco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ReTo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ReTo Eco Stock history
ReTo Eco 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 ReTo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ReTo Eco Solutions 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 ReTo Eco stock prices may prove useful in developing a viable investing in ReTo Eco
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 804.6 K | 764.3 K | |
Net Loss | -13.2 M | -12.5 M |
ReTo Eco Stock Technical Analysis
ReTo Eco 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
ReTo Eco Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
ReTo Eco Solutions cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
ReTo Eco December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how ReTo Eco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ReTo Eco shares will generate the highest return on investment. By undertsting and applying ReTo Eco stock market strength indicators, traders can identify ReTo Eco Solutions entry and exit signals to maximize returns
ReTo Eco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ReTo Eco's price direction in advance. Along with the technical and fundamental analysis of ReTo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ReTo 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 | (0.08) | |||
Jensen Alpha | (0.48) | |||
Total Risk Alpha | (0.62) | |||
Treynor Ratio | 0.8152 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ReTo Eco Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ReTo Eco. If investors know ReTo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ReTo Eco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.94 | Revenue Per Share 2.016 | Quarterly Revenue Growth 0.49 | Return On Assets (0.12) | Return On Equity (0.79) |
The market value of ReTo Eco Solutions is measured differently than its book value, which is the value of ReTo that is recorded on the company's balance sheet. Investors also form their own opinion of ReTo Eco's value that differs from its market value or its book value, called intrinsic value, which is ReTo Eco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ReTo Eco's market value can be influenced by many factors that don't directly affect ReTo Eco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ReTo Eco's value and its price as these two are different measures arrived at by different means. Investors typically determine if ReTo Eco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ReTo Eco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.