Rex American Resources Stock Price on May 2, 2024
REX Stock | USD 41.57 0.01 0.02% |
Below is the normalized historical share price chart for REX American Resources extending back to November 05, 1984. 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 REX American stands at 41.57, as last reported on the 29th of December, with the highest price reaching 41.68 and the lowest price hitting 41.01 during the day.
If you're considering investing in REX Stock, it is important to understand the factors that can impact its price. REX American Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.0801, which implies the firm had a -0.0801% return per unit of risk over the last 3 months. REX American Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check REX American's Coefficient Of Variation of (1,535), variance of 3.65, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
At this time, REX American's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 33.5 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 354.3 M in 2024. . At this time, REX American's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.23 in 2024, whereas Price Earnings Ratio is likely to drop 8.28 in 2024. REX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of November 1987 | 200 Day MA 47.6513 | 50 Day MA 44.0136 | Beta 0.938 |
REX |
Sharpe Ratio = -0.0801
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Estimated Market Risk
1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average REX American 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 REX American by adding REX American to a well-diversified portfolio.
Price Book 1.2937 | Enterprise Value Ebitda 3.9379 | Price Sales 1.017 | Shares Float 15.8 M | Wall Street Target Price 55 |
REX American Valuation on May 2, 2024
It is possible to determine the worth of REX American on a given historical date. On May 2, 2024 REX was worth 55.38 at the beginning of the trading date compared to the closed value of 55.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of REX American stock. Still, in general, we apply an absolute valuation method to find REX American'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 REX American where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against REX American's related companies.
Open | High | Low | Close | Volume | |
55.59 | 55.80 | 54.04 | 54.93 | 152,498 | |
05/02/2024 | 55.38 | 55.77 | 54.45 | 55.60 | 157,617 |
56.52 | 57.23 | 55.45 | 57.13 | 261,414 |
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REX American Trading Date Momentum on May 2, 2024
On May 03 2024 REX American Resources was traded for 57.13 at the closing time. Highest REX American's price during the trading hours was 57.23 and the lowest price during the day was 55.45 . The net volume was 261.4 K. The overall trading history on the 3rd of May contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 2.75% . The trading delta at closing time to current price is 7.01% . |
REX American Resources Fundamentals Correlations and Trends
By evaluating REX American'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 REX American's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. REX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About REX American Stock history
REX American 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 REX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in REX American Resources 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 REX American stock prices may prove useful in developing a viable investing in REX American
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 17.6 M | 33.5 M | |
Net Income Applicable To Common Shares | 31.9 M | 28 M |
REX American Quarterly Net Working Capital |
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REX American Stock Technical Analysis
REX American 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
REX American Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
REX American Resources 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.
REX American December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how REX American stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading REX American shares will generate the highest return on investment. By undertsting and applying REX American stock market strength indicators, traders can identify REX American Resources entry and exit signals to maximize returns
REX American Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for REX American's price direction in advance. Along with the technical and fundamental analysis of REX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of REX 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 | (0.05) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (0.55) |
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Additional Tools for REX Stock Analysis
When running REX American's price analysis, check to measure REX American'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 REX American is operating at the current time. Most of REX American's value examination focuses on studying past and present price action to predict the probability of REX American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move REX American's price. Additionally, you may evaluate how the addition of REX American to your portfolios can decrease your overall portfolio volatility.