Resolute Forest Products Price on February 24, 2023
RFPDelisted Stock | USD 21.92 0.08 0.36% |
If you're considering investing in Resolute Stock, it is important to understand the factors that can impact its price. As of today, the current price of Resolute Forest stands at 21.92, as last reported on the 19th of December, with the highest price reaching 22.10 and the lowest price hitting 21.90 during the day. We have found twenty-nine technical indicators for Resolute Forest Products, which you can use to evaluate the volatility of the company. Please check Resolute Forest's Semi Deviation of 0.4437, coefficient of variation of 1423.86, and Risk Adjusted Performance of 0.0564 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Resolute Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Resolute |
Sharpe Ratio = 0.0
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Based on monthly moving average Resolute Forest 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 Resolute Forest by adding Resolute Forest to a well-diversified portfolio.
Resolute Forest Valuation on February 24, 2023
It is possible to determine the worth of Resolute Forest on a given historical date. On February 24, 2023 Resolute was worth 22.52 at the beginning of the trading date compared to the closed value of 22.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Resolute Forest stock. Still, in general, we apply an absolute valuation method to find Resolute Forest'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 Resolute Forest where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Resolute Forest's related companies.
Open | High | Low | Close | Volume | |
21.79 | 21.79 | 21.69 | 21.74 | 213,592 | |
02/24/2023 | 22.52 | 22.62 | 22.05 | 22.13 | 1,934,031 |
22.30 | 22.47 | 21.98 | 22.00 | 2,462,367 |
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Resolute Forest Trading Date Momentum on February 24, 2023
On February 27 2023 Resolute Forest Products was traded for 22.00 at the closing time. Highest Resolute Forest's price during the trading hours was 22.47 and the lowest price during the day was 21.98 . The net volume was 2.5 M. The overall trading history on the 27th of February contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.59% . The trading delta at closing time to current price is 0.59% . |
Resolute Forest Products Fundamentals Correlations and Trends
By evaluating Resolute Forest'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 Resolute Forest's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Resolute financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Resolute Forest Stock history
Resolute Forest 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 Resolute is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Resolute Forest Products 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 Resolute Forest stock prices may prove useful in developing a viable investing in Resolute Forest
Resolute Forest Products Inc., together with its subsidiaries, operates in the forest products industry in the United States, Canada, Mexico, and internationally. Resolute Forest Products Inc. is headquartered in Montreal, Canada. Resolute Forest operates under Paper Paper Products classification in the United States and is traded on New York Stock Exchange. It employs 6900 people.
Resolute Forest Stock Technical Analysis
Resolute Forest 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Resolute Forest Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Resolute Forest Products 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.
Resolute Forest December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Resolute Forest stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Resolute Forest shares will generate the highest return on investment. By undertsting and applying Resolute Forest stock market strength indicators, traders can identify Resolute Forest Products entry and exit signals to maximize returns
Resolute Forest Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Resolute Forest's price direction in advance. Along with the technical and fundamental analysis of Resolute Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Resolute 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 | 0.0564 | |||
Jensen Alpha | 0.0503 | |||
Total Risk Alpha | 0.0291 | |||
Sortino Ratio | 0.0511 | |||
Treynor Ratio | (1.16) |
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Resolute Stock
If you are still planning to invest in Resolute Forest Products check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Resolute Forest's history and understand the potential risks before investing.
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