RMB Holdings (South Africa) Price on December 3, 2024
RMH Stock | 44.00 1.00 2.22% |
If you're considering investing in RMB Stock, it is important to understand the factors that can impact its price. As of today, the current price of RMB Holdings stands at 44.00, as last reported on the 23rd of December, with the highest price reaching 46.00 and the lowest price hitting 44.00 during the day. At this point, RMB Holdings is very steady. RMB Holdings retains Efficiency (Sharpe Ratio) of 0.0921, which implies the firm had a 0.0921% return per unit of risk over the last 3 months. We have found thirty technical indicators for RMB Holdings, which you can use to evaluate the volatility of the company. Please check RMB Holdings' semi deviation of 1.15, and Market Risk Adjusted Performance of (1.75) to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
RMB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
RMB |
Sharpe Ratio = 0.0921
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Estimated Market Risk
1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average RMB Holdings is performing at about 7% 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 RMB Holdings by adding it to a well-diversified portfolio.
RMB Holdings Valuation on December 3, 2024
It is possible to determine the worth of RMB Holdings on a given historical date. On December 3, 2024 RMB was worth 42.0 at the beginning of the trading date compared to the closed value of 43.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RMB Holdings stock. Still, in general, we apply an absolute valuation method to find RMB Holdings' 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 RMB Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RMB Holdings' related companies.
Open | High | Low | Close | Volume | |
42.00 | 43.00 | 42.00 | 43.00 | 850,003 | |
12/03/2024 | 42.00 | 43.00 | 42.00 | 43.00 | 1,255,951 |
43.00 | 44.00 | 42.00 | 43.00 | 5,278,268 |
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RMB Holdings Trading Date Momentum on December 3, 2024
On December 04 2024 RMB Holdings was traded for 43.00 at the closing time. The highest price during the trading period was 44.00 and the lowest recorded bid was listed for 42.00 . The volume for the day was 5.3 M. This history from December 4, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
RMB Holdings Fundamentals Correlations and Trends
By evaluating RMB Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among RMB Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RMB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About RMB Holdings Stock history
RMB Holdings 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 RMB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RMB Holdings 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 RMB Holdings stock prices may prove useful in developing a viable investing in RMB Holdings
RMB Holdings Stock Technical Analysis
RMB Holdings 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
RMB Holdings Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
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RMB Holdings December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how RMB Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RMB Holdings shares will generate the highest return on investment. By undertsting and applying RMB Holdings stock market strength indicators, traders can identify RMB Holdings entry and exit signals to maximize returns
RMB Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RMB Holdings' price direction in advance. Along with the technical and fundamental analysis of RMB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RMB 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 | 0.093 | |||
Jensen Alpha | 0.1912 | |||
Total Risk Alpha | 0.1384 | |||
Sortino Ratio | 0.0597 | |||
Treynor Ratio | (1.76) |
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Complementary Tools for RMB Stock analysis
When running RMB Holdings' price analysis, check to measure RMB Holdings' 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 RMB Holdings is operating at the current time. Most of RMB Holdings' value examination focuses on studying past and present price action to predict the probability of RMB Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RMB Holdings' price. Additionally, you may evaluate how the addition of RMB Holdings to your portfolios can decrease your overall portfolio volatility.
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