Rimini Street Stock Price on December 28, 2022
| RMNI Stock | USD 3.55 0.50 16.39% |
If you're considering investing in Rimini Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rimini Street stands at 3.55, as last reported on the 2nd of March, with the highest price reaching 3.67 and the lowest price hitting 3.33 during the day. Rimini Street is very risky given 3 months investment horizon. Rimini Street maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17 % return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use Rimini Street Semi Deviation of 3.17, coefficient of variation of 598.81, and Risk Adjusted Performance of 0.1318 to evaluate company specific risk that cannot be diversified away.
Rimini Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rimini |
Sharpe Ratio = 0.167
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | RMNI | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.13 actual daily | 54 54% of assets are less volatile |
Expected Return
| 1.02 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Rimini Street is performing at about 13% 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 Rimini Street by adding it to a well-diversified portfolio.
Rimini Street Valuation on December 28, 2022
It is possible to determine the worth of Rimini Street on a given historical date. On December 28, 2022 Rimini was worth 4.83 at the beginning of the trading date compared to the closed value of 4.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rimini Street stock. Still, in general, we apply an absolute valuation method to find Rimini Street'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 Rimini Street where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rimini Street's related companies.
| Open | High | Low | Close | Volume | |
02/10/2023 | 4.83 | 4.84 | 4.69 | 4.71 | 173,396 |
| 4.70 | 4.86 | 4.64 | 4.83 | 156,288 |
| Backtest Rimini Street | | | Rimini Street History | | | Rimini Street Valuation | Next |
Rimini Street Trading Date Momentum on December 28, 2022
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Rimini Street Fundamentals Correlations and Trends
By evaluating Rimini Street'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 Rimini Street's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rimini financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rimini Street Stock history
Rimini Street 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 Rimini is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rimini Street 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 Rimini Street stock prices may prove useful in developing a viable investing in Rimini Street
Rimini Street, Inc. provides enterprise software products, services, and support for various industries. Rimini Street, Inc. was incorporated in 2005 and is headquartered in Las Vegas, Nevada. Rimini Street operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1870 people.
Rimini Street Stock Technical Analysis
Rimini Street 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
Rimini Street Period Price Range
Low | March 2, 2025
| High |
0.00 | 0.00 |
Rimini Street 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.
Rimini Street March 2, 2025 Market Strength
Market strength indicators help investors to evaluate how Rimini Street stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rimini Street shares will generate the highest return on investment. By undertsting and applying Rimini Street stock market strength indicators, traders can identify Rimini Street entry and exit signals to maximize returns
Rimini Street Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rimini Street's price direction in advance. Along with the technical and fundamental analysis of Rimini Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rimini 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 | 0.1318 | |||
| Jensen Alpha | 1.03 | |||
| Total Risk Alpha | 1.2 | |||
| Sortino Ratio | 0.2766 | |||
| Treynor Ratio | 1.53 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Rimini Stock analysis
When running Rimini Street's price analysis, check to measure Rimini Street'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 Rimini Street is operating at the current time. Most of Rimini Street's value examination focuses on studying past and present price action to predict the probability of Rimini Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rimini Street's price. Additionally, you may evaluate how the addition of Rimini Street to your portfolios can decrease your overall portfolio volatility.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |