Resona Holdings Stock Price on July 16, 2024
| RSNHF Stock | USD 7.61 0.57 8.10% |
If you're considering investing in Resona Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Resona Holdings stands at 7.61, as last reported on the 9th of January, with the highest price reaching 7.61 and the lowest price hitting 7.61 during the day. Resona Holdings appears to be unstable, given 3 months investment horizon. Resona Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.081, which implies the firm had a 0.081% return per unit of risk over the last 3 months. By analyzing Resona Holdings' technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please evaluate Resona Holdings' Coefficient Of Variation of 2490.87, risk adjusted performance of 0.0407, and Semi Deviation of 5.99 to confirm if our risk estimates are consistent with your expectations.
Resona Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Resona |
Sharpe Ratio = 0.081
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Estimated Market Risk
| 6.87 actual daily | 61 61% of assets are less volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Resona Holdings is performing at about 6% 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 Resona Holdings by adding it to a well-diversified portfolio.
Resona Holdings Valuation on July 16, 2024
It is possible to determine the worth of Resona Holdings on a given historical date. On July 16, 2024 Resona was worth 6.73 at the beginning of the trading date compared to the closed value of 6.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Resona Holdings pink sheet. Still, in general, we apply an absolute valuation method to find Resona 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 Resona Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Resona Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 6.67 | 6.67 | 6.67 | 6.67 | 232.00 | |
07/16/2024 | 6.73 | 6.73 | 6.54 | 6.54 | 5,638 |
| 6.40 | 6.40 | 6.40 | 6.40 | 15.00 |
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Resona Holdings Trading Date Momentum on July 16, 2024
| On July 18 2024 Resona Holdings was traded for 6.40 at the closing time. The highest daily price throughout the period was 6.40 and the lowest price was 6.40 . The daily volume was 15.0. The net trading volume on 07/18/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.14% . The trading delta at closing time to current closing price is 0.46% . |
Resona Holdings Fundamentals Correlations and Trends
By evaluating Resona 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 Resona Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Resona financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Resona Holdings Pink Sheet history
Resona 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 Resona is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Resona 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 Resona Holdings stock prices may prove useful in developing a viable investing in Resona Holdings
Resona Holdings, Inc., through its subsidiaries, provides retail and commercial banking products and services in Japan and internationally. Resona Holdings, Inc. was founded in 1918 and is headquartered in Tokyo, Japan. Resona Holdings operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 19744 people.
Resona Holdings Pink Sheet Technical Analysis
Resona Holdings technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Resona Holdings Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
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Resona Holdings January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Resona Holdings pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Resona Holdings shares will generate the highest return on investment. By undertsting and applying Resona Holdings pink sheet market strength indicators, traders can identify Resona Holdings entry and exit signals to maximize returns
Resona Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Resona Holdings' price direction in advance. Along with the technical and fundamental analysis of Resona Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Resona 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 | 0.0407 | |||
| Jensen Alpha | 0.2592 | |||
| Total Risk Alpha | 0.1049 | |||
| Sortino Ratio | 0.0352 | |||
| Treynor Ratio | (0.28) |
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Complementary Tools for Resona Pink Sheet analysis
When running Resona Holdings' price analysis, check to measure Resona 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 Resona Holdings is operating at the current time. Most of Resona Holdings' value examination focuses on studying past and present price action to predict the probability of Resona Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resona Holdings' price. Additionally, you may evaluate how the addition of Resona Holdings to your portfolios can decrease your overall portfolio volatility.
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