Rex Trueform (South Africa) Price on May 10, 2024

RTN Stock   1,172  0.00  0.00%   
If you're considering investing in Rex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rex Trueform stands at 1,172, as last reported on the 23rd of December, with the highest price reaching 1,172 and the lowest price hitting 1,172 during the day. Rex Trueform Group maintains Sharpe Ratio (i.e., Efficiency) of -0.0966, which implies the firm had a -0.0966% return per unit of risk over the last 3 months. Rex Trueform Group exposes thirteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rex Trueform's Information Ratio of (0.13), risk adjusted performance of (0.07), and Standard Deviation of 0.9885 to confirm the risk estimate we provide.
  
Rex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0966

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Estimated Market Risk

 1.02
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Rex Trueform 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 Trueform by adding Rex Trueform to a well-diversified portfolio.

Rex Trueform Valuation on May 10, 2024

It is possible to determine the worth of Rex Trueform on a given historical date. On May 10, 2024 Rex was worth 1375.0 at the beginning of the trading date compared to the closed value of 1375.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rex Trueform stock. Still, in general, we apply an absolute valuation method to find Rex Trueform'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 Trueform where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rex Trueform's related companies.
 Open High Low Close Volume
  1,375    1,375    1,375    1,375    1.00  
05/10/2024
  1,375    1,375    1,375    1,375    1.00  
  1,520    1,520    1,520    1,520    800.00  
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Open Value
1375.0
1375.0
Closing Value
1,378
Upside

Rex Trueform Trading Date Momentum on May 10, 2024

On May 13 2024 Rex Trueform Group was traded for  1,520  at the closing time. The highest price during the trading period was 1,520  and the lowest recorded bid was listed for  1,520 . The volume for the day was 800. This history from May 13, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 10.55% . The trading delta at closing time to the current price is 11.27% .

Rex Trueform Group Fundamentals Correlations and Trends

By evaluating Rex Trueform'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 Trueform'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 Trueform Stock history

Rex Trueform 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 Trueform Group 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 Trueform stock prices may prove useful in developing a viable investing in Rex Trueform

Rex Trueform Stock Technical Analysis

Rex Trueform 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.
A focus of Rex Trueform technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rex Trueform trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Rex Trueform Period Price Range

Low
December 23, 2024
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High

 0.00 

     

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Rex Trueform Group cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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 Trueform December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Rex Trueform 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 Trueform shares will generate the highest return on investment. By undertsting and applying Rex Trueform stock market strength indicators, traders can identify Rex Trueform Group entry and exit signals to maximize returns

Rex Trueform Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Rex Trueform'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.

Complementary Tools for Rex Stock analysis

When running Rex Trueform's price analysis, check to measure Rex Trueform'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 Trueform is operating at the current time. Most of Rex Trueform's value examination focuses on studying past and present price action to predict the probability of Rex Trueform'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 Trueform's price. Additionally, you may evaluate how the addition of Rex Trueform to your portfolios can decrease your overall portfolio volatility.
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