Rex Trueform (South Africa) Price on October 2, 2023
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 25th 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 -0.0958, which implies the firm had a -0.0958% return per unit of risk over the last 3 months. Rex Trueform Group exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rex Trueform's Risk Adjusted Performance of (0.07), variance of 0.9771, and Coefficient Of Variation of (1,068) 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.
Rex |
Sharpe Ratio = -0.0958
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | RTN |
Estimated Market Risk
1.01 actual daily | 8 92% 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 October 2, 2023
It is possible to determine the worth of Rex Trueform on a given historical date. On October 2, 2023 Rex was worth 1500.0 at the beginning of the trading date compared to the closed value of 1500.0. 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 | |
1,500 | 1,500 | 1,500 | 1,500 | 1.00 | |
10/02/2023 | 1,500 | 1,500 | 1,500 | 1,500 | 1.00 |
1,500 | 1,500 | 1,500 | 1,500 | 1.00 |
Backtest Rex Trueform | | | Rex Trueform History | | | Rex Trueform Valuation | Previous | Next |
Rex Trueform Trading Date Momentum on October 2, 2023
On October 03 2023 Rex Trueform Group was traded for 1,500 at the closing time. The highest price during the trading period was 1,500 and the lowest recorded bid was listed for 1,500 . There was no trading activity during the period 1.0. Lack of trading volume on October 3, 2023 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
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.
Price Boundaries
Rex Trueform Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
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 25, 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.
Risk Adjusted Performance | (0.07) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (0.15) | |||
Treynor Ratio | (51.28) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |