Rxsight Stock Price on May 26, 2023

RXST Stock  USD 34.22  0.83  2.37%   
If you're considering investing in Rxsight Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rxsight stands at 34.22, as last reported on the 30th of December, with the highest price reaching 35.26 and the lowest price hitting 33.40 during the day. Rxsight maintains Sharpe Ratio (i.e., Efficiency) of -0.16, which implies the firm had a -0.16% return per unit of risk over the last 3 months. Rxsight exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rxsight's Coefficient Of Variation of (639.53), risk adjusted performance of (0.12), and Variance of 8.77 to confirm the risk estimate we provide.
  
Rxsight Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1564

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsRXST

Estimated Market Risk

 2.96
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.46
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Rxsight 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 Rxsight by adding Rxsight to a well-diversified portfolio.

Rxsight Valuation on May 26, 2023

It is possible to determine the worth of Rxsight on a given historical date. On May 26, 2023 Rxsight was worth 25.51 at the beginning of the trading date compared to the closed value of 26.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rxsight stock. Still, in general, we apply an absolute valuation method to find Rxsight'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 Rxsight where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rxsight's related companies.
 Open High Low Close Volume
  25.91    26.11    25.40    25.56    241,747  
05/26/2023
  25.51    26.40    25.51    26.23    379,000  
  26.64    26.71    25.16    25.16    654,966  
Backtest Rxsight  |  Rxsight History  |  Rxsight Valuation   PreviousNext  
Open Value
25.51
26.23
Closing Value
34.39
Upside

Rxsight Trading Date Momentum on May 26, 2023

On May 30 2023 Rxsight was traded for  25.16  at the closing time. The top price for the day was 26.71  and the lowest listed price was  25.16 . The trading volume for the day was 655 K. The trading history from May 30, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.08% . The trading delta at closing time against the current closing price is 0.65% .

Rxsight Fundamentals Correlations and Trends

By evaluating Rxsight'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 Rxsight's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rxsight financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Rxsight Stock history

Rxsight 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 Rxsight is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rxsight 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 Rxsight stock prices may prove useful in developing a viable investing in Rxsight
RxSight, Inc., a medical technology company, engages in the research and development, manufacture, and sale of light adjustable intraocular lenses used in cataract surgery in the United States and internationally. RxSight, Inc. was incorporated in 1997 and is headquartered in Aliso Viejo, California. Rxsight operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 221 people.

Rxsight Stock Technical Analysis

Rxsight 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 Rxsight technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rxsight 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

Rxsight Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Rxsight 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.

Rxsight December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Rxsight stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rxsight shares will generate the highest return on investment. By undertsting and applying Rxsight stock market strength indicators, traders can identify Rxsight entry and exit signals to maximize returns

Rxsight Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Rxsight's price direction in advance. Along with the technical and fundamental analysis of Rxsight Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rxsight 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.

Additional Tools for Rxsight Stock Analysis

When running Rxsight's price analysis, check to measure Rxsight'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 Rxsight is operating at the current time. Most of Rxsight's value examination focuses on studying past and present price action to predict the probability of Rxsight's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rxsight's price. Additionally, you may evaluate how the addition of Rxsight to your portfolios can decrease your overall portfolio volatility.