Raketech Group (Sweden) Price on December 10, 2024
| RAKE Stock | SEK 4.47 0.01 0.22% |
If you're considering investing in Raketech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Raketech Group stands at 4.47, as last reported on the 11th of December 2024, with the highest price reaching 4.54 and the lowest price hitting 4.32 during the day. Raketech Group Holding maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. Raketech Group Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Raketech Group's Risk Adjusted Performance of (0.10), coefficient of variation of (642.83), and Variance of 19.2 to confirm the risk estimate we provide.
Raketech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Raketech |
Sharpe Ratio = -0.1441
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Estimated Market Risk
| 4.44 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.64 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Raketech Group 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 Raketech Group by adding Raketech Group to a well-diversified portfolio.
Raketech Group Valuation on December 10, 2024
It is possible to determine the worth of Raketech Group on a given historical date. On December 10, 2024 Raketech was worth 4.32 at the beginning of the trading date compared to the closed value of 4.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Raketech Group stock. Still, in general, we apply an absolute valuation method to find Raketech Group'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 Raketech Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Raketech Group's related companies.
| Open | High | Low | Close | Volume | |
| 4.51 | 4.60 | 4.31 | 4.46 | 151,345 | |
12/10/2024 | 4.32 | 4.54 | 4.32 | 4.47 | 62,921 |
| Backtest Raketech Group | | | Raketech Group History | | | Raketech Group Valuation | Previous |
Raketech Group Trading Date Momentum on December 10, 2024
| On December 10 2024 Raketech Group Holding was traded for 4.47 at the closing time. The highest price during the trading period was 4.54 and the lowest recorded bid was listed for 4.32 . The volume for the day was 62.9 K. This history from December 10, 2024 did not cause price change. The trading delta at closing time to the current price is 3.36% . |
Raketech Group Holding Fundamentals Correlations and Trends
By evaluating Raketech Group'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 Raketech Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Raketech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Raketech Group Stock history
Raketech Group 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 Raketech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Raketech Group Holding 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 Raketech Group stock prices may prove useful in developing a viable investing in Raketech Group
Raketech Group Holding PLC operates as an online affiliate and content marketing company worldwide. Raketech Group Holding PLC was founded in 2010 and is headquartered in St Julians, Malta. Raketech Group is traded on Stockholm Stock Exchange in Sweden.
Raketech Group Stock Technical Analysis
Raketech Group 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
Raketech Group Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Raketech Group Holding cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Raketech Group December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Raketech Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Raketech Group shares will generate the highest return on investment. By undertsting and applying Raketech Group stock market strength indicators, traders can identify Raketech Group Holding entry and exit signals to maximize returns
Raketech Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Raketech Group's price direction in advance. Along with the technical and fundamental analysis of Raketech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Raketech 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 | (0.10) | |||
| Jensen Alpha | (0.70) | |||
| Total Risk Alpha | (1.39) | |||
| Treynor Ratio | (9.85) |
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Additional Tools for Raketech Stock Analysis
When running Raketech Group's price analysis, check to measure Raketech Group'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 Raketech Group is operating at the current time. Most of Raketech Group's value examination focuses on studying past and present price action to predict the probability of Raketech Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raketech Group's price. Additionally, you may evaluate how the addition of Raketech Group to your portfolios can decrease your overall portfolio volatility.