Reddit, Stock Price on November 20, 2024
| RDDT Stock | 140.04 4.43 3.27% |
If you're considering investing in Reddit, Stock, it is important to understand the factors that can impact its price. As of today, the current price of Reddit, stands at 140.04, as last reported on the 28th of November, with the highest price reaching 141.14 and the lowest price hitting 134.46 during the day. Reddit, is very steady given 3 months investment horizon. Reddit, maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.53% are justified by taking the suggested risk. Use Reddit, Semi Deviation of 2.22, coefficient of variation of 427.01, and Risk Adjusted Performance of 0.1883 to evaluate company specific risk that cannot be diversified away.
Reddit, Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Reddit, |
Sharpe Ratio = 0.2342
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Estimated Market Risk
| 6.55 actual daily | 58 58% of assets are less volatile |
Expected Return
| 1.53 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Reddit, is performing at about 18% 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 Reddit, by adding it to a well-diversified portfolio.
Reddit, Valuation on November 20, 2024
It is possible to determine the worth of Reddit, on a given historical date. On November 20, 2024 Reddit, was worth 137.16 at the beginning of the trading date compared to the closed value of 136.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Reddit, stock. Still, in general, we apply an absolute valuation method to find Reddit,'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 Reddit, where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Reddit,'s related companies.
| Open | High | Low | Close | Volume | |
| 129.01 | 138.52 | 128.72 | 137.16 | 6,556,601 | |
11/20/2024 | 137.16 | 138.39 | 130.01 | 136.27 | 5,475,262 |
| 141.27 | 158.49 | 139.57 | 158.02 | 12,069,876 |
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Reddit, Trading Date Momentum on November 20, 2024
| On November 21 2024 Reddit, was traded for 158.02 at the closing time. The top price for the day was 158.49 and the lowest listed price was 139.57 . The trading volume for the day was 12.1 M. The trading history from November 21, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 15.96% . The trading delta at closing time against the current closing price is 1.12% . |
Reddit, Fundamentals Correlations and Trends
By evaluating Reddit,'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 Reddit,'s main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Reddit, financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Reddit, Stock history
Reddit, 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 Reddit, is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Reddit, 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 Reddit, stock prices may prove useful in developing a viable investing in Reddit,
Reddit, Stock Technical Analysis
Reddit, 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
Reddit, Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Reddit, November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Reddit, stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Reddit, shares will generate the highest return on investment. By undertsting and applying Reddit, stock market strength indicators, traders can identify Reddit, entry and exit signals to maximize returns
Reddit, Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Reddit,'s price direction in advance. Along with the technical and fundamental analysis of Reddit, Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Reddit, 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 | 0.1883 | |||
| Jensen Alpha | 1.49 | |||
| Total Risk Alpha | 0.5379 | |||
| Sortino Ratio | 0.4653 | |||
| Treynor Ratio | 4.73 |
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| Volume Indicators |
Additional Tools for Reddit, Stock Analysis
When running Reddit,'s price analysis, check to measure Reddit,'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 Reddit, is operating at the current time. Most of Reddit,'s value examination focuses on studying past and present price action to predict the probability of Reddit,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reddit,'s price. Additionally, you may evaluate how the addition of Reddit, to your portfolios can decrease your overall portfolio volatility.