Redefine Properties (South Africa) Price on March 28, 2024
RDF Stock | 454.00 2.00 0.44% |
If you're considering investing in Redefine Stock, it is important to understand the factors that can impact its price. As of today, the current price of Redefine Properties stands at 454.00, as last reported on the 13th of December 2024, with the highest price reaching 463.00 and the lowest price hitting 453.00 during the day. Redefine Properties maintains Sharpe Ratio (i.e., Efficiency) of -0.0961, which implies the firm had a -0.0961% return per unit of risk over the last 3 months. Redefine Properties exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Redefine Properties' Coefficient Of Variation of (1,015), variance of 1.85, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide.
Redefine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Redefine |
Sharpe Ratio = -0.0961
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Estimated Market Risk
1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.13 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 Redefine Properties 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 Redefine Properties by adding Redefine Properties to a well-diversified portfolio.
Redefine Properties Valuation on March 28, 2024
It is possible to determine the worth of Redefine Properties on a given historical date. On March 28, 2024 Redefine was worth 406.0 at the beginning of the trading date compared to the closed value of 395.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Redefine Properties stock. Still, in general, we apply an absolute valuation method to find Redefine Properties' 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 Redefine Properties where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Redefine Properties' related companies.
Open | High | Low | Close | Volume | |
405.00 | 407.00 | 402.00 | 402.00 | 7,854,209 | |
03/28/2024 | 406.00 | 407.00 | 395.00 | 395.00 | 15,295,921 |
395.00 | 397.00 | 389.00 | 394.00 | 18,737,188 |
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Redefine Properties Trading Date Momentum on March 28, 2024
On April 02 2024 Redefine Properties was traded for 394.00 at the closing time. The highest price during the trading period was 397.00 and the lowest recorded bid was listed for 389.00 . The volume for the day was 18.7 M. This history from April 2, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.25% . The trading delta at closing time to the current price is 0.25% . |
Redefine Properties Fundamentals Correlations and Trends
By evaluating Redefine Properties' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Redefine Properties' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Redefine financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Redefine Properties Stock history
Redefine Properties 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 Redefine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Redefine Properties 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 Redefine Properties stock prices may prove useful in developing a viable investing in Redefine Properties
Redefine Properties Stock Technical Analysis
Redefine Properties 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
Redefine Properties Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Redefine Properties 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.
Redefine Properties December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Redefine Properties stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Redefine Properties shares will generate the highest return on investment. By undertsting and applying Redefine Properties stock market strength indicators, traders can identify Redefine Properties entry and exit signals to maximize returns
Redefine Properties Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Redefine Properties' price direction in advance. Along with the technical and fundamental analysis of Redefine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Redefine 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 | (0.13) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | 1.26 |
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Complementary Tools for Redefine Stock analysis
When running Redefine Properties' price analysis, check to measure Redefine Properties' 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 Redefine Properties is operating at the current time. Most of Redefine Properties' value examination focuses on studying past and present price action to predict the probability of Redefine Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redefine Properties' price. Additionally, you may evaluate how the addition of Redefine Properties to your portfolios can decrease your overall portfolio volatility.
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