Redefine Properties (South Africa) Price on April 2, 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-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Redefine Properties' Risk Adjusted Performance of (0.07), coefficient of variation of (1,015), and Variance of 1.85 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.

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 April 2, 2024

It is possible to determine the worth of Redefine Properties on a given historical date. On April 2, 2024 Redefine was worth 395.0 at the beginning of the trading date compared to the closed value of 394.0. 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
  406.00    407.00    395.00    395.00    15,295,921  
04/02/2024
  395.00    397.00    389.00    394.00    18,737,188  
  395.00    396.00    391.00    394.00    15,441,492  
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Open Value
395.0
390.88
Downside
394.0
Closing Value
399.12
Upside

Redefine Properties Trading Date Momentum on April 2, 2024

On April 03 2024 Redefine Properties was traded for  394.00  at the closing time. The highest price during the trading period was 396.00  and the lowest recorded bid was listed for  391.00 . The volume for the day was 15.4 M. This history from April 3, 2024 did not cause price change. The trading delta at closing time to the current price is 2.03% .

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

Redefine Properties Period Price Range

Low
December 13, 2024
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High

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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.

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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