Ree Automotive Holding Stock Price on November 1, 2024
| REE Stock | USD 7.73 0.03 0.39% |
If you're considering investing in Ree Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ree Automotive stands at 7.73, as last reported on the 1st of December, with the highest price reaching 7.89 and the lowest price hitting 7.60 during the day. Ree Automotive is relatively risky given 3 months investment horizon. Ree Automotive Holding maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.67% are justified by taking the suggested risk. Use Ree Automotive Risk Adjusted Performance of 0.1321, coefficient of variation of 621.63, and Semi Deviation of 4.08 to evaluate company specific risk that cannot be diversified away.
At present, Ree Automotive's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. . As of December 1, 2024, Price To Sales Ratio is expected to decline to 27.57. In addition to that, Price Earnings Ratio is expected to decline to -0.48. Ree Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ree |
Sharpe Ratio = 0.1893
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Estimated Market Risk
| 8.85 actual daily | 78 78% of assets are less volatile |
Expected Return
| 1.67 actual daily | 33 67% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Ree Automotive is performing at about 14% 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 Ree Automotive by adding it to a well-diversified portfolio.
Price Book 2.2881 | Enterprise Value Ebitda 0.526 | Price Sales 174.4 | Shares Float 6.1 M | Wall Street Target Price 13.5 |
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Ree Automotive Valuation on November 1, 2024
It is possible to determine the worth of Ree Automotive on a given historical date. On November 1, 2024 Ree was worth 7.16 at the beginning of the trading date compared to the closed value of 7.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ree Automotive stock. Still, in general, we apply an absolute valuation method to find Ree Automotive'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 Ree Automotive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ree Automotive's related companies.
| Open | High | Low | Close | Volume | |
| 7.21 | 7.42 | 6.80 | 7.15 | 70,172 | |
11/01/2024 | 7.16 | 7.51 | 7.09 | 7.27 | 42,724 |
| 7.40 | 7.56 | 7.33 | 7.49 | 33,097 |
| Backtest Ree Automotive | | | Ree Automotive History | | | Ree Automotive Valuation | Previous | Next |
Ree Automotive Trading Date Momentum on November 1, 2024
| On November 04 2024 Ree Automotive Holding was traded for 7.49 at the closing time. Highest Ree Automotive's price during the trading hours was 7.56 and the lowest price during the day was 7.33 . The net volume was 33.1 K. The overall trading history on the 4th of November contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 3.03% . The trading delta at closing time to current price is 3.71% . |
Ree Automotive Holding Fundamentals Correlations and Trends
By evaluating Ree Automotive'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 Ree Automotive's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ree financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ree Automotive Stock history
Ree Automotive 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 Ree is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ree Automotive 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 Ree Automotive stock prices may prove useful in developing a viable investing in Ree Automotive
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10.1 M | 8 M | |
| Net Loss | -96.7 M | -101.5 M |
Ree Automotive Quarterly Net Working Capital |
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Ree Automotive Stock Technical Analysis
Ree Automotive 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
Ree Automotive Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Ree Automotive Holding 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.
Ree Automotive December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Ree Automotive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ree Automotive shares will generate the highest return on investment. By undertsting and applying Ree Automotive stock market strength indicators, traders can identify Ree Automotive Holding entry and exit signals to maximize returns
Ree Automotive Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ree Automotive's price direction in advance. Along with the technical and fundamental analysis of Ree Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ree 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 | 0.1321 | |||
| Jensen Alpha | 1.17 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.2776 | |||
| Treynor Ratio | 0.7375 |
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Complementary Tools for Ree Stock analysis
When running Ree Automotive's price analysis, check to measure Ree Automotive'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 Ree Automotive is operating at the current time. Most of Ree Automotive's value examination focuses on studying past and present price action to predict the probability of Ree Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ree Automotive's price. Additionally, you may evaluate how the addition of Ree Automotive to your portfolios can decrease your overall portfolio volatility.
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