Rakuten Inc Adr Stock Price on September 12, 2023

RKUNY Stock  USD 6.21  0.16  2.64%   
If you're considering investing in Rakuten Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Rakuten stands at 6.21, as last reported on the 11th of December 2024, with the highest price reaching 6.22 and the lowest price hitting 6.21 during the day. Rakuten Inc ADR maintains Sharpe Ratio (i.e., Efficiency) of -0.0304, which implies the firm had a -0.0304% return per unit of risk over the last 3 months. Rakuten Inc ADR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rakuten's Risk Adjusted Performance of (0.01), variance of 7.78, and Coefficient Of Variation of (4,426) to confirm the risk estimate we provide.
  
Rakuten Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0304

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Estimated Market Risk

 2.83
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Rakuten 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 Rakuten by adding Rakuten to a well-diversified portfolio.

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Rakuten Valuation on September 12, 2023

It is possible to determine the worth of Rakuten on a given historical date. On September 12, 2023 Rakuten was worth 3.93 at the beginning of the trading date compared to the closed value of 4.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rakuten pink sheet. Still, in general, we apply an absolute valuation method to find Rakuten'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 Rakuten where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rakuten's related companies.
 Open High Low Close Volume
  3.95    4.00    3.89    4.00    48,300  
09/12/2023
  3.93    4.12    3.93    4.12    127,600  
  4.16    4.16    3.88    4.04    56,400  
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Open Value
3.93
4.12
Closing Value
12.42
Upside

Rakuten Trading Date Momentum on September 12, 2023

On September 13 2023 Rakuten Inc ADR was traded for  4.04  at the closing time. The highest daily price throughout the period was 4.16  and the lowest price was  3.88 . The daily volume was 56.4 K. The net trading volume on 09/13/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.94% . The trading delta at closing time to current closing price is 1.46% .

Rakuten Inc ADR Fundamentals Correlations and Trends

By evaluating Rakuten'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 Rakuten's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rakuten financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Rakuten Pink Sheet history

Rakuten 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 Rakuten is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rakuten Inc ADR 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 Rakuten stock prices may prove useful in developing a viable investing in Rakuten
Rakuten Group, Inc. offers internet services in Japan and internationally. Rakuten Group, Inc. was incorporated in 1997 and is headquartered in Tokyo, Japan. Rakuten operates under Internet Retail classification in the United States and is traded on OTC Exchange. It employs 28261 people.

Rakuten Pink Sheet Technical Analysis

Rakuten technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Rakuten technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rakuten 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

Rakuten Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Rakuten Inc ADR cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Rakuten December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Rakuten pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rakuten shares will generate the highest return on investment. By undertsting and applying Rakuten pink sheet market strength indicators, traders can identify Rakuten Inc ADR entry and exit signals to maximize returns

Rakuten Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Rakuten's price direction in advance. Along with the technical and fundamental analysis of Rakuten Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rakuten 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.

Additional Tools for Rakuten Pink Sheet Analysis

When running Rakuten's price analysis, check to measure Rakuten'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 Rakuten is operating at the current time. Most of Rakuten's value examination focuses on studying past and present price action to predict the probability of Rakuten's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rakuten's price. Additionally, you may evaluate how the addition of Rakuten to your portfolios can decrease your overall portfolio volatility.