Ronn Inc Stock Price on June 27, 2024
RONN Stock | 0.0004 0.0001 20.00% |
If you're considering investing in RONN Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of RONN stands at 0.0004, as last reported on the 18th of December 2024, with the highest price reaching 0.0005 and the lowest price hitting 0.0004 during the day. RONN appears to be out of control, given 3 months investment horizon. RONN Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.0288, which implies the firm had a 0.0288% return per unit of standard deviation over the last 3 months. By inspecting RONN's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please evaluate RONN's Semi Deviation of 13.14, risk adjusted performance of 0.03, and Market Risk Adjusted Performance of (0.12) to confirm if our risk estimates are consistent with your expectations.
RONN Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
RONN |
Sharpe Ratio = 0.0288
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Estimated Market Risk
23.61 actual daily | 96 96% of assets are less volatile |
Expected Return
0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average RONN is performing at about 2% 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 RONN by adding it to a well-diversified portfolio.
RONN Valuation on June 27, 2024
It is possible to determine the worth of RONN on a given historical date. On June 27, 2024 RONN was worth 0.0046 at the beginning of the trading date compared to the closed value of 0.0043. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RONN pink sheet. Still, in general, we apply an absolute valuation method to find RONN'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 RONN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RONN's related companies.
Open | High | Low | Close | Volume | |
0 | 0 | 0 | 0 | 12,102,865 | |
06/27/2024 | 0 | 0 | 0 | 0 | 14,767,757 |
0 | 0 | 0 | 0 | 7,193,149 |
Backtest RONN | | | RONN History | Previous | Next |
RONN Trading Date Momentum on June 27, 2024
On June 28 2024 RONN Inc was traded for 0 at the closing time. The top price for the day was 0 and the lowest listed price was 0 . The trading volume for the day was 7.2 M. The trading history from June 28, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 11.63% . The trading delta at closing time against the current closing price is 20.93% . |
Price Boundaries
RONN Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
RONN Inc 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.
RONN December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how RONN 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 RONN shares will generate the highest return on investment. By undertsting and applying RONN pink sheet market strength indicators, traders can identify RONN Inc entry and exit signals to maximize returns
RONN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RONN's price direction in advance. Along with the technical and fundamental analysis of RONN Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of RONN 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.