Retractable Technologies Stock Price on December 13, 2024

RVP Stock  USD 0.64  0.01  1.59%   
If you're considering investing in Retractable Stock, it is important to understand the factors that can impact its price. As of today, the current price of Retractable Technologies stands at 0.64, as last reported on the 13th of December 2024, with the highest price reaching 0.65 and the lowest price hitting 0.63 during the day. Retractable Technologies maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Retractable Technologies exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Retractable Technologies' Coefficient Of Variation of (652.46), variance of 9.84, and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide.
  
Retractable Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1533

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Estimated Market Risk

 3.14
  actual daily
27
73% of assets are more volatile

Expected Return

 -0.48
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Retractable Technologies 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 Retractable Technologies by adding Retractable Technologies to a well-diversified portfolio.

Related Headline

Milestone Scientific Headline on 13th of December 2024

The Indian Space Research Organisation announced that it has reached a significant milestone in the Gaganyaan Programme, with the first solid motor segment moved from the production plant to the launch complex.

Retractable Technologies Valuation on December 13, 2024

It is possible to determine the worth of Retractable Technologies on a given historical date. On December 13, 2024 Retractable was worth 0.63 at the beginning of the trading date compared to the closed value of 0.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Retractable Technologies stock. Still, in general, we apply an absolute valuation method to find Retractable Technologies' 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 Retractable Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Retractable Technologies' related companies.
 Open High Low Close Volume
  0.62    0.64    0.62    0.63    31,026  
12/13/2024
  0.63    0.65    0.63    0.64    41,685  
Backtest Retractable Technologies  |  Retractable Technologies History  |  Retractable Technologies Valuation   Previous
Open Value
0.63
0.64
Closing Value
10.04
Upside

Retractable Technologies Trading Date Momentum on December 13, 2024

On December 13 2024 Retractable Technologies was traded for  0.64  at the closing time. Highest Retractable Technologies's price during the trading hours was 0.65  and the lowest price during the day was  0.63 . The net volume was 41.7 K. The overall trading history on the 13th of December 2024 did not cause price change. The trading delta at closing time to current price is 1.56% .

Retractable Technologies Fundamentals Correlations and Trends

By evaluating Retractable Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Retractable Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Retractable financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Retractable Technologies Stock history

Retractable Technologies 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 Retractable is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Retractable Technologies 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 Retractable Technologies stock prices may prove useful in developing a viable investing in Retractable Technologies
Retractable Technologies, Inc. designs, develops, manufactures, and markets safety syringes and other safety medical products for the healthcare profession in the United States, rest of North and South America, and internationally. Retractable Technologies, Inc. was incorporated in 1994 and is headquartered in Little Elm, Texas. Retractable Technologies operates under Medical Instruments Supplies classification in the United States and is traded on AMEX Exchange. It employs 213 people.

Retractable Technologies Stock Technical Analysis

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

Retractable Technologies Period Price Range

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Retractable Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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.

Retractable Technologies December 13, 2024 Market Strength

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

Retractable Technologies Technical and Predictive Indicators

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

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