Red Light Holland Stock Price on December 17, 2024
TRUFF Stock | USD 0.03 0 3.57% |
If you're considering investing in Red OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Red Light stands at 0.03, as last reported on the 24th of December, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. Red Light Holland maintains Sharpe Ratio (i.e., Efficiency) of -0.0041, which implies the firm had a -0.0041% return per unit of risk over the last 3 months. Red Light Holland exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Red Light's Risk Adjusted Performance of 0.037, semi deviation of 5.74, and Coefficient Of Variation of 2819.16 to confirm the risk estimate we provide.
Red OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Red |
Sharpe Ratio = -0.0041
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Estimated Market Risk
6.96 actual daily | 61 61% of assets are less volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Red Light 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 Red Light by adding Red Light to a well-diversified portfolio.
Red Light Valuation on December 17, 2024
It is possible to determine the worth of Red Light on a given historical date. On December 17, 2024 Red was worth 0.024 at the beginning of the trading date compared to the closed value of 0.027. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Red Light otc stock. Still, in general, we apply an absolute valuation method to find Red Light'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 Red Light where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Red Light's related companies.
Open | High | Low | Close | Volume | |
0.03 | 0.03 | 0.03 | 0.03 | 261,700 | |
12/17/2024 | 0.02 | 0.03 | 0.02 | 0.03 | 76,500 |
0.03 | 0.03 | 0.03 | 0.03 | 70,800 |
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Red Light Trading Date Momentum on December 17, 2024
On December 18 2024 Red Light Holland was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.03 and the lowest price was 0.03 . The daily volume was 70.8 K. The net trading volume on 12/18/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 3.70% . The trading delta at closing time to current closing price is 7.41% . |
Red Light Holland Fundamentals Correlations and Trends
By evaluating Red Light'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 Red Light's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Red financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Red Light OTC Stock history
Red Light 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 Red is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Red Light Holland 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 Red Light stock prices may prove useful in developing a viable investing in Red Light
Red Light Holland Corp. engages in the production, cultivation, and sale of magic truffles to the recreational market in the Netherlands. The company sells its products under the iMicrodose and Maka brand name through 74 brick-and-mortar SmartShops, as well as through iMicrodose.nl and various other online stores across the Netherlands. Red Light operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange.
Red Light OTC Stock Technical Analysis
Red Light technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Red Light Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Red Light Holland cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Red Light December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Red Light otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Red Light shares will generate the highest return on investment. By undertsting and applying Red Light otc stock market strength indicators, traders can identify Red Light Holland entry and exit signals to maximize returns
Red Light Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Red Light's price direction in advance. Along with the technical and fundamental analysis of Red OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Red 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 | 0.037 | |||
Jensen Alpha | 0.217 | |||
Total Risk Alpha | 0.0347 | |||
Sortino Ratio | 0.0269 | |||
Treynor Ratio | 0.2055 |
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Complementary Tools for Red OTC Stock analysis
When running Red Light's price analysis, check to measure Red Light'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 Red Light is operating at the current time. Most of Red Light's value examination focuses on studying past and present price action to predict the probability of Red Light's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Light's price. Additionally, you may evaluate how the addition of Red Light to your portfolios can decrease your overall portfolio volatility.
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