Rakuten Inc Adr Stock Price on February 16, 2024
| RKUNY Stock | USD 4.94 0.03 0.61% |
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 4.94, as last reported on the 6th of May, with the highest price reaching 4.94 and the lowest price hitting 4.90 during the day. Rakuten appears to be slightly risky, given 3 months investment horizon. Rakuten Inc ADR maintains Sharpe Ratio (i.e., Efficiency) of 0.0753, which implies the firm had a 0.0753% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rakuten Inc ADR, which you can use to evaluate the volatility of the company. Please evaluate Rakuten's Semi Deviation of 2.19, coefficient of variation of 1411.69, and Risk Adjusted Performance of 0.0525 to confirm if our risk estimates are consistent with your expectations.
Rakuten Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Rakuten |
Sharpe Ratio = 0.0753
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Estimated Market Risk
| 2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Rakuten is performing at about 5% 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 Rakuten by adding it to a well-diversified portfolio.
Rakuten Valuation on February 16, 2024
It is possible to determine the worth of Rakuten on a given historical date. On February 16, 2024 Rakuten was worth 5.16 at the beginning of the trading date compared to the closed value of 5.21. 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 | |
| 4.70 | 4.97 | 4.70 | 4.94 | 44,000 | |
02/16/2024 | 5.16 | 5.25 | 5.16 | 5.21 | 30,700 |
| 4.98 | 5.15 | 4.95 | 5.15 | 65,500 |
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Rakuten Trading Date Momentum on February 16, 2024
| On February 20 2024 Rakuten Inc ADR was traded for 5.15 at the closing time. The highest daily price throughout the period was 5.15 and the lowest price was 4.95 . The daily volume was 65.5 K. The net trading volume on 02/20/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.15% . The trading delta at closing time to current closing price is 0.00% . |
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.
Price Boundaries
Rakuten Period Price Range
Low | February 16, 2024
| High |
5.16 | 5.21 |
Rakuten May 6, 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
| Accumulation Distribution | 526.29 | |||
| Daily Balance Of Power | 0.5556 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 5.21 | |||
| Day Typical Price | 5.21 | |||
| Price Action Indicator | 0.03 | |||
| Period Momentum Indicator | (0.27) |
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.
| Risk Adjusted Performance | 0.0525 | |||
| Jensen Alpha | 0.0919 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0538 | |||
| Treynor Ratio | 0.1311 |
| Cycle Indicators | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rakuten Inc ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary 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.
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