Rakuten Inc Adr Stock Technical Analysis
RKUNY Stock | USD 4.76 0.15 3.05% |
As of the 26th of April, Rakuten holds the Semi Deviation of 2.24, risk adjusted performance of 0.037, and Coefficient Of Variation of 2139.9. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rakuten, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Rakuten Inc ADR, which can be compared to its competitors. Please check Rakuten Inc ADR coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Rakuten Inc ADR is priced some-what accurately, providing market reflects its current price of 4.76 per share. Given that Rakuten has jensen alpha of 0.0225, we recommend you to check out Rakuten Inc ADR's recent market performance to make sure the company can sustain itself at a future point.
Rakuten Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Rakuten, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RakutenRakuten |
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.
Rakuten Inc ADR Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Rakuten Inc ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Rakuten Inc ADR Trend Analysis
Use this graph to draw trend lines for Rakuten Inc ADR. You can use it to identify possible trend reversals for Rakuten as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Rakuten price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Rakuten Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Rakuten Inc ADR applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Rakuten Inc ADR will continue generating value for investors. It has 122 observation points and a regression sum of squares at 8.8, which is the sum of squared deviations for the predicted Rakuten price change compared to its average price change.About Rakuten Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Rakuten Inc ADR on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Rakuten Inc ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Rakuten Inc ADR price pattern first instead of the macroeconomic environment surrounding Rakuten Inc ADR. By analyzing Rakuten's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Rakuten's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Rakuten specific price patterns or momentum indicators. Please read more on our technical analysis page.
Rakuten April 26, 2024 Technical Indicators
Most technical analysis of Rakuten help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Rakuten from various momentum indicators to cycle indicators. When you analyze Rakuten charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.037 | |||
Market Risk Adjusted Performance | 0.1062 | |||
Mean Deviation | 1.97 | |||
Semi Deviation | 2.24 | |||
Downside Deviation | 2.35 | |||
Coefficient Of Variation | 2139.9 | |||
Standard Deviation | 2.94 | |||
Variance | 8.67 | |||
Information Ratio | 0.0164 | |||
Jensen Alpha | 0.0225 | |||
Total Risk Alpha | (0.25) | |||
Sortino Ratio | 0.0206 | |||
Treynor Ratio | 0.0962 | |||
Maximum Drawdown | 19.92 | |||
Value At Risk | (3.57) | |||
Potential Upside | 5.12 | |||
Downside Variance | 5.51 | |||
Semi Variance | 5.04 | |||
Expected Short fall | (2.27) | |||
Skewness | 1.8 | |||
Kurtosis | 7.86 |
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 Stocks Directory module to find actively traded stocks across global markets.
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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