Robinhood Markets Stock Price on August 31, 2021

HOOD Stock  USD 20.13  0.12  0.60%   
If you're considering investing in Robinhood Stock, it is important to understand the factors that can impact its price. As of today, the current price of Robinhood Markets stands at 20.13, as last reported on the 28th of March, with the highest price reaching 20.54 and the lowest price hitting 19.88 during the day. Robinhood Markets appears to be not too volatile, given 3 months investment horizon. Robinhood Markets maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23% return per unit of risk over the last 3 months. By analyzing Robinhood Markets' technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please evaluate Robinhood Markets' Semi Deviation of 2.29, risk adjusted performance of 0.1273, and Coefficient Of Variation of 467.08 to confirm if our risk estimates are consistent with your expectations.
  
At present, Robinhood Markets' Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. . At present, Robinhood Markets' Price Earnings To Growth Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 21.45, whereas Price Book Value Ratio is forecasted to decline to 1.60. Robinhood Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2321

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Estimated Market Risk

 3.44
  actual daily
30
70% of assets are more volatile

Expected Return

 0.8
  actual daily
15
85% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
17
83% of assets perform better
Based on monthly moving average Robinhood Markets is performing at about 17% 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 Robinhood Markets by adding it to a well-diversified portfolio.
Price Book
2.5181
Enterprise Value Ebitda
(26.01)
Price Sales
9.0409
Shares Float
577 M
Wall Street Target Price
15.88

Robinhood Markets Valuation on August 31, 2021

It is possible to determine the worth of Robinhood Markets on a given historical date. On August 31, 2021 Robinhood was worth 10.91 at the beginning of the trading date compared to the closed value of 10.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Robinhood Markets stock. Still, in general, we apply an absolute valuation method to find Robinhood Markets' 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 Robinhood Markets where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Robinhood Markets' related companies.
 Open High Low Close Volume
03/14/2022
  10.91    11.14    10.40    10.65    17,131,300  
  10.53    11.12    10.20    11.04    16,286,600  
Backtest Robinhood Markets  |  Robinhood Markets History  |  Robinhood Markets Valuation Next  
Open Value
10.91
10.65
Closing Value
21.22
Upside

Robinhood Markets Trading Date Momentum on August 31, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Robinhood Markets Fundamentals Correlations and Trends

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

About Robinhood Markets Stock history

Robinhood Markets 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 Robinhood is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Robinhood Markets 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 Robinhood Markets stock prices may prove useful in developing a viable investing in Robinhood Markets
Last ReportedProjected for 2024
Common Stock Shares Outstanding890.9 M600.3 M
Net Loss-925.2 M-971.5 M

Robinhood Markets Quarterly Net Working Capital

6.25 Billion

Robinhood Markets Stock Technical Analysis

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

Robinhood Markets Period Price Range

Low
March 14, 2022
High

 10.91 

  

 10.65 

-0.26-2.38%

Robinhood Markets March 28, 2024 Market Strength

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

Robinhood Markets Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Robinhood Markets' price direction in advance. Along with the technical and fundamental analysis of Robinhood Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Robinhood 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.
When determining whether Robinhood Markets is a strong investment it is important to analyze Robinhood Markets' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Robinhood Markets' future performance. For an informed investment choice regarding Robinhood Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Robinhood Markets. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Robinhood Stock refer to our How to Trade Robinhood Stock guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Robinhood Markets' price analysis, check to measure Robinhood Markets' 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 Robinhood Markets is operating at the current time. Most of Robinhood Markets' value examination focuses on studying past and present price action to predict the probability of Robinhood Markets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Robinhood Markets' price. Additionally, you may evaluate how the addition of Robinhood Markets to your portfolios can decrease your overall portfolio volatility.
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Is Robinhood Markets' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Robinhood Markets. If investors know Robinhood will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Robinhood Markets listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.61)
Revenue Per Share
2.093
Quarterly Revenue Growth
0.239
Return On Assets
(0.02)
Return On Equity
(0.08)
The market value of Robinhood Markets is measured differently than its book value, which is the value of Robinhood that is recorded on the company's balance sheet. Investors also form their own opinion of Robinhood Markets' value that differs from its market value or its book value, called intrinsic value, which is Robinhood Markets' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Robinhood Markets' market value can be influenced by many factors that don't directly affect Robinhood Markets' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Robinhood Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Robinhood Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Robinhood Markets' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.