Ree Automotive maintains Sharpe Ratio (i.e., Efficiency) of -0.2, which implies the firm had -0.2% of return per unit of risk over the last 3 months. Macroaxis standpoint towards forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and
technical indicators. Ree Automotive exposes twenty-one different
technical indicators, which can help you to evaluate volatility that cannot be
diversified away. Please be advised to check Ree Automotive
risk adjusted performance of
(0.13), and Coefficient Of Variation of
(491.18) to confirm the risk estimate we provide.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Ree Automotive income statement, its balance sheet, and the statement of cash flows. Potential Ree Automotive investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Ree Automotive investors may use each financial statement separately, they are all related. The changes in Ree Automotive's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ree Automotive's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Ree Automotive
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Ree Automotive performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Ree Automotive shares is the value that is considered the true value of the share. If
the intrinsic value of Ree is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Ree Automotive. Please read more on our
fundamental analysis page.
How effective is Ree Automotive in utilizing its assets?
Ree Automotive Holding reports assets on its Balance Sheet. It represents the amount of Ree resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, Ree Automotive aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Apparel, Accessories & Luxury Goods space. To get a better handle on how balance sheet or income statements item affect Ree volatility, please check the breakdown of all its
fundamentals.
Are Ree Automotive Earnings Expected to grow?
The
future earnings power of Ree Automotive involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Ree Automotive factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Ree Automotive
stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Ree
expected earnings.
Ree Automotive Gross Profit
Ree Automotive Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Ree Automotive previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Ree Automotive Gross Profit growth over the last 10 years. Please check Ree Automotive's
gross profit and other
fundamental indicators for more details.
What is driving Ree Automotive Investor Appetite?
This firm reported the last year's revenue of 177
K. Reported Net Loss for the year was (73.28
M) with loss before taxes, overhead, and interest of (61
K).
Can Ree Automotive build up on the latest surge?
The maximum drawdown is down to 38.83 as of today. Ree Automotive exhibits very low volatility with skewness of -2.75 and kurtosis of 15.01. However, we advise investors to further study Ree Automotive technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ree Automotive's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ree Automotive's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Ree Automotive Implied Volatility
Ree Automotive's implied volatility exposes the market's sentiment of Ree Automotive stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ree Automotive's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ree Automotive stock will not fluctuate a lot when Ree Automotive's options are near their expiration.
Our Conclusion on Ree Automotive
Although some companies in the recreational vehicles industry are either recovering or due for a correction, Ree Automotive may not be as strong as the others in terms of longer-term growth potentials. While some next week oriented shareholders may not share our view, we believe it may not be a good time to take in new shares of Ree Automotive.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Ree Automotive Holding. Please refer to our
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