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Analysis of Robinhood share price

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If you are interested in Robinhood stock and want to buy or trade it online, you need to be sure that you have all the information you need to analyse its price. Here you can find out the most important data about the company, such as details of its activities and revenue sources, its main competitors in the market and its most recent partners. We will also explain how you can perform a fundamental analysis of this stock on the stock market.

Elements that can influence the price of this asset:

Analysis N°1

In particular, it will be important to keep an eye on the group's geographical expansion and its development in countries other than the United States.

Analysis N°2

The technological developments carried out by the Robinhood group are also important and should be followed closely. In particular, the investments made in research and development by the company in order to improve its functionalities should be followed.

Analysis N°3

International legislation on websites and applications offering financial services may also have a strong influence on the price of this stock.

Analysis N°4

The competition is also increasingly strong and will need to be studied in detail with publications and key events from the major companies in the industry.

Analysis N°5

Partnerships and other strategic transactions carried out by the Robinhood group may also have an impact on the evolution of its share price.

Analysis N°6

Finally, the company's financial results should also be closely monitored by comparing them from one year to the next and also by comparing them with analysts' expectations.

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General presentation of Robinhood

It is also important to get to know the Robinhood business well by understanding its activities and sources of income. This will allow you to understand the challenges and opportunities for growth. Here is a complete presentation of the company:

Robinhood Markets Inc is a company that develops a financial services platform. The company focuses primarily on developing applications to enhance cash management such as stocks, exchange traded funds, options and crypto-currencies.

The company's platform offers trading in a variety of US-listed assets as well as options and American Depositary Receipts, crypto-currency trading through its Robinhood Crypto subsidiary, split trading allowing clients to build a diversified portfolio and access equities, recurring investments, cash management incorporating Robinhood Gold branded debit cards. Finally, the group also offers a monthly subscription service that allows clients to access features such as instant access to deposits and professional research.

The group currently employs over 3,800 people.

Analysis of Robinhood share price
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The major competitors of Robinhood

The Robinhood Group is currently making its mark in the online financial services market, but it still faces significant competition from a number of large, similar players:

E-Trade

This online brokerage company offers stock trading services as well as online portfolio management tools, investment research tools and financial planning tools.

eToro

This other company is known for its online brokerage and trading platform. This platform allows its users to trade and sell financial instruments with maximum transparency on the transactions made.

River Financial

This company offers a number of stock and fund trading services to its users.

Charles Schwab

This is a brokerage firm that has been providing specialised services to help companies through employee share ownership programmes for several decades.

Coinbase 

Finally, we should also follow the company Coinbase which is both a wallet and an online crypto-currency broker. Its platform allows you to buy Bitcoins via Visa, Mastercard and other bank cards or online payment systems.


The major partners of Robinhood

If it is important to know Robinhood's main competitors, it is also necessary to know its main partners. Indeed, the group regularly announces this type of strategic operation likely to boost its share price. Here are some of its recent partners:

Burger King

the first partnership we're going to talk about is the one created with Burger King and which concerns the loyalty programme of this fast food chain. The group is thus relying on the popularity of digital currencies to offer, for a set period of time, to Royal Perks members, to be rewarded with a crypto for every $5 spent on the BK application, on the website or in shop with a code and in participating locations in the United States. As a result and thanks to this partnership with the financial service, it is mainly Dogecoin as well as Ethereum and Bitcoin that have been offered to Burger King customers.

Chainalysis

this company specialising in blockchain analytics as well as the blockchain industry as a whole, has also formed a strategic partnership with trading app Robinhood. This partnership will allow Robinhood to leverage Chainalysis' data and advanced tools for compliance and investigations. It is also notable that this partnership comes at a strategic time and as the trading app is about to launch its own native crypto-currency wallet.

Cove Markets

 Finally, the last partnership we're going to talk about is with the company Cove Markets. This is an API platform that allows users to trade on multiple centralized exchanges and manage aggregated financial data that will be part of Robinhood Crypto. Through this partnership, traders and investors can connect up to 7 exchanges including Coinbase Pro, Kraken, Bitfinex and others using Cove Markets to trade over 50 major currencies and altcoins. The two trading firms said they plan to increase the volume of order routing and execution on Robinhood through the acquisition. At the time of the partnership, Christine Brown, Robinhood Crypto's COO, made a variety of remarks and comments that were widely followed by investors.

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Frequently Asked Questions

Who are the main shareholders of the Robinhood group today?

The Robinhood group's capital is currently partly owned by various major shareholders including Index Ventures with 9.78%, Galileo with 7.85%, NEA Management with 6.50%, Ribbit Management with 5.93%, Iconiq Capital with 3.31%, ARK Investment Management with 3.22%, Greenoaks Capital Partners with 3.06%, Thrive Capital Management with 2.76%, AH Capital Management with 2.74% and Sequoia Capital with 2.31%.

How do I perform a technical analysis of the Robinhood share price?

The Robinhood share can be analysed using technical analysis. This method of analysis is based on the study of the stock's charts and the use of various trend and volatility indicators. The indicators most frequently used by analysts are the RSI indicator, the MACD, moving averages or stochastic indicators or pivot points, technical support and resistance levels.

Where and how to invest in Robinhood shares online?

To invest in Robinhood shares, there are currently several ways to do so. One way is to buy the shares in cash with a securities account. Another way to invest in this stock without actually buying it is through a derivative product such as CFDs or contracts for difference. These contracts allow you to speculate on whether the price of the stock will rise or fall.

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