Trade RACE
Ferrari N.V.
Ferrari is an Italian luxury sports car manufacturer and one of the most valuable automotive brands in the world, known for intentionally limiting production to protect exclusivity.
Specifications
About RACE
Ferrari N.V. designs, engineers, and produces luxury sports cars at its Maranello factory in Italy. Unlike mass-market automakers, Ferrari deliberately caps annual production to maintain scarcity and protect resale values. This strategy enables the company to command average selling prices well above $300,000 and generate operating margins that rival luxury goods companies. RACE is listed on the NYSE and trades as a hybrid between an automotive stock and a luxury brand. CFD traders are drawn to Ferrari because of its unique pricing dynamics, limited supply model, and sensitivity to high-net-worth consumer spending trends.
Key Price Drivers
- Capped annual production with multi-year waiting list locks in revenue
- Personalisation spend per car drives margins (bespoke options, limited editions)
- First fully electric model will test whether EVs can sustain premium pricing
- F1 racing results influence brand sentiment and showroom traffic
Peak Trading Hours
Consumer discretionary share CFDs are available during NYSE/NASDAQ hours on StoicFX MT5. These stocks respond to consumer confidence data and tend to see elevated volume around earnings season and product announcements.
NYSE/NASDAQ regular session (14:30-21:00 UTC)
Share CFDs follow NYSE/NASDAQ schedules and are closed on US public holidays. Consumer-facing companies often report delivery figures or subscriber counts outside of market hours, which can produce opening gaps. Hours shift by one hour during US daylight saving time.
How to Trade RACE on StoicFX
Open an Account
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Fund Your Account
Deposit via bank transfer, card, crypto, or e-wallet.
Find RACE in MT5
Open MetaTrader 5, search for RACE in Market Watch, and add it to your chart.
Place Your Trade
Set your lot size, stop loss, and take profit, then execute your order.
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FAQ
Do I own Ferrari shares when I trade RACE on StoicFX?
No. RACE on StoicFX is a CFD (Contract for Difference). You gain exposure to Ferrari's share price movements without purchasing the underlying stock. You have no shareholder voting rights and do not receive actual dividend payments.
Why does Ferrari trade at such a high price-to-earnings ratio?
The market values Ferrari more like a luxury goods company than a traditional automaker. Its limited production strategy, pricing power, and high margins justify a premium multiple similar to companies like Hermes or LVMH.
What events cause the biggest moves in RACE?
Quarterly earnings, especially revenue per unit and personalisation revenue, are the primary catalysts. New model unveils, changes to the production cap, and updates on the electric vehicle roadmap also generate significant price reactions.
Can I short RACE on StoicFX?
Yes. Because RACE is a CFD, you can open short positions to profit from a decline in Ferrari's share price. This could be useful during periods of luxury spending slowdowns or negative sentiment around the EV transition.
Start Trading RACE
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CFDs are complex instruments and carry a high risk of rapid capital loss due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.