Ritchie Bros Auctioneers Stock Price on November 6, 2024

RBA Stock  CAD 138.34  0.78  0.57%   
Below is the normalized historical share price chart for Ritchie Bros Auctioneers extending back to January 27, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ritchie Bros stands at 138.34, as last reported on the 29th of November, with the highest price reaching 138.82 and the lowest price hitting 136.89 during the day.
200 Day MA
108.8942
50 Day MA
119.7534
Beta
0.917
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Ritchie Stock, it is important to understand the factors that can impact its price. Ritchie Bros appears to be very steady, given 3 months investment horizon. Ritchie Bros Auctioneers maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the firm had a 0.22% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ritchie Bros Auctioneers, which you can use to evaluate the volatility of the company. Please evaluate Ritchie Bros' Coefficient Of Variation of 572.15, risk adjusted performance of 0.1388, and Semi Deviation of 0.9115 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Ritchie Bros' Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 12.6 B, while Common Stock Shares Outstanding is likely to drop about 117.7 M. . At this time, Ritchie Bros' Price To Sales Ratio is very stable compared to the past year. As of the 29th of November 2024, Price To Operating Cash Flows Ratio is likely to grow to 29.27, while Price Earnings Ratio is likely to drop 46.27. Ritchie Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2152

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsRBA
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.49
  actual daily
13
87% of assets are more volatile

Expected Return

 0.32
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.22
  actual daily
16
84% of assets perform better
Based on monthly moving average Ritchie Bros is performing at about 16% 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 Ritchie Bros by adding it to a well-diversified portfolio.
Price Book
3.4717
Enterprise Value Ebitda
16.5753
Price Sales
6.0639
Shares Float
184.1 M
Dividend Share
1.12

Ritchie Bros Valuation on November 6, 2024

It is possible to determine the worth of Ritchie Bros on a given historical date. On November 6, 2024 Ritchie was worth 121.51 at the beginning of the trading date compared to the closed value of 124.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ritchie Bros stock. Still, in general, we apply an absolute valuation method to find Ritchie Bros' 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 Ritchie Bros where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ritchie Bros' related companies.
 Open High Low Close Volume
  118.69    120.33    118.02    119.60    101,927  
11/06/2024
  121.51    124.55    120.69    124.17    170,865  
  124.16    124.28    122.39    123.56    102,888  
Backtest Ritchie Bros  |  Ritchie Bros History  |  Ritchie Bros Valuation   PreviousNext  
Open Value
121.51
117.05
Downside
124.17
Closing Value
125.97
Upside

Ritchie Bros Trading Date Momentum on November 6, 2024

On November 07 2024 Ritchie Bros Auctioneers was traded for  123.56  at the closing time. The maximum traded price for the trading interval was 124.28  and the lowest daily price was  122.39 . The daily volume was recorded at 102.9 K. The volume of trading on 7th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.49% . The trading delta at closing time to the closing price today is 5.05% .

Ritchie Bros Auctioneers Fundamentals Correlations and Trends

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

About Ritchie Bros Stock history

Ritchie Bros 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 Ritchie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ritchie Bros Auctioneers 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 Ritchie Bros stock prices may prove useful in developing a viable investing in Ritchie Bros
Last ReportedProjected for Next Year
Common Stock Shares Outstanding168.2 M117.7 M
Net Income Applicable To Common Shares367.6 M386 M

Ritchie Bros Quarterly Net Working Capital

409.7 Million

Ritchie Bros Stock Technical Analysis

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

Ritchie Bros Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Ritchie Bros Auctioneers cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Ritchie Bros November 29, 2024 Market Strength

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

Ritchie Bros Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ritchie Bros' price direction in advance. Along with the technical and fundamental analysis of Ritchie Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ritchie 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.

Other Information on Investing in Ritchie Stock

Ritchie Bros financial ratios help investors to determine whether Ritchie Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ritchie with respect to the benefits of owning Ritchie Bros security.