Rio Tinto (Australia) Price on September 13, 2024
| RIO Stock | 123.81 1.47 1.17% |
Below is the normalized historical share price chart for Rio Tinto extending back to April 01, 1993. 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 Rio Tinto stands at 123.81, as last reported on the 12th of December 2024, with the highest price reaching 125.32 and the lowest price hitting 123.73 during the day.
If you're considering investing in Rio Stock, it is important to understand the factors that can impact its price. Currently, Rio Tinto is very steady. Rio Tinto maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rio Tinto, which you can use to evaluate the volatility of the company. Please check Rio Tinto's Coefficient Of Variation of 747.48, semi deviation of 1.17, and Risk Adjusted Performance of 0.1021 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
At this time, Rio Tinto's Common Stock is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 4.7 B in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 89.3 B in 2024. . Rio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 120.3596 | 50 Day MA 119.2264 | Beta 0.617 |
Rio |
Sharpe Ratio = 0.11
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Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Rio Tinto is performing at about 8% 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 Rio Tinto by adding it to a well-diversified portfolio.
Price Book 2.3425 | Enterprise Value Ebitda 6.0131 | Price Sales 3.7217 | Shares Float 1.4 B | Dividend Share 4.349 |
Rio Tinto Valuation on September 13, 2024
It is possible to determine the worth of Rio Tinto on a given historical date. On September 13, 2024 Rio was worth 111.86 at the beginning of the trading date compared to the closed value of 111.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rio Tinto stock. Still, in general, we apply an absolute valuation method to find Rio Tinto's 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 Rio Tinto where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rio Tinto's related companies.
| Open | High | Low | Close | Volume | |
| 109.22 | 110.41 | 108.55 | 110.41 | 1,171,975 | |
09/13/2024 | 111.86 | 113.38 | 111.37 | 111.42 | 1,092,069 |
| 111.80 | 111.84 | 110.06 | 110.81 | 882,851 |
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Rio Tinto Trading Date Momentum on September 13, 2024
| On September 16 2024 Rio Tinto was traded for 110.81 at the closing time. The maximum traded price for the trading interval was 111.84 and the lowest daily price was 110.06 . The daily volume was recorded at 882.9 K. The volume of trading on 16th of September 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.55% . The trading delta at closing time to the closing price today is 0.65% . |
Rio Tinto Fundamentals Correlations and Trends
By evaluating Rio Tinto's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Rio Tinto's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rio financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rio Tinto Stock history
Rio Tinto 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 Rio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rio Tinto 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 Rio Tinto stock prices may prove useful in developing a viable investing in Rio Tinto
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.6 B | 1.4 B | |
| Net Income Applicable To Common Shares | 14.3 B | 7.3 B |
Rio Tinto Quarterly Net Working Capital |
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Rio Tinto Stock Technical Analysis
Rio Tinto 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.
Price Boundaries
Rio Tinto Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Rio Tinto cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Rio Tinto December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Rio Tinto stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rio Tinto shares will generate the highest return on investment. By undertsting and applying Rio Tinto stock market strength indicators, traders can identify Rio Tinto entry and exit signals to maximize returns
Rio Tinto Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rio Tinto's price direction in advance. Along with the technical and fundamental analysis of Rio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rio 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.
| Risk Adjusted Performance | 0.1021 | |||
| Jensen Alpha | 0.1874 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0664 | |||
| Treynor Ratio | 1.34 |
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Additional Tools for Rio Stock Analysis
When running Rio Tinto's price analysis, check to measure Rio Tinto's 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 Rio Tinto is operating at the current time. Most of Rio Tinto's value examination focuses on studying past and present price action to predict the probability of Rio Tinto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rio Tinto's price. Additionally, you may evaluate how the addition of Rio Tinto to your portfolios can decrease your overall portfolio volatility.