Rio2 Stock Price on October 11, 2024
| RIO Stock | CAD 0.67 0.01 1.47% |
Below is the normalized historical share price chart for Rio2 extending back to August 08, 1996. 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 Rio2 stands at 0.67, as last reported on the 27th of November, with the highest price reaching 0.70 and the lowest price hitting 0.66 during the day.
If you're considering investing in Rio2 Stock, it is important to understand the factors that can impact its price. Rio2 appears to be abnormally volatile, given 3 months investment horizon. Rio2 maintains Sharpe Ratio (i.e., Efficiency) of 0.0893, which implies the firm had a 0.0893% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rio2, which you can use to evaluate the volatility of the company. Please evaluate Rio2's Coefficient Of Variation of 1013.33, risk adjusted performance of 0.0833, and Semi Deviation of 2.9 to confirm if our risk estimates are consistent with your expectations.
At this time, Rio2's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 271.4 M in 2024, whereas Capital Stock is likely to drop slightly above 112.6 M in 2024. . At this time, Rio2's Price To Sales Ratio is fairly stable compared to the past year. Price Sales Ratio is likely to climb to 9,717 in 2024, whereas Price Earnings Ratio is likely to drop (6.63) in 2024. Rio2 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.529 | 50 Day MA 0.6654 | Beta 2.352 |
Rio2 |
Sharpe Ratio = 0.0893
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.58 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Rio2 is performing at about 7% 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 Rio2 by adding it to a well-diversified portfolio.
Price Book 2.7126 | Book Value 0.282 | Enterprise Value 277.4 M | Enterprise Value Ebitda (135.97) | Shares Float 285.7 M |
Rio2 Valuation on October 11, 2024
It is possible to determine the worth of Rio2 on a given historical date. On October 11, 2024 Rio2 was worth 0.63 at the beginning of the trading date compared to the closed value of 0.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rio2 stock. Still, in general, we apply an absolute valuation method to find Rio2'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 Rio2 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rio2's related companies.
| Open | High | Low | Close | Volume | |
| 0.63 | 0.64 | 0.63 | 0.63 | 94,500 | |
10/11/2024 | 0.63 | 0.65 | 0.63 | 0.65 | 145,206 |
| 0.66 | 0.71 | 0.66 | 0.68 | 231,682 |
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Rio2 Trading Date Momentum on October 11, 2024
| On October 15 2024 Rio2 was traded for 0.68 at the closing time. The highest daily price throughout the period was 0.71 and the lowest price was 0.66 . The daily volume was 231.7 K. The net trading volume on 10/15/2024 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 4.62% . The trading delta at closing time to current closing price is 10.77% . |
Rio2 Fundamentals Correlations and Trends
By evaluating Rio2'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 Rio2's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rio2 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rio2 Stock history
Rio2 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 Rio2 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rio2 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 Rio2 stock prices may prove useful in developing a viable investing in Rio2
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 258.5 M | 271.4 M | |
| Net Loss | -2.1 M | -2.2 M |
Rio2 Stock Technical Analysis
Rio2 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
Rio2 Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Rio2 cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Rio2 November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Rio2 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rio2 shares will generate the highest return on investment. By undertsting and applying Rio2 stock market strength indicators, traders can identify Rio2 entry and exit signals to maximize returns
Rio2 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rio2's price direction in advance. Along with the technical and fundamental analysis of Rio2 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rio2 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 | 0.0833 | |||
| Jensen Alpha | 0.322 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0593 | |||
| Treynor Ratio | 1.53 |
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Additional Tools for Rio2 Stock Analysis
When running Rio2's price analysis, check to measure Rio2'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 Rio2 is operating at the current time. Most of Rio2's value examination focuses on studying past and present price action to predict the probability of Rio2's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rio2's price. Additionally, you may evaluate how the addition of Rio2 to your portfolios can decrease your overall portfolio volatility.