Riocan Reit Stock Price on August 21, 2023
RIOCF Stock | USD 12.90 0.07 0.54% |
If you're considering investing in Riocan Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Riocan REIT stands at 12.90, as last reported on the 11th of December 2024, with the highest price reaching 12.97 and the lowest price hitting 12.87 during the day. Riocan REIT maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Riocan REIT exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Riocan REIT's Variance of 1.91, coefficient of variation of (1,103), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
Riocan Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Riocan |
Sharpe Ratio = -0.1244
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Estimated Market Risk
1.39 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Riocan REIT is not performing at its full potential. However, 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 Riocan REIT by adding Riocan REIT to a well-diversified portfolio.
Riocan REIT Valuation on August 21, 2023
It is possible to determine the worth of Riocan REIT on a given historical date. On August 21, 2023 Riocan was worth 12.91 at the beginning of the trading date compared to the closed value of 12.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Riocan REIT pink sheet. Still, in general, we apply an absolute valuation method to find Riocan REIT'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 Riocan REIT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Riocan REIT's related companies.
Open | High | Low | Close | Volume | |
12.94 | 12.96 | 12.94 | 12.96 | 4,891 | |
08/21/2023 | 12.91 | 12.98 | 12.83 | 12.93 | 4,755 |
12.90 | 12.94 | 12.86 | 12.94 | 8,898 |
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Riocan REIT Trading Date Momentum on August 21, 2023
On August 22 2023 Riocan REIT was traded for 12.94 at the closing time. The highest daily price throughout the period was 12.94 and the lowest price was 12.86 . The daily volume was 8.9 K. The net trading volume on 08/22/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.08% . The trading delta at closing time to current closing price is 0.93% . |
Riocan REIT Fundamentals Correlations and Trends
By evaluating Riocan REIT'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 Riocan REIT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Riocan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Riocan REIT Pink Sheet history
Riocan REIT 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 Riocan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Riocan REIT 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 Riocan REIT stock prices may prove useful in developing a viable investing in Riocan REIT
RioCan is one of Canadas largest real estate investment trusts. As at September 30, 2020, our portfolio is comprised of 221 properties with an aggregate net leasable area of approximately 38.4 million square feet including office, residential rental and 16 development properties. Riocan Real operates under REITRetail classification in the United States and is traded on OTC Exchange. It employs 582 people.
Riocan REIT Pink Sheet Technical Analysis
Riocan REIT technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Riocan REIT Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Riocan REIT cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Riocan REIT December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Riocan REIT pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Riocan REIT shares will generate the highest return on investment. By undertsting and applying Riocan REIT pink sheet market strength indicators, traders can identify Riocan REIT entry and exit signals to maximize returns
Riocan REIT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Riocan REIT's price direction in advance. Along with the technical and fundamental analysis of Riocan Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Riocan 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 | (0.06) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | (0.31) |
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Volume Indicators |
Complementary Tools for Riocan Pink Sheet analysis
When running Riocan REIT's price analysis, check to measure Riocan REIT'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 Riocan REIT is operating at the current time. Most of Riocan REIT's value examination focuses on studying past and present price action to predict the probability of Riocan REIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riocan REIT's price. Additionally, you may evaluate how the addition of Riocan REIT to your portfolios can decrease your overall portfolio volatility.
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