Rentokil Initial Plc Stock Price on August 7, 2023

RKLIF Stock  USD 5.20  0.30  6.12%   
If you're considering investing in Rentokil Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Rentokil Initial stands at 5.20, as last reported on the 28th of November, with the highest price reaching 5.20 and the lowest price hitting 5.20 during the day. Rentokil Initial plc maintains Sharpe Ratio (i.e., Efficiency) of -0.0226, which implies the firm had a -0.0226% return per unit of risk over the last 3 months. Rentokil Initial plc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rentokil Initial's Risk Adjusted Performance of (0.02), coefficient of variation of (2,477), and Variance of 17.19 to confirm the risk estimate we provide.
  
Rentokil Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0226

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Estimated Market Risk

 4.32
  actual daily
38
62% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Rentokil Initial 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 Rentokil Initial by adding Rentokil Initial to a well-diversified portfolio.

Related Headline

CBIZ Headline on 7th of August 2023

Filed transaction by Cbiz Inc director. General open market or private sale of non-derivative or derivative security

Rentokil Initial Valuation on August 7, 2023

It is possible to determine the worth of Rentokil Initial on a given historical date. On August 7, 2023 Rentokil was worth 7.14 at the beginning of the trading date compared to the closed value of 7.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rentokil Initial pink sheet. Still, in general, we apply an absolute valuation method to find Rentokil Initial'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 Rentokil Initial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rentokil Initial's related companies.
 Open High Low Close Volume
08/07/2023
  7.14    7.14    7.14    7.14    200.00  
  7.35    7.35    7.35    7.35    8,402  
Backtest Rentokil Initial  |  Rentokil Initial History  |  Rentokil Initial Valuation Next  
Open Value
7.14
7.14
Closing Value
20.09
Upside

Rentokil Initial Trading Date Momentum on August 7, 2023

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Rentokil Initial plc Fundamentals Correlations and Trends

By evaluating Rentokil Initial'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 Rentokil Initial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rentokil financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Rentokil Initial Pink Sheet history

Rentokil Initial 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 Rentokil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rentokil Initial plc 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 Rentokil Initial stock prices may prove useful in developing a viable investing in Rentokil Initial
Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. Rentokil Initial plc was founded in 1903 and is headquartered in Crawley, the United Kingdom. Rentokil Initial operates under Specialty Business Services classification in the United States and is traded on OTC Exchange. It employs 46000 people.

Rentokil Initial Pink Sheet Technical Analysis

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

Rentokil Initial Period Price Range

Low
November 28, 2024
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High

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Rentokil Initial plc 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.

Rentokil Initial November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Rentokil Initial 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 Rentokil Initial shares will generate the highest return on investment. By undertsting and applying Rentokil Initial pink sheet market strength indicators, traders can identify Rentokil Initial plc entry and exit signals to maximize returns

Rentokil Initial Technical and Predictive Indicators

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

Complementary Tools for Rentokil Pink Sheet analysis

When running Rentokil Initial's price analysis, check to measure Rentokil Initial'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 Rentokil Initial is operating at the current time. Most of Rentokil Initial's value examination focuses on studying past and present price action to predict the probability of Rentokil Initial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rentokil Initial's price. Additionally, you may evaluate how the addition of Rentokil Initial to your portfolios can decrease your overall portfolio volatility.
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