Fisher Asset Management LLC Boosts Stock Position in Rio Tinto Group - MarketBeat
RTNTF Stock | USD 75.18 0.55 0.74% |
Roughly 52% of Rio Tinto's investor base is interested to short. The analysis of overall sentiment of trading Rio Tinto Group pink sheet suggests that many investors are impartial at this time. The current market sentiment, together with Rio Tinto's historical and current headlines, can help investors time the market. In addition, many technical investors use Rio Tinto Group stock news signals to limit their universe of possible portfolio assets.
Rio Tinto pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Rio daily returns and investor perception about the current price of Rio Tinto Group as well as its diversification or hedging effects on your existing portfolios.
Rio |
Fisher Asset Management LLC Boosts Stock Position in Rio Tinto Group MarketBeat
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Rio Tinto Fundamental Analysis
We analyze Rio Tinto's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rio Tinto using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rio Tinto based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
Rio Tinto is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Rio Tinto Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Rio Tinto pink sheet to make a market-neutral strategy. Peer analysis of Rio Tinto could also be used in its relative valuation, which is a method of valuing Rio Tinto by comparing valuation metrics with similar companies.
Peers
Rio Tinto Related Equities
AMLI | American Lithium | 3.79 | ||||
GLNCY | Glencore PLC | 2.96 | ||||
NGLOY | Anglo American | 2.78 | ||||
BHPLF | BHP Group | 2.74 | ||||
AAUKF | Anglo American | 1.32 | ||||
SMMYY | Sumitomo Metal | 0.50 | ||||
IVPAF | Ivanhoe Mines | 0.23 | ||||
RTPPF | Rio Tinto | 2.91 | ||||
SLVDF | Silver Dollar | 3.85 | ||||
DBLVF | Doubleview Gold | 7.41 | ||||
LITOF | Frontier Lithium | 10.26 |
Complementary Tools for Rio Pink Sheet 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.
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