Rb Global Stock Price on August 23, 2024
| RBA Stock | USD 88.78 1.58 1.75% |
If you're considering investing in RBA Stock, it is important to understand the factors that can impact its price. As of today, the current price of RB Global stands at 88.78, as last reported on the 12th of January 2025, with the highest price reaching 89.66 and the lowest price hitting 88.59 during the day. At this point, RB Global is very steady. RB Global retains Efficiency (Sharpe Ratio) of 0.11, which implies the company had a 0.11% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for RB Global, which you can use to evaluate the volatility of the entity. Please check RB Global's market risk adjusted performance of 0.2892, and Standard Deviation of 1.47 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
RBA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
RBA |
Sharpe Ratio = 0.1069
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Estimated Market Risk
| 1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.16 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 RB Global 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 RB Global by adding it to a well-diversified portfolio.
RB Global Valuation on August 23, 2024
It is possible to determine the worth of RB Global on a given historical date. On August 23, 2024 RBA was worth 84.59 at the beginning of the trading date compared to the closed value of 85.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RB Global stock. Still, in general, we apply an absolute valuation method to find RB Global'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 RB Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RB Global's related companies.
| Open | High | Low | Close | Volume | |
| 83.75 | 84.68 | 83.75 | 84.33 | 402,271 | |
08/23/2024 | 84.59 | 85.59 | 84.59 | 85.38 | 592,604 |
| 85.84 | 86.94 | 85.67 | 86.34 | 520,308 |
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RB Global Trading Date Momentum on August 23, 2024
| On August 26 2024 RB Global was traded for 86.34 at the closing time. Highest RB Global's price during the trading hours was 86.94 and the lowest price during the day was 85.67 . The net volume was 520.3 K. The overall trading history on the 26th of August contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 1.12% . The trading delta at closing time to current price is 0.07% . |
RB Global Fundamentals Correlations and Trends
By evaluating RB Global'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 RB Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RBA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About RB Global Stock history
RB Global 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 RBA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RB Global 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 RB Global stock prices may prove useful in developing a viable investing in RB Global
Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada. Ritchie Bros operates under Specialty Business Services classification in the United States and is traded on New York Stock Exchange. It employs 2700 people.
RB Global Stock Technical Analysis
RB Global 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
RB Global Period Price Range
Low | January 12, 2025
| High |
0.00 | 0.00 |
RB Global cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
RB Global January 12, 2025 Market Strength
Market strength indicators help investors to evaluate how RB Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RB Global shares will generate the highest return on investment. By undertsting and applying RB Global stock market strength indicators, traders can identify RB Global entry and exit signals to maximize returns
RB Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RB Global's price direction in advance. Along with the technical and fundamental analysis of RBA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RBA 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 | 0.0923 | |||
| Jensen Alpha | 0.1538 | |||
| Total Risk Alpha | 0.1688 | |||
| Sortino Ratio | 0.136 | |||
| Treynor Ratio | 0.2792 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for RBA Stock analysis
When running RB Global's price analysis, check to measure RB Global'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 RB Global is operating at the current time. Most of RB Global's value examination focuses on studying past and present price action to predict the probability of RB Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RB Global's price. Additionally, you may evaluate how the addition of RB Global to your portfolios can decrease your overall portfolio volatility.
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