Richelieu Hardware Stock Price on December 16, 2024
| RCH Stock | CAD 38.79 0.24 0.61% |
If you're considering investing in Richelieu Stock, it is important to understand the factors that can impact its price. As of today, the current price of Richelieu Hardware stands at 38.79, as last reported on the 6th of January, with the highest price reaching 39.01 and the lowest price hitting 38.71 during the day. Richelieu Hardware maintains Sharpe Ratio (i.e., Efficiency) of -0.0153, which implies the firm had a -0.0153% return per unit of risk over the last 3 months. Richelieu Hardware exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Richelieu Hardware's Variance of 1.8, coefficient of variation of (6,542), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
Richelieu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Richelieu |
Sharpe Ratio = -0.0153
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Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.02 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 Richelieu Hardware 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 Richelieu Hardware by adding Richelieu Hardware to a well-diversified portfolio.
Richelieu Hardware Valuation on December 16, 2024
It is possible to determine the worth of Richelieu Hardware on a given historical date. On December 16, 2024 Richelieu was worth 38.07 at the beginning of the trading date compared to the closed value of 37.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Richelieu Hardware stock. Still, in general, we apply an absolute valuation method to find Richelieu Hardware'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 Richelieu Hardware where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Richelieu Hardware's related companies.
| Open | High | Low | Close | Volume | |
| 37.91 | 38.49 | 37.74 | 38.10 | 58,892 | |
12/16/2024 | 38.07 | 38.56 | 37.90 | 37.95 | 41,338 |
| 38.60 | 38.60 | 37.92 | 38.14 | 87,921 |
| Backtest Richelieu Hardware | | | Richelieu Hardware History | | | Richelieu Hardware Valuation | Previous | Next |
Richelieu Hardware Trading Date Momentum on December 16, 2024
| On December 17 2024 Richelieu Hardware was traded for 38.14 at the closing time. The maximum traded price for the trading interval was 38.60 and the lowest daily price was 37.92 . The daily volume was recorded at 87.9 K. The volume of trading on 17th of December 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 0.50% . The trading delta at closing time to the closing price today is 2.53% . |
Richelieu Hardware Fundamentals Correlations and Trends
By evaluating Richelieu Hardware'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 Richelieu Hardware's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Richelieu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Richelieu Hardware Stock history
Richelieu Hardware 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 Richelieu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Richelieu Hardware 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 Richelieu Hardware stock prices may prove useful in developing a viable investing in Richelieu Hardware
Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in North America. Richelieu Hardware Ltd. was founded in 1968 and is headquartered in Montreal, Canada. RICHELIEU HARDWARE operates under Furnishings, Fixtures Appliances classification in Canada and is traded on Toronto Stock Exchange. It employs 2300 people.
Richelieu Hardware Stock Technical Analysis
Richelieu Hardware 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
Richelieu Hardware Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Richelieu Hardware cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Richelieu Hardware January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Richelieu Hardware stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Richelieu Hardware shares will generate the highest return on investment. By undertsting and applying Richelieu Hardware stock market strength indicators, traders can identify Richelieu Hardware entry and exit signals to maximize returns
Richelieu Hardware Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Richelieu Hardware's price direction in advance. Along with the technical and fundamental analysis of Richelieu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Richelieu 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 | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.06) |
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Other Information on Investing in Richelieu Stock
Richelieu Hardware financial ratios help investors to determine whether Richelieu Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Richelieu with respect to the benefits of owning Richelieu Hardware security.