Ridley (Australia) Price on June 29, 2023

RIC Stock   2.71  0.02  0.73%   
Below is the normalized historical share price chart for Ridley extending back to January 29, 1988. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ridley stands at 2.71, as last reported on the 11th of December 2024, with the highest price reaching 2.75 and the lowest price hitting 2.66 during the day.
200 Day MA
2.3402
50 Day MA
2.6406
Beta
0.461
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Ridley Stock, it is important to understand the factors that can impact its price. Currently, Ridley is slightly risky. Ridley maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ridley, which you can use to evaluate the volatility of the company. Please check Ridley's Semi Deviation of 0.9871, risk adjusted performance of 0.1269, and Coefficient Of Variation of 591.11 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
  
At this time, Ridley's Common Stock Shares Outstanding is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 2.2 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 257.1 M in 2024. . Ridley Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1407

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Estimated Market Risk

 1.37
  actual daily
12
88% of assets are more volatile

Expected Return

 0.19
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Ridley is performing at about 11% 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 Ridley by adding it to a well-diversified portfolio.
Price Book
2.6489
Enterprise Value Ebitda
10.1598
Price Sales
0.6827
Shares Float
230.7 M
Dividend Share
0.091

Ridley Valuation on June 29, 2023

It is possible to determine the worth of Ridley on a given historical date. On June 29, 2023 Ridley was worth 1.85 at the beginning of the trading date compared to the closed value of 1.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ridley stock. Still, in general, we apply an absolute valuation method to find Ridley'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 Ridley where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ridley's related companies.
 Open High Low Close Volume
  1.92    1.92    1.83    1.85    524,225  
06/29/2023
  1.85    1.87    1.83    1.87    527,542  
  1.87    1.90    1.87    1.89    375,738  
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Open Value
1.85
1.87
Closing Value
5.96
Upside

Ridley Trading Date Momentum on June 29, 2023

On June 30 2023 Ridley was traded for  1.89  at the closing time. The maximum traded price for the trading interval was 1.90  and the lowest daily price was  1.87 . The daily volume was recorded at 375.7 K. The volume of trading on 30th of June 2023 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.07% . The trading delta at closing time to the closing price today is 0.53% .

Ridley Fundamentals Correlations and Trends

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

About Ridley Stock history

Ridley 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 Ridley is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ridley 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 Ridley stock prices may prove useful in developing a viable investing in Ridley
Last ReportedProjected for Next Year
Common Stock Shares Outstanding326.2 M367.2 M
Net Income Applicable To Common Shares48.1 M25.3 M

Ridley Stock Technical Analysis

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

Ridley Period Price Range

Low
December 11, 2024
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High

 0.00 

     

 0.00 

Ridley cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.

Ridley December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Ridley stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ridley shares will generate the highest return on investment. By undertsting and applying Ridley stock market strength indicators, traders can identify Ridley entry and exit signals to maximize returns

Ridley Technical and Predictive Indicators

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

Additional Tools for Ridley Stock Analysis

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