Rio Tinto (Australia) Price on February 1, 2024

RIO Stock   118.49  0.02  0.02%   
Below is the normalized historical share price chart for Rio Tinto extending back to April 01, 1993. 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 Rio Tinto stands at 118.49, as last reported on the 19th of December, with the highest price reaching 120.40 and the lowest price hitting 118.49 during the day.
200 Day MA
120.4202
50 Day MA
119.0342
Beta
0.617
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Rio Stock, it is important to understand the factors that can impact its price. Currently, Rio Tinto is very steady. Rio Tinto maintains Sharpe Ratio (i.e., Efficiency) of 0.0538, which implies the firm had a 0.0538% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rio Tinto, which you can use to evaluate the volatility of the company. Please check Rio Tinto's Coefficient Of Variation of 1266.65, risk adjusted performance of 0.0679, and Semi Deviation of 1.33 to confirm if the risk estimate we provide is consistent with the expected return of 0.0865%.
  
At this time, Rio Tinto's Common Stock is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 4.7 B in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 89.3 B in 2024. . Rio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0538

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Estimated Market Risk

 1.61
  actual daily
14
86% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Rio Tinto is performing at about 4% 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 Rio Tinto by adding it to a well-diversified portfolio.
Price Book
2.2207
Enterprise Value Ebitda
5.7108
Price Sales
3.5193
Shares Float
1.4 B
Dividend Share
4.349

Rio Tinto Valuation on February 1, 2024

It is possible to determine the worth of Rio Tinto on a given historical date. On February 1, 2024 Rio was worth 124.37 at the beginning of the trading date compared to the closed value of 125.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rio Tinto stock. Still, in general, we apply an absolute valuation method to find Rio Tinto'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 Rio Tinto where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rio Tinto's related companies.
 Open High Low Close Volume
  124.39    125.82    124.03    125.70    1,573,506  
02/01/2024
  124.37    125.25    123.98    125.11    1,126,480  
  126.11    126.56    124.72    124.83    1,545,613  
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Open Value
124.37
119.55
Downside
125.11
Closing Value
129.19
Upside

Rio Tinto Trading Date Momentum on February 1, 2024

On February 02 2024 Rio Tinto was traded for  124.83  at the closing time. The maximum traded price for the trading interval was 126.56  and the lowest daily price was  124.72 . The daily volume was recorded at 1.5 M. The volume of trading on 2nd of February 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.22% . The trading delta at closing time to the closing price today is 2.64% .

Rio Tinto Fundamentals Correlations and Trends

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

About Rio Tinto Stock history

Rio Tinto 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 Rio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rio Tinto 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 Rio Tinto stock prices may prove useful in developing a viable investing in Rio Tinto
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.6 B1.4 B
Net Income Applicable To Common Shares14.3 B7.3 B

Rio Tinto Quarterly Net Working Capital

8.77 Billion

Rio Tinto Stock Technical Analysis

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

Rio Tinto Period Price Range

Low
December 19, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Rio Tinto 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.

Rio Tinto December 19, 2024 Market Strength

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

Rio Tinto Technical and Predictive Indicators

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