Rio2 Stock Technical Analysis
| RIO Stock | CAD 0.61 0.02 3.17% |
As of the 7th of January, Rio2 holds the Coefficient Of Variation of 13795.46, semi deviation of 2.72, and Risk Adjusted Performance of 0.0133. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rio2, as well as the relationship between them. Please check Rio2 variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Rio2 is priced some-what accurately, providing market reflects its current price of 0.61 per share.
Rio2 Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Rio2, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Rio2Rio2 |
Rio2 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.
Rio2 Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Rio2 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Rio2 Trend Analysis
Use this graph to draw trend lines for Rio2. You can use it to identify possible trend reversals for Rio2 as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Rio2 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Rio2 Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Rio2 applied against its price change over selected period. The best fit line has a slop of 0.0017 , which may suggest that Rio2 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.11, which is the sum of squared deviations for the predicted Rio2 price change compared to its average price change.About Rio2 Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Rio2 on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Rio2 based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Rio2 price pattern first instead of the macroeconomic environment surrounding Rio2. By analyzing Rio2's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Rio2's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Rio2 specific price patterns or momentum indicators. Please read more on our technical analysis page.
Rio2 January 7, 2025 Technical Indicators
Most technical analysis of Rio2 help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Rio2 from various momentum indicators to cycle indicators. When you analyze Rio2 charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0133 | |||
| Market Risk Adjusted Performance | (0.08) | |||
| Mean Deviation | 2.36 | |||
| Semi Deviation | 2.72 | |||
| Downside Deviation | 3.5 | |||
| Coefficient Of Variation | 13795.46 | |||
| Standard Deviation | 3.19 | |||
| Variance | 10.15 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0157 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.09) | |||
| Maximum Drawdown | 15.91 | |||
| Value At Risk | (4.84) | |||
| Potential Upside | 4.92 | |||
| Downside Variance | 12.25 | |||
| Semi Variance | 7.39 | |||
| Expected Short fall | (3.29) | |||
| Skewness | 0.2398 | |||
| Kurtosis | 0.5445 |
Additional Tools for Rio2 Stock Analysis
When running Rio2's price analysis, check to measure Rio2'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 Rio2 is operating at the current time. Most of Rio2's value examination focuses on studying past and present price action to predict the probability of Rio2's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rio2's price. Additionally, you may evaluate how the addition of Rio2 to your portfolios can decrease your overall portfolio volatility.