Ryder System Stock Market Value
| R Stock | USD 108.71 1.54 1.44% |
| Symbol | Ryder |
Ryder System Price To Book Ratio
Is Ryder System's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ryder System. If investors know Ryder will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ryder System listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Dividend Share 2.66 | Earnings Share 8.74 | Revenue Per Share 259.635 | Quarterly Revenue Growth (0.02) |
The market value of Ryder System is measured differently than its book value, which is the value of Ryder that is recorded on the company's balance sheet. Investors also form their own opinion of Ryder System's value that differs from its market value or its book value, called intrinsic value, which is Ryder System's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ryder System's market value can be influenced by many factors that don't directly affect Ryder System's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ryder System's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ryder System is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryder System's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Ryder System 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ryder System's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ryder System.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Ryder System on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Ryder System or generate 0.0% return on investment in Ryder System over 30 days. Ryder System is related to or competes with Hertz Global, HE Equipment, United Rentals, Herc Holdings, Air Lease, Aarons, and GATX. Ryder System, Inc. operates as a logistics and transportation company worldwide More
Ryder System Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ryder System's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ryder System upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.6 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 1.93 |
Ryder System Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ryder System's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ryder System's standard deviation. In reality, there are many statistical measures that can use Ryder System historical prices to predict the future Ryder System's volatility.| Risk Adjusted Performance | (0.0009) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ryder System's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ryder System Backtested Returns
Ryder System maintains Sharpe Ratio (i.e., Efficiency) of -0.0559, which implies the firm had a -0.0559% return per unit of risk over the last 3 months. Ryder System exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ryder System's Coefficient Of Variation of (8,810), risk adjusted performance of (0.0009), and Variance of 2.52 to confirm the risk estimate we provide. The company holds a Beta of 1.08, which implies a somewhat significant risk relative to the market. Ryder System returns are very sensitive to returns on the market. As the market goes up or down, Ryder System is expected to follow. Ryder System has an expected return of -0.0887%. Please make sure to check Ryder System coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to decide if Ryder System performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.61 |
Very good reverse predictability
Ryder System has very good reverse predictability. Overlapping area represents the amount of predictability between Ryder System time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ryder System price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Ryder System price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 18.09 |
Ryder System lagged returns against current returns
Autocorrelation, which is Ryder System stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ryder System's stock expected returns. We can calculate the autocorrelation of Ryder System returns to help us make a trade decision. For example, suppose you find that Ryder System has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Ryder System regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ryder System stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ryder System stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ryder System stock over time.
Current vs Lagged Prices |
| Timeline |
Ryder System Lagged Returns
When evaluating Ryder System's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ryder System stock have on its future price. Ryder System autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ryder System autocorrelation shows the relationship between Ryder System stock current value and its past values and can show if there is a momentum factor associated with investing in Ryder System.
Regressed Prices |
| Timeline |
Ryder System Investors Sentiment
The influence of Ryder System's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ryder. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Ryder System's public news can be used to forecast risks associated with an investment in Ryder. The trend in average sentiment can be used to explain how an investor holding Ryder can time the market purely based on public headlines and social activities around Ryder System. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ryder System's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ryder System's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ryder System's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ryder System.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ryder System in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ryder System's short interest history, or implied volatility extrapolated from Ryder System options trading.
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When determining whether Ryder System is a strong investment it is important to analyze Ryder System's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ryder System's future performance. For an informed investment choice regarding Ryder Stock, refer to the following important reports:Check out Ryder System Correlation, Ryder System Volatility and Ryder System Alpha and Beta module to complement your research on Ryder System. To learn how to invest in Ryder Stock, please use our How to Invest in Ryder System guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Ryder Stock analysis
When running Ryder System's price analysis, check to measure Ryder System'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 Ryder System is operating at the current time. Most of Ryder System's value examination focuses on studying past and present price action to predict the probability of Ryder System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryder System's price. Additionally, you may evaluate how the addition of Ryder System to your portfolios can decrease your overall portfolio volatility.
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Ryder System 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.