Ritchie Bros Stock Forecast - Accumulation Distribution
| RBA Stock | CAD 100.80 0.83 0.83% |
Ritchie Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ritchie Bros stock prices and determine the direction of Ritchie Bros Auctioneers's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Ritchie Bros' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Ritchie Bros' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Ritchie Bros' systematic risk associated with finding meaningful patterns of Ritchie Bros fundamentals over time.
Check out Historical Fundamental Analysis of Ritchie Bros to cross-verify your projections. Ritchie |
Most investors in Ritchie Bros cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Ritchie Bros' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Ritchie Bros' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Ritchie Bros is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Ritchie Bros Auctioneers to determine if accumulation or reduction is taking place in the market. This value is adjusted by Ritchie Bros trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 26154.59 | 3252.35 |
| Check Ritchie Bros Volatility | Backtest Ritchie Bros | Trend Details |
Ritchie Bros Trading Date Momentum
| On March 04 2024 Ritchie Bros Auctioneers was traded for 103.38 at the closing time. The maximum traded price for the trading interval was 104.16 and the lowest daily price was 102.42 . The daily volume was recorded at 143.6 K. The volume of trading on 4th of March 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.59% . The trading delta at closing time to the closing price today is 0.06% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Ritchie Bros
For every potential investor in Ritchie, whether a beginner or expert, Ritchie Bros' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ritchie Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ritchie. Basic forecasting techniques help filter out the noise by identifying Ritchie Bros' price trends.Ritchie Bros Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ritchie Bros stock to make a market-neutral strategy. Peer analysis of Ritchie Bros could also be used in its relative valuation, which is a method of valuing Ritchie Bros by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ritchie Bros Auctioneers Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ritchie Bros' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Ritchie Bros' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Ritchie Bros Market Strength Events
Market strength indicators help investors to evaluate how Ritchie Bros stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ritchie Bros shares will generate the highest return on investment. By undertsting and applying Ritchie Bros stock market strength indicators, traders can identify Ritchie Bros Auctioneers entry and exit signals to maximize returns.
Ritchie Bros Risk Indicators
The analysis of Ritchie Bros' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ritchie Bros' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ritchie stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.9591 | |||
| Semi Deviation | 0.5423 | |||
| Standard Deviation | 1.81 | |||
| Variance | 3.29 | |||
| Downside Variance | 0.8292 | |||
| Semi Variance | 0.2941 | |||
| Expected Short fall | (1.13) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 Ritchie Bros 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, Ritchie Bros' short interest history, or implied volatility extrapolated from Ritchie Bros options trading.
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Check out Historical Fundamental Analysis of Ritchie Bros to cross-verify your projections. Note that the Ritchie Bros Auctioneers information on this page should be used as a complementary analysis to other Ritchie Bros' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Ritchie Stock analysis
When running Ritchie Bros' price analysis, check to measure Ritchie Bros' 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 Ritchie Bros is operating at the current time. Most of Ritchie Bros' value examination focuses on studying past and present price action to predict the probability of Ritchie Bros' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ritchie Bros' price. Additionally, you may evaluate how the addition of Ritchie Bros to your portfolios can decrease your overall portfolio volatility.
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