Riocan Reit Stock Technical Analysis
RIOCF Stock | USD 13.47 0.13 0.96% |
As of the 29th of March, Riocan REIT holds the Coefficient Of Variation of (8,675), risk adjusted performance of (0.0007), and Variance of 1.71. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Riocan REIT, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down thirteen technical drivers for Riocan REIT, which can be compared to its competitors. Please check Riocan REIT standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Riocan REIT is priced some-what accurately, providing market reflects its current price of 13.65 per share. Given that Riocan REIT has information ratio of (0.11), we recommend you to check out Riocan REIT's recent market performance to make sure the company can sustain itself at a future point.
Riocan REIT Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Riocan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RiocanRiocan |
Riocan REIT technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Riocan REIT Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Riocan REIT volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Riocan REIT Trend Analysis
Use this graph to draw trend lines for Riocan REIT. You can use it to identify possible trend reversals for Riocan REIT 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 Riocan REIT price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Riocan REIT Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Riocan REIT applied against its price change over selected period. The best fit line has a slop of 0.0075 , which may suggest that Riocan REIT market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.13, which is the sum of squared deviations for the predicted Riocan REIT price change compared to its average price change.About Riocan REIT 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 Riocan REIT 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 Riocan REIT based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Riocan REIT price pattern first instead of the macroeconomic environment surrounding Riocan REIT. By analyzing Riocan REIT'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 Riocan REIT'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 Riocan REIT specific price patterns or momentum indicators. Please read more on our technical analysis page.
Riocan REIT March 29, 2024 Technical Indicators
Most technical analysis of Riocan 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 Riocan from various momentum indicators to cycle indicators. When you analyze Riocan 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 | (0.0007) | |||
Market Risk Adjusted Performance | (0.17) | |||
Mean Deviation | 1.01 | |||
Coefficient Of Variation | (8,675) | |||
Standard Deviation | 1.31 | |||
Variance | 1.71 | |||
Information Ratio | (0.11) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.32) | |||
Treynor Ratio | (0.18) | |||
Maximum Drawdown | 5.03 | |||
Value At Risk | (2.31) | |||
Potential Upside | 1.95 | |||
Skewness | (0.15) | |||
Kurtosis | (0.09) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riocan REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Riocan REIT information on this page should be used as a complementary analysis to other Riocan REIT's 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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Riocan Pink Sheet analysis
When running Riocan REIT's price analysis, check to measure Riocan REIT'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 Riocan REIT is operating at the current time. Most of Riocan REIT's value examination focuses on studying past and present price action to predict the probability of Riocan REIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riocan REIT's price. Additionally, you may evaluate how the addition of Riocan REIT to your portfolios can decrease your overall portfolio volatility.
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