RB Global Stock Forecast - Maximum Drawdown
| RBA Stock | USD 73.37 0.13 0.18% |
RBA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast RB Global stock prices and determine the direction of RB Global's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of RB Global's historical fundamentals, such as revenue growth or operating cash flow patterns. Although RB Global's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of RB Global's systematic risk associated with finding meaningful patterns of RB Global fundamentals over time.
Check out Historical Fundamental Analysis of RB Global to cross-verify your projections. RBA |
Open Interest Against 2024-05-17 RBA Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast RB Global's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in RB Global's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for RB Global stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current RB Global's open interest, investors have to compare it to RB Global's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of RB Global is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in RBA. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in RB Global 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 RB Global's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets RB Global's price structures and extracts relationships that further increase the generated results' accuracy.
| Check RB Global Volatility | Backtest RB Global | Information Ratio |
RB Global Trading Date Momentum
| On April 24 2024 RB Global was traded for 73.37 at the closing time. Highest RB Global's price during the trading hours was 73.86 and the lowest price during the day was 72.59 . The net volume was 452.5 K. The overall trading history on the 24th of April did not cause price change. The trading delta at closing time to current price is 0.18% . |
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Other Forecasting Options for RB Global
For every potential investor in RBA, whether a beginner or expert, RB Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. RBA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in RBA. Basic forecasting techniques help filter out the noise by identifying RB Global's price trends.RB Global 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 RB Global stock to make a market-neutral strategy. Peer analysis of RB Global could also be used in its relative valuation, which is a method of valuing RB Global by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
RB Global 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 RB Global's 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 RB Global's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
RB Global Market Strength Events
Market strength indicators help investors to evaluate how RB Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RB Global shares will generate the highest return on investment. By undertsting and applying RB Global stock market strength indicators, traders can identify RB Global entry and exit signals to maximize returns.
RB Global Risk Indicators
The analysis of RB Global's 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 RB Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rba 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 | 1.06 | |||
| Semi Deviation | 0.7768 | |||
| Standard Deviation | 1.88 | |||
| Variance | 3.54 | |||
| Downside Variance | 0.9879 | |||
| Semi Variance | 0.6034 | |||
| Expected Short fall | (1.33) |
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.
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When determining whether RB Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RB Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rb Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rb Global Stock:Check out Historical Fundamental Analysis of RB Global to cross-verify your projections. For information on how to trade RBA Stock refer to our How to Trade RBA Stock guide.Note that the RB Global information on this page should be used as a complementary analysis to other RB Global'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for RBA Stock analysis
When running RB Global's price analysis, check to measure RB Global'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 RB Global is operating at the current time. Most of RB Global's value examination focuses on studying past and present price action to predict the probability of RB Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RB Global's price. Additionally, you may evaluate how the addition of RB Global to your portfolios can decrease your overall portfolio volatility.
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Is RB Global'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 RB Global. If investors know RBA 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 RB Global 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 0.006 | Dividend Share 1.08 | Earnings Share 1.04 | Revenue Per Share 22.038 | Quarterly Revenue Growth 1.345 |
The market value of RB Global is measured differently than its book value, which is the value of RBA that is recorded on the company's balance sheet. Investors also form their own opinion of RB Global's value that differs from its market value or its book value, called intrinsic value, which is RB Global'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 RB Global's market value can be influenced by many factors that don't directly affect RB Global'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 RB Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if RB Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RB Global'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.