Rio Tinto Adr Stock Price on May 12, 2024
| RIO Stock | USD 71.29 0.93 1.29% |
Below is the normalized historical share price chart for Rio Tinto ADR extending back to June 28, 1990. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Rio Tinto stands at 71.29, as last reported on the 23rd of May, with the highest price reaching 73.07 and the lowest price hitting 71.29 during the day.
If you're considering investing in Rio Stock, it is important to understand the factors that can impact its price. Rio Tinto appears to be very steady, given 3 months investment horizon. Rio Tinto ADR maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rio Tinto ADR, which you can use to evaluate the volatility of the company. Please evaluate Rio Tinto's Coefficient Of Variation of 645.15, semi deviation of 1.09, and Risk Adjusted Performance of 0.0949 to confirm if our risk estimates are consistent with your expectations.
At this time, Rio Tinto's Total Stockholder Equity is very stable compared to the past year. As of the 23rd of May 2024, Common Stock Total Equity is likely to grow to about 4.8 B, while Liabilities And Stockholders Equity is likely to drop about 59.2 B. . At this time, Rio Tinto's Price To Sales Ratio is very stable compared to the past year. As of the 23rd of May 2024, Price To Free Cash Flows Ratio is likely to grow to 15.70, while Price Earnings Ratio is likely to drop 11.40. Rio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of June 1990 | 200 Day MA 66.3123 | 50 Day MA 66.6928 | Beta 0.632 |
Rio |
Sharpe Ratio = 0.1568
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Estimated Market Risk
| 1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Rio Tinto is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Rio Tinto by adding it to a well-diversified portfolio.
Price Book 1.9629 | Enterprise Value Ebitda 5.4157 | Price Sales 1.9827 | Shares Float 1.4 B | Dividend Share 4.349 |
Rio Tinto Main Headline on 10th of May 2024
Pilbara killer stopped by macrobusiness.com.au
The most advanced iron ore project in west Africa has been put on hold once more by Guineas temporary military administration, giving Australia and Brazil more sway over the seaborne market into China and northeast Asia. The government believes that partners Rio Tinto, an Australian mining company, and SMB-Winning, a Chinese company, have missed a
Rio Tinto Valuation on May 12, 2024
It is possible to determine the worth of Rio Tinto on a given historical date. On May 12, 2024 Rio was worth 70.5 at the beginning of the trading date compared to the closed value of 69.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rio Tinto stock. Still, in general, we apply an absolute valuation method to find Rio Tinto's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Rio Tinto where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rio Tinto's related companies.
| Open | High | Low | Close | Volume | |
| 69.62 | 70.14 | 69.52 | 70.00 | 2,213,961 | |
05/10/2024 | 70.50 | 70.57 | 69.77 | 69.80 | 2,140,011 |
| 69.75 | 70.12 | 69.75 | 69.84 | 1,725,413 |
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Rio Tinto Trading Date Momentum on May 12, 2024
| On May 13 2024 Rio Tinto ADR was traded for 69.84 at the closing time. Highest Rio Tinto's price during the trading hours was 70.12 and the lowest price during the day was 69.75 . The net volume was 1.7 M. The overall trading history on the 13th of May 2024 contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 0.06% . The trading delta at closing time to current price is 5.04% . |
Rio Tinto ADR Fundamentals Correlations and Trends
By evaluating Rio Tinto's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Rio Tinto's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rio financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rio Tinto Stock history
Rio Tinto investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Rio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rio Tinto ADR will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Rio Tinto stock prices may prove useful in developing a viable investing in Rio Tinto
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.6 B | 2.2 B | |
| Net Income Applicable To Common Shares | 14.3 B | 7.3 B |
Rio Tinto Quarterly Net Working Capital |
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Rio Tinto Stock Technical Analysis
Rio Tinto 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.
Price Boundaries
Rio Tinto Period Price Range
Low | May 10, 2024
| High |
70.50 | 69.80 |
Rio Tinto May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Rio Tinto stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rio Tinto shares will generate the highest return on investment. By undertsting and applying Rio Tinto stock market strength indicators, traders can identify Rio Tinto ADR entry and exit signals to maximize returns
| Accumulation Distribution | 24259.73 | |||
| Daily Balance Of Power | (0.88) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 70.17 | |||
| Day Typical Price | 70.05 | |||
| Price Action Indicator | (0.72) | |||
| Period Momentum Indicator | 1.49 |
Rio Tinto Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rio Tinto's price direction in advance. Along with the technical and fundamental analysis of Rio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rio to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0949 | |||
| Jensen Alpha | 0.1255 | |||
| Total Risk Alpha | 0.0394 | |||
| Sortino Ratio | 0.103 | |||
| Treynor Ratio | 0.1844 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rio Tinto ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Rio Stock analysis
When running Rio Tinto's price analysis, check to measure Rio Tinto'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 Rio Tinto is operating at the current time. Most of Rio Tinto's value examination focuses on studying past and present price action to predict the probability of Rio Tinto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rio Tinto's price. Additionally, you may evaluate how the addition of Rio Tinto to your portfolios can decrease your overall portfolio volatility.
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Is Rio Tinto'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 Rio Tinto. If investors know Rio 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 Rio Tinto 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 0.431 | Dividend Share 4.349 | Earnings Share 6.16 | Revenue Per Share 33.33 | Quarterly Revenue Growth 0.062 |
The market value of Rio Tinto ADR is measured differently than its book value, which is the value of Rio that is recorded on the company's balance sheet. Investors also form their own opinion of Rio Tinto's value that differs from its market value or its book value, called intrinsic value, which is Rio Tinto'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 Rio Tinto's market value can be influenced by many factors that don't directly affect Rio Tinto'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 Rio Tinto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rio Tinto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rio Tinto'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.