R1 Rcm Inc Stock Technical Analysis

RCM Stock  USD 11.84  0.09  0.77%   
As of the 24th of April, R1 RCM owns the market risk adjusted performance of 0.3341, and Standard Deviation of 3.68. In connection with fundamental indicators, the technical analysis model allows you to check timely technical drivers of R1 RCM Inc, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for R1 RCM, which can be compared to its peers in the sector. Please check R1 RCM Inc coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if R1 RCM Inc is priced favorably, providing market reflects its prevailing price of 11.84 per share. Given that R1 RCM Inc has jensen alpha of 0.2215, we recommend you to check out R1 RCM's latest market performance to make sure the company can sustain itself sooner or later.

R1 RCM Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as RCM, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RCM
  
R1 RCM's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

R1 RCM Analyst Consensus

Target PriceAdvice# of Analysts
21.5Strong Buy14Odds
R1 RCM Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most RCM analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand RCM stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of R1 RCM Inc, talking to its executives and customers, or listening to RCM conference calls.
RCM Analyst Advice Details
R1 RCM 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.
A focus of R1 RCM technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of R1 RCM trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

R1 RCM Inc Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 R1 RCM Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

R1 RCM Inc Trend Analysis

Use this graph to draw trend lines for R1 RCM Inc. You can use it to identify possible trend reversals for R1 RCM 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 R1 RCM price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

R1 RCM Best Fit Change Line

The following chart estimates an ordinary least squares regression model for R1 RCM Inc applied against its price change over selected period. The best fit line has a slop of   0.03  , which may imply that R1 RCM Inc will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 39.45, which is the sum of squared deviations for the predicted R1 RCM price change compared to its average price change.

About R1 RCM 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 R1 RCM Inc 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 R1 RCM Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on R1 RCM Inc price pattern first instead of the macroeconomic environment surrounding R1 RCM Inc. By analyzing R1 RCM'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 R1 RCM'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 R1 RCM specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.140.12
Price To Sales Ratio1.961.11

R1 RCM April 24, 2024 Technical Indicators

Most technical analysis of RCM 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 RCM from various momentum indicators to cycle indicators. When you analyze RCM 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.

R1 RCM April 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as RCM stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether R1 RCM Inc is a strong investment it is important to analyze R1 RCM'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 R1 RCM's future performance. For an informed investment choice regarding RCM Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in R1 RCM Inc. 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 R1 RCM Inc information on this page should be used as a complementary analysis to other R1 RCM'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for RCM Stock analysis

When running R1 RCM's price analysis, check to measure R1 RCM'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 R1 RCM is operating at the current time. Most of R1 RCM's value examination focuses on studying past and present price action to predict the probability of R1 RCM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move R1 RCM's price. Additionally, you may evaluate how the addition of R1 RCM to your portfolios can decrease your overall portfolio volatility.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
CEOs Directory
Screen CEOs from public companies around the world
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Commodity Directory
Find actively traded commodities issued by global exchanges
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is R1 RCM'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 R1 RCM. If investors know RCM 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 R1 RCM 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
(0.99)
Earnings Share
0.01
Revenue Per Share
5.385
Quarterly Revenue Growth
0.078
Return On Assets
0.0329
The market value of R1 RCM Inc is measured differently than its book value, which is the value of RCM that is recorded on the company's balance sheet. Investors also form their own opinion of R1 RCM's value that differs from its market value or its book value, called intrinsic value, which is R1 RCM'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 R1 RCM's market value can be influenced by many factors that don't directly affect R1 RCM'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 R1 RCM's value and its price as these two are different measures arrived at by different means. Investors typically determine if R1 RCM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, R1 RCM'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.