We analyze noise-free headlines and recent hype associated with Rio Tinto Plc which may create opportunities for some arbitrage if properly timed. With Rio Tinto hype-based prediction module you can estimate the value of Rio Tinto Plc from the prospective of Rio Tinto response to recently generated media hype and the effects of current headlines on its competitors. The module also provides analysis of price elasticity to changes in media outlook on Rio Tinto over a specific investment horizon. Additionally take a look at Rio Tinto Basic Forecasting Models to cross-verify your projections.
On 25 of August Rio Tinto Plc is traded for 47.98. The entity has historical hype elasticity of -0.39 and average elasticity to hype of competition of -0.02. Rio Tinto Plc is estimated to decline in value after the next headline with price expected to drop to 47.59. The average volatility of media hype impact on the company stock price is about 227.14%. The price depreciation on the next news is expected to be -0.81% where as daily expected return is at this time at -0.56%. The volatility of related hype on Rio Tinto is about 4622.09% with expected price after next announcement by competition of 47.96. The book value of the company was at this time reported as 24.19. The company recorded earning per share (EPS) of 7.97. Rio Tinto Plc last dividend was issued on 2019-08-08. The entity had 4:1 split on 2010-04-30. Considering 30-days investment horizon, the next estimated press release will be in about 6 days. Additionally take a look at Rio Tinto Basic Forecasting Models to cross-verify your projections.