Rh Stock Technical Analysis

RH Stock  USD 243.27  8.25  3.28%   
As of the 16th of April 2024, RH holds the Market Risk Adjusted Performance of (0.01), variance of 15.05, and Coefficient Of Variation of (7,396). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of RH, 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 have analyze and collected data for thirteen technical drivers for RH, which can be compared to its competitors. Please check RH mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if RH is priced some-what accurately, providing market reflects its current price of 243.27 per share. Given that RH has information ratio of (0.03), we recommend you to check out RH's recent market performance to make sure the company can sustain itself at a future point.

RH Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as RH, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RH
  
RH'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.

RH Analyst Consensus

Target PriceAdvice# of Analysts
344.53Buy21Odds
RH current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most RH 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 RH stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of RH, talking to its executives and customers, or listening to RH conference calls.
RH Analyst Advice Details
RH 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 RH technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of RH 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...

RH Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. 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 RH volatility. High ATR values indicate high volatility, and low values indicate low volatility.

RH Trend Analysis

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

RH Best Fit Change Line

The following chart estimates an ordinary least squares regression model for RH applied against its price change over selected period. The best fit line has a slop of   0.49  , which suggests that RH will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 8934.31, which is the sum of squared deviations for the predicted RH price change compared to its average price change.

About RH 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 RH 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 RH based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on RH price pattern first instead of the macroeconomic environment surrounding RH. By analyzing RH'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 RH'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 RH specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2020 2024 (projected)
Dividend Yield0.0017750.03176.13E-4
Price To Sales Ratio1.411.681.85

RH April 16, 2024 Technical Indicators

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

RH April 16, 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 RH 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 RH offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RH'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 Rh Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rh Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RH. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in RH Stock please use our How to Invest in RH guide.
Note that the RH information on this page should be used as a complementary analysis to other RH'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for RH Stock analysis

When running RH's price analysis, check to measure RH'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 RH is operating at the current time. Most of RH's value examination focuses on studying past and present price action to predict the probability of RH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RH's price. Additionally, you may evaluate how the addition of RH to your portfolios can decrease your overall portfolio volatility.
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Is RH'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 RH. If investors know RH 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 RH 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
(0.86)
Earnings Share
5.91
Revenue Per Share
152.366
Quarterly Revenue Growth
(0.04)
Return On Assets
0.051
The market value of RH is measured differently than its book value, which is the value of RH that is recorded on the company's balance sheet. Investors also form their own opinion of RH's value that differs from its market value or its book value, called intrinsic value, which is RH'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 RH's market value can be influenced by many factors that don't directly affect RH'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 RH's value and its price as these two are different measures arrived at by different means. Investors typically determine if RH is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RH'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.