Rithm Capital Corp Stock Technical Analysis

RITM Stock  USD 11.12  0.01  0.09%   
As of the 20th of June, Rithm Capital holds the Coefficient Of Variation of 1504.67, semi deviation of 1.0, and Risk Adjusted Performance of 0.0477. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rithm Capital, as well as the relationship between them. Please check Rithm Capital Corp jensen alpha and downside variance to decide if Rithm Capital Corp is priced some-what accurately, providing market reflects its current price of 11.12 per share. Given that Rithm Capital has jensen alpha of 0.0609, we recommend you to check out Rithm Capital Corp's recent market performance to make sure the company can sustain itself at a future point.

Rithm Capital Momentum Analysis

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

Rithm Capital Analyst Consensus

Target PriceAdvice# of Analysts
11.72Strong Buy12Odds
Rithm Capital Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Rithm 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 Rithm stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Rithm Capital Corp, talking to its executives and customers, or listening to Rithm conference calls.
Rithm Analyst Advice Details
Rithm Capital 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 Rithm Capital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rithm Capital 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...

Rithm Capital Corp Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Rithm Capital Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Rithm Capital Corp Trend Analysis

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

Rithm Capital Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Rithm Capital Corp applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Rithm Capital Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.81, which is the sum of squared deviations for the predicted Rithm Capital price change compared to its average price change.

About Rithm Capital 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 Rithm Capital Corp 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 Rithm Capital Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Rithm Capital Corp price pattern first instead of the macroeconomic environment surrounding Rithm Capital Corp. By analyzing Rithm Capital'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 Rithm Capital'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 Rithm Capital specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2021 2022 (projected)
PTB Ratio0.780.730.55
Dividend Yield0.09290.09070.15

Rithm Capital June 20, 2024 Technical Indicators

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

Rithm Capital June 20, 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 Rithm 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.

Additional Information and Resources on Investing in Rithm Stock

When determining whether Rithm Capital Corp is a strong investment it is important to analyze Rithm Capital'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 Rithm Capital's future performance. For an informed investment choice regarding Rithm 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 Rithm Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Asset Management & Custody Banks space 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 Rithm Capital. If investors know Rithm 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 Rithm Capital 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
2.857
Dividend Share
1
Earnings Share
1.5
Revenue Per Share
6.526
Quarterly Revenue Growth
0.666
The market value of Rithm Capital Corp is measured differently than its book value, which is the value of Rithm that is recorded on the company's balance sheet. Investors also form their own opinion of Rithm Capital's value that differs from its market value or its book value, called intrinsic value, which is Rithm Capital'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 Rithm Capital's market value can be influenced by many factors that don't directly affect Rithm Capital'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 Rithm Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rithm Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rithm Capital'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.