RTNTF OTC Stock Market Value

RTNTF
 Stock
  

USD 68.49  1.49  2.13%   

Rio Tinto's market value is the price at which a share of Rio Tinto stock trades on a public exchange. It measures the collective expectations of Rio Tinto investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Rio Tinto and determine expected loss or profit from investing in Rio Tinto over a given investment horizon. Additionally, take a look at Rio Tinto Correlation, Rio Tinto Volatility and Rio Tinto Alpha and Beta module to complement your research on Rio Tinto.
Symbol


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 Rio Tinto value 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.

Rio Tinto 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Rio Tinto's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Rio Tinto.
0.00
01/08/2021
No Change 0.00  0.0 
In 1 year 10 months and 21 days
11/29/2022
0.00
If you would invest  0.00  in Rio Tinto on January 8, 2021 and sell it all today you would earn a total of 0.00 from holding Rio Tinto or generate 0.0% return on investment in Rio Tinto over 690 days. Rio Tinto is related to or competes with Netflix. Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide More

Rio Tinto Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Rio Tinto's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Rio Tinto upside and downside potential and time the market with a certain degree of confidence.

Rio Tinto Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Rio Tinto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rio Tinto's standard deviation. In reality, there are many statistical measures that can use Rio Tinto historical prices to predict the future Rio Tinto's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Rio Tinto's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Rio Tinto in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
65.8968.6771.45
Details
Intrinsic
Valuation
LowReal ValueHigh
52.6955.4775.34
Details
Naive
Forecast
LowNext ValueHigh
67.1969.9672.74
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
56.8165.0673.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Rio Tinto. Your research has to be compared to or analyzed against Rio Tinto's peers to derive any actionable benefits. When done correctly, Rio Tinto's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Rio Tinto.

Rio Tinto Backtested Returns

We consider Rio Tinto very steady. Rio Tinto maintains Sharpe Ratio (i.e., Efficiency) of 0.0382, which implies the firm had 0.0382% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Rio Tinto, which you can use to evaluate the future volatility of the company. Please check Rio Tinto Risk Adjusted Performance of 0.0176, semi deviation of 2.45, and Coefficient Of Variation of 11109.78 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Rio Tinto has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of 0.0296, which implies not very significant fluctuations relative to the market. Let's try to break down what RTNTF's beta means in this case. As returns on the market increase, Rio Tinto returns are expected to increase less than the market. However, during the bear market, the loss on holding Rio Tinto will be expected to be smaller as well. Although it is important to respect Rio Tinto current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Rio Tinto technical indicators, you can presently evaluate if the expected return of 0.11% will be sustainable into the future. Rio Tinto right now holds a risk of 2.8%. Please check Rio Tinto value at risk, as well as the relationship between the skewness and day median price to decide if Rio Tinto will be following its historical price patterns.

Auto-correlation

    
  0.57  

Modest predictability

Rio Tinto has modest predictability. Overlapping area represents the amount of predictability between Rio Tinto time series from 8th of January 2021 to 19th of December 2021 and 19th of December 2021 to 29th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Rio Tinto price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Rio Tinto price fluctuation can be explain by its past prices.
Correlation Coefficient0.57
Spearman Rank Test0.55
Residual Average0.0
Price Variance67.45

Rio Tinto lagged returns against current returns

Autocorrelation, which is Rio Tinto otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Rio Tinto's otc stock expected returns. We can calculate the autocorrelation of Rio Tinto returns to help us make a trade decision. For example, suppose you find that Rio Tinto otc stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Rio Tinto regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Rio Tinto otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rio Tinto otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rio Tinto otc stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Rio Tinto Lagged Returns

When evaluating Rio Tinto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rio Tinto otc stock have on its future price. Rio Tinto autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Rio Tinto autocorrelation shows the relationship between Rio Tinto otc stock current value and its past values and can show if there is a momentum factor associated with investing in Rio Tinto.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Rio Tinto without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Anywhere Now

   

Portfolio Anywhere

Track or share privately all of your investments from the convenience of any device
All  Next Launch Module

Currently Active Assets on Macroaxis

Additionally, take a look at Rio Tinto Correlation, Rio Tinto Volatility and Rio Tinto Alpha and Beta module to complement your research on Rio Tinto. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for analysis

When running Rio Tinto 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 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.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Rio Tinto technical otc 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, otc market cycles, or different charting patterns.
A focus of Rio Tinto technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rio Tinto 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...