Ryder Stock Technical Analysis

R
 Stock
  

USD 93.00  0.76  0.82%   

As of the 29th of November, Ryder System holds the Coefficient Of Variation of 1127.47, risk adjusted performance of 0.127, and Semi Deviation of 2.23. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ryder System, 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 were able to interpolate data for nineteen technical drivers for Ryder System, which can be compared to its competitors. Please check Ryder System semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Ryder System is priced some-what accurately, providing market reflects its current price of 93.0 per share. Given that Ryder System has jensen alpha of 0.2014, we recommend you to check out Ryder System's recent market performance to make sure the company can sustain itself at a future point.
  

Ryder System Momentum Analysis

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

Ryder System Analyst Consensus

Target PriceAdvice# of Analysts
91.43Hold7Odds
Ryder System current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Ryder 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 Ryder stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ryder System, talking to its executives and customers, or listening to Ryder conference calls.
Ryder Analyst Advice Details
Ryder System 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 Ryder System technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ryder System 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...

Ryder System Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Ryder System volatility developed by Welles Wilder.
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Ryder System Trend Analysis

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

Ryder System Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ryder System applied against its price change over selected period. The best fit line has a slop of   0.33  , which indicates that Ryder System will continue to generate solid returns. It has 122 observation points and a regression sum of squares at 4034.81, which is the sum of squared deviations for the predicted Ryder System price change compared to its average price change.

About Ryder System 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 Ryder System 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 Ryder System based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ryder System price pattern first instead of the macroeconomic environment surrounding Ryder System. By analyzing Ryder System'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 Ryder System'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 Ryder System specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity2.732.71.881.92
Interest Coverage0.820.54.243.77

Ryder System November 29, 2022 Technical Indicators

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

Ryder System November 29, 2022 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 Ryder 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.
Additionally, take a look at Your Equity Center. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for analysis

When running Ryder System price analysis, check to measure Ryder System'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 Ryder System is operating at the current time. Most of Ryder System's value examination focuses on studying past and present price action to predict the probability of Ryder System's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ryder System's price. Additionally, you may evaluate how the addition of Ryder System to your portfolios can decrease your overall portfolio volatility.
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Is Ryder System'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 Ryder System. If investors know Ryder 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 Ryder System 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 YOY
0.88
Market Capitalization
4.7 B
Quarterly Revenue Growth YOY
0.23
Return On Assets
0.0539
Return On Equity
0.31
The market value of Ryder System is measured differently than its book value, which is the value of Ryder that is recorded on the company's balance sheet. Investors also form their own opinion of Ryder System's value that differs from its market value or its book value, called intrinsic value, which is Ryder System'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 Ryder System's market value can be influenced by many factors that don't directly affect Ryder System'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 Ryder System's value and its price as these two are different measures arrived at by different means. Investors typically determine Ryder System value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryder System'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.