Spruce Competitors

OTC Stocks . USA . 
Stock . Spruce Ridge Resources
SRCGF Stock  USD 0.07  0.01  15.12%   
Spruce Ridge Resources competes with Triumph Gold, Stallion Discoveries, and Fox River; as well as few others. The company classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. Analyzing Spruce Ridge competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Spruce Ridge to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Spruce Ridge Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Spruce Ridge competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
0.000.079.68
Details
Intrinsic
Valuation
LowRealHigh
0.000.059.66
Details
Naive
Forecast
LowNextHigh
00.079.68
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.050.060.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Spruce Ridge. Your research has to be compared to or analyzed against Spruce Ridge's peers to derive any actionable benefits. When done correctly, Spruce Ridge's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Spruce Ridge Resources.

Spruce Ridge Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Spruce Ridge and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of Spruce and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Spruce Ridge Resources does not affect the price movement of the other competitor.

High positive correlations

TRBMF
+ 0.75
WLFFF
SXOOF
+ 0.52
DAUGF
TRBMF
+ 0.5
STLNF
STLNF
+ 0.48
WLFFF
SXOOF
+ 0.47
STLNF
PUBC
+ 0.45
TRBMF
  

High negative correlations

SXOOF
- 0.69
FXRVF
SXOOF
- 0.54
TIGCF
FXRVF
- 0.52
STLNF
STLNF
- 0.52
TIGCF
FXRVF
- 0.49
WLFFF
TRBMF
- 0.45
BNTRF

Risk-Adjusted Indicators

There is a big difference between Spruce OTC Stock performing well and Spruce Ridge OTC Stock doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Spruce Ridge's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
BNTRF  14.68  2.77  0.11 (3.74) 14.54 
(23.59)
 55.33 
(30.62)
 102.39 
TIGCF  5.98  0.95  0.16  0.32  5.27 
(9.46)
 15.79 
(10.64)
 43.97 
WLFFF  9.63  1.86  0.07 (107.72) 11.58 
(41.61)
 33.78 
(16.07)
 145.18 
STLNF  4.07 (0.16) 0.00 (0.03) 0.00 
 0.00 
 11.11 
(6.90)
 45.85 
TRBMF  4.13 (0.42) 0.00  0.68  0.00 
 0.00 
 10.14 
(9.21)
 25.76 
DAUGF  1.79 (0.17) 0.00 (0.22) 0.00 
 0.00 
 2.89 
(5.00)
 57.92 
NICOF  593.88  321.62  0.00 (1.08) 0.00 
 0.00 
 9.09 
 0.00 
 19,957 
PUBC  9.07  0.04  0.00  0.05  0.00 
 0.00 
 27.78 
(25.93)
 87.73 
FXRVF  0.50  0.09  0.00  0.47  0.00 
 0.00 
 0.00 
 0.00 
 16.67 
SXOOF  4.33  0.02 (0.01)(0.08) 4.64 
(6.52)
 12.77 
(8.70)
 31.36 
All Fundamental Data

Spruce Ridge Competitive Analysis

The better you understand Spruce Ridge competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Spruce Ridge's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Spruce Ridge's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
SRCGF BNTRF TIGCF WLFFF STLNF TRBMF DAUGF NICOF PUBC FXRVF
 15.12 
 0.07 
Spruce
 5.41 
 0.07 
Benton
 2.44 
 0.40 
Triumph
 65.50 
 0.1 
Wolfden
 3.57 
 0.27 
Stallion
 5.71 
 0.07 
Torq
 0.00 
 0.04 
Desert
 18.03 
 0.05 
NICO
 13.79 
 0.03 
PureBase
 0.00 
 0.35 
Fox
Market Volatility
(90 Days Market Risk)
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Abnormally volatile
Market Performance
(90 Days Performance)
Soft
Fair
Fair
Mild
Weakest
Weakest
Weakest
Soft
Weakest
Soft
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Small
Strong
High
Risky
Risky
Low
Risky
High
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Current Ratio
46.62
5.57
0.03
97.78
N/A
3.04
1.21
24.5
0.37
1.83
Net Asset
34.13 M
14.31 M
3.92 M
3.3 M
10.09 M
3.99 M
1.51 M
16.46 M
774.54 K
2.48 M
Profit Margin
168.75
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
EBITDA
(1.29 M)
(1.19 M)
(5.02 M)
(5.06 M)
(959.9 K)
(6.38 M)
(4.34 M)
(1.77 M)
(8.22 M)
(1.47 M)
Operating Margin
-45.3
N/A
N/A
N/A
N/A
N/A
N/A
-15.11
-75.35
N/A
Current Valuation
(4.35 M)
12.81 M
2.58 M
20.11 M
N/A
38.64 M
7.69 M
37.15 M
37.48 M
6.54 M
Price To Book
0.18
1.51
2.68
29.93
N/A
4.24
70.87
4.07
N/A
47.25
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
(30.5 M)
N/A
N/A
N/A
Current Asset
N/A
N/A
N/A
N/A
N/A
N/A
2.64 M
N/A
N/A
N/A
Beta
2.06
1.52
1.53
0.58
N/A
0.34
1.34
N/A
-1.3
1.15
Number Of Employees
7
4
14
14
N/A
16
12
5
3
2
Shares Outstanding
180.21 M
149.87 M
42.46 M
164.82 M
N/A
99.69 M
195.47 M
91 M
230.75 M
52.41 M
Cash Flow From Operations
(1.28 M)
(867.21 K)
(4.06 M)
(4.36 M)
(672.33 K)
(5.79 M)
(4 M)
(981.71 K)
(823.56 K)
(508.82 K)
Total Debt
60 K
171.35 K
573.62 K
N/A
N/A
N/A
N/A
322.57 K
579.77 K
N/A
Return On Equity
0.32
-0.19
-0.77
-0.93
N/A
-1.01
-18.65
-0.72
N/A
-2.0
Z Score
79.2
36.6
5.1
-3.3
N/A
-3.3
-33.4
74.4
-14.4
N/A
Return On Asset
-0.0532
-0.0528
-0.31
-0.89
N/A
-0.54
-2.92
-0.0591
-22.8
-1.12
Book Value Per Share
0.12
0.093
0.11
0.012
N/A
0.15
-0.001
0.17
-0.001
0.003
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
545 K
N/A
N/A
N/A
Total Asset
34.13 M
14.31 M
3.92 M
3.3 M
10.09 M
3.99 M
1.51 M
16.46 M
774.54 K
2.48 M
Debt To Equity
0.002
0.013
0.34
N/A
N/A
N/A
1.25
0.02
N/A
N/A
Shares Owned By Institutions
N/A
N/A
2.9
17.44
N/A
0.35
7.85
N/A
N/A
6.83
Market Capitalization
7.96 M
10.49 M
8.27 M
25.55 M
N/A
46.05 M
8.41 M
40.04 M
18.46 M
10.13 M
Price To Earning
0.09
1.74
N/A
-21.97
N/A
N/A
-6.48
N/A
-14.96
37.48
Price To Sales
186.06
N/A
N/A
N/A
N/A
N/A
N/A
668.21
84.64
N/A
Net Income
23.21 M
(6.14 M)
(5.15 M)
(4.63 M)
(614.74 K)
(6.48 M)
(4.18 M)
(6.87 M)
(8.31 M)
(1.43 M)
Earnings Per Share
0.04
-0.037
-0.025
-0.019
N/A
-0.077
-0.025
N/A
-0.09
-0.034
Shares Owned By Insiders
26.2
28.76
15.13
27.13
N/A
29.79
4.85
56.05
85.8
19.53
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
66.19 K
369.45 K
N/A
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
2.1 M
N/A
N/A
N/A
Cash And Equivalents
9.79 M
2.04 M
14.63 K
2.29 M
N/A
2.2 M
428.01 K
10.11 M
11.78 K
283.87 K
Cash Per Share
0.05
0.01
N/A
0.01
N/A
0.03
N/A
0.11
N/A
N/A
Gross Profit
(8.41 K)
N/A
(6.5 K)
N/A
N/A
(292.6 K)
N/A
66.19 K
369.45 K
N/A
Day Typical Price
0.0625
0.07
0.4
0.091
0.28
0.066
0.043
0.05
0.025
0.35
Accumulation Distribution
0.2
N/A
0.0244
0.25
0.1
N/A
N/A
N/A
N/A
N/A
Market Facilitation Index
0.0136
N/A
0.01
0.0248
0.03
N/A
N/A
N/A
N/A
N/A
Daily Balance Of Power
0.6471
(9,223,372,036,855)
(1.00)
1.584677
(0.33)
(9,223,372,036,855)
0.0
(9,223,372,036,855)
(9,223,372,036,855)
0.0
Period Momentum Indicator
0.0088
(0)
(0.01)
0.0393
(0.01)
(0)
N/A
(0.01)
(0)
N/A
Rate Of Daily Change
1.15
0.95
0.98
1.66
0.96
0.94
1.0
0.82
0.86
1.0
Day Median Price
0.0602
0.07
0.41
0.0869
0.29
0.066
0.043
0.05
0.025
0.35
Price Action Indicator
0.0112
(0)
(0.01)
0.0321
(0.02)
(0)
N/A
(0.01)
(0)
N/A
Coefficient Of Variation
1597.12
813.53
679.0
1178.38
(21,051)
(1,276)
(4,789)
810.94
(17,997)
2049.0
Mean Deviation
6.71
14.68
5.98
9.63
4.07
4.13
1.79
593.88
9.07
0.5016
Jensen Alpha
0.4546
2.77
0.954
1.86
(0.16)
(0.42)
(0.17)
321.62
0.0408
0.0891
Total Risk Alpha
(0.36)
0.5028
0.3877
(0.34)
(0.78)
(1.05)
(0.68)
57.5
(1.56)
(0.13)
Sortino Ratio
0.0594
0.1125
0.1568
0.0734
N/A
N/A
N/A
N/A
N/A
N/A
Downside Variance
75.65
554.58
54.19
596.37
N/A
N/A
N/A
N/A
N/A
N/A
Standard Deviation
9.53
22.21
8.38
22.08
7.38
5.86
5.53
2449.49
14.75
2.35
Kurtosis
2.45
1.93
2.83
10.38
11.44
1.21
22.59
66.0
2.21
42.2
Potential Upside
14.72
55.33
15.79
33.78
11.11
10.14
2.89
9.09
27.78
N/A
Treynor Ratio
0.3119
(3.74)
0.3179
(107.72)
(0.03)
0.6803
(0.22)
(1.08)
0.0487
0.4684
Maximum Drawdown
51.26
102.39
43.97
145.18
45.85
25.76
57.92
19957.14
87.73
16.67
Variance
90.84
493.36
70.27
487.38
54.45
34.39
30.59
5999988.78
217.63
5.53
Market Risk Adjusted Performance
0.3219
(3.73)
0.3279
(107.71)
(0.02)
0.6903
(0.21)
(1.07)
0.0587
0.4784
Risk Adjusted Performance
0.0533
0.0962
0.1128
0.0694
0.0057
(0.05)
(0.01)
0.0968
0.0056
0.0413
Skewness
0.8459
0.9987
1.21
2.13
0.7008
0.4591
0.3174
8.12
0.4298
4.58
Semi Deviation
7.27
14.54
5.27
11.58
N/A
N/A
N/A
N/A
N/A
N/A
Information Ratio
0.0542
0.1193
0.1377
0.0812
(0.02)
(0.09)
(0.04)
0.1233
(0.01)
0.0147
Value At Risk
(13.65)
(30.62)
(10.64)
(16.07)
(6.90)
(9.21)
(5.00)
N/A
(25.93)
N/A
Expected Short fall
(8.45)
(23.59)
(9.46)
(41.61)
N/A
N/A
N/A
N/A
N/A
N/A
Downside Deviation
8.7
23.55
7.36
24.42
N/A
N/A
N/A
N/A
N/A
N/A
Semi Variance
52.91
211.49
27.81
134.11
N/A
N/A
N/A
N/A
N/A
N/A

Spruce Ridge Competition Performance Charts

Five steps to successful analysis of Spruce Ridge Competition

Spruce Ridge's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Spruce Ridge Resources in relation to its competition. Spruce Ridge's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Spruce Ridge in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Spruce Ridge's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Spruce Ridge Resources, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Solid stocks, funds or ETFs with below average market capitalization and typicl daily price below 2. The Penny theme has 30 constituents at this time.
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Other Information on Investing in Spruce OTC Stock

Spruce Ridge financial ratios help investors to determine whether Spruce OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Spruce with respect to the benefits of owning Spruce Ridge security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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