Riverside Resources Stock Buy Hold or Sell Recommendation
| RRI Stock | CAD 0.14 0.00 0.00% |
Assuming the 90 days horizon and your below-average risk tolerance, our recommendation regarding Riverside Resources is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Riverside Resources given historical horizon and risk tolerance towards Riverside Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for Riverside Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Riverside Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Riverside and provide practical buy, sell, or hold advice based on investors' constraints. Riverside Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Riverside |
Execute Riverside Resources Buy or Sell Advice
The Riverside recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Riverside Resources. Macroaxis does not own or have any residual interests in Riverside Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Riverside Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Riverside Resources Trading Alerts and Improvement Suggestions
| Riverside Resources has some characteristics of a very speculative penny stock | |
| Riverside Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (395.19 K) with loss before overhead, payroll, taxes, and interest of (4.66 K). | |
| Riverside Resources has accumulated about 5.24 M in cash with (592.78 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. |
Riverside Resources Returns Distribution Density
The distribution of Riverside Resources' historical returns is an attempt to chart the uncertainty of Riverside Resources' future price movements. The chart of the probability distribution of Riverside Resources daily returns describes the distribution of returns around its average expected value. We use Riverside Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Riverside Resources returns is essential to provide solid investment advice for Riverside Resources.
| Mean Return | -0.06 | Value At Risk | -6.67 | Potential Upside | 7.14 | Standard Deviation | 2.87 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Riverside Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Riverside Resources Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.1M | 1.4M | 950.8K | 307.7K | 353.9K | 358.3K | |
| Free Cash Flow | (2.1M) | (1.7M) | (2.1M) | (2.1M) | (1.9M) | (2.0M) | |
| Depreciation | 59.0K | 75.9K | 63.2K | 54.8K | 63.0K | 43.5K | |
| Other Non Cash Items | (68.6K) | (129.6K) | (309.3K) | (159.1K) | (143.2K) | (136.0K) | |
| Capital Expenditures | 1.2M | 793.0K | 1.0M | 1.5M | 1.8M | 1.2M | |
| Net Income | 2.6M | 734.1K | (207.6K) | (395.2K) | (454.5K) | (477.2K) | |
| End Period Cash Flow | 4.6M | 6.0M | 6.9M | 7.2M | 8.3M | 8.7M | |
| Investments | 2.0M | 1.8M | 1.5M | (546.1K) | (491.5K) | (466.9K) | |
| Change To Netincome | (765.5K) | (3.5M) | (2.0M) | (340.1K) | (306.1K) | (321.4K) |
Riverside Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Riverside Resources or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Riverside Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Riverside stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 0.53 | |
σ | Overall volatility | 2.84 | |
Ir | Information ratio | -0.07 |
Riverside Resources Volatility Alert
Riverside Resources exhibits very low volatility with skewness of 0.11 and kurtosis of 3.41. Riverside Resources is a potential penny stock. Although Riverside Resources may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Riverside Resources. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Riverside instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Riverside Resources Fundamentals Vs Peers
Comparing Riverside Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Riverside Resources' direct or indirect competition across all of the common fundamentals between Riverside Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Riverside Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Riverside Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Riverside Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Riverside Resources to competition |
| Fundamentals | Riverside Resources | Peer Average |
| Return On Equity | -0.0708 | -0.31 |
| Return On Asset | -0.1 | -0.14 |
| Current Valuation | 3.65 M | 16.62 B |
| Shares Outstanding | 74.78 M | 571.82 M |
| Shares Owned By Insiders | 5.15 % | 10.09 % |
| Number Of Shares Shorted | 5.5 K | 4.71 M |
| Price To Earning | 110.00 X | 28.72 X |
| Price To Book | 0.79 X | 9.51 X |
| Gross Profit | (4.66 K) | 27.38 B |
| EBITDA | (1.17 M) | 3.9 B |
| Net Income | (395.19 K) | 570.98 M |
| Cash And Equivalents | 5.24 M | 2.7 B |
| Cash Per Share | 0.08 X | 5.01 X |
| Total Debt | 1.76 M | 5.32 B |
| Current Ratio | 55.41 X | 2.16 X |
| Book Value Per Share | 0.17 X | 1.93 K |
| Cash Flow From Operations | (592.78 K) | 971.22 M |
| Short Ratio | 0.02 X | 4.00 X |
| Earnings Per Share | (0.02) X | 3.12 X |
| Beta | 1.57 | -0.15 |
| Market Capitalization | 10.47 M | 19.03 B |
| Total Asset | 15.32 M | 29.47 B |
| Retained Earnings | (16.47 M) | 9.33 B |
| Working Capital | 6.12 M | 1.48 B |
| Net Asset | 15.32 M |
Riverside Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Riverside . With many 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.
About Riverside Resources Buy or Sell Advice
When is the right time to buy or sell Riverside Resources? Buying financial instruments such as Riverside Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Riverside Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Riverside Stock Analysis
When running Riverside Resources' price analysis, check to measure Riverside Resources' 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 Riverside Resources is operating at the current time. Most of Riverside Resources' value examination focuses on studying past and present price action to predict the probability of Riverside Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riverside Resources' price. Additionally, you may evaluate how the addition of Riverside Resources to your portfolios can decrease your overall portfolio volatility.