Blue Ribbon Income Stock Price on June 24, 2024
| RBN-UN Stock | CAD 8.46 0.05 0.59% |
Below is the normalized historical share price chart for Blue Ribbon Income extending back to September 16, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Blue Ribbon stands at 8.46, as last reported on the 12th of December 2024, with the highest price reaching 8.51 and the lowest price hitting 8.45 during the day.
If you're considering investing in Blue Stock, it is important to understand the factors that can impact its price. At this point, Blue Ribbon is very steady. Blue Ribbon Income secures Sharpe Ratio (or Efficiency) of 0.0385, which signifies that the company had a 0.0385% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Blue Ribbon Income, which you can use to evaluate the volatility of the firm. Please confirm Blue Ribbon's Mean Deviation of 0.5708, downside deviation of 0.9438, and Risk Adjusted Performance of 0.0549 to double-check if the risk estimate we provide is consistent with the expected return of 0.0318%.
At present, Blue Ribbon's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 126.2 M, whereas Total Stockholder Equity is forecasted to decline to about 63.3 M. . At present, Blue Ribbon's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 12.19, whereas Price Book Value Ratio is forecasted to decline to 0.81. Blue Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 8.0849 | 50 Day MA 8.5136 | Beta 1.004 |
Blue |
Sharpe Ratio = 0.0385
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Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Blue Ribbon is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Blue Ribbon by adding it to a well-diversified portfolio.
Price Book 1.0301 | Price Sales 7.3819 | Dividend Share 0.48 | Earnings Share 0.99 | Shares Short 143 |
Blue Ribbon Valuation on June 24, 2024
It is possible to determine the worth of Blue Ribbon on a given historical date. On June 24, 2024 Blue was worth 7.58 at the beginning of the trading date compared to the closed value of 7.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blue Ribbon stock. Still, in general, we apply an absolute valuation method to find Blue Ribbon's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Blue Ribbon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blue Ribbon's related companies.
| Open | High | Low | Close | Volume | |
| 7.62 | 7.71 | 7.62 | 7.65 | 22,383 | |
06/24/2024 | 7.58 | 7.72 | 7.58 | 7.72 | 21,400 |
| 7.72 | 7.72 | 7.72 | 7.72 | 5,800 |
| Backtest Blue Ribbon | | | Blue Ribbon History | | | Blue Ribbon Valuation | Previous | Next |
Blue Ribbon Trading Date Momentum on June 24, 2024
| On June 25 2024 Blue Ribbon Income was traded for 7.72 at the closing time. The highest price during the trading period was 7.72 and the lowest recorded bid was listed for 7.72 . The volume for the day was 5.8 K. This history from June 25, 2024 did not affect price variability. The overall trading delta to the current price is 1.55% . |
Blue Ribbon Income Fundamentals Correlations and Trends
By evaluating Blue Ribbon's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Blue Ribbon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Blue financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Blue Ribbon Stock history
Blue Ribbon investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Blue is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Blue Ribbon Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Blue Ribbon stock prices may prove useful in developing a viable investing in Blue Ribbon
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 9.5 M | 16.4 M | |
| Net Income Applicable To Common Shares | 18.7 M | 19.6 M |
Blue Ribbon Stock Technical Analysis
Blue Ribbon 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.
Price Boundaries
Blue Ribbon Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Blue Ribbon Income cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Blue Ribbon December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Blue Ribbon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blue Ribbon shares will generate the highest return on investment. By undertsting and applying Blue Ribbon stock market strength indicators, traders can identify Blue Ribbon Income entry and exit signals to maximize returns
Blue Ribbon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blue Ribbon's price direction in advance. Along with the technical and fundamental analysis of Blue Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Blue to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0549 | |||
| Jensen Alpha | 0.042 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.6003 |
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Complementary Tools for Blue Stock analysis
When running Blue Ribbon's price analysis, check to measure Blue Ribbon'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 Blue Ribbon is operating at the current time. Most of Blue Ribbon's value examination focuses on studying past and present price action to predict the probability of Blue Ribbon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Ribbon's price. Additionally, you may evaluate how the addition of Blue Ribbon to your portfolios can decrease your overall portfolio volatility.
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