Resource Base (Australia) Price on October 29, 2024
| RBX Stock | 0.04 0.01 13.51% |
If you're considering investing in Resource Stock, it is important to understand the factors that can impact its price. As of today, the current price of Resource Base stands at 0.04, as last reported on the 27th of November, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Resource Base appears to be out of control, given 3 months investment horizon. Resource Base maintains Sharpe Ratio (i.e., Efficiency) of 0.0666, which implies the firm had a 0.0666% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Resource Base, which you can use to evaluate the volatility of the company. Please evaluate Resource Base's Risk Adjusted Performance of 0.0309, coefficient of variation of 3376.37, and Variance of 19.59 to confirm if our risk estimates are consistent with your expectations.
At this time, Resource Base's Common Stock is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 3.3 M in 2024, whereas Capital Stock is likely to drop slightly above 23.9 M in 2024. . Resource Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Resource |
Sharpe Ratio = 0.0666
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Estimated Market Risk
| 4.32 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Resource Base is performing at about 5% 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 Resource Base by adding it to a well-diversified portfolio.
Price Book 1.4023 | Book Value 0.037 | Enterprise Value 3.1 M | Enterprise Value Ebitda (1.69) | Price Sales 177.5488 |
Resource Base Valuation on October 29, 2024
It is possible to determine the worth of Resource Base on a given historical date. On October 29, 2024 Resource was worth 0.035 at the beginning of the trading date compared to the closed value of 0.035. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Resource Base stock. Still, in general, we apply an absolute valuation method to find Resource Base'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 Resource Base where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Resource Base's related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 | |
10/29/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
| 0.04 | 0.04 | 0.04 | 0.04 | 13,134 |
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Resource Base Trading Date Momentum on October 29, 2024
| On October 30 2024 Resource Base was traded for 0.04 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.04 . The daily volume was recorded at 13.1 K. The volume of trading on 30th of October 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 2.86% . The trading delta at closing time to the closing price today is 2.86% . |
Resource Base Fundamentals Correlations and Trends
By evaluating Resource Base'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 Resource Base's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Resource financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Resource Base Stock history
Resource Base 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 Resource is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Resource Base 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 Resource Base stock prices may prove useful in developing a viable investing in Resource Base
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 82.7 M | 68.4 M | |
| Net Loss | -3.6 M | -3.5 M |
Resource Base Stock Technical Analysis
Resource Base 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
Resource Base Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Resource Base cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Resource Base November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Resource Base stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Resource Base shares will generate the highest return on investment. By undertsting and applying Resource Base stock market strength indicators, traders can identify Resource Base entry and exit signals to maximize returns
Resource Base Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Resource Base's price direction in advance. Along with the technical and fundamental analysis of Resource Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Resource 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 | 0.0309 | |||
| Jensen Alpha | 0.054 | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 0.2172 |
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Additional Tools for Resource Stock Analysis
When running Resource Base's price analysis, check to measure Resource Base'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 Resource Base is operating at the current time. Most of Resource Base's value examination focuses on studying past and present price action to predict the probability of Resource Base's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resource Base's price. Additionally, you may evaluate how the addition of Resource Base to your portfolios can decrease your overall portfolio volatility.