Ridgeline Minerals Corp Stock Price on December 13, 2024
RDGMF Stock | USD 0.11 0.01 15.79% |
If you're considering investing in Ridgeline OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ridgeline Minerals stands at 0.11, as last reported on the 22nd of January, with the highest price reaching 0.11 and the lowest price hitting 0.10 during the day. Ridgeline Minerals Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0517, which implies the firm had a -0.0517 % return per unit of risk over the last 3 months. Ridgeline Minerals Corp exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ridgeline Minerals' Risk Adjusted Performance of 0.0362, coefficient of variation of 3079.45, and Semi Deviation of 4.91 to confirm the risk estimate we provide.
Ridgeline OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ridgeline |
Sharpe Ratio = -0.0517
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Estimated Market Risk
6.27 actual daily | 55 55% of assets are less volatile |
Expected Return
-0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ridgeline Minerals is not performing at its full potential. However, 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 Ridgeline Minerals by adding Ridgeline Minerals to a well-diversified portfolio.
Ridgeline Minerals Valuation on December 13, 2024
It is possible to determine the worth of Ridgeline Minerals on a given historical date. On December 13, 2024 Ridgeline was worth 0.11 at the beginning of the trading date compared to the closed value of 0.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ridgeline Minerals otc stock. Still, in general, we apply an absolute valuation method to find Ridgeline Minerals' 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 Ridgeline Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ridgeline Minerals' related companies.
Open | High | Low | Close | Volume | |
0.10 | 0.11 | 0.1 | 0.10 | 100,700 | |
12/13/2024 | 0.11 | 0.11 | 0.10 | 0.11 | 600.00 |
0.10 | 0.11 | 0.1 | 0.11 | 29,400 |
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Ridgeline Minerals Trading Date Momentum on December 13, 2024
On December 16 2024 Ridgeline Minerals Corp was traded for 0.11 at the closing time. The highest daily price throughout the period was 0.11 and the lowest price was 0.1 . The daily volume was 29.4 K. The net trading volume on 12/16/2024 did not cause price change. The trading delta at closing time to current closing price is 9.09% . |
Ridgeline Minerals Corp Fundamentals Correlations and Trends
By evaluating Ridgeline Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ridgeline Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ridgeline financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ridgeline Minerals OTC Stock history
Ridgeline Minerals 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 Ridgeline is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ridgeline Minerals Corp 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 Ridgeline Minerals stock prices may prove useful in developing a viable investing in Ridgeline Minerals
Ridgeline Minerals Corp. engages in the acquisition, exploration, and evaluation of mineral properties in the United States. Ridgeline Minerals Corp. was founded in 2018 and is headquartered in Vancouver, Canada. RIDGELINE MINERALS operates under Gold classification in the United States and is traded on OTC Exchange.
Ridgeline Minerals OTC Stock Technical Analysis
Ridgeline Minerals technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Ridgeline Minerals Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
Ridgeline Minerals Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Ridgeline Minerals January 22, 2025 Market Strength
Market strength indicators help investors to evaluate how Ridgeline Minerals otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ridgeline Minerals shares will generate the highest return on investment. By undertsting and applying Ridgeline Minerals otc stock market strength indicators, traders can identify Ridgeline Minerals Corp entry and exit signals to maximize returns
Ridgeline Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ridgeline Minerals' price direction in advance. Along with the technical and fundamental analysis of Ridgeline OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ridgeline 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 | 0.0362 | |||
Jensen Alpha | 0.2088 | |||
Total Risk Alpha | (0) | |||
Sortino Ratio | 0.026 | |||
Treynor Ratio | 1.99 |
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Complementary Tools for Ridgeline OTC Stock analysis
When running Ridgeline Minerals' price analysis, check to measure Ridgeline Minerals' 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 Ridgeline Minerals is operating at the current time. Most of Ridgeline Minerals' value examination focuses on studying past and present price action to predict the probability of Ridgeline Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ridgeline Minerals' price. Additionally, you may evaluate how the addition of Ridgeline Minerals to your portfolios can decrease your overall portfolio volatility.
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