Rigel Resource Acquisition Price on October 4, 2024
RRACDelisted Stock | USD 11.50 0.00 0.00% |
If you're considering investing in Rigel Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Rigel Resource stands at 11.50, as last reported on the 1st of December, with the highest price reaching 11.50 and the lowest price hitting 11.50 during the day. At this point, Rigel Resource is very steady. Rigel Resource Acqui maintains Sharpe Ratio (i.e., Efficiency) of 0.0677, which implies the firm had a 0.0677% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Rigel Resource Acqui, which you can use to evaluate the volatility of the company. Please check Rigel Resource's Standard Deviation of 0.1572, risk adjusted performance of 0.0263, and Downside Deviation of 0.2107 to confirm if the risk estimate we provide is consistent with the expected return of 0.0086%.
Rigel Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Rigel |
Sharpe Ratio = 0.0677
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Estimated Market Risk
0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Rigel Resource 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 Rigel Resource by adding it to a well-diversified portfolio.
Rigel Resource Valuation on October 4, 2024
It is possible to determine the worth of Rigel Resource on a given historical date. On October 4, 2024 Rigel was worth 11.5 at the beginning of the trading date compared to the closed value of 11.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rigel Resource pink sheet. Still, in general, we apply an absolute valuation method to find Rigel Resource'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 Rigel Resource where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rigel Resource's related companies.
Open | High | Low | Close | Volume | |
11.50 | 11.50 | 11.50 | 11.50 | 407.00 | |
10/04/2024 | 11.50 | 11.50 | 11.50 | 11.50 | 107.00 |
11.50 | 11.50 | 11.47 | 11.50 | 527,313 |
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Rigel Resource Trading Date Momentum on October 4, 2024
On October 07 2024 Rigel Resource Acquisition was traded for 11.50 at the closing time. The top price for the day was 11.50 and the lowest listed price was 11.47 . The trading volume for the day was 527.3 K. The trading history from October 7, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.00% . |
Rigel Resource Acqui Fundamentals Correlations and Trends
By evaluating Rigel Resource'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 Rigel Resource's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rigel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rigel Resource Pink Sheet history
Rigel Resource 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 Rigel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rigel Resource Acqui 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 Rigel Resource stock prices may prove useful in developing a viable investing in Rigel Resource
Rigel Resource Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in New York, New York. Rigel Resource operates under Shell Companies classification in the United States and is traded on New York Stock Exchange.
Rigel Resource Pink Sheet Technical Analysis
Rigel Resource technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Rigel Resource Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Rigel Resource Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Rigel Resource December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Rigel Resource pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rigel Resource shares will generate the highest return on investment. By undertsting and applying Rigel Resource pink sheet market strength indicators, traders can identify Rigel Resource Acquisition entry and exit signals to maximize returns
Rigel Resource Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rigel Resource's price direction in advance. Along with the technical and fundamental analysis of Rigel Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rigel 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 | 0.0263 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.59) | |||
Treynor Ratio | 0.0689 |
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Other Consideration for investing in Rigel Pink Sheet
If you are still planning to invest in Rigel Resource Acqui check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Rigel Resource's history and understand the potential risks before investing.
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