Riverside Resources Stock Price on December 2, 2024
| RRI Stock | CAD 0.14 0.00 0.00% |
Below is the normalized historical share price chart for Riverside Resources extending back to August 27, 2007. 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 Riverside Resources stands at 0.14, as last reported on the 11th of December 2024, with the highest price reaching 0.14 and the lowest price hitting 0.14 during the day.
If you're considering investing in Riverside Stock, it is important to understand the factors that can impact its price. Riverside Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.0347, which implies the firm had a -0.0347% return per unit of risk over the last 3 months. Riverside Resources exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Riverside Resources' Coefficient Of Variation of 7398.44, variance of 7.57, and Risk Adjusted Performance of 0.0171 to confirm the risk estimate we provide.
Sale Purchase Of Stock is likely to climb to about 4.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 10.3 M in 2024. . Price Earnings Ratio is likely to climb to -14.2 in 2024. Price Book Value Ratio is likely to drop to 0.41 in 2024. Riverside Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.1435 | 50 Day MA 0.1402 | Beta 1.565 |
Riverside |
Sharpe Ratio = -0.0347
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Estimated Market Risk
| 2.36 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Riverside Resources 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 Riverside Resources by adding Riverside Resources to a well-diversified portfolio.
Price Book 0.7643 | Book Value 0.168 | Enterprise Value 3.3 M | Enterprise Value Ebitda 1.8111 | Shares Float 69.6 M |
Riverside Resources Valuation on December 2, 2024
It is possible to determine the worth of Riverside Resources on a given historical date. On December 2, 2024 Riverside was worth 0.14 at the beginning of the trading date compared to the closed value of 0.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Riverside Resources stock. Still, in general, we apply an absolute valuation method to find Riverside Resources' 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 Riverside Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Riverside Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.14 | 0.14 | 0.14 | 0.14 | 5,700 | |
12/02/2024 | 0.14 | 0.14 | 0.14 | 0.14 | 52,200 |
| 0.14 | 0.14 | 0.14 | 0.14 | 49,000 |
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Riverside Resources Trading Date Momentum on December 2, 2024
| On December 03 2024 Riverside Resources was traded for 0.14 at the closing time. The highest daily price throughout the period was 0.14 and the lowest price was 0.14 . The daily volume was 49 K. The net trading volume on 12/03/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Riverside Resources Fundamentals Correlations and Trends
By evaluating Riverside Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Riverside Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Riverside financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Riverside Resources Stock history
Riverside Resources 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 Riverside is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Riverside Resources 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 Riverside Resources stock prices may prove useful in developing a viable investing in Riverside Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 78 M | 44.8 M | |
| Net Loss | -238.7 K | -250.7 K |
Riverside Resources Quarterly Net Working Capital |
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Riverside Resources Stock Technical Analysis
Riverside Resources 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
Riverside Resources Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Riverside Resources cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Riverside Resources December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Riverside Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Riverside Resources shares will generate the highest return on investment. By undertsting and applying Riverside Resources stock market strength indicators, traders can identify Riverside Resources entry and exit signals to maximize returns
Riverside Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Riverside Resources' price direction in advance. Along with the technical and fundamental analysis of Riverside Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Riverside 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 | 0.0171 | |||
| Jensen Alpha | 0.1162 | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.03) |
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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.