Rockridge Resources Stock Price on November 6, 2024
| RRRLF Stock | USD 0.01 0 10.57% |
If you're considering investing in Rockridge Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Rockridge Resources stands at 0.01, as last reported on the 30th of November, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. Rockridge Resources appears to be out of control, given 3 months investment horizon. Rockridge Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.0573, which implies the firm had a 0.0573% return per unit of risk over the last 3 months. By analyzing Rockridge Resources' technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please evaluate Rockridge Resources' Semi Deviation of 7.84, risk adjusted performance of 0.07, and Coefficient Of Variation of 1259.28 to confirm if our risk estimates are consistent with your expectations.
Rockridge Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Rockridge |
Sharpe Ratio = 0.0573
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Estimated Market Risk
| 10.48 actual daily | 93 93% of assets are less volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Rockridge Resources is performing at about 4% 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 Rockridge Resources by adding it to a well-diversified portfolio.
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Rockridge Resources Valuation on November 6, 2024
It is possible to determine the worth of Rockridge Resources on a given historical date. On November 6, 2024 Rockridge was worth 0.0132 at the beginning of the trading date compared to the closed value of 0.0132. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rockridge Resources pink sheet. Still, in general, we apply an absolute valuation method to find Rockridge 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 Rockridge Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rockridge Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.01 | 0.01 | 0.01 | 0.01 | 1.00 | |
11/06/2024 | 0.01 | 0.01 | 0.01 | 0.01 | 3,000 |
| 0.01 | 0.01 | 0.01 | 0.01 | 25,000 |
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Rockridge Resources Trading Date Momentum on November 6, 2024
| On November 07 2024 Rockridge Resources was traded for 0.01 at the closing time. The highest daily price throughout the period was 0.01 and the lowest price was 0.01 . The daily volume was 25 K. The net trading volume on 11/07/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.27% . The trading delta at closing time to current closing price is 20.45% . |
Rockridge Resources Fundamentals Correlations and Trends
By evaluating Rockridge 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 Rockridge Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rockridge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rockridge Resources Pink Sheet history
Rockridge 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 Rockridge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rockridge 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 Rockridge Resources stock prices may prove useful in developing a viable investing in Rockridge Resources
Rockridge Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. Rockridge Resources Ltd. was incorporated in 2015 and is headquartered in Vancouver, Canada. Rockridge Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Rockridge Resources Pink Sheet Technical Analysis
Rockridge Resources 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
Rockridge Resources Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Rockridge Resources November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Rockridge Resources 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 Rockridge Resources shares will generate the highest return on investment. By undertsting and applying Rockridge Resources pink sheet market strength indicators, traders can identify Rockridge Resources entry and exit signals to maximize returns
Rockridge Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rockridge Resources' price direction in advance. Along with the technical and fundamental analysis of Rockridge Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rockridge 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 | 0.07 | |||
| Jensen Alpha | 0.7884 | |||
| Total Risk Alpha | (0.92) | |||
| Sortino Ratio | 0.051 | |||
| Treynor Ratio | 3.69 |
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Complementary Tools for Rockridge Pink Sheet analysis
When running Rockridge Resources' price analysis, check to measure Rockridge 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 Rockridge Resources is operating at the current time. Most of Rockridge Resources' value examination focuses on studying past and present price action to predict the probability of Rockridge Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rockridge Resources' price. Additionally, you may evaluate how the addition of Rockridge Resources to your portfolios can decrease your overall portfolio volatility.
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