Robex Resources Stock Price on August 13, 2024
RSRBF Stock | USD 1.84 0.00 0.00% |
If you're considering investing in Robex Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Robex Resources stands at 1.84, as last reported on the 23rd of November, with the highest price reaching 1.84 and the lowest price hitting 1.84 during the day. Robex Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.0749, which implies the firm had a -0.0749% return per unit of risk over the last 3 months. Robex Resources exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Robex Resources' Variance of 4.8, coefficient of variation of (1,486), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
Robex Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Robex |
Sharpe Ratio = -0.0749
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | RSRBF |
Estimated Market Risk
2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Robex 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 Robex Resources by adding Robex Resources to a well-diversified portfolio.
Robex Resources Valuation on August 13, 2024
It is possible to determine the worth of Robex Resources on a given historical date. On August 13, 2024 Robex was worth 1.99 at the beginning of the trading date compared to the closed value of 1.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Robex Resources pink sheet. Still, in general, we apply an absolute valuation method to find Robex 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 Robex Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Robex Resources' related companies.
Open | High | Low | Close | Volume | |
1.99 | 1.99 | 1.99 | 1.99 | 1.00 | |
08/13/2024 | 1.99 | 1.99 | 1.99 | 1.99 | 1.00 |
1.99 | 1.99 | 1.99 | 1.99 | 1.00 |
Backtest Robex Resources | | | Robex Resources History | | | Robex Resources Valuation | Previous | Next |
Robex Resources Trading Date Momentum on August 13, 2024
On August 14 2024 Robex Resources was traded for 1.99 at the closing time. The highest daily price throughout the period was 1.99 and the lowest price was 1.99 . There was no trading activity during the period 1.0. Lack of trading volume on 08/14/2024 did not cause price change. The trading delta at closing time to current closing price is 3.02% . |
Robex Resources Fundamentals Correlations and Trends
By evaluating Robex 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 Robex Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Robex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Robex Resources Pink Sheet history
Robex 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 Robex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Robex 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 Robex Resources stock prices may prove useful in developing a viable investing in Robex Resources
Robex Resources Inc., a junior operation and exploration mining company, engages in the exploration, development, and production of gold deposits. Robex Resources Inc. was founded in 1985 and is headquartered in Qubec, Canada. Resources Robex operates under Gold classification in the United States and is traded on OTC Exchange. It employs 805 people.
Robex Resources Pink Sheet Technical Analysis
Robex 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
Robex Resources Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Robex Resources 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.
Robex Resources November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Robex 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 Robex Resources shares will generate the highest return on investment. By undertsting and applying Robex Resources pink sheet market strength indicators, traders can identify Robex Resources entry and exit signals to maximize returns
Robex Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Robex Resources' price direction in advance. Along with the technical and fundamental analysis of Robex Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Robex 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 | (0.05) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | (2.71) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Robex Pink Sheet analysis
When running Robex Resources' price analysis, check to measure Robex 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 Robex Resources is operating at the current time. Most of Robex Resources' value examination focuses on studying past and present price action to predict the probability of Robex Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Robex Resources' price. Additionally, you may evaluate how the addition of Robex Resources to your portfolios can decrease your overall portfolio volatility.
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |