Robex Resources Stock Price on November 22, 2024

RSRBF Stock  USD 1.53  0.04  2.68%   
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 1.53, as last reported on the 12th of December 2024, with the highest price reaching 1.53 and the lowest price hitting 1.53 during the day. Robex Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.21, which implies the firm had a -0.21% return per unit of risk over the last 3 months. Robex Resources exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Robex Resources' Coefficient Of Variation of (821.00), risk adjusted performance of (0.08), and Variance of 6.79 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.

Sharpe Ratio = -0.2148

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Estimated Market Risk

 2.21
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.48
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  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 November 22, 2024

It is possible to determine the worth of Robex Resources on a given historical date. On November 22, 2024 Robex was worth 1.84 at the beginning of the trading date compared to the closed value of 1.84. 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
  1.84    1.84    1.84    1.84    1.00  
11/22/2024
  1.84    1.84    1.84    1.84    1.00  
  1.83    1.84    1.65    1.65    650.00  
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Open Value
1.84
1.84
Closing Value
8.48
Upside

Robex Resources Trading Date Momentum on November 22, 2024

On November 25 2024 Robex Resources was traded for  1.65  at the closing time. The highest daily price throughout the period was 1.84  and the lowest price was  1.65 . The daily volume was 650. The net trading volume on 11/25/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 10.33% . The trading delta at closing time to current closing price is 15.22% .

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.
A focus of Robex Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Robex Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Robex Resources Period Price Range

Low
December 12, 2024
0.00  NaN%
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 December 12, 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.

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.
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