Rigel Resource Acquisition Performance
| RRACDelisted Stock | USD 11.50 0.00 0.00% |
Rigel Resource has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of 0.0487, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rigel Resource's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rigel Resource is expected to be smaller as well. Rigel Resource Acqui right now holds a risk of 0.13%. Please check Rigel Resource Acqui total risk alpha, downside variance, day median price, as well as the relationship between the maximum drawdown and skewness , to decide if Rigel Resource Acqui will be following its historical price patterns.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Rigel Resource Acquisition are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, Rigel Resource is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 109.6 K |
Rigel |
Rigel Resource Relative Risk vs. Return Landscape
If you would invest 1,145 in Rigel Resource Acquisition on September 2, 2024 and sell it today you would earn a total of 5.00 from holding Rigel Resource Acquisition or generate 0.44% return on investment over 90 days. Rigel Resource Acquisition is currently generating 0.0086% in daily expected returns and assumes 0.1273% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of pink sheets are less volatile than Rigel, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Rigel Resource Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rigel Resource's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Rigel Resource Acquisition, and traders can use it to determine the average amount a Rigel Resource's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
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 Fundamentals Growth
Rigel Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Rigel Resource, and Rigel Resource fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Rigel Pink Sheet performance.
| Return On Asset | -0.0136 | |||
| Current Valuation | 176.22 M | |||
| Shares Outstanding | 7.13 M | |||
| Price To Book | 0.67 X | |||
| EBITDA | (2.45 M) | |||
| Cash And Equivalents | 237.02 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 5.56 M | |||
| Book Value Per Share | (0.84) X | |||
| Cash Flow From Operations | (1.72 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 270.79 M | |||
| Retained Earnings | (25.51 M) | |||
About Rigel Resource Performance
By analyzing Rigel Resource's fundamental ratios, stakeholders can gain valuable insights into Rigel Resource's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Rigel Resource has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Rigel Resource has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Rigel Resource Acqui performance evaluation
Checking the ongoing alerts about Rigel Resource for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Rigel Resource Acqui help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Rigel Resource Acqui is not yet fully synchronised with the market data | |
| Rigel Resource Acqui has a very high chance of going through financial distress in the upcoming years | |
| Rigel Resource Acquisition currently holds about 237.02 K in cash with (1.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Acquisition by Max Hooper of 6812500 shares of Global Blockchain at 11.5 subject to Rule 16b-3 |
- Analyzing Rigel Resource's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Rigel Resource's stock is overvalued or undervalued compared to its peers.
- Examining Rigel Resource's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Rigel Resource's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rigel Resource's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Rigel Resource's pink sheet. These opinions can provide insight into Rigel Resource's potential for growth and whether the stock is currently undervalued or overvalued.
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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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