Riverside Resources Stock Performance
| RVSDF Stock | USD 0.10 0.00 0.00% |
The company holds a Beta of -0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Riverside Resources are expected to decrease at a much lower rate. During the bear market, Riverside Resources is likely to outperform the market. At this point, Riverside Resources has a negative expected return of -0.0088%. Please make sure to check Riverside Resources' standard deviation, as well as the relationship between the maximum drawdown and kurtosis , to decide if Riverside Resources performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Riverside Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable fundamental indicators, Riverside Resources is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 6 M |
Riverside |
Riverside Resources Relative Risk vs. Return Landscape
If you would invest 11.00 in Riverside Resources on September 3, 2024 and sell it today you would lose (1.00) from holding Riverside Resources or give up 9.09% of portfolio value over 90 days. Riverside Resources is currently producing negative expected returns and takes up 5.3412% volatility of returns over 90 trading days. Put another way, 47% of traded otc stocks are less volatile than Riverside, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Riverside Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Riverside Resources' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Riverside Resources, and traders can use it to determine the average amount a Riverside Resources' 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 = -0.0017
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| Negative Returns | RVSDF |
Estimated Market Risk
| 5.34 actual daily | 47 53% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 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.
Riverside Resources Fundamentals Growth
Riverside OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Riverside Resources, and Riverside Resources 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 Riverside OTC Stock performance.
| Return On Equity | -0.0179 | |||
| Return On Asset | -0.0203 | |||
| Current Valuation | 2.5 M | |||
| Shares Outstanding | 74.45 M | |||
| Price To Earning | 3.53 X | |||
| Price To Book | 0.76 X | |||
| EBITDA | (144.43 K) | |||
| Cash And Equivalents | 7.58 M | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 33.6 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.16 X | |||
| Cash Flow From Operations | (1.05 M) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 16.32 M | |||
About Riverside Resources Performance
By analyzing Riverside Resources' fundamental ratios, stakeholders can gain valuable insights into Riverside Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Riverside Resources 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 Riverside Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Riverside Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of exploration and evaluation assets in North America. Riverside Resources Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada. Riverside Res operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Riverside Resources performance evaluation
Checking the ongoing alerts about Riverside Resources for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Riverside Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Riverside Resources generated a negative expected return over the last 90 days | |
| Riverside Resources has high historical volatility and very poor performance | |
| Riverside Resources has some characteristics of a very speculative penny stock | |
| Riverside Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (207.59 K) with loss before overhead, payroll, taxes, and interest of (4.66 K). | |
| Riverside Resources has accumulated about 7.58 M in cash with (1.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. |
- Analyzing Riverside Resources' 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 Riverside Resources' stock is overvalued or undervalued compared to its peers.
- Examining Riverside Resources' 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 Riverside Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Riverside Resources' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Riverside Resources' otc stock. These opinions can provide insight into Riverside Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Riverside OTC 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.
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