RIDGELINE MINERALS (Germany) Performance
| 0GC0 Stock | EUR 0.10 0.0005 0.50% |
The company holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, RIDGELINE MINERALS's returns are expected to increase less than the market. However, during the bear market, the loss of holding RIDGELINE MINERALS is expected to be smaller as well. RIDGELINE MINERALS now holds a risk of 6.05%. Please check RIDGELINE MINERALS downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if RIDGELINE MINERALS will be following its historical price patterns.
Risk-Adjusted Performance
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Over the last 90 days RIDGELINE MINERALS P has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable fundamental indicators, RIDGELINE MINERALS is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
RIDGELINE |
RIDGELINE MINERALS Relative Risk vs. Return Landscape
If you would invest 11.00 in RIDGELINE MINERALS P on September 2, 2024 and sell it today you would lose (1.00) from holding RIDGELINE MINERALS P or give up 9.09% of portfolio value over 90 days. RIDGELINE MINERALS P is generating 0.0243% of daily returns assuming 6.0451% volatility of returns over the 90 days investment horizon. Simply put, 53% of all stocks have less volatile historical return distribution than RIDGELINE MINERALS, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
RIDGELINE MINERALS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RIDGELINE MINERALS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as RIDGELINE MINERALS P, and traders can use it to determine the average amount a RIDGELINE MINERALS'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 = 0.004
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Estimated Market Risk
| 6.05 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.02 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 RIDGELINE MINERALS 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 RIDGELINE MINERALS by adding RIDGELINE MINERALS to a well-diversified portfolio.
RIDGELINE MINERALS Fundamentals Growth
RIDGELINE Stock prices reflect investors' perceptions of the future prospects and financial health of RIDGELINE MINERALS, and RIDGELINE MINERALS 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 RIDGELINE Stock performance.
| Return On Equity | -0.12 | |||
| Return On Asset | -0.059 | |||
| Shares Outstanding | 68.47 M | |||
| EBITDA | (806.09 K) | |||
| Cash And Equivalents | 4.42 M | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 112.83 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0.13 X | |||
| Cash Flow From Operations | (1.06 M) | |||
| Earnings Per Share | (0.02) X | |||
About RIDGELINE MINERALS Performance
By analyzing RIDGELINE MINERALS's fundamental ratios, stakeholders can gain valuable insights into RIDGELINE MINERALS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if RIDGELINE MINERALS 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 RIDGELINE MINERALS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ridgeline Minerals Corp. engages in the acquisition and exploration of mineral properties in Nevada, the United States. Ridgeline Minerals Corp. was founded in 2018 and is headquartered in Vancouver, Canada. RIDGELINE MINERALS is traded on Frankfurt Stock Exchange in Germany.Things to note about RIDGELINE MINERALS performance evaluation
Checking the ongoing alerts about RIDGELINE MINERALS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for RIDGELINE MINERALS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| RIDGELINE MINERALS had very high historical volatility over the last 90 days | |
| RIDGELINE MINERALS has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (1.41 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| RIDGELINE MINERALS P has accumulated about 4.42 M in cash with (1.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. |
- Analyzing RIDGELINE MINERALS'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 RIDGELINE MINERALS's stock is overvalued or undervalued compared to its peers.
- Examining RIDGELINE MINERALS'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 RIDGELINE MINERALS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of RIDGELINE MINERALS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of RIDGELINE MINERALS's stock. These opinions can provide insight into RIDGELINE MINERALS's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for RIDGELINE Stock analysis
When running RIDGELINE MINERALS's price analysis, check to measure RIDGELINE MINERALS's 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 RIDGELINE MINERALS is operating at the current time. Most of RIDGELINE MINERALS's value examination focuses on studying past and present price action to predict the probability of RIDGELINE MINERALS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RIDGELINE MINERALS's price. Additionally, you may evaluate how the addition of RIDGELINE MINERALS to your portfolios can decrease your overall portfolio volatility.
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