Rock Tech Lithium Stock Performance
| RCKTF Stock | USD 0.71 0.06 7.79% |
The company holds a Beta of 1.99, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Rock Tech will likely underperform. At this point, Rock Tech Lithium has a negative expected return of -0.3%. Please make sure to check Rock Tech's jensen alpha and the relationship between the potential upside and period momentum indicator , to decide if Rock Tech Lithium 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 Rock Tech Lithium has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 9 M |
Rock |
Rock Tech Relative Risk vs. Return Landscape
If you would invest 91.00 in Rock Tech Lithium on August 26, 2024 and sell it today you would lose (20.00) from holding Rock Tech Lithium or give up 21.98% of portfolio value over 90 days. Rock Tech Lithium is currently producing negative expected returns and takes up 4.0803% volatility of returns over 90 trading days. Put another way, 36% of traded otc stocks are less volatile than Rock, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Rock Tech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rock Tech's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Rock Tech Lithium, and traders can use it to determine the average amount a Rock Tech'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 = -0.0726
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Estimated Market Risk
| 4.08 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.3 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 Rock Tech 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 Rock Tech by adding Rock Tech to a well-diversified portfolio.
Rock Tech Fundamentals Growth
Rock OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Rock Tech, and Rock Tech 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 Rock OTC Stock performance.
| Return On Equity | -1.52 | |||
| Return On Asset | -0.8 | |||
| Current Valuation | 129.15 M | |||
| Shares Outstanding | 84.83 M | |||
| Price To Earning | (26.38) X | |||
| Price To Book | 3.80 X | |||
| EBITDA | (21.65 M) | |||
| Cash And Equivalents | 22.34 M | |||
| Cash Per Share | 0.26 X | |||
| Total Debt | 182 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.67 X | |||
| Cash Flow From Operations | (14.57 M) | |||
| Earnings Per Share | (0.34) X | |||
| Total Asset | 72.02 M | |||
About Rock Tech Performance
By analyzing Rock Tech's fundamental ratios, stakeholders can gain valuable insights into Rock Tech's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Rock Tech 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 Rock Tech has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Rock Tech Lithium Inc. engages in the exploration and development of lithium properties. Rock Tech Lithium Inc. was incorporated in 2010 and is headquartered in Vancouver, Canada. Rock Tech operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Rock Tech Lithium performance evaluation
Checking the ongoing alerts about Rock Tech for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Rock Tech Lithium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Rock Tech Lithium generated a negative expected return over the last 90 days | |
| Rock Tech Lithium has some characteristics of a very speculative penny stock | |
| Rock Tech Lithium has high historical volatility and very poor performance | |
| Rock Tech Lithium has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (22.16 M) with loss before overhead, payroll, taxes, and interest of (19.18 K). | |
| Rock Tech Lithium has accumulated about 22.34 M in cash with (14.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26. |
- Analyzing Rock Tech'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 Rock Tech's stock is overvalued or undervalued compared to its peers.
- Examining Rock Tech'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 Rock Tech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rock Tech's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Rock Tech's otc stock. These opinions can provide insight into Rock Tech's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Rock OTC Stock analysis
When running Rock Tech's price analysis, check to measure Rock Tech'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 Rock Tech is operating at the current time. Most of Rock Tech's value examination focuses on studying past and present price action to predict the probability of Rock Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rock Tech's price. Additionally, you may evaluate how the addition of Rock Tech to your portfolios can decrease your overall portfolio volatility.
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