Riverside Resources Stock Performance
| RRI Stock | CAD 0.14 0.00 0.00% |
Riverside Resources has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.51, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Riverside Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Riverside Resources is expected to be smaller as well. Riverside Resources right now holds a risk of 2.82%. Please check Riverside Resources downside variance, as well as the relationship between the kurtosis and relative strength index , to decide if Riverside Resources will be following its historical price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Riverside Resources are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Riverside Resources is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | Riverside Resources drilling Cecilia Project with partner Fortuna Mining, Mexico - Resource World Magazine | 09/10/2024 |
| Begin Period Cash Flow | 6.9 M |
Riverside |
Riverside Resources Relative Risk vs. Return Landscape
If you would invest 14.00 in Riverside Resources on August 27, 2024 and sell it today you would earn a total of 0.00 from holding Riverside Resources or generate 0.0% return on investment over 90 days. Riverside Resources is currently producing 0.039% returns and takes up 2.8169% volatility of returns over 90 trading days. Put another way, 25% of traded 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 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 = 0.0138
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Estimated Market Risk
| 2.82 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Riverside Resources is performing at about 1% 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 Riverside Resources by adding it to a well-diversified portfolio.
Riverside Resources Fundamentals Growth
Riverside 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 Stock performance.
| Return On Equity | -0.0708 | ||||
| Return On Asset | -0.1 | ||||
| Current Valuation | 3.65 M | ||||
| Shares Outstanding | 74.78 M | ||||
| Price To Earning | 110.00 X | ||||
| Price To Book | 0.79 X | ||||
| Gross Profit | (4.66 K) | ||||
| EBITDA | (1.17 M) | ||||
| Net Income | (395.19 K) | ||||
| Cash And Equivalents | 5.24 M | ||||
| Cash Per Share | 0.08 X | ||||
| Total Debt | 1.76 M | ||||
| Current Ratio | 55.41 X | ||||
| Book Value Per Share | 0.17 X | ||||
| Cash Flow From Operations | (592.78 K) | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 10.47 M | ||||
| Total Asset | 15.32 M | ||||
| Retained Earnings | (16.47 M) | ||||
| Working Capital | 6.12 M | ||||
About Riverside Resources Performance
Evaluating Riverside Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. 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. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | -3 K | -3.1 K | |
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | (0.07) | (0.07) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.03) | (0.03) |
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. 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 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 (395.19 K) with loss before overhead, payroll, taxes, and interest of (4.66 K). | |
| Riverside Resources has accumulated about 5.24 M in cash with (592.78 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. |
- 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 Company's leadership.
- Pay attention to analyst opinions and ratings of Riverside Resources' stock. These opinions can provide insight into Riverside Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Riverside 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.