Rockridge Resources Stock Performance
| RRRLF Stock | USD 0.01 0 10.57% |
On a scale of 0 to 100, Rockridge Resources holds a performance score of 4. The company holds a Beta of 0.22, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rockridge Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Rockridge Resources is expected to be smaller as well. Please check Rockridge Resources' information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Rockridge Resources' historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Rockridge Resources are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile essential indicators, Rockridge Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 591 K | |
| Total Cashflows From Investing Activities | -632.8 K |
Rockridge |
Rockridge Resources Relative Risk vs. Return Landscape
If you would invest 1.05 in Rockridge Resources on September 1, 2024 and sell it today you would earn a total of 0.05 from holding Rockridge Resources or generate 4.76% return on investment over 90 days. Rockridge Resources is currently producing 0.6008% returns and takes up 10.4787% volatility of returns over 90 trading days. Put another way, 93% of traded pink sheets are less volatile than Rockridge, and 89% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Rockridge Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rockridge Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Rockridge Resources, and traders can use it to determine the average amount a Rockridge 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 = 0.0573
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Estimated Market Risk
| 10.48 actual daily | 93 93% of assets are less volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Rockridge Resources is performing at about 4% 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 Rockridge Resources by adding it to a well-diversified portfolio.
Rockridge Resources Fundamentals Growth
Rockridge Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Rockridge Resources, and Rockridge 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 Rockridge Pink Sheet performance.
| Return On Equity | -0.2 | |||
| Return On Asset | -0.0881 | |||
| Current Valuation | 2.19 M | |||
| Shares Outstanding | 99.96 M | |||
| Price To Book | 0.54 X | |||
| EBITDA | (1.2 M) | |||
| Cash And Equivalents | 1.99 M | |||
| Cash Per Share | 0.02 X | |||
| Book Value Per Share | 0.07 X | |||
| Cash Flow From Operations | (1.21 M) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 6.7 M | |||
About Rockridge Resources Performance
By analyzing Rockridge Resources' fundamental ratios, stakeholders can gain valuable insights into Rockridge Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Rockridge 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 Rockridge Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Rockridge Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. Rockridge Resources Ltd. was incorporated in 2015 and is headquartered in Vancouver, Canada. Rockridge Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Rockridge Resources performance evaluation
Checking the ongoing alerts about Rockridge Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Rockridge Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Rockridge Resources is way too risky over 90 days horizon | |
| Rockridge Resources has some characteristics of a very speculative penny stock | |
| Rockridge Resources appears to be risky and price may revert if volatility continues | |
| Rockridge Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.15 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Rockridge Resources has accumulated about 1.99 M in cash with (1.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Rockridge 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 Rockridge Resources' stock is overvalued or undervalued compared to its peers.
- Examining Rockridge 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 Rockridge Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rockridge Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Rockridge Resources' pink sheet. These opinions can provide insight into Rockridge Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Rockridge Pink Sheet analysis
When running Rockridge Resources' price analysis, check to measure Rockridge 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 Rockridge Resources is operating at the current time. Most of Rockridge Resources' value examination focuses on studying past and present price action to predict the probability of Rockridge Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rockridge Resources' price. Additionally, you may evaluate how the addition of Rockridge Resources to your portfolios can decrease your overall portfolio volatility.
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