Ridgeline Minerals Corp Stock Analysis

RDGMF Stock  USD 0.11  0.01  15.79%   
Ridgeline Minerals Corp is overvalued with Real Value of 0.0976 and Hype Value of 0.11. The main objective of Ridgeline Minerals otc analysis is to determine its intrinsic value, which is an estimate of what Ridgeline Minerals Corp is worth, separate from its market price. There are two main types of Ridgeline Minerals' stock analysis: fundamental analysis and technical analysis.
The Ridgeline Minerals otc stock is traded in the USA on OTCQB Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Ridgeline Minerals' ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ridgeline Minerals Corp. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in population.

Ridgeline OTC Stock Analysis Notes

The company has price-to-book ratio of 1.35. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Ridgeline Minerals Corp recorded a loss per share of 0.02. The entity had not issued any dividends in recent years. Ridgeline Minerals Corp. engages in the acquisition, exploration, and evaluation of mineral properties in the United States. Ridgeline Minerals Corp. was founded in 2018 and is headquartered in Vancouver, Canada. RIDGELINE MINERALS operates under Gold classification in the United States and is traded on OTC Exchange.The quote for Ridgeline Minerals Corp is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Ridgeline Minerals Corp contact the company at 866 734 6828 or learn more at https://www.ridgelineminerals.com.

Ridgeline Minerals Corp Investment Alerts

Ridgeline Minerals generated a negative expected return over the last 90 days
Ridgeline Minerals has high historical volatility and very poor performance
Ridgeline Minerals has some characteristics of a very speculative penny stock
Ridgeline Minerals has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (1.21 M) with profit before overhead, payroll, taxes, and interest of 0.
Ridgeline Minerals Corp has accumulated about 965.85 K in cash with (858.88 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.

Ridgeline Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 14.47 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ridgeline Minerals's market, we take the total number of its shares issued and multiply it by Ridgeline Minerals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 20th of January, Ridgeline Minerals holds the Semi Deviation of 4.91, coefficient of variation of 3079.45, and Risk Adjusted Performance of 0.0359. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ridgeline Minerals, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have collected data for nineteen technical drivers for Ridgeline Minerals Corp, which can be compared to its competitors. Please check Ridgeline Minerals Corp variance, as well as the relationship between the maximum drawdown and semi variance to decide if Ridgeline Minerals Corp is priced some-what accurately, providing market reflects its current price of 0.11 per share. As Ridgeline Minerals Corp appears to be a penny stock we also advise to check out its total risk alpha numbers.

Ridgeline Minerals Corp Price Movement Analysis

The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ridgeline Minerals middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Ridgeline Minerals Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Ridgeline Minerals Predictive Daily Indicators

Ridgeline Minerals intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ridgeline Minerals otc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Ridgeline Minerals Forecast Models

Ridgeline Minerals' time-series forecasting models are one of many Ridgeline Minerals' otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ridgeline Minerals' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Ridgeline OTC Stock Analysis

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Ridgeline Minerals prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ridgeline shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Ridgeline Minerals. By using and applying Ridgeline OTC Stock analysis, traders can create a robust methodology for identifying Ridgeline entry and exit points for their positions.
Ridgeline Minerals Corp. engages in the acquisition, exploration, and evaluation of mineral properties in the United States. Ridgeline Minerals Corp. was founded in 2018 and is headquartered in Vancouver, Canada. RIDGELINE MINERALS operates under Gold classification in the United States and is traded on OTC Exchange.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our otc stock analysis tools, you can find out how much better you can do when adding Ridgeline Minerals to your portfolios without increasing risk or reducing expected return.

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When running Ridgeline Minerals' price analysis, check to measure Ridgeline Minerals' 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' value examination focuses on studying past and present price action to predict the probability of Ridgeline Minerals' 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' price. Additionally, you may evaluate how the addition of Ridgeline Minerals to your portfolios can decrease your overall portfolio volatility.
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