Rockridge Resources Stock Analysis

Rockridge Pink Sheet Analysis Notes

The company has price-to-book ratio of 0.54. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Rockridge Resources recorded a loss per share of 0.02. The entity had not issued any dividends in recent years. 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.The quote for Rockridge Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Rockridge Resources contact the company at 604 687 3376 or learn more at https://www.rockridgeresourcesltd.com.

Rockridge Resources Investment Alerts

Rockridge Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.99 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Rockridge Resources's market, we take the total number of its shares issued and multiply it by Rockridge Resources'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 30th of November, Rockridge Resources holds the Coefficient Of Variation of 1259.28, semi deviation of 7.84, and Risk Adjusted Performance of 0.07. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rockridge Resources, as well as the relationship between them. Please check Rockridge Resources standard deviation and the relationship between the treynor ratio and kurtosis to decide if Rockridge Resources is priced some-what accurately, providing market reflects its current price of 0.011 per share. As Rockridge Resources appears to be a penny stock we also advise to check out its total risk alpha numbers.

Rockridge Resources Price Movement Analysis

Rockridge Resources Predictive Daily Indicators

Rockridge Resources Forecast Models

Rockridge Resources' time-series forecasting models are one of many Rockridge Resources' pink sheet 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 Rockridge Resources' 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.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Rockridge Resources 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 Rockridge shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Rockridge Resources. By using and applying Rockridge Pink Sheet analysis, traders can create a robust methodology for identifying Rockridge entry and exit points for their positions.

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.