Rockridge Competitors

ROCK Stock  CAD 0.02  0.01  33.33%   
Rockridge Resources competes with Outcrop Gold, and Grande Portage; as well as few others. The company operates under Metals & Mining sector and is part of Materials industry. Analyzing Rockridge Resources competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Rockridge Resources to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Rockridge Resources Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Rockridge Resources competition on your existing holdings.
  
Return On Tangible Assets is likely to drop to -0.1 in 2024. Return On Capital Employed is likely to drop to -0.13 in 2024. At this time, Rockridge Resources' Total Assets are fairly stable compared to the past year. Net Tangible Assets is likely to climb to about 8 M in 2024, whereas Other Current Assets are likely to drop slightly above 217.1 K in 2024.
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Rockridge Resources Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Rockridge Resources and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Rockridge and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Rockridge Resources does not affect the price movement of the other competitor.
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High positive correlations   
GPGOCG
KSOCG
KSGPG
OCGMMN
GPGMMN
KSMMN
  
High negative correlations   
KSMMN
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Risk-Adjusted Indicators

There is a big difference between Rockridge Stock performing well and Rockridge Resources Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Rockridge Resources' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Rockridge Resources and related stocks such as Monarca Minerals, Outcrop Gold Corp, and Grande Portage Resources Net Income Over Time
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201020112012201320142015201620172018201920202021202220232024
MMN(15 K)(2.4 M)(4.5 M)(339.2 K)(291 K)(48.6 K)(1.1 M)(764.2 K)(961.2 K)(894.7 K)(2.7 M)(1.1 M)(920.4 K)(828.3 K)(869.8 K)
OCG(696.9 K)(3.6 M)(3.2 M)(2.8 M)(1.9 M)(1.5 M)(2.6 M)(2.2 M)(2.7 M)(5 M)(12.8 M)(11.4 M)(9.4 M)(8.5 M)(8.1 M)
GPG(401.2 K)(1.2 M)(1.3 M)(6.8 M)(278.2 K)(386.4 K)(517.5 K)(1.3 M)(881.3 K)(1 M)(1.2 M)(1.3 M)(1.1 M)(986.9 K)(1 M)
KS(808 K)(5.6 M)(1.4 M)(627.3 K)(233.8 K)(218.2 K)(1 M)(1.2 M)(650.7 K)(867.7 K)(2.4 M)(884.7 K)(1.1 M)(1.3 M)(1.3 M)

Rockridge Resources and related stocks such as Monarca Minerals, Outcrop Gold Corp, and Grande Portage Resources Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Rockridge Resources financial statement analysis. It represents the amount of money remaining after all of Rockridge Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Rockridge Resources Competitive Analysis

The better you understand Rockridge Resources competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Rockridge Resources' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Rockridge Resources' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
ROCK MMN OCG GPG KS
 33.33 
 0.02 
Rockridge
 0.00 
 0.01 
Monarca
 5.26 
 0.20 
Outcrop
 10.00 
 0.18 
Grande
 0.00 
 0.02 
Klondike
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Rockridge Resources Competition Performance Charts

Five steps to successful analysis of Rockridge Resources Competition

Rockridge Resources' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Rockridge Resources in relation to its competition. Rockridge Resources' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Rockridge Resources in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Rockridge Resources' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Rockridge Resources, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Additional Tools for Rockridge Stock 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.