We recommend to use Rockridge Resources fundamental analysis to find out if markets are presently mispricing the firm. Put it differently this technique allows you to confirm available drivers of Rockridge Resources as well as the relationship between them. We were able to break down twenty-one available financial ratios for Rockridge Resources, which can be compared to its competitors. The stock experiences a very speculative upward sentiment. Check odds of Rockridge Resources to be traded at C$0.025 in 90 days. Key indicators impacting Rockridge Resources' financial strength include:
Please note, the imprecision that can be found in Rockridge Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Rockridge Resources. Check Rockridge Resources' Beneish M Score to see the likelihood of Rockridge Resources' management manipulating its earnings.
Rockridge Resources Stock Summary
Rockridge Resources competes with Foraco International, and Bri Chem. 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 Exotistan and is traded on Commodity Exchange.
You should never invest in Rockridge Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Rockridge Stock, because this is throwing your money away. Analyzing the key information contained in Rockridge Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Rockridge Resources Key Financial Ratios
There are many critical financial ratios that Rockridge Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Rockridge Resources reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Rockridge Resources's current stock value. Our valuation model uses many indicators to compare Rockridge Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rockridge Resources competition to find correlations between indicators driving Rockridge Resources's intrinsic value. More Info.
Rockridge Resources is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . At this time, Rockridge Resources' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rockridge Resources' earnings, one of the primary drivers of an investment's value.
Rockridge Resources Systematic Risk
Rockridge Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rockridge Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Rockridge Resources correlated with the market. If Beta is less than 0 Rockridge Resources generally moves in the opposite direction as compared to the market. If Rockridge Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rockridge Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rockridge Resources is generally in the same direction as the market. If Beta > 1 Rockridge Resources moves generally in the same direction as, but more than the movement of the benchmark.
Rockridge Resources Total Assets Over Time
Today, most investors in Rockridge Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Rockridge Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Rockridge Resources growth as a starting point in their analysis.
Rockridge Resources December 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Rockridge Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rockridge Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rockridge Resources based on widely used predictive technical indicators. In general, we focus on analyzing Rockridge Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rockridge Resources's daily price indicators and compare them against related drivers.
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.