Ramaco Resources Stock Price on September 13, 2024
METCB Stock | 9.15 0.52 5.38% |
If you're considering investing in Ramaco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ramaco Resources stands at 9.15, as last reported on the 22nd of January, with the highest price reaching 9.71 and the lowest price hitting 9.15 during the day. Ramaco Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.0343, which implies the firm had a -0.0343 % return per unit of risk over the last 3 months. Ramaco Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ramaco Resources' Coefficient Of Variation of (2,913), risk adjusted performance of (0.02), and Variance of 10.66 to confirm the risk estimate we provide.
Ramaco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ramaco |
Sharpe Ratio = -0.0343
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Estimated Market Risk
3.27 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ramaco Resources is not performing at its full potential. However, 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 Ramaco Resources by adding Ramaco Resources to a well-diversified portfolio.
Ramaco Resources Main Headline on 13th of September 2024
Ramaco Resources dividend paid on 13th of September 2024 |
Ramaco Resources Valuation on September 13, 2024
It is possible to determine the worth of Ramaco Resources on a given historical date. On September 13, 2024 Ramaco was worth 10.1 at the beginning of the trading date compared to the closed value of 9.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ramaco Resources stock. Still, in general, we apply an absolute valuation method to find Ramaco Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ramaco Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ramaco Resources' related companies.
Open | High | Low | Close | Volume | |
9.65 | 10.02 | 9.56 | 9.97 | 13,606 | |
09/13/2024 | 10.10 | 10.10 | 9.66 | 9.66 | 21,790 |
9.65 | 9.67 | 9.21 | 9.61 | 43,273 |
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Ramaco Resources Trading Date Momentum on September 13, 2024
On September 16 2024 Ramaco Resources was traded for 9.61 at the closing time. The highest daily price throughout the period was 9.67 and the lowest price was 9.21 . The daily volume was 43.3 K. The net trading volume on 09/16/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.52% . The trading delta at closing time to current closing price is 1.55% . |
Ramaco Resources Fundamentals Correlations and Trends
By evaluating Ramaco Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ramaco Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ramaco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ramaco Resources Stock history
Ramaco Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ramaco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ramaco Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ramaco Resources stock prices may prove useful in developing a viable investing in Ramaco Resources
Ramaco Resources Stock Technical Analysis
Ramaco Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Ramaco Resources Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
Ramaco Resources cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ramaco Resources January 22, 2025 Market Strength
Market strength indicators help investors to evaluate how Ramaco Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ramaco Resources shares will generate the highest return on investment. By undertsting and applying Ramaco Resources stock market strength indicators, traders can identify Ramaco Resources entry and exit signals to maximize returns
Ramaco Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ramaco Resources' price direction in advance. Along with the technical and fundamental analysis of Ramaco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ramaco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | (0.16) |
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Complementary Tools for Ramaco Stock analysis
When running Ramaco Resources' price analysis, check to measure Ramaco 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 Ramaco Resources is operating at the current time. Most of Ramaco Resources' value examination focuses on studying past and present price action to predict the probability of Ramaco Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ramaco Resources' price. Additionally, you may evaluate how the addition of Ramaco Resources to your portfolios can decrease your overall portfolio volatility.
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