Rackla Metals Stock Price on October 10, 2024
| RAK Stock | CAD 0.14 0.02 16.67% |
Below is the normalized historical share price chart for Rackla Metals extending back to December 09, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Rackla Metals stands at 0.14, as last reported on the 2nd of December, with the highest price reaching 0.15 and the lowest price hitting 0.14 during the day.
If you're considering investing in Rackla Stock, it is important to understand the factors that can impact its price. Rackla Metals is out of control given 3 months investment horizon. Rackla Metals maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.66% are justified by taking the suggested risk. Use Rackla Metals Semi Deviation of 5.84, coefficient of variation of 657.69, and Risk Adjusted Performance of 0.1255 to evaluate company specific risk that cannot be diversified away.
At this time, Rackla Metals' Total Stockholder Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 82.9 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 39.3 M in 2024. . Rackla Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.1201 | 50 Day MA 0.1037 | Beta 1.447 |
Rackla |
Sharpe Ratio = 0.1674
| Best Portfolio | Best Equity | |||
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| Average Returns | RAK | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.9 actual daily | 88 88% of assets are less volatile |
Expected Return
| 1.66 actual daily | 33 67% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Rackla Metals is performing at about 13% of its full potential. 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 Rackla Metals by adding it to a well-diversified portfolio.
Price Book 3.2692 | Book Value 0.031 | Enterprise Value 11.1 M | Enterprise Value Ebitda (40.58) | Shares Float 61.5 M |
Rackla Metals Valuation on October 10, 2024
It is possible to determine the worth of Rackla Metals on a given historical date. On October 10, 2024 Rackla was worth 0.09 at the beginning of the trading date compared to the closed value of 0.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rackla Metals stock. Still, in general, we apply an absolute valuation method to find Rackla Metals' 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 Rackla Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rackla Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.1 | 0.1 | 0.09 | 0.09 | 221,000 | |
10/10/2024 | 0.09 | 0.09 | 0.08 | 0.08 | 200,464 |
| 0.08 | 0.08 | 0.07 | 0.07 | 21,000 |
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Rackla Metals Trading Date Momentum on October 10, 2024
| On October 11 2024 Rackla Metals was traded for 0.07 at the closing time. The highest daily price throughout the period was 0.08 and the lowest price was 0.07 . The daily volume was 21 K. The net trading volume on 10/11/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 6.25% . The trading delta at closing time to current closing price is 12.50% . |
Rackla Metals Fundamentals Correlations and Trends
By evaluating Rackla Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Rackla Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rackla financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rackla Metals Stock history
Rackla Metals 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 Rackla is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rackla Metals 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 Rackla Metals stock prices may prove useful in developing a viable investing in Rackla Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 71.4 M | 39.3 M | |
| Net Loss | -255.1 K | -267.8 K |
Rackla Metals Stock Technical Analysis
Rackla Metals 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
Rackla Metals Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Rackla Metals cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Rackla Metals December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Rackla Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rackla Metals shares will generate the highest return on investment. By undertsting and applying Rackla Metals stock market strength indicators, traders can identify Rackla Metals entry and exit signals to maximize returns
Rackla Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rackla Metals' price direction in advance. Along with the technical and fundamental analysis of Rackla Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rackla 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 | 0.1255 | |||
| Jensen Alpha | 1.38 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.1236 | |||
| Treynor Ratio | 1.5 |
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Additional Tools for Rackla Stock Analysis
When running Rackla Metals' price analysis, check to measure Rackla Metals' 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 Rackla Metals is operating at the current time. Most of Rackla Metals' value examination focuses on studying past and present price action to predict the probability of Rackla Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rackla Metals' price. Additionally, you may evaluate how the addition of Rackla Metals to your portfolios can decrease your overall portfolio volatility.