Rubellite Energy Stock Price on November 12, 2024
| RBY Stock | 2.18 0.01 0.46% |
If you're considering investing in Rubellite Stock, it is important to understand the factors that can impact its price. As of today, the current price of Rubellite Energy stands at 2.18, as last reported on the 23rd of January, with the highest price reaching 2.18 and the lowest price hitting 2.12 during the day. As of now, Rubellite Stock is very risky. Rubellite Energy maintains Sharpe Ratio (i.e., Efficiency) of 0.0225, which implies the firm had a 0.0225 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rubellite Energy, which you can use to evaluate the volatility of the company. Please check Rubellite Energy's Risk Adjusted Performance of 0.0281, coefficient of variation of 4045.57, and Semi Deviation of 2.98 to confirm if the risk estimate we provide is consistent with the expected return of 0.0697%.
Rubellite Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Rubellite |
Sharpe Ratio = 0.0225
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| Cash | Small Risk | RBY | High Risk | Huge Risk |
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Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Rubellite Energy is performing at about 1% 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 Rubellite Energy by adding it to a well-diversified portfolio.
Rubellite Energy Valuation on November 12, 2024
It is possible to determine the worth of Rubellite Energy on a given historical date. On November 12, 2024 Rubellite was worth 2.12 at the beginning of the trading date compared to the closed value of 2.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rubellite Energy stock. Still, in general, we apply an absolute valuation method to find Rubellite Energy's 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 Rubellite Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rubellite Energy's related companies.
| Open | High | Low | Close | Volume | |
| 2.07 | 2.10 | 2.05 | 2.07 | 14,002 | |
11/12/2024 | 2.12 | 2.12 | 2.05 | 2.05 | 13,500 |
| 2.05 | 2.06 | 1.98 | 2.02 | 55,355 |
| Backtest Rubellite Energy | | | Rubellite Energy History | | | Rubellite Energy Valuation | Previous | Next |
Rubellite Energy Trading Date Momentum on November 12, 2024
| On November 13 2024 Rubellite Energy was traded for 2.02 at the closing time. The maximum traded price for the trading interval was 2.06 and the lowest daily price was 1.98 . The daily volume was recorded at 55.4 K. The volume of trading on 13th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.46% . The trading delta at closing time to the closing price today is 13.66% . |
Rubellite Energy Fundamentals Correlations and Trends
By evaluating Rubellite Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Rubellite Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rubellite financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rubellite Energy Stock history
Rubellite Energy 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 Rubellite is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rubellite Energy 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 Rubellite Energy stock prices may prove useful in developing a viable investing in Rubellite Energy
Rubellite Energy Stock Technical Analysis
Rubellite Energy 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
Rubellite Energy Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
Rubellite Energy cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Rubellite Energy January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how Rubellite Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rubellite Energy shares will generate the highest return on investment. By undertsting and applying Rubellite Energy stock market strength indicators, traders can identify Rubellite Energy entry and exit signals to maximize returns
Rubellite Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rubellite Energy's price direction in advance. Along with the technical and fundamental analysis of Rubellite Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rubellite 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 | 0.0281 | |||
| Jensen Alpha | 0.0668 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0127 | |||
| Treynor Ratio | (2.33) |
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Other Information on Investing in Rubellite Stock
Rubellite Energy financial ratios help investors to determine whether Rubellite Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rubellite with respect to the benefits of owning Rubellite Energy security.