Rockridge Resources Stock Price on September 11, 2023
| ROCK Stock | CAD 0.01 0.01 25.00% |
Below is the normalized historical share price chart for Rockridge Resources extending back to December 14, 2017. 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 Rockridge Resources stands at 0.01, as last reported on the 26th of December, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day.
If you're considering investing in Rockridge Stock, it is important to understand the factors that can impact its price. Rockridge Resources is out of control given 3 months investment horizon. Rockridge Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We were able to break down twenty different technical indicators, which can help you to evaluate if expected returns of 1.19% are justified by taking the suggested risk. Use Rockridge Resources Variance of 117.28, coefficient of variation of 953.0, and Risk Adjusted Performance of 0.0932 to evaluate company specific risk that cannot be diversified away.
At this time, Rockridge Resources' Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 8.4 M in 2024, whereas Capital Stock is likely to drop slightly above 7.7 M in 2024. . Price Earnings Ratio is likely to drop to -4.12 in 2024. Price Book Value Ratio is likely to drop to 0.51 in 2024. Rockridge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0148 | 50 Day MA 0.0155 | Beta 1.882 |
Rockridge |
Sharpe Ratio = 0.1074
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Estimated Market Risk
| 11.09 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.19 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Rockridge Resources is performing at about 8% 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 Rockridge Resources by adding it to a well-diversified portfolio.
Price Book 0.3013 | Book Value 0.051 | Enterprise Value 1.7 M | Enterprise Value Ebitda (2.81) | Shares Float 114.7 M |
Rockridge Resources Valuation on September 11, 2023
It is possible to determine the worth of Rockridge Resources on a given historical date. On September 11, 2023 Rockridge was worth 0.025 at the beginning of the trading date compared to the closed value of 0.025. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Rockridge Resources stock. Still, in general, we apply an absolute valuation method to find Rockridge 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 Rockridge Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Rockridge Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.02 | 0.03 | 16,950 | |
09/11/2023 | 0.03 | 0.03 | 0.03 | 0.03 | 5,000 |
| 0.03 | 0.03 | 0.03 | 0.03 | 25,000 |
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Rockridge Resources Trading Date Momentum on September 11, 2023
| On September 12 2023 Rockridge Resources was traded for 0.03 at the closing time. The maximum traded price for the trading interval was 0.03 and the lowest daily price was 0.03 . The daily volume was recorded at 25 K. The volume of trading on 12th of September 2023 did not cause price change. The trading delta at closing time to the closing price today is 20.00% . |
Rockridge Resources Fundamentals Correlations and Trends
By evaluating Rockridge 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 Rockridge Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Rockridge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Rockridge Resources Stock history
Rockridge 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 Rockridge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rockridge 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 Rockridge Resources stock prices may prove useful in developing a viable investing in Rockridge Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 121.8 M | 127.9 M | |
| Net Loss | -1 M | -1.1 M |
Rockridge Resources Quarterly Net Working Capital |
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Rockridge Resources Stock Technical Analysis
Rockridge 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
Rockridge Resources Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Rockridge Resources 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.
Rockridge Resources December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Rockridge 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 Rockridge Resources shares will generate the highest return on investment. By undertsting and applying Rockridge Resources stock market strength indicators, traders can identify Rockridge Resources entry and exit signals to maximize returns
Rockridge Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rockridge Resources' price direction in advance. Along with the technical and fundamental analysis of Rockridge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rockridge 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 | 0.0932 | |||
| Jensen Alpha | 1.19 | |||
| Total Risk Alpha | 0.6559 | |||
| Treynor Ratio | (0.58) |
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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.