Noble Rock Acquisition Performance
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Noble Rock are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Noble Rock Acquisition has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Noble Rock is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 207.2 K |
Noble |
Noble Rock Relative Risk vs. Return Landscape
If you would invest (100.00) in Noble Rock Acquisition on December 24, 2024 and sell it today you would earn a total of 100.00 from holding Noble Rock Acquisition or generate -100.0% return on investment over 90 days. Noble Rock Acquisition is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Noble, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Noble Rock Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Noble Rock's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Noble Rock Acquisition, and traders can use it to determine the average amount a Noble Rock's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| NRAC |
Based on monthly moving average Noble Rock 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 Noble Rock by adding Noble Rock to a well-diversified portfolio.
Noble Rock Fundamentals Growth
Noble Stock prices reflect investors' perceptions of the future prospects and financial health of Noble Rock, and Noble Rock fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Noble Stock performance.
| Return On Asset | -0.0131 | |||
| Current Valuation | 88.32 M | |||
| Shares Outstanding | 7.95 M | |||
| Price To Earning | 37.04 X | |||
| Price To Book | 5.40 X | |||
| EBITDA | (1.51 M) | |||
| Cash And Equivalents | 406.5 K | |||
| Cash Per Share | 0.01 X | |||
| Book Value Per Share | (0.54) X | |||
| Cash Flow From Operations | (266.23 K) | |||
| Earnings Per Share | 0.05 X | |||
| Total Asset | 245.09 M | |||
| Retained Earnings | (10.65 M) | |||
Things to note about Noble Rock Acquisition performance evaluation
Checking the ongoing alerts about Noble Rock for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Noble Rock Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Noble Rock is not yet fully synchronised with the market data | |
| Noble Rock has some characteristics of a very speculative penny stock | |
| Noble Rock has a very high chance of going through financial distress in the upcoming years | |
| Noble Rock Acquisition currently holds about 406.5 K in cash with (266.23 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Noble Rock's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Noble Rock's stock is overvalued or undervalued compared to its peers.
- Examining Noble Rock's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Noble Rock's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Noble Rock's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Noble Rock's stock. These opinions can provide insight into Noble Rock's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Noble Stock
If you are still planning to invest in Noble Rock Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Noble Rock's history and understand the potential risks before investing.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Stocks Directory Find actively traded stocks across global markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |