Ramp Metals Stock Price on July 26, 2024
| RAMP Stock | 0.74 0.03 4.23% |
If you're considering investing in Ramp Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ramp Metals stands at 0.74, as last reported on the 21st of December, with the highest price reaching 0.75 and the lowest price hitting 0.74 during the day. Ramp Metals appears to be abnormally volatile, given 3 months investment horizon. Ramp Metals maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Ramp Metals' technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please evaluate Ramp Metals' Coefficient Of Variation of 795.01, risk adjusted performance of 0.1078, and Semi Deviation of 3.25 to confirm if our risk estimates are consistent with your expectations.
Ramp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ramp |
Sharpe Ratio = 0.1415
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Estimated Market Risk
| 4.34 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Ramp Metals is performing at about 11% 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 Ramp Metals by adding it to a well-diversified portfolio.
Book Value 0.045 | Enterprise Value 25.6 M | Shares Float 15.6 M | Shares Outstanding 39.7 M | Market Capitalization 26.2 M |
Ramp Metals Valuation on July 26, 2024
It is possible to determine the worth of Ramp Metals on a given historical date. On July 26, 2024 Ramp was worth 0.83 at the beginning of the trading date compared to the closed value of 0.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ramp Metals stock. Still, in general, we apply an absolute valuation method to find Ramp 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 Ramp Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ramp Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.83 | 0.84 | 0.82 | 0.84 | 26,630 | |
07/26/2024 | 0.83 | 0.84 | 0.82 | 0.82 | 109,150 |
| 0.88 | 0.88 | 0.83 | 0.84 | 25,930 |
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Ramp Metals Trading Date Momentum on July 26, 2024
| On July 29 2024 Ramp Metals was traded for 0.84 at the closing time. The maximum traded price for the trading interval was 0.88 and the lowest daily price was 0.83 . The daily volume was recorded at 25.9 K. The volume of trading on 29th of July 2024 played a part in the next trading day price increase. The trading delta at closing time to the next closing price was 2.44% . The trading delta at closing time to the closing price today is 9.76% . |
Ramp Metals Fundamentals Correlations and Trends
By evaluating Ramp 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 Ramp Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ramp financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ramp Metals Stock history
Ramp 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 Ramp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ramp 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 Ramp Metals stock prices may prove useful in developing a viable investing in Ramp Metals
Ramp Metals Stock Technical Analysis
Ramp 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
Ramp Metals Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Ramp 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.
Ramp Metals December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Ramp 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 Ramp Metals shares will generate the highest return on investment. By undertsting and applying Ramp Metals stock market strength indicators, traders can identify Ramp Metals entry and exit signals to maximize returns
Ramp Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ramp Metals' price direction in advance. Along with the technical and fundamental analysis of Ramp Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ramp 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 | 0.1078 | |||
| Jensen Alpha | 0.5227 | |||
| Total Risk Alpha | 0.4097 | |||
| Sortino Ratio | 0.132 | |||
| Treynor Ratio | 1.64 |
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Additional Tools for Ramp Stock Analysis
When running Ramp Metals' price analysis, check to measure Ramp 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 Ramp Metals is operating at the current time. Most of Ramp Metals' value examination focuses on studying past and present price action to predict the probability of Ramp Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ramp Metals' price. Additionally, you may evaluate how the addition of Ramp Metals to your portfolios can decrease your overall portfolio volatility.