Royal Road Minerals Stock Price on July 2, 2024
| RYR Stock | CAD 0.10 0.00 0.00% |
Below is the normalized historical share price chart for Royal Road Minerals extending back to March 28, 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 Royal Road stands at 0.10, as last reported on the 29th of December, with the highest price reaching 0.10 and the lowest price hitting 0.10 during the day.
If you're considering investing in Royal Stock, it is important to understand the factors that can impact its price. Royal Road Minerals maintains Sharpe Ratio (i.e., Efficiency) of -0.0234, which implies the firm had a -0.0234% return per unit of risk over the last 3 months. Royal Road Minerals exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Royal Road's Risk Adjusted Performance of (0.01), variance of 30.87, and Coefficient Of Variation of (4,378) to confirm the risk estimate we provide.
At this time, Royal Road's Sale Purchase Of Stock is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 688.9 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 13.2 M in 2024. . At this time, Royal Road's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 3.64 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (0.07) in 2024. Royal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.1077 | 50 Day MA 0.108 | Beta 1.189 |
Royal |
Sharpe Ratio = -0.0234
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Estimated Market Risk
| 5.69 actual daily | 50 50% of assets are less volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Royal Road 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 Royal Road by adding Royal Road to a well-diversified portfolio.
Price Book 2.4288 | Book Value 0.052 | Enterprise Value 16.4 M | Enterprise Value Ebitda (1.49) | Shares Float 209.6 M |
Royal Road Valuation on July 2, 2024
It is possible to determine the worth of Royal Road on a given historical date. On July 2, 2024 Royal was worth 0.1 at the beginning of the trading date compared to the closed value of 0.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Royal Road stock. Still, in general, we apply an absolute valuation method to find Royal Road'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 Royal Road where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Royal Road's related companies.
| Open | High | Low | Close | Volume | |
| 0.10 | 0.10 | 0.10 | 0.10 | 5,000 | |
07/02/2024 | 0.10 | 0.10 | 0.10 | 0.10 | 1.00 |
| 0.10 | 0.10 | 0.10 | 0.10 | 1.00 |
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Royal Road Trading Date Momentum on July 2, 2024
| On July 03 2024 Royal Road Minerals was traded for 0.10 at the closing time. The highest daily price throughout the period was 0.10 and the lowest price was 0.10 . There was no trading activity during the period 1.0. Lack of trading volume on 07/03/2024 did not cause price change. The trading delta at closing time to current closing price is 10.00% . |
Royal Road Minerals Fundamentals Correlations and Trends
By evaluating Royal Road'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 Royal Road's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Royal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Royal Road Stock history
Royal Road 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 Royal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Royal Road Minerals 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 Royal Road stock prices may prove useful in developing a viable investing in Royal Road
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 305.6 M | 169.5 M | |
| Net Loss | -11.1 M | -10.5 M |
Royal Road Quarterly Net Working Capital |
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Royal Road Stock Technical Analysis
Royal Road 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
Royal Road Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Royal Road Minerals 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.
Royal Road December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Royal Road stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Royal Road shares will generate the highest return on investment. By undertsting and applying Royal Road stock market strength indicators, traders can identify Royal Road Minerals entry and exit signals to maximize returns
Royal Road Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Royal Road's price direction in advance. Along with the technical and fundamental analysis of Royal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Royal 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 | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.1165 |
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Additional Tools for Royal Stock Analysis
When running Royal Road's price analysis, check to measure Royal Road's 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 Royal Road is operating at the current time. Most of Royal Road's value examination focuses on studying past and present price action to predict the probability of Royal Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Road's price. Additionally, you may evaluate how the addition of Royal Road to your portfolios can decrease your overall portfolio volatility.