Renforth Resources Inc. announced that it has received CAD 0.2875 million in funding - Marketscreener.com
| RFHRF Stock | USD 0.01 0.0002 2.27% |
Roughly 56% of all Renforth Resources' stockholders are looking to take a long position. The analysis of current outlook of investing in Renforth Resources suggests that some traders are interested regarding Renforth Resources' prospects. The current market sentiment, together with Renforth Resources' historical and current headlines, can help investors time the market. In addition, many technical investors use Renforth Resources stock news signals to limit their universe of possible portfolio assets.
Renforth Resources otc stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Renforth daily returns and investor perception about the current price of Renforth Resources as well as its diversification or hedging effects on your existing portfolios.
Renforth |
Renforth Resources Inc. announced that it has received CAD 0.2875 million in funding Marketscreener.com
Read at news.google.com
 |
Renforth Resources Fundamental Analysis
We analyze Renforth Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renforth Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renforth Resources based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Renforth Resources is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Renforth Resources Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Renforth Resources otc stock to make a market-neutral strategy. Peer analysis of Renforth Resources could also be used in its relative valuation, which is a method of valuing Renforth Resources by comparing valuation metrics with similar companies.
Peers
Renforth Resources Related Equities
| WHGOF | White Gold | 6.67 | ||||
| IEGCF | Independence Gold | 6.25 | ||||
| HSTXF | Heliostar Metals | 4.55 | ||||
| AIRRF | Aurion Resources | 4.26 | ||||
| QUEXF | Q2 Metals | 4.48 | ||||
| GSHRF | Goldshore Resources | 5.26 | ||||
| CGLCF | Cassiar Gold | 6.67 | ||||
| GPTRF | Grande Portage | 6.67 |
Complementary Tools for Renforth OTC Stock analysis
When running Renforth Resources' price analysis, check to measure Renforth 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 Renforth Resources is operating at the current time. Most of Renforth Resources' value examination focuses on studying past and present price action to predict the probability of Renforth Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renforth Resources' price. Additionally, you may evaluate how the addition of Renforth Resources to your portfolios can decrease your overall portfolio volatility.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |