Rockhaven Resources Stock Performance
| RK Stock | CAD 0.08 0.01 11.11% |
Rockhaven Resources holds a performance score of 10 on a scale of zero to a hundred. The company holds a Beta of -1.51, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Rockhaven Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Rockhaven Resources is expected to outperform it. Use Rockhaven Resources information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to analyze future returns on Rockhaven Resources.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Rockhaven Resources are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Rockhaven Resources showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Discover 3 Canadian Penny Stocks On TSX With Over CA20M Market Cap - Yahoo Finance | 11/28/2024 |
| Begin Period Cash Flow | 77.1 K |
Rockhaven |
Rockhaven Resources Relative Risk vs. Return Landscape
If you would invest 5.00 in Rockhaven Resources on September 28, 2024 and sell it today you would earn a total of 3.00 from holding Rockhaven Resources or generate 60.0% return on investment over 90 days. Rockhaven Resources is currently generating 1.058% in daily expected returns and assumes 7.8622% risk (volatility on return distribution) over the 90 days horizon. In different words, 70% of stocks are less volatile than Rockhaven, and 79% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Rockhaven Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rockhaven Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Rockhaven Resources, and traders can use it to determine the average amount a Rockhaven Resources' 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 = 0.1346
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | RK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.86 actual daily | 69 69% of assets are less volatile |
Expected Return
| 1.06 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Rockhaven Resources is performing at about 10% 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 Rockhaven Resources by adding it to a well-diversified portfolio.
Rockhaven Resources Fundamentals Growth
Rockhaven Stock prices reflect investors' perceptions of the future prospects and financial health of Rockhaven Resources, and Rockhaven Resources 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 Rockhaven Stock performance.
| Return On Equity | -0.0059 | ||||
| Return On Asset | -0.0036 | ||||
| Current Valuation | 20.29 M | ||||
| Shares Outstanding | 276.14 M | ||||
| Price To Earning | (12.73) X | ||||
| Price To Book | 0.46 X | ||||
| EBITDA | (600.4 K) | ||||
| Net Income | (454.88 K) | ||||
| Cash And Equivalents | 4.73 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 3.82 M | ||||
| Debt To Equity | 0.03 % | ||||
| Current Ratio | 3.33 X | ||||
| Book Value Per Share | 0.16 X | ||||
| Cash Flow From Operations | (326.46 K) | ||||
| Market Capitalization | 20.71 M | ||||
| Total Asset | 49.13 M | ||||
| Retained Earnings | (13.21 M) | ||||
| Working Capital | 949.51 K | ||||
About Rockhaven Resources Performance
Evaluating Rockhaven Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Rockhaven Resources has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Rockhaven Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.01) | (0.01) |
Things to note about Rockhaven Resources performance evaluation
Checking the ongoing alerts about Rockhaven Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Rockhaven Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Rockhaven Resources is way too risky over 90 days horizon | |
| Rockhaven Resources has some characteristics of a very speculative penny stock | |
| Rockhaven Resources appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (454.88 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Rockhaven Resources currently holds about 4.73 M in cash with (326.46 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 41.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Rockhaven Resources' 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 Rockhaven Resources' stock is overvalued or undervalued compared to its peers.
- Examining Rockhaven Resources' 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 Rockhaven Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Rockhaven Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Rockhaven Resources' stock. These opinions can provide insight into Rockhaven Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Rockhaven Stock Analysis
When running Rockhaven Resources' price analysis, check to measure Rockhaven 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 Rockhaven Resources is operating at the current time. Most of Rockhaven Resources' value examination focuses on studying past and present price action to predict the probability of Rockhaven Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rockhaven Resources' price. Additionally, you may evaluate how the addition of Rockhaven Resources to your portfolios can decrease your overall portfolio volatility.