Rockridge Resources Stock Technical Analysis
| ROCK Stock | CAD 0.01 0.01 25.00% |
As of the 26th of December, Rockridge Resources holds the Variance of 117.28, risk adjusted performance of 0.0932, and Coefficient Of Variation of 953.0. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rockridge Resources, as well as the relationship between them. Please check Rockridge Resources coefficient of variation, variance, treynor ratio, as well as the relationship between the standard deviation and total risk alpha to decide if Rockridge Resources is priced some-what accurately, providing market reflects its current price of 0.015 per share.
Rockridge Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Rockridge, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RockridgeRockridge |
Rockridge Resources 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.
Rockridge Resources Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Rockridge Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Rockridge Resources Trend Analysis
Use this graph to draw trend lines for Rockridge Resources. You can use it to identify possible trend reversals for Rockridge Resources as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Rockridge Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Rockridge Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Rockridge Resources applied against its price change over selected period. The best fit line has a slop of 0.000012 , which means Rockridge Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Rockridge Resources price change compared to its average price change.About Rockridge Resources Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Rockridge Resources on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Rockridge Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Rockridge Resources price pattern first instead of the macroeconomic environment surrounding Rockridge Resources. By analyzing Rockridge Resources's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Rockridge Resources's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Rockridge Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Current Ratio | 21.55 | 4.56 | 8.37 | 7.96 | Net Debt To EBITDA | 0.85 | 0.89 | 1.03 | 0.98 |
Rockridge Resources December 26, 2024 Technical Indicators
Most technical analysis of Rockridge help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Rockridge from various momentum indicators to cycle indicators. When you analyze Rockridge charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0932 | |||
| Market Risk Adjusted Performance | (0.57) | |||
| Mean Deviation | 4.41 | |||
| Coefficient Of Variation | 953.0 | |||
| Standard Deviation | 10.83 | |||
| Variance | 117.28 | |||
| Information Ratio | 0.1008 | |||
| Jensen Alpha | 1.19 | |||
| Total Risk Alpha | 0.6559 | |||
| Treynor Ratio | (0.58) | |||
| Maximum Drawdown | 75.0 | |||
| Potential Upside | 33.33 | |||
| Skewness | 2.04 | |||
| Kurtosis | 9.52 |
Additional Tools for Rockridge Stock Analysis
When running Rockridge Resources' price analysis, check to measure Rockridge 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 Rockridge Resources is operating at the current time. Most of Rockridge Resources' value examination focuses on studying past and present price action to predict the probability of Rockridge Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rockridge Resources' price. Additionally, you may evaluate how the addition of Rockridge Resources to your portfolios can decrease your overall portfolio volatility.