Ramaco Resources Stock Price on December 31, 2022
| METC Stock | USD 14.15 0.33 2.39% |
Below is the normalized historical share price chart for Ramaco Resources extending back to February 03, 2017. 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 Ramaco Resources stands at 14.15, as last reported on the 2nd of June, with the highest price reaching 14.40 and the lowest price hitting 13.91 during the day.
If you're considering investing in Ramaco Stock, it is important to understand the factors that can impact its price. Ramaco Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.0929, which implies the firm had a -0.0929% return per unit of risk over the last 3 months. Ramaco Resources exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ramaco Resources' Variance of 13.13, coefficient of variation of (1,746), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
At present, Ramaco Resources' Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 291 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 51.2 M. . At present, Ramaco Resources' Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 10.63, whereas Price To Sales Ratio is forecasted to decline to 2.23. Ramaco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of February 2017 | 200 Day MA 14.7937 | 50 Day MA 15.2828 | Beta 1.078 |
Ramaco |
Sharpe Ratio = -0.0929
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Estimated Market Risk
| 3.63 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ramaco Resources 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 Ramaco Resources by adding Ramaco Resources to a well-diversified portfolio.
Price Book 2.2566 | Enterprise Value Ebitda 5.0928 | Price Sales 1.1479 | Shares Float 31.4 M | Dividend Share 0.513 |
Ramaco Resources Valuation on December 31, 2022
It is possible to determine the worth of Ramaco Resources on a given historical date. On December 31, 2022 Ramaco was worth 8.55 at the beginning of the trading date compared to the closed value of 6.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ramaco Resources stock. Still, in general, we apply an absolute valuation method to find Ramaco Resources' 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 Ramaco Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ramaco Resources' related companies.
| Open | High | Low | Close | Volume | |
| 8.45 | 8.69 | 6.63 | 6.63 | 282,785 | |
12/30/2022 | 8.55 | 8.69 | 6.66 | 6.66 | 345,671 |
| 8.63 | 8.69 | 6.39 | 6.39 | 551,174 |
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Ramaco Resources Trading Date Momentum on December 31, 2022
| On January 03 2023 Ramaco Resources was traded for 6.39 at the closing time. The top price for the day was 8.69 and the lowest listed price was 6.39 . The trading volume for the day was 551.2 K. The trading history from January 3, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.05% . The trading delta at closing time against the current closing price is 36.19% . |
Ramaco Resources Fundamentals Correlations and Trends
By evaluating Ramaco Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ramaco Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ramaco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ramaco Resources Stock history
Ramaco Resources 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 Ramaco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ramaco Resources 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 Ramaco Resources stock prices may prove useful in developing a viable investing in Ramaco Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 96.6 M | 51.2 M | |
| Net Income Applicable To Common Shares | 45.7 M | 48 M |
Ramaco Resources Stock Technical Analysis
Ramaco 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.
Price Boundaries
Ramaco Resources Period Price Range
Low | December 30, 2022
| High |
8.55 | 6.66 |
Ramaco Resources June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Ramaco Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ramaco Resources shares will generate the highest return on investment. By undertsting and applying Ramaco Resources stock market strength indicators, traders can identify Ramaco Resources entry and exit signals to maximize returns
Ramaco Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ramaco Resources' price direction in advance. Along with the technical and fundamental analysis of Ramaco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ramaco 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 | (0.03) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (2.84) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ramaco Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Ramaco Stock refer to our How to Trade Ramaco Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Ramaco Stock analysis
When running Ramaco Resources' price analysis, check to measure Ramaco 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 Ramaco Resources is operating at the current time. Most of Ramaco Resources' value examination focuses on studying past and present price action to predict the probability of Ramaco Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ramaco Resources' price. Additionally, you may evaluate how the addition of Ramaco Resources to your portfolios can decrease your overall portfolio volatility.
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Is Ramaco Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ramaco Resources. If investors know Ramaco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ramaco Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Dividend Share 0.513 | Earnings Share 1.2 | Revenue Per Share 14.19 | Quarterly Revenue Growth 0.038 |
The market value of Ramaco Resources is measured differently than its book value, which is the value of Ramaco that is recorded on the company's balance sheet. Investors also form their own opinion of Ramaco Resources' value that differs from its market value or its book value, called intrinsic value, which is Ramaco Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ramaco Resources' market value can be influenced by many factors that don't directly affect Ramaco Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ramaco Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ramaco Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ramaco Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.