Ramaco Resources Stock Technical Analysis
| METC Stock | USD 15.65 0.69 4.22% |
As of the 19th of April, Ramaco Resources holds the Coefficient Of Variation of (2,291), risk adjusted performance of (0.02), and Variance of 12.0. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ramaco Resources, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Ramaco Resources, which can be compared to its competitors. Please check Ramaco Resources information ratio and potential upside to decide if Ramaco Resources is priced some-what accurately, providing market reflects its current price of 15.65 per share. Given that Ramaco Resources has information ratio of (0.06), we recommend you to check out Ramaco Resources's recent market performance to make sure the company can sustain itself at a future point.
Ramaco 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 Ramaco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RamacoRamaco |
Ramaco Resources Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 10.25 | Strong Buy | 4 | Odds |
Most Ramaco analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ramaco stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ramaco Resources, talking to its executives and customers, or listening to Ramaco conference calls.
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.
Ramaco Resources Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Ramaco Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ramaco Resources Trend Analysis
Use this graph to draw trend lines for Ramaco Resources. You can use it to identify possible trend reversals for Ramaco 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 Ramaco Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ramaco Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ramaco Resources applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Ramaco Resources market price will keep on failing further. It has 122 observation points and a regression sum of squares at 67.72, which is the sum of squared deviations for the predicted Ramaco Resources price change compared to its average price change.About Ramaco 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 Ramaco 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 Ramaco Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ramaco Resources price pattern first instead of the macroeconomic environment surrounding Ramaco Resources. By analyzing Ramaco 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 Ramaco 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 Ramaco Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0516 | 0.0158 | 0.0185 | Price To Sales Ratio | 0.69 | 2.35 | 2.23 |
Ramaco Resources April 19, 2024 Technical Indicators
Most technical analysis of Ramaco 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 Ramaco from various momentum indicators to cycle indicators. When you analyze Ramaco 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (1.08) | |||
| Mean Deviation | 2.46 | |||
| Coefficient Of Variation | (2,291) | |||
| Standard Deviation | 3.46 | |||
| Variance | 12.0 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (1.09) | |||
| Maximum Drawdown | 18.71 | |||
| Value At Risk | (5.58) | |||
| Potential Upside | 6.9 | |||
| Skewness | (0.30) | |||
| Kurtosis | 1.96 |
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 Stocks Directory module to find actively traded stocks across global markets.
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.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
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 0.584 | Dividend Share 0.5 | Earnings Share 1.73 | Revenue Per Share 14.558 | Quarterly Revenue Growth 0.499 |
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.