Ramaco Resources Stock Market Value
| METC Stock | USD 15.59 0.06 0.38% |
| Symbol | Ramaco |
Ramaco Resources Price To Book Ratio
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.
Ramaco Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ramaco Resources' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ramaco Resources.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Ramaco Resources on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Ramaco Resources or generate 0.0% return on investment in Ramaco Resources over 30 days. Ramaco Resources is related to or competes with Arch Resources, Alpha Metallurgical, and American Resources. Ramaco Resources, Inc. produces and sells metallurgical coal More
Ramaco Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ramaco Resources' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ramaco Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 18.71 | |||
| Value At Risk | (5.58) | |||
| Potential Upside | 6.9 |
Ramaco Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ramaco Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ramaco Resources' standard deviation. In reality, there are many statistical measures that can use Ramaco Resources historical prices to predict the future Ramaco Resources' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (1.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ramaco Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ramaco Resources Backtested Returns
Ramaco Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.0752, which implies the firm had a -0.0752% return per unit of risk over the last 3 months. Ramaco Resources exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ramaco Resources' Variance of 12.0, coefficient of variation of (2,291), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The company holds a Beta of 0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, Ramaco Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ramaco Resources is expected to be smaller as well. Ramaco Resources has an expected return of -0.25%. Please make sure to check Ramaco Resources potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Ramaco Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.05 |
Virtually no predictability
Ramaco Resources has virtually no predictability. Overlapping area represents the amount of predictability between Ramaco Resources time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ramaco Resources price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Ramaco Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Ramaco Resources lagged returns against current returns
Autocorrelation, which is Ramaco Resources stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ramaco Resources' stock expected returns. We can calculate the autocorrelation of Ramaco Resources returns to help us make a trade decision. For example, suppose you find that Ramaco Resources has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Ramaco Resources regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ramaco Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ramaco Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ramaco Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Ramaco Resources Lagged Returns
When evaluating Ramaco Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ramaco Resources stock have on its future price. Ramaco Resources autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ramaco Resources autocorrelation shows the relationship between Ramaco Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Ramaco Resources.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ramaco Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ramaco Resources' short interest history, or implied volatility extrapolated from Ramaco Resources options trading.
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Try AI Portfolio ArchitectCheck out Ramaco Resources Correlation, Ramaco Resources Volatility and Ramaco Resources Alpha and Beta module to complement your research on Ramaco Resources. For information on how to trade Ramaco Stock refer to our How to Trade Ramaco Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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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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.