RED ROCK (UK) Performance

The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. Let's try to break down what RED ROCK's beta means in this case. the returns on MARKET and RED ROCK are completely uncorrelated. Although it is important to respect RED ROCK RESOURCES current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The way of forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating RED ROCK RESOURCES technical indicators, you can today evaluate if the expected return of 0.0% will be sustainable into the future. RED ROCK RESOURCES now holds a risk of 0.0%. Please check RED ROCK RESOURCES standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if RED ROCK RESOURCES will be following its historical price patterns.
RED ROCK Performance
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Over the last 90 days RED ROCK RESOURCES has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively steady basic indicators, RED ROCK is not utilizing all of its potentials. The current stock price chaos, may contribute to medium-term losses for the stakeholders. ...more
Quick Ratio0.01
Fifty Two Week Low0.4500
Target High Price6.00
Fifty Two Week High0.8780
Target Low Price6.00

RED ROCK Relative Risk vs. Return Landscape

If you would invest (100.00)  in RED ROCK RESOURCES on May 10, 2022 and sell it today you would earn a total of  100.00  from holding RED ROCK RESOURCES or generate -100.0% return on investment over 90 days. RED ROCK RESOURCES is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded stocks are less volatile than RED ROCK, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  

RED ROCK Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for RED ROCK's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as RED ROCK RESOURCES, and traders can use it to determine the average amount a RED ROCK's 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 = 0.0

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Based on monthly moving average RED ROCK is performing at about 0% 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 RED ROCK by adding it to a well-diversified portfolio.

Things to note about RED ROCK RESOURCES

Checking the ongoing alerts about RED ROCK for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for RED ROCK RESOURCES help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.


Equity Alerts and Improvement Suggestions

RED ROCK RESOURCES is not yet fully synchronised with the market data
RED ROCK RESOURCES has some characteristics of a very speculative penny stock
RED ROCK RESOURCES has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 1.05 M in total debt with debt to equity ratio (D/E) of 10.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. RED ROCK RESOURCES has a current ratio of 0.9, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist RED ROCK until it has trouble settling it off, either with new capital or with free cash flow. So, RED ROCK's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like RED ROCK RESOURCES sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for RED ROCK to invest in growth at high rates of return. When we think about RED ROCK's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (87.84 K) with loss before overhead, payroll, taxes, and interest of (306.67 K).
RED ROCK RESOURCES has accumulated about 27.06 K in cash with (1.76 M) of positive cash flow from operations.
Check out Your Equity Center. Note that the RED ROCK RESOURCES information on this page should be used as a complementary analysis to other RED ROCK's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Other Tools for RED ROCK Stock

When running RED ROCK RESOURCES price analysis, check to measure RED ROCK's 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 RED ROCK is operating at the current time. Most of RED ROCK's value examination focuses on studying past and present price action to predict the probability of RED ROCK's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move RED ROCK's price. Additionally, you may evaluate how the addition of RED ROCK to your portfolios can decrease your overall portfolio volatility.
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