Ridgestone Mining's market value is the price at which a share of Ridgestone Mining trades on a public exchange. It measures the collective expectations of Ridgestone Mining investors about its performance. Ridgestone Mining is trading at 0.11 as of the 28th of July 2025. This is a 32.69 percent increase since the beginning of the trading day. The stock's lowest day price was 0.11. With this module, you can estimate the performance of a buy and hold strategy of Ridgestone Mining and determine expected loss or profit from investing in Ridgestone Mining over a given investment horizon. Check out Ridgestone Mining Correlation, Ridgestone Mining Volatility and Ridgestone Mining Alpha and Beta module to complement your research on Ridgestone Mining.
Please note, there is a significant difference between Ridgestone Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ridgestone Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ridgestone Mining's 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.
Ridgestone Mining '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 Ridgestone Mining's pink sheet 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 Ridgestone Mining.
0.00
04/29/2025
No Change 0.00
0.0
In 3 months and 1 day
07/28/2025
0.00
If you would invest 0.00 in Ridgestone Mining on April 29, 2025 and sell it all today you would earn a total of 0.00 from holding Ridgestone Mining or generate 0.0% return on investment in Ridgestone Mining over 90 days. Ridgestone Mining is related to or competes with Nickel Creek, Starr Peak, Temas Resources, and Zinc One. Ridgestone Mining Inc. acquires, explores for, and develops mineral properties in Mexico More
Ridgestone Mining 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 Ridgestone Mining's pink sheet 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 Ridgestone Mining upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ridgestone Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ridgestone Mining's standard deviation. In reality, there are many statistical measures that can use Ridgestone Mining historical prices to predict the future Ridgestone Mining's volatility.
Ridgestone Mining is out of control given 3 months investment horizon. Ridgestone Mining maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13 % return per unit of risk over the last 3 months. We have collected data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.55% are justified by taking the suggested risk. Use Ridgestone Mining Risk Adjusted Performance of 0.1101, coefficient of variation of 769.83, and Semi Deviation of 5.27 to evaluate company specific risk that cannot be diversified away. Ridgestone Mining holds a performance score of 10 on a scale of zero to a hundred. The company holds a Beta of 2.39, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ridgestone Mining will likely underperform. Use Ridgestone Mining jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and daily balance of power , to analyze future returns on Ridgestone Mining.
Auto-correlation
0.55
Modest predictability
Ridgestone Mining has modest predictability. Overlapping area represents the amount of predictability between Ridgestone Mining time series from 29th of April 2025 to 13th of June 2025 and 13th of June 2025 to 28th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ridgestone Mining price movement. The serial correlation of 0.55 indicates that about 55.0% of current Ridgestone Mining price fluctuation can be explain by its past prices.
Correlation Coefficient
0.55
Spearman Rank Test
0.27
Residual Average
0.0
Price Variance
0.0
Ridgestone Mining lagged returns against current returns
Autocorrelation, which is Ridgestone Mining pink sheet'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 Ridgestone Mining's pink sheet expected returns. We can calculate the autocorrelation of Ridgestone Mining returns to help us make a trade decision. For example, suppose you find that Ridgestone Mining has exhibited high autocorrelation historically, and you observe that the pink sheet 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
Ridgestone Mining 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 Ridgestone Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ridgestone Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ridgestone Mining pink sheet over time.
Current vs Lagged Prices
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Ridgestone Mining Lagged Returns
When evaluating Ridgestone Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ridgestone Mining pink sheet have on its future price. Ridgestone Mining 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, Ridgestone Mining autocorrelation shows the relationship between Ridgestone Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ridgestone Mining.
Other Information on Investing in Ridgestone Pink Sheet
Ridgestone Mining financial ratios help investors to determine whether Ridgestone Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ridgestone with respect to the benefits of owning Ridgestone Mining security.