Rockridge Resources Stock Market Value
| ROCK Stock | CAD 0.72 0.01 1.41% |
| Symbol | Rockridge |
Rockridge 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 Rockridge 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 Rockridge Resources.
| 07/24/2025 |
| 08/23/2025 |
If you would invest 0.00 in Rockridge Resources on July 24, 2025 and sell it all today you would earn a total of 0.00 from holding Rockridge Resources or generate 0.0% return on investment in Rockridge Resources over 30 days. Rockridge Resources is related to or competes with Surge Copper, Stillwater Critical, Rover Metals, and Scottie Resources. Rockridge Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada More
Rockridge 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 Rockridge 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 Rockridge Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.47 | |||
| Information Ratio | 0.0281 | |||
| Maximum Drawdown | 8.58 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 3.08 |
Rockridge Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rockridge Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rockridge Resources' standard deviation. In reality, there are many statistical measures that can use Rockridge Resources historical prices to predict the future Rockridge Resources' volatility.| Risk Adjusted Performance | 0.0619 | |||
| Jensen Alpha | 0.1959 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0254 | |||
| Treynor Ratio | (0.38) |
Rockridge Resources Backtested Returns
At this stage we consider Rockridge Stock to be dangerous. Rockridge Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.0842, which implies the firm had a 0.0842 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rockridge Resources, which you can use to evaluate the volatility of the company. Please check Rockridge Resources' Risk Adjusted Performance of 0.0619, coefficient of variation of 1336.04, and Semi Deviation of 1.72 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Rockridge Resources has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of -0.41, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Rockridge Resources are expected to decrease at a much lower rate. During the bear market, Rockridge Resources is likely to outperform the market. Rockridge Resources right now holds a risk of 2.22%. Please check Rockridge Resources coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Rockridge Resources will be following its historical price patterns.
Auto-correlation | -0.93 |
Near perfect reversele predictability
Rockridge Resources has near perfect reversele predictability. Overlapping area represents the amount of predictability between Rockridge Resources time series from 24th of July 2025 to 8th of August 2025 and 8th of August 2025 to 23rd of August 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 Rockridge Resources price movement. The serial correlation of -0.93 indicates that approximately 93.0% of current Rockridge Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.93 | |
| Spearman Rank Test | -0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rockridge Resources lagged returns against current returns
Autocorrelation, which is Rockridge 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 Rockridge Resources' stock expected returns. We can calculate the autocorrelation of Rockridge Resources returns to help us make a trade decision. For example, suppose you find that Rockridge 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 |
Rockridge 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 Rockridge Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rockridge Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rockridge Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Rockridge Resources Lagged Returns
When evaluating Rockridge Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rockridge Resources stock have on its future price. Rockridge 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, Rockridge Resources autocorrelation shows the relationship between Rockridge Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Rockridge Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Rockridge Stock Analysis
When running Rockridge Resources' price analysis, check to measure Rockridge 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 Rockridge Resources is operating at the current time. Most of Rockridge Resources' value examination focuses on studying past and present price action to predict the probability of Rockridge Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rockridge Resources' price. Additionally, you may evaluate how the addition of Rockridge Resources to your portfolios can decrease your overall portfolio volatility.