Re Royalties Stock Performance
| RROYF Stock | USD 0.37 0.01 2.78% |
On a scale of 0 to 100, RE Royalties holds a performance score of 4. The company owns a Beta (Systematic Risk) of 2.65, 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, RE Royalties will likely underperform. Please check RE Royalties' variance, as well as the relationship between the skewness and day typical price , to make a quick decision on whether RE Royalties' current price history will revert.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in RE Royalties are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, RE Royalties reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 11.7 M | |
| Free Cash Flow | -8.9 M |
RROYF |
RE Royalties Relative Risk vs. Return Landscape
If you would invest 34.00 in RE Royalties on February 5, 2024 and sell it today you would earn a total of 3.00 from holding RE Royalties or generate 8.82% return on investment over 90 days. RE Royalties is currently producing 0.7026% returns and takes up 11.3596% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than RROYF, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
RE Royalties Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for RE Royalties' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as RE Royalties, and traders can use it to determine the average amount a RE Royalties' 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 = 0.0619
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | RROYF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 11.36 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average RE Royalties is performing at about 4% 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 RE Royalties by adding it to a well-diversified portfolio.
RE Royalties Fundamentals Growth
RROYF OTC Stock prices reflect investors' perceptions of the future prospects and financial health of RE Royalties, and RE Royalties fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on RROYF OTC Stock performance.
| Return On Equity | -0.0011 | |||
| Return On Asset | -6.0E-4 | |||
| Profit Margin | (0.05) % | |||
| Operating Margin | (0.49) % | |||
| Current Valuation | 32.39 M | |||
| Shares Outstanding | 43.13 M | |||
| Price To Book | 1.50 X | |||
| Price To Sales | 13.46 X | |||
| Revenue | 1.93 M | |||
| EBITDA | (1.04 M) | |||
| Cash And Equivalents | 10.02 M | |||
| Cash Per Share | 0.23 X | |||
| Total Debt | 20.52 M | |||
| Debt To Equity | 1.01 % | |||
| Book Value Per Share | 0.49 X | |||
| Cash Flow From Operations | 143.31 K | |||
| Total Asset | 35.19 M | |||
About RE Royalties Performance
To evaluate RE Royalties OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when RE Royalties generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare RROYF OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand RE Royalties market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents RROYF's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.RE Royalties Ltd. engages in the acquisition of revenue-based royalties from renewable energy generation facilities and other clean energy technologies by providing a non-dilutive royalty financing solution to privately held and publicly traded renewable energy generation and development companies, and clean energy technology companies. As of April 25, 2022, it owned a portfolio 104 royalties on solar, wind, hydro, battery storage, and renewable natural gas projects in Canada, Europe, and the United States. Re Royalties operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 6 people.Things to note about RE Royalties performance evaluation
Checking the ongoing alerts about RE Royalties for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for RE Royalties help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| RE Royalties is way too risky over 90 days horizon | |
| RE Royalties has some characteristics of a very speculative penny stock | |
| RE Royalties appears to be risky and price may revert if volatility continues | |
| RE Royalties has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.93 M. Net Loss for the year was (2.13 M) with profit before overhead, payroll, taxes, and interest of 858.49 K. | |
| About 24.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing RE Royalties' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether RE Royalties' stock is overvalued or undervalued compared to its peers.
- Examining RE Royalties' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating RE Royalties' management team can have a significant impact on its success or failure. Reviewing the track record and experience of RE Royalties' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of RE Royalties' otc stock. These opinions can provide insight into RE Royalties' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RE Royalties. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for RROYF OTC Stock analysis
When running RE Royalties' price analysis, check to measure RE Royalties' 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 RE Royalties is operating at the current time. Most of RE Royalties' value examination focuses on studying past and present price action to predict the probability of RE Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RE Royalties' price. Additionally, you may evaluate how the addition of RE Royalties to your portfolios can decrease your overall portfolio volatility.
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