Reservoir Media Stock Price on April 23, 2024
| RSVR Stock | USD 8.04 0.23 2.78% |
If you're considering investing in Reservoir Stock, it is important to understand the factors that can impact its price. As of today, the current price of Reservoir Media stands at 8.04, as last reported on the 1st of June, with the highest price reaching 8.27 and the lowest price hitting 8.00 during the day. We consider Reservoir Media not too volatile. Reservoir Media maintains Sharpe Ratio (i.e., Efficiency) of 0.0913, which implies the firm had a 0.0913% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Reservoir Media, which you can use to evaluate the volatility of the company. Please check Reservoir Media's Risk Adjusted Performance of 0.0746, coefficient of variation of 921.11, and Semi Deviation of 1.31 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
At this time, Reservoir Media's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 06/01/2024, Other Stockholder Equity is likely to grow to about 408.7 M, while Liabilities And Stockholders Equity is likely to drop slightly above 522.6 M. . As of 06/01/2024, Price Earnings Ratio is likely to grow to 851.87, while Price To Sales Ratio is likely to drop 2.06. Reservoir Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Reservoir |
Sharpe Ratio = 0.0913
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Estimated Market Risk
| 1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Reservoir Media is performing at about 7% 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 Reservoir Media by adding it to a well-diversified portfolio.
Price Book 1.5584 | Enterprise Value Ebitda 19.7532 | Price Sales 3.8795 | Shares Float 15.8 M | Wall Street Target Price 12.33 |
Reservoir Media Valuation on April 23, 2024
It is possible to determine the worth of Reservoir Media on a given historical date. On April 23, 2024 Reservoir was worth 8.24 at the beginning of the trading date compared to the closed value of 8.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Reservoir Media stock. Still, in general, we apply an absolute valuation method to find Reservoir Media's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Reservoir Media where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Reservoir Media's related companies.
| Open | High | Low | Close | Volume | |
| 7.93 | 8.30 | 7.92 | 8.25 | 137,391 | |
04/23/2024 | 8.24 | 8.38 | 8.07 | 8.29 | 19,383 |
| 8.22 | 8.36 | 8.15 | 8.30 | 183,975 |
| Backtest Reservoir Media | | | Reservoir Media History | | | Reservoir Media Valuation | Previous | Next |
Reservoir Media Trading Date Momentum on April 23, 2024
| On April 24 2024 Reservoir Media was traded for 8.30 at the closing time. The top price for the day was 8.36 and the lowest listed price was 8.15 . The trading volume for the day was 184 K. The trading history from April 24, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 0.12% . The trading delta at closing time against the current closing price is 5.43% . |
Reservoir Media Fundamentals Correlations and Trends
By evaluating Reservoir Media's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Reservoir Media's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Reservoir financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Reservoir Media Stock history
Reservoir Media investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Reservoir is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Reservoir Media will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Reservoir Media stock prices may prove useful in developing a viable investing in Reservoir Media
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 74.6 M | 78.3 M | |
| Net Income Applicable To Common Shares | 2.9 M | 2.8 M |
Reservoir Media Quarterly Net Working Capital |
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Reservoir Media Stock Technical Analysis
Reservoir Media 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.
Price Boundaries
Reservoir Media Period Price Range
Low | April 23, 2024
| High |
8.24 | 8.29 |
Reservoir Media June 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Reservoir Media stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Reservoir Media shares will generate the highest return on investment. By undertsting and applying Reservoir Media stock market strength indicators, traders can identify Reservoir Media entry and exit signals to maximize returns
| Accumulation Distribution | 717.03 | |||
| Daily Balance Of Power | 0.1613 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 8.23 | |||
| Day Typical Price | 8.25 | |||
| Price Action Indicator | 0.09 | |||
| Period Momentum Indicator | (0.25) |
Reservoir Media Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Reservoir Media's price direction in advance. Along with the technical and fundamental analysis of Reservoir Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Reservoir to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0746 | |||
| Jensen Alpha | 0.1744 | |||
| Total Risk Alpha | 0.0889 | |||
| Sortino Ratio | 0.1027 | |||
| Treynor Ratio | 0.3197 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reservoir Media. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. To learn how to invest in Reservoir Stock, please use our How to Invest in Reservoir Media guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Reservoir Stock analysis
When running Reservoir Media's price analysis, check to measure Reservoir Media'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 Reservoir Media is operating at the current time. Most of Reservoir Media's value examination focuses on studying past and present price action to predict the probability of Reservoir Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reservoir Media's price. Additionally, you may evaluate how the addition of Reservoir Media to your portfolios can decrease your overall portfolio volatility.
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Is Reservoir Media's 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 Reservoir Media. If investors know Reservoir 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 Reservoir Media 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 (0.88) | Earnings Share 0.01 | Revenue Per Share 2.174 | Quarterly Revenue Growth 0.185 | Return On Assets 0.0202 |
The market value of Reservoir Media is measured differently than its book value, which is the value of Reservoir that is recorded on the company's balance sheet. Investors also form their own opinion of Reservoir Media's value that differs from its market value or its book value, called intrinsic value, which is Reservoir Media's 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 Reservoir Media's market value can be influenced by many factors that don't directly affect Reservoir Media's 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 Reservoir Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reservoir Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reservoir Media'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.