Rathdowney Stock Market Value

RTH Stock

CAD 0.03 0.00 0.00%

Rathdowney Resources' market value is the price at which a share of Rathdowney Resources stock trades on a public exchange. It measures the collective expectations of Rathdowney Resources investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Rathdowney Resources and determine expected loss or profit from investing in Rathdowney Resources over a given investment horizon. Check out Rathdowney Resources Correlation, Rathdowney Resources Volatility and Rathdowney Resources Alpha and Beta module to complement your research on Rathdowney Resources.

Symbol

Please note, there is a significant difference between Rathdowney Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rathdowney Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rathdowney Resources' 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. Check out Rathdowney Resources Correlation, Rathdowney Resources Volatility and Rathdowney Resources Alpha and Beta module to complement your research on Rathdowney Resources.

Rathdowney 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 Rathdowney 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 Rathdowney Resources.

0.00

11/30/2022

No Change 0.00

0.0

In 5 months and 30 days

05/29/2023

0.00

If you would invest 0.00 in Rathdowney Resources on November 30, 2022 and sell it all today you would earn a total of 0.00 from holding Rathdowney Resources or generate 0.0% return on investment in Rathdowney Resources over 180 days. Rathdowney Resources is related to or competes with Niocorp Developments, Titan Mining, and Ascendant Resources. Rathdowney Resources Ltd. acquires, explores for, and develops mineral properties More

Rathdowney 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 Rathdowney 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 Rathdowney Resources upside and downside potential and time the market with a certain degree of confidence.

	Information Ratio	0.0334
	Maximum Drawdown	58.33

Rathdowney Resources Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Rathdowney Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rathdowney Resources' standard deviation. In reality, there are many statistical measures that can use Rathdowney Resources historical prices to predict the future Rathdowney Resources' volatility.

	Risk Adjusted Performance	0.0302
	Jensen Alpha	0.1382
	Total Risk Alpha	0.4397
	Treynor Ratio	0.2973

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Rathdowney Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Rathdowney Resources in the context of predictive analytics.

Hype

Prediction

Low	Estimated	High
0.00	0.03	5.32

Details

Intrinsic

Valuation

Low	Real	High
0.00	0.0273	5.32

Details

Naive

Forecast

Low	Next	High
0.000558	0.027909	5.32

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
0.03	0.03	0.03

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Rathdowney Resources. Your research has to be compared to or analyzed against Rathdowney Resources' peers to derive any actionable benefits. When done correctly, Rathdowney Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Rathdowney Resources.

Rathdowney Resources Backtested Returns

We consider Rathdowney Resources out of control. Rathdowney Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.025, which implies the firm had 0.025% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Rathdowney Resources, which you can use to evaluate the future volatility of the company. Please check Rathdowney Resources coefficient of variation of 4091.91, and Risk Adjusted Performance of 0.0302 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.

Rathdowney Resources has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.3911, which implies possible diversification benefits within a given portfolio. Let's try to break down what Rathdowney's beta means in this case. As returns on the market increase, Rathdowney Resources returns are expected to increase less than the market. However, during the bear market, the loss on holding Rathdowney Resources will be expected to be smaller as well. Although it is important to respect Rathdowney Resources current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards 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 analyzing Rathdowney Resources technical indicators, you can presently evaluate if the expected return of 0.13% will be sustainable into the future. Rathdowney Resources right now holds a risk of 5.29%. Please check Rathdowney Resources jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Rathdowney Resources will be following its historical price patterns.

Auto-correlation

0.11

Insignificant predictability

Rathdowney Resources has insignificant predictability. Overlapping area represents the amount of predictability between Rathdowney Resources time series from 30th of November 2022 to 28th of February 2023 and 28th of February 2023 to 29th of May 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Rathdowney Resources price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Rathdowney Resources price fluctuation can be explain by its past prices.

	Correlation Coefficient	0.11
	Spearman Rank Test	-0.2
	Residual Average	0.0
	Price Variance	0.0

Rathdowney Resources lagged returns against current returns

Autocorrelation, which is Rathdowney 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 Rathdowney Resources' stock expected returns. We can calculate the autocorrelation of Rathdowney Resources returns to help us make a trade decision. For example, suppose you find that Rathdowney Resources stock 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 stock movement to match the lagging time series.

Current and Lagged Values

Timeline

Rathdowney 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 Rathdowney Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rathdowney Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rathdowney Resources stock over time.

Current vs Lagged Prices

Timeline

Rathdowney Resources Lagged Returns

When evaluating Rathdowney Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rathdowney Resources stock have on its future price. Rathdowney 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, Rathdowney Resources autocorrelation shows the relationship between Rathdowney Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Rathdowney Resources.

Regressed Prices

Timeline

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Rathdowney Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Rathdowney Resources' short interest history, or implied volatility extrapolated from Rathdowney Resources options trading.

Currently Active Assets on Macroaxis

RIO	Rio Tinto ADR
BLBD	Blue Bird Corp
BABA	Alibaba Group Holding
PLTR	Palantir TechnologiesInc
NIO	Nio Inc Class

Check out Rathdowney Resources Correlation, Rathdowney Resources Volatility and Rathdowney Resources Alpha and Beta module to complement your research on Rathdowney Resources. You can also try Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Rathdowney Stock analysis

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

	Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites

Rathdowney Resources 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.

Volatility Indicators

View

Value Movement

View

A focus of Rathdowney Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rathdowney Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2023 Macroaxis LLC

Rathdowney Stock Market Value

Rathdowney Resources 'What if' Analysis

Rathdowney Resources Upside/Downside Indicators

Rathdowney Resources Market Risk Indicators

Rathdowney Resources Backtested Returns

Auto-correlation

Insignificant predictability

Rathdowney Resources lagged returns against current returns

Rathdowney Resources regressed lagged prices vs. current prices

Rathdowney Resources Lagged Returns

Currently Active Assets on Macroaxis

Complementary Tools for Rathdowney Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY