RTMFF OTC Stock Market Value

RTMFF -  USA Stock  

USD 0.0475  0.00  0.00%

Rt Minerals' market value is the price at which a share of Rt Minerals stock trades on a public exchange. It measures the collective expectations of Rt Minerals Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Rt Minerals Corp and determine expected loss or profit from investing in Rt Minerals over a given investment horizon. Additionally, take a look at Rt Minerals Hype Analysis, Rt Minerals Correlation, Rt Minerals Valuation, Rt Minerals Volatility, as well as analyze Rt Minerals Alpha and Beta and Rt Minerals Performance.
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The market value of Rt Minerals Corp is measured differently than its book value, which is the value of RTMFF that is recorded on the company's balance sheet. Investors also form their own opinion of Rt Minerals' value that differs from its market value or its book value, called intrinsic value, which is Rt Minerals' 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 Rt Minerals' market value can be influenced by many factors that don't directly affect Rt Minerals Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rt Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine Rt Minerals value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rt Minerals' 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.

Rt Minerals '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 Rt Minerals' otc 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 Rt Minerals.
0.00
06/23/2021
No Change 0.00  0.0 
In 3 months and 1 day
09/21/2021
0.00
If you would invest  0.00  in Rt Minerals on June 23, 2021 and sell it all today you would earn a total of 0.00 from holding Rt Minerals Corp or generate 0.0% return on investment in Rt Minerals over 90 days. Rt Minerals is related to or competes with Agnico-Eagle Mines, Barrick Gold, Newmont, and Kirkland Lake. RT Minerals Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral prop...

Rt Minerals 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 Rt Minerals' otc 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 Rt Minerals Corp upside and downside potential and time the market with a certain degree of confidence.

Rt Minerals Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Rt Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rt Minerals' standard deviation. In reality, there are many statistical measures that can use Rt Minerals historical prices to predict the future Rt Minerals' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Rt Minerals' 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 Rt Minerals in the context of predictive analytics.
Hype
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0.000.053.53
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Intrinsic
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LowReal ValueHigh
0.000.0449613.52
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Rt Minerals. Your research has to be compared to or analyzed against Rt Minerals' peers to derive any actionable benefits. When done correctly, Rt Minerals' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Rt Minerals Corp.

Rt Minerals Corp Backtested Returns

Rt Minerals Corp retains Efficiency (Sharpe Ratio) of -0.15, which implies the firm had -0.15% of return per unit of price deviation over the last 3 months. Macroaxis standpoint towards forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Rt Minerals exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Rt Minerals Corp market risk adjusted performance of 1.41, and Standard Deviation of 4.08 to confirm the risk estimate we provide.
The company owns a Beta (Systematic Risk) of -0.6256, which implies possible diversification benefits within a given portfolio. Let's try to break down what RTMFF's beta means in this case. As returns on the market increase, returns on owning Rt Minerals are expected to decrease at a much lower rate. During the bear market, Rt Minerals is likely to outperform the market. Even though it is essential to pay attention to Rt Minerals Corp existing price patterns, it is always good to be careful when utilizing equity price patterns. Our philosophy towards forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Rt Minerals exposes twenty-one different technical indicators, which can help you to evaluate its performance. Rt Minerals Corp has an expected return of -0.53%. Please be advised to check Rt Minerals Corp downside deviation and the relationship between the information ratio and expected short fall to decide if Rt Minerals Corp performance from the past will be repeated at future time.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.81)   

Excellent reverse predictability

Rt Minerals Corp has excellent reverse predictability. Overlapping area represents the amount of predictability between Rt Minerals time series from 23rd of June 2021 to 7th of August 2021 and 7th of August 2021 to 21st of September 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Rt Minerals Corp price movement. The serial correlation of -0.81 indicates that around 81.0% of current Rt Minerals price fluctuation can be explain by its past prices. Given that Rt Minerals Corp has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Rt Minerals for similar time interval.
Correlation Coefficient-0.81
Spearman Rank Test-0.69
Residual Average0.0
Price Variance0.0

Rt Minerals Corp lagged returns against current returns

Autocorrelation, which is Rt Minerals otc 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 Rt Minerals' otc stock expected returns. We can calculate the autocorrelation of Rt Minerals returns to help us make a trade decision. For example, suppose you find that Rt Minerals otc 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 
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Rt Minerals 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 Rt Minerals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rt Minerals otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rt Minerals otc stock over time.
 Current vs Lagged Prices 
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Rt Minerals Lagged Returns

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

The influence of Rt Minerals' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in RTMFF. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - RTMFF

Rt Minerals Corp Investor Sentiment

Macroaxis portfolio users are evenly split in their perspective on investing in Rt Minerals Corp. What is your perspective on investing in Rt Minerals Corp? Are you bullish or bearish?
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Additionally, take a look at Rt Minerals Hype Analysis, Rt Minerals Correlation, Rt Minerals Valuation, Rt Minerals Volatility, as well as analyze Rt Minerals Alpha and Beta and Rt Minerals Performance. Note that the Rt Minerals Corp information on this page should be used as a complementary analysis to other Rt Minerals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for RTMFF OTC Stock analysis

When running Rt Minerals Corp price analysis, check to measure Rt Minerals' 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 Rt Minerals is operating at the current time. Most of Rt Minerals' value examination focuses on studying past and present price action to predict the probability of Rt Minerals' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Rt Minerals' price. Additionally, you may evaluate how the addition of Rt Minerals to your portfolios can decrease your overall portfolio volatility.
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Rt Minerals technical otc 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.
A focus of Rt Minerals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rt Minerals 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...