Rezolute Stock Market Value

RZLT Stock  USD 4.13  0.13  3.05%   
Rezolute's market value is the price at which a share of Rezolute trades on a public exchange. It measures the collective expectations of Rezolute investors about its performance. Rezolute is selling for under 4.13 as of the 25th of June 2024; that is -3.05 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 4.13.
With this module, you can estimate the performance of a buy and hold strategy of Rezolute and determine expected loss or profit from investing in Rezolute over a given investment horizon. Check out Rezolute Correlation, Rezolute Volatility and Rezolute Alpha and Beta module to complement your research on Rezolute.
For more information on how to buy Rezolute Stock please use our How to Invest in Rezolute guide.
Symbol

Rezolute Price To Book Ratio

Is Biotechnology space 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 Rezolute. If investors know Rezolute 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 Rezolute listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.14)
Return On Assets
(0.35)
Return On Equity
(0.59)
The market value of Rezolute is measured differently than its book value, which is the value of Rezolute that is recorded on the company's balance sheet. Investors also form their own opinion of Rezolute's value that differs from its market value or its book value, called intrinsic value, which is Rezolute'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 Rezolute's market value can be influenced by many factors that don't directly affect Rezolute'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 Rezolute's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rezolute is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rezolute'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.

Rezolute '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 Rezolute's 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 Rezolute.
0.00
07/06/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
06/25/2024
0.00
If you would invest  0.00  in Rezolute on July 6, 2022 and sell it all today you would earn a total of 0.00 from holding Rezolute or generate 0.0% return on investment in Rezolute over 720 days. Rezolute is related to or competes with Eledon Pharmaceuticals, Clene, Reneo Pharmaceuticals, and Larimar Therapeutics. Rezolute, Inc., a clinical stage biopharmaceutical company, develops therapies for metabolic diseases associated with ch... More

Rezolute 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 Rezolute's 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 Rezolute upside and downside potential and time the market with a certain degree of confidence.

Rezolute Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Rezolute's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rezolute's standard deviation. In reality, there are many statistical measures that can use Rezolute historical prices to predict the future Rezolute's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rezolute's 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.
Hype
Prediction
LowEstimatedHigh
0.244.8112.66
Details
Intrinsic
Valuation
LowRealHigh
0.254.9112.76
Details
8 Analysts
Consensus
LowTargetHigh
7.107.808.66
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.32-0.33-0.27
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Rezolute. Your research has to be compared to or analyzed against Rezolute's peers to derive any actionable benefits. When done correctly, Rezolute's 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 Rezolute.

Rezolute Backtested Returns

Rezolute is very risky given 3 months investment horizon. Rezolute maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.3% are justified by taking the suggested risk. Use Rezolute Risk Adjusted Performance of 0.1378, coefficient of variation of 510.71, and Semi Deviation of 6.87 to evaluate company specific risk that cannot be diversified away. Rezolute holds a performance score of 12 on a scale of zero to a hundred. The company holds a Beta of 0.42, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Rezolute's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rezolute is expected to be smaller as well. Use Rezolute maximum drawdown, skewness, as well as the relationship between the Skewness and price action indicator , to analyze future returns on Rezolute.

Auto-correlation

    
  0.01  

Virtually no predictability

Rezolute has virtually no predictability. Overlapping area represents the amount of predictability between Rezolute time series from 6th of July 2022 to 1st of July 2023 and 1st of July 2023 to 25th of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Rezolute price movement. The serial correlation of 0.01 indicates that just 1.0% of current Rezolute price fluctuation can be explain by its past prices.
Correlation Coefficient0.01
Spearman Rank Test-0.5
Residual Average0.0
Price Variance1.15

Rezolute lagged returns against current returns

Autocorrelation, which is Rezolute 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 Rezolute's stock expected returns. We can calculate the autocorrelation of Rezolute returns to help us make a trade decision. For example, suppose you find that Rezolute 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  

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

Rezolute Lagged Returns

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

Pair Trading with Rezolute

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rezolute position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rezolute will appreciate offsetting losses from the drop in the long position's value.

Moving together with Rezolute Stock

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Moving against Rezolute Stock

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The ability to find closely correlated positions to Rezolute could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rezolute when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rezolute - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rezolute to buy it.
The correlation of Rezolute is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rezolute moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rezolute moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rezolute can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Rezolute Stock Analysis

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