Rcabs Inc Stock Market Value
| AXXA Stock | USD 0 0.0001 8.33% |
| Symbol | RCABS |
RCABS '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 RCABS's pink sheet 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 RCABS.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in RCABS on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding RCABS Inc or generate 0.0% return on investment in RCABS over 30 days. RCABS is related to or competes with NN, Teijin, Ayala, Alliance Global, Alaska Power, and Ayala Corp. Exxe Group Inc. focuses on real estate, sustainable technology, media, agribusiness, and financial services businesses More
RCABS 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 RCABS's pink sheet 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 RCABS Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.4 | |||
| Information Ratio | 0.0385 | |||
| Maximum Drawdown | 44.44 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 14.29 |
RCABS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RCABS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RCABS's standard deviation. In reality, there are many statistical measures that can use RCABS historical prices to predict the future RCABS's volatility.| Risk Adjusted Performance | 0.0445 | |||
| Jensen Alpha | 0.342 | |||
| Total Risk Alpha | (0.76) | |||
| Sortino Ratio | 0.0309 | |||
| Treynor Ratio | 0.3256 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RCABS'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.
RCABS Inc Backtested Returns
RCABS appears to be out of control, given 3 months investment horizon. RCABS Inc retains Efficiency (Sharpe Ratio) of 0.0477, which implies the company had a 0.0477% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for RCABS, which you can use to evaluate the volatility of the entity. Please evaluate RCABS's market risk adjusted performance of 0.3356, and Semi Deviation of 7.72 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, RCABS holds a performance score of 3. The firm owns a Beta (Systematic Risk) of 1.45, 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, RCABS will likely underperform. Please check RCABS's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether RCABS's current price history will revert.
Auto-correlation | -0.5 |
Modest reverse predictability
RCABS Inc has modest reverse predictability. Overlapping area represents the amount of predictability between RCABS time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th of December 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 RCABS Inc price movement. The serial correlation of -0.5 indicates that about 50.0% of current RCABS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RCABS Inc lagged returns against current returns
Autocorrelation, which is RCABS pink sheet'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 RCABS's pink sheet expected returns. We can calculate the autocorrelation of RCABS returns to help us make a trade decision. For example, suppose you find that RCABS has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
RCABS 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 RCABS pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RCABS pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RCABS pink sheet over time.
Current vs Lagged Prices |
| Timeline |
RCABS Lagged Returns
When evaluating RCABS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RCABS pink sheet have on its future price. RCABS 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, RCABS autocorrelation shows the relationship between RCABS pink sheet current value and its past values and can show if there is a momentum factor associated with investing in RCABS Inc.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in RCABS Pink Sheet
RCABS financial ratios help investors to determine whether RCABS Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RCABS with respect to the benefits of owning RCABS security.