Ramp Metals Stock Market Value
| RAMP Stock | 0.70 0.01 1.45% |
| Symbol | Ramp |
Ramp Metals '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 Ramp Metals' 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 Ramp Metals.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Ramp Metals on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Ramp Metals or generate 0.0% return on investment in Ramp Metals over 720 days. Ramp Metals is related to or competes with Teck Resources, Ivanhoe Mines, Filo Mining, Sigma Lithium, Calibre Mining, and NGEx Minerals. Ramp Metals is entity of Canada. It is traded as Stock on V exchange. More
Ramp Metals 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 Ramp Metals' 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 Ramp Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.96 | |||
| Information Ratio | 0.0256 | |||
| Maximum Drawdown | 18.83 | |||
| Value At Risk | (5.41) | |||
| Potential Upside | 8.45 |
Ramp Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ramp Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ramp Metals' standard deviation. In reality, there are many statistical measures that can use Ramp Metals historical prices to predict the future Ramp Metals' volatility.| Risk Adjusted Performance | 0.0529 | |||
| Jensen Alpha | 0.2209 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.027 | |||
| Treynor Ratio | 2.22 |
Ramp Metals Backtested Returns
Ramp Metals appears to be abnormally volatile, given 3 months investment horizon. Ramp Metals maintains Sharpe Ratio (i.e., Efficiency) of 0.0595, which implies the firm had a 0.0595% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ramp Metals, which you can use to evaluate the volatility of the company. Please evaluate Ramp Metals' Semi Deviation of 3.51, coefficient of variation of 1707.43, and Risk Adjusted Performance of 0.0529 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ramp Metals holds a performance score of 4. The company holds a Beta of 0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, Ramp Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ramp Metals is expected to be smaller as well. Please check Ramp Metals' jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Ramp Metals' historical price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Ramp Metals has no correlation between past and present. Overlapping area represents the amount of predictability between Ramp Metals time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Ramp Metals price movement. The serial correlation of 0.0 indicates that just 0.0% of current Ramp Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ramp Metals lagged returns against current returns
Autocorrelation, which is Ramp Metals 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 Ramp Metals' stock expected returns. We can calculate the autocorrelation of Ramp Metals returns to help us make a trade decision. For example, suppose you find that Ramp Metals 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 |
Ramp Metals 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 Ramp Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ramp Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ramp Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Ramp Metals Lagged Returns
When evaluating Ramp Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ramp Metals stock have on its future price. Ramp Metals 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, Ramp Metals autocorrelation shows the relationship between Ramp Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Ramp Metals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Ramp Stock Analysis
When running Ramp Metals' price analysis, check to measure Ramp Metals' 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 Ramp Metals is operating at the current time. Most of Ramp Metals' value examination focuses on studying past and present price action to predict the probability of Ramp Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ramp Metals' price. Additionally, you may evaluate how the addition of Ramp Metals to your portfolios can decrease your overall portfolio volatility.