Research Frontiers Incorporated Stock Market Value
| REFR Stock | USD 1.83 0.01 0.55% |
| Symbol | Research |
Research Frontiers Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 Research Frontiers. If investors know Research 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 Research Frontiers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 0.044 | Quarterly Revenue Growth 1.159 | Return On Assets (0.23) | Return On Equity (0.35) |
The market value of Research Frontiers is measured differently than its book value, which is the value of Research that is recorded on the company's balance sheet. Investors also form their own opinion of Research Frontiers' value that differs from its market value or its book value, called intrinsic value, which is Research Frontiers' 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 Research Frontiers' market value can be influenced by many factors that don't directly affect Research Frontiers' 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 Research Frontiers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Research Frontiers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Research Frontiers' 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.
Research Frontiers '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 Research Frontiers' 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 Research Frontiers.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Research Frontiers on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Research Frontiers Incorporated or generate 0.0% return on investment in Research Frontiers over 30 days. Research Frontiers is related to or competes with Richardson Electronics, Orion Energy, RF Industries, and Reading International. Research Frontiers Incorporated develops and markets technology and devices to control the flow of light worldwide More
Research Frontiers 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 Research Frontiers' 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 Research Frontiers Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 25.26 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 5.8 |
Research Frontiers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Research Frontiers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Research Frontiers' standard deviation. In reality, there are many statistical measures that can use Research Frontiers historical prices to predict the future Research Frontiers' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | 1.43 |
Research Frontiers Backtested Returns
Research Frontiers maintains Sharpe Ratio (i.e., Efficiency) of -0.0013, which implies the firm had a -0.0013% return per unit of risk over the last 3 months. Research Frontiers exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Research Frontiers' Risk Adjusted Performance of (0.01), variance of 13.17, and Coefficient Of Variation of (5,539) to confirm the risk estimate we provide. The company holds a Beta of -0.0528, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Research Frontiers are expected to decrease at a much lower rate. During the bear market, Research Frontiers is likely to outperform the market. At this point, Research Frontiers has a negative expected return of -0.0047%. Please make sure to check Research Frontiers' maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Research Frontiers performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.29 |
Poor predictability
Research Frontiers Incorporated has poor predictability. Overlapping area represents the amount of predictability between Research Frontiers time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Research Frontiers price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Research Frontiers price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Research Frontiers lagged returns against current returns
Autocorrelation, which is Research Frontiers 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 Research Frontiers' stock expected returns. We can calculate the autocorrelation of Research Frontiers returns to help us make a trade decision. For example, suppose you find that Research Frontiers 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 |
Research Frontiers 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 Research Frontiers stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Research Frontiers stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Research Frontiers stock over time.
Current vs Lagged Prices |
| Timeline |
Research Frontiers Lagged Returns
When evaluating Research Frontiers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Research Frontiers stock have on its future price. Research Frontiers 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, Research Frontiers autocorrelation shows the relationship between Research Frontiers stock current value and its past values and can show if there is a momentum factor associated with investing in Research Frontiers Incorporated.
Regressed Prices |
| Timeline |
Pair Trading with Research Frontiers
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 Research Frontiers 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 Research Frontiers will appreciate offsetting losses from the drop in the long position's value.Moving against Research Stock
| 0.6 | KULR | KULR Technology Group | PairCorr |
| 0.56 | IONQ | IONQ Inc Upward Rally | PairCorr |
| 0.53 | EXTR | Extreme Networks | PairCorr |
| 0.53 | KODK | Eastman Kodak | PairCorr |
| 0.47 | EHGO | Eshallgo Class A | PairCorr |
The ability to find closely correlated positions to Research Frontiers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Research Frontiers 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 Research Frontiers - 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 Research Frontiers Incorporated to buy it.
The correlation of Research Frontiers 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 Research Frontiers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Research Frontiers 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 Research Frontiers 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.Additional Tools for Research Stock Analysis
When running Research Frontiers' price analysis, check to measure Research Frontiers' 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 Research Frontiers is operating at the current time. Most of Research Frontiers' value examination focuses on studying past and present price action to predict the probability of Research Frontiers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Research Frontiers' price. Additionally, you may evaluate how the addition of Research Frontiers to your portfolios can decrease your overall portfolio volatility.