Rightscorp Stock Market Value
| RIHT Stock | USD 0.01 0 52.78% |
| Symbol | Rightscorp |
Rightscorp '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 Rightscorp'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 Rightscorp.
| 12/28/2022 |
| 12/17/2024 |
If you would invest 0.00 in Rightscorp on December 28, 2022 and sell it all today you would earn a total of 0.00 from holding Rightscorp or generate 0.0% return on investment in Rightscorp over 720 days. Rightscorp is related to or competes with Evertec, Couchbase, Flywire Corp, I3 Verticals, Cerberus Cyber, Gorilla Technology, and Taoping. Rightscorp, Inc. operates as a technology company that has a patent-pending proprietary method for collecting payments f... More
Rightscorp 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 Rightscorp'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 Rightscorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 32.87 | |||
| Information Ratio | 0.0881 | |||
| Maximum Drawdown | 147.17 | |||
| Value At Risk | (33.85) | |||
| Potential Upside | 52.78 |
Rightscorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rightscorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rightscorp's standard deviation. In reality, there are many statistical measures that can use Rightscorp historical prices to predict the future Rightscorp's volatility.| Risk Adjusted Performance | 0.0759 | |||
| Jensen Alpha | 2.32 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0638 | |||
| Treynor Ratio | (1.08) |
Rightscorp Backtested Returns
Rightscorp is out of control given 3 months investment horizon. Rightscorp maintains Sharpe Ratio (i.e., Efficiency) of 0.0942, which implies the firm had a 0.0942% return per unit of risk over the last 3 months. We have analyze and collected data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.29% are justified by taking the suggested risk. Use Rightscorp Semi Deviation of 15.57, risk adjusted performance of 0.0759, and Coefficient Of Variation of 1090.86 to evaluate company specific risk that cannot be diversified away. Rightscorp holds a performance score of 7 on a scale of zero to a hundred. The company holds a Beta of -2.02, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Rightscorp are expected to decrease by larger amounts. On the other hand, during market turmoil, Rightscorp is expected to outperform it. Use Rightscorp sortino ratio and the relationship between the downside variance and period momentum indicator , to analyze future returns on Rightscorp.
Auto-correlation | 0.03 |
Virtually no predictability
Rightscorp has virtually no predictability. Overlapping area represents the amount of predictability between Rightscorp time series from 28th of December 2022 to 23rd of December 2023 and 23rd of December 2023 to 17th 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 Rightscorp price movement. The serial correlation of 0.03 indicates that only 3.0% of current Rightscorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rightscorp lagged returns against current returns
Autocorrelation, which is Rightscorp 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 Rightscorp's pink sheet expected returns. We can calculate the autocorrelation of Rightscorp returns to help us make a trade decision. For example, suppose you find that Rightscorp 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 |
Rightscorp 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 Rightscorp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rightscorp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rightscorp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Rightscorp Lagged Returns
When evaluating Rightscorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rightscorp pink sheet have on its future price. Rightscorp 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, Rightscorp autocorrelation shows the relationship between Rightscorp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Rightscorp.
Regressed Prices |
| Timeline |
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Additional Tools for Rightscorp Pink Sheet Analysis
When running Rightscorp's price analysis, check to measure Rightscorp'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 Rightscorp is operating at the current time. Most of Rightscorp's value examination focuses on studying past and present price action to predict the probability of Rightscorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rightscorp's price. Additionally, you may evaluate how the addition of Rightscorp to your portfolios can decrease your overall portfolio volatility.