Rocky Mountain Chocolate Stock Market Value
| RMCF Stock | USD 2.86 0.12 4.38% |
| Symbol | Rocky |
Rocky Mountain Chocolate Price To Book Ratio
Is Packaged Foods & Meats 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 Rocky Mountain. If investors know Rocky 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 Rocky Mountain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.86) | Earnings Share (0.74) | Revenue Per Share 4.331 | Quarterly Revenue Growth (0.03) | Return On Assets (0.11) |
The market value of Rocky Mountain Chocolate is measured differently than its book value, which is the value of Rocky that is recorded on the company's balance sheet. Investors also form their own opinion of Rocky Mountain's value that differs from its market value or its book value, called intrinsic value, which is Rocky Mountain'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 Rocky Mountain's market value can be influenced by many factors that don't directly affect Rocky Mountain'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 Rocky Mountain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rocky Mountain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rocky Mountain'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.
Rocky Mountain '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 Rocky Mountain'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 Rocky Mountain.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Rocky Mountain on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Rocky Mountain Chocolate or generate 0.0% return on investment in Rocky Mountain over 30 days. Rocky Mountain is related to or competes with Hormel Foods, McCormick Company, Lamb Weston, and JM Smucker. Rocky Mountain Chocolate Factory, Inc., together with its subsidiaries, operates as a confectionery franchisor, manufact... More
Rocky Mountain 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 Rocky Mountain'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 Rocky Mountain Chocolate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.67 | |||
| Information Ratio | 0.1477 | |||
| Maximum Drawdown | 30.95 | |||
| Value At Risk | (5.32) | |||
| Potential Upside | 7.56 |
Rocky Mountain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rocky Mountain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rocky Mountain's standard deviation. In reality, there are many statistical measures that can use Rocky Mountain historical prices to predict the future Rocky Mountain's volatility.| Risk Adjusted Performance | 0.1409 | |||
| Jensen Alpha | 0.7155 | |||
| Total Risk Alpha | 0.1568 | |||
| Sortino Ratio | 0.1376 | |||
| Treynor Ratio | 2.58 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rocky Mountain'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.
Rocky Mountain Chocolate Backtested Returns
Rocky Mountain appears to be slightly risky, given 3 months investment horizon. Rocky Mountain Chocolate maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. By analyzing Rocky Mountain's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please evaluate Rocky Mountain's Risk Adjusted Performance of 0.1409, coefficient of variation of 575.34, and Semi Deviation of 3.6 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Rocky Mountain holds a performance score of 15. The company holds a Beta of 0.29, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rocky Mountain's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rocky Mountain is expected to be smaller as well. Please check Rocky Mountain's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether Rocky Mountain's historical price patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
Rocky Mountain Chocolate has poor reverse predictability. Overlapping area represents the amount of predictability between Rocky Mountain time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Rocky Mountain Chocolate price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Rocky Mountain price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Rocky Mountain Chocolate lagged returns against current returns
Autocorrelation, which is Rocky Mountain 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 Rocky Mountain's stock expected returns. We can calculate the autocorrelation of Rocky Mountain returns to help us make a trade decision. For example, suppose you find that Rocky Mountain 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 |
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Rocky Mountain 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 Rocky Mountain stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rocky Mountain stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rocky Mountain stock over time.
Current vs Lagged Prices |
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Rocky Mountain Lagged Returns
When evaluating Rocky Mountain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rocky Mountain stock have on its future price. Rocky Mountain 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, Rocky Mountain autocorrelation shows the relationship between Rocky Mountain stock current value and its past values and can show if there is a momentum factor associated with investing in Rocky Mountain Chocolate.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Rocky Mountain Chocolate is a strong investment it is important to analyze Rocky Mountain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rocky Mountain's future performance. For an informed investment choice regarding Rocky Stock, refer to the following important reports:Check out Rocky Mountain Correlation, Rocky Mountain Volatility and Rocky Mountain Alpha and Beta module to complement your research on Rocky Mountain. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Rocky Mountain technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.