Rubicon Water (Australia) Market Value
| RWL Stock | 0.34 0.01 3.03% |
| Symbol | Rubicon |
Rubicon Water '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 Rubicon Water'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 Rubicon Water.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Rubicon Water on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Rubicon Water or generate 0.0% return on investment in Rubicon Water over 30 days. Rubicon Water is related to or competes with Coronado Global. Rubicon Water is entity of Australia. It is traded as Stock on AU exchange. More
Rubicon Water 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 Rubicon Water'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 Rubicon Water upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.03 | |||
| Information Ratio | 0.1 | |||
| Maximum Drawdown | 25.98 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 8.0 |
Rubicon Water Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rubicon Water's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rubicon Water's standard deviation. In reality, there are many statistical measures that can use Rubicon Water historical prices to predict the future Rubicon Water's volatility.| Risk Adjusted Performance | 0.1072 | |||
| Jensen Alpha | 0.5272 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0853 | |||
| Treynor Ratio | 3.75 |
Rubicon Water Backtested Returns
Rubicon Water appears to be out of control, given 3 months investment horizon. Rubicon Water maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Rubicon Water's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please evaluate Rubicon Water's Risk Adjusted Performance of 0.1072, coefficient of variation of 773.88, and Semi Deviation of 2.51 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Rubicon Water holds a performance score of 10. The company holds a Beta of 0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rubicon Water's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rubicon Water is expected to be smaller as well. Please check Rubicon Water's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Rubicon Water's historical price patterns will revert.
Auto-correlation | -0.06 |
Very weak reverse predictability
Rubicon Water has very weak reverse predictability. Overlapping area represents the amount of predictability between Rubicon Water time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Rubicon Water price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Rubicon Water price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rubicon Water lagged returns against current returns
Autocorrelation, which is Rubicon Water 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 Rubicon Water's stock expected returns. We can calculate the autocorrelation of Rubicon Water returns to help us make a trade decision. For example, suppose you find that Rubicon Water 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 |
Rubicon Water 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 Rubicon Water stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rubicon Water stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rubicon Water stock over time.
Current vs Lagged Prices |
| Timeline |
Rubicon Water Lagged Returns
When evaluating Rubicon Water's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rubicon Water stock have on its future price. Rubicon Water 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, Rubicon Water autocorrelation shows the relationship between Rubicon Water stock current value and its past values and can show if there is a momentum factor associated with investing in Rubicon Water.
Regressed Prices |
| Timeline |
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Additional Tools for Rubicon Stock Analysis
When running Rubicon Water's price analysis, check to measure Rubicon Water'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 Rubicon Water is operating at the current time. Most of Rubicon Water's value examination focuses on studying past and present price action to predict the probability of Rubicon Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rubicon Water's price. Additionally, you may evaluate how the addition of Rubicon Water to your portfolios can decrease your overall portfolio volatility.