Radio Fuels Energy Stock Market Value
| CKEFF Stock | USD 0.07 0.02 22.43% |
| Symbol | Radio |
Radio Fuels '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 Radio Fuels' otc 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 Radio Fuels.
| 02/01/2024 |
| 11/27/2024 |
If you would invest 0.00 in Radio Fuels on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Radio Fuels Energy or generate 0.0% return on investment in Radio Fuels over 300 days. Radio Fuels is related to or competes with Aura Energy, Isoenergy, and Purepoint Uranium. Radio Fuels Energy Corp., a development stage company, engages in acquisition and exploration of mineral resource proper... More
Radio Fuels 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 Radio Fuels' otc 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 Radio Fuels Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 54.87 | |||
| Value At Risk | (15.30) | |||
| Potential Upside | 9.62 |
Radio Fuels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Radio Fuels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Radio Fuels' standard deviation. In reality, there are many statistical measures that can use Radio Fuels historical prices to predict the future Radio Fuels' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (1.41) | |||
| Treynor Ratio | (0.08) |
Radio Fuels Energy Backtested Returns
Radio Fuels Energy maintains Sharpe Ratio (i.e., Efficiency) of -0.03, which implies the firm had a -0.03% return per unit of risk over the last 3 months. Radio Fuels Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Radio Fuels' Coefficient Of Variation of (5,275), risk adjusted performance of (0.01), and Variance of 63.34 to confirm the risk estimate we provide. The company holds a Beta of 1.92, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Radio Fuels will likely underperform. At this point, Radio Fuels Energy has a negative expected return of -0.24%. Please make sure to check Radio Fuels' potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if Radio Fuels Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Radio Fuels Energy has very weak reverse predictability. Overlapping area represents the amount of predictability between Radio Fuels time series from 1st of February 2024 to 30th of June 2024 and 30th of June 2024 to 27th 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 Radio Fuels Energy price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Radio Fuels price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Radio Fuels Energy lagged returns against current returns
Autocorrelation, which is Radio Fuels otc 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 Radio Fuels' otc stock expected returns. We can calculate the autocorrelation of Radio Fuels returns to help us make a trade decision. For example, suppose you find that Radio Fuels has exhibited high autocorrelation historically, and you observe that the otc 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 |
Radio Fuels 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 Radio Fuels otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Radio Fuels otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Radio Fuels otc stock over time.
Current vs Lagged Prices |
| Timeline |
Radio Fuels Lagged Returns
When evaluating Radio Fuels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Radio Fuels otc stock have on its future price. Radio Fuels 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, Radio Fuels autocorrelation shows the relationship between Radio Fuels otc stock current value and its past values and can show if there is a momentum factor associated with investing in Radio Fuels Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Radio OTC Stock
Radio Fuels financial ratios help investors to determine whether Radio OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Radio with respect to the benefits of owning Radio Fuels security.