EROAD's market value is the price at which a share of EROAD trades on a public exchange. It measures the collective expectations of EROAD Limited investors about its performance. EROAD is trading at 1.20 as of the 27th of December 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 1.2. With this module, you can estimate the performance of a buy and hold strategy of EROAD Limited and determine expected loss or profit from investing in EROAD over a given investment horizon. Check out EROAD Correlation, EROAD Volatility and EROAD Alpha and Beta module to complement your research on EROAD.
Please note, there is a significant difference between EROAD's value and its price as these two are different measures arrived at by different means. Investors typically determine if EROAD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EROAD'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.
EROAD '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 EROAD'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 EROAD.
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11/27/2025
No Change 0.00
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In 30 days
12/27/2025
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If you would invest 0.00 in EROAD on November 27, 2025 and sell it all today you would earn a total of 0.00 from holding EROAD Limited or generate 0.0% return on investment in EROAD over 30 days. EROAD is related to or competes with F-Secure Oyj, Tracsis Plc, Serko, Appen, Xtract One, Bango Plc, and Spectral Cap. EROAD Limited provides electronic on-board units and software as a service to the transport industry in New Zealand, Aus... More
EROAD 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 EROAD'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 EROAD Limited upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for EROAD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EROAD's standard deviation. In reality, there are many statistical measures that can use EROAD historical prices to predict the future EROAD's volatility.
EROAD appears to be dangerous, given 3 months investment horizon. EROAD Limited secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12 % return per unit of risk over the last 3 months. By evaluating EROAD's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please utilize EROAD's Mean Deviation of 1.04, coefficient of variation of 812.4, and Standard Deviation of 4.29 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EROAD holds a performance score of 9. The firm shows a Beta (market volatility) of 1.01, which means a somewhat significant risk relative to the market. EROAD returns are very sensitive to returns on the market. As the market goes up or down, EROAD is expected to follow. Please check EROAD's variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to make a quick decision on whether EROAD's price patterns will revert.
Auto-correlation
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Perfect predictability
EROAD Limited has perfect predictability. Overlapping area represents the amount of predictability between EROAD time series from 27th of November 2025 to 12th of December 2025 and 12th of December 2025 to 27th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of EROAD Limited price movement. The serial correlation of 1.0 indicates that 100.0% of current EROAD price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
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EROAD Limited lagged returns against current returns
Autocorrelation, which is EROAD 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 EROAD's pink sheet expected returns. We can calculate the autocorrelation of EROAD returns to help us make a trade decision. For example, suppose you find that EROAD 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
EROAD 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 EROAD pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EROAD pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EROAD pink sheet over time.
Current vs Lagged Prices
Timeline
EROAD Lagged Returns
When evaluating EROAD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EROAD pink sheet have on its future price. EROAD 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, EROAD autocorrelation shows the relationship between EROAD pink sheet current value and its past values and can show if there is a momentum factor associated with investing in EROAD Limited.
Other Information on Investing in EROAD Pink Sheet
EROAD financial ratios help investors to determine whether EROAD Pink Sheet 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 EROAD with respect to the benefits of owning EROAD security.