Adrabbit Limited Stock Market Value
| RABI Stock | 0.01 0.00 0.00% |
| Symbol | AdRabbit |
AdRabbit '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 AdRabbit'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 AdRabbit.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in AdRabbit on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding AdRabbit Limited or generate 0.0% return on investment in AdRabbit over 720 days. AdRabbit is related to or competes with Major Drilling, Wilmington Capital, Precision Drilling, Data Communications, Nicola Mining, Element Fleet, and Orbit Garant. AdRabbit is entity of Canada. It is traded as Stock on V exchange. More
AdRabbit 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 AdRabbit'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 AdRabbit Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 39.84 | |||
| Information Ratio | 0.0627 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 33.33 |
AdRabbit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AdRabbit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AdRabbit's standard deviation. In reality, there are many statistical measures that can use AdRabbit historical prices to predict the future AdRabbit's volatility.| Risk Adjusted Performance | 0.0617 | |||
| Jensen Alpha | 1.86 | |||
| Total Risk Alpha | (2.35) | |||
| Sortino Ratio | 0.0411 | |||
| Treynor Ratio | (2.02) |
AdRabbit Limited Backtested Returns
We have found twenty-four technical indicators for AdRabbit Limited, which you can use to evaluate the volatility of the firm. Please confirm AdRabbit's mean deviation of 11.8, and Risk Adjusted Performance of 0.0617 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%. The firm shows a Beta (market volatility) of -0.87, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning AdRabbit are expected to decrease slowly. On the other hand, during market turmoil, AdRabbit is expected to outperform it slightly. AdRabbit Limited presently shows a risk of 0.0%. Please confirm AdRabbit Limited sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if AdRabbit Limited will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
AdRabbit Limited has no correlation between past and present. Overlapping area represents the amount of predictability between AdRabbit time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 AdRabbit Limited price movement. The serial correlation of 0.0 indicates that just 0.0% of current AdRabbit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AdRabbit Limited lagged returns against current returns
Autocorrelation, which is AdRabbit 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 AdRabbit's stock expected returns. We can calculate the autocorrelation of AdRabbit returns to help us make a trade decision. For example, suppose you find that AdRabbit 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 |
AdRabbit 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 AdRabbit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AdRabbit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AdRabbit stock over time.
Current vs Lagged Prices |
| Timeline |
AdRabbit Lagged Returns
When evaluating AdRabbit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AdRabbit stock have on its future price. AdRabbit 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, AdRabbit autocorrelation shows the relationship between AdRabbit stock current value and its past values and can show if there is a momentum factor associated with investing in AdRabbit Limited.
Regressed Prices |
| Timeline |
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Additional Tools for AdRabbit Stock Analysis
When running AdRabbit's price analysis, check to measure AdRabbit'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 AdRabbit is operating at the current time. Most of AdRabbit's value examination focuses on studying past and present price action to predict the probability of AdRabbit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AdRabbit's price. Additionally, you may evaluate how the addition of AdRabbit to your portfolios can decrease your overall portfolio volatility.