Rugby Mining Limited Stock Market Value
| RBMNF Stock | USD 0.03 0.00 0.00% |
| Symbol | Rugby |
Rugby Mining '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 Rugby Mining'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 Rugby Mining.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Rugby Mining on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Rugby Mining Limited or generate 0.0% return on investment in Rugby Mining over 360 days. Rugby Mining is related to or competes with Atlas Corp, PureCycle Technologies, and GCM Grosvenor. Rugby Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral ... More
Rugby Mining 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 Rugby Mining'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 Rugby Mining Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0666 | |||
| Maximum Drawdown | 206.25 | |||
| Value At Risk | (14.63) | |||
| Potential Upside | 14.29 |
Rugby Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rugby Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rugby Mining's standard deviation. In reality, there are many statistical measures that can use Rugby Mining historical prices to predict the future Rugby Mining's volatility.| Risk Adjusted Performance | 0.065 | |||
| Jensen Alpha | 1.13 | |||
| Total Risk Alpha | (2.26) | |||
| Treynor Ratio | 0.3767 |
Rugby Mining Limited Backtested Returns
Rugby Mining is out of control given 3 months investment horizon. Rugby Mining Limited maintains Sharpe Ratio (i.e., Efficiency) of 0.073, which implies the firm had a 0.073% return per unit of risk over the last 3 months. We were able to interpolate eighteen different technical indicators, which can help you to evaluate if expected returns of 1.75% are justified by taking the suggested risk. Use Rugby Mining Variance of 565.01, risk adjusted performance of 0.065, and Coefficient Of Variation of 1381.08 to evaluate company specific risk that cannot be diversified away. Rugby Mining holds a performance score of 5 on a scale of zero to a hundred. The company holds a Beta of 4.54, 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, Rugby Mining will likely underperform. Use Rugby Mining standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis , to analyze future returns on Rugby Mining.
Auto-correlation | 0.19 |
Very weak predictability
Rugby Mining Limited has very weak predictability. Overlapping area represents the amount of predictability between Rugby Mining time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd 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 Rugby Mining Limited price movement. The serial correlation of 0.19 indicates that over 19.0% of current Rugby Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rugby Mining Limited lagged returns against current returns
Autocorrelation, which is Rugby Mining 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 Rugby Mining's pink sheet expected returns. We can calculate the autocorrelation of Rugby Mining returns to help us make a trade decision. For example, suppose you find that Rugby Mining 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 |
Rugby Mining 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 Rugby Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rugby Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rugby Mining pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Rugby Mining Lagged Returns
When evaluating Rugby Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rugby Mining pink sheet have on its future price. Rugby Mining 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, Rugby Mining autocorrelation shows the relationship between Rugby Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Rugby Mining Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Rugby Pink Sheet
Rugby Mining financial ratios help investors to determine whether Rugby 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 Rugby with respect to the benefits of owning Rugby Mining security.