Red Cat Holdings Stock Market Value
| RCAT Stock | USD 7.30 0.93 14.60% |
| Symbol | Red |
Red Cat Holdings Price To Book Ratio
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Red Cat. If investors know Red will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Red Cat listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.42) | Revenue Per Share 0.29 | Quarterly Revenue Growth 0.588 | Return On Assets (0.27) | Return On Equity (0.69) |
The market value of Red Cat Holdings is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Cat's value that differs from its market value or its book value, called intrinsic value, which is Red Cat's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Red Cat's market value can be influenced by many factors that don't directly affect Red Cat's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Red Cat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Cat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Cat'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.
Red Cat '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 Red Cat'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 Red Cat.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Red Cat on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Red Cat Holdings or generate 0.0% return on investment in Red Cat over 30 days. Red Cat is related to or competes with Quantum Computing, Rigetti Computing, D Wave, AstroNova, Key Tronic, Identiv, and Stratasys. Red Cat Holdings, Inc., through its subsidiaries, provides various products, services, and solutions to the drone indust... More
Red Cat 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 Red Cat'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 Red Cat Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.45 | |||
| Information Ratio | 0.1725 | |||
| Maximum Drawdown | 29.03 | |||
| Value At Risk | (8.36) | |||
| Potential Upside | 13.75 |
Red Cat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Red Cat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Red Cat's standard deviation. In reality, there are many statistical measures that can use Red Cat historical prices to predict the future Red Cat's volatility.| Risk Adjusted Performance | 0.1483 | |||
| Jensen Alpha | 1.36 | |||
| Total Risk Alpha | 0.5398 | |||
| Sortino Ratio | 0.2433 | |||
| Treynor Ratio | 2.42 |
Red Cat Holdings Backtested Returns
Red Cat is risky given 3 months investment horizon. Red Cat Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the firm had a 0.21% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.65% are justified by taking the suggested risk. Use Red Cat Risk Adjusted Performance of 0.1483, coefficient of variation of 540.87, and Semi Deviation of 4.93 to evaluate company specific risk that cannot be diversified away. Red Cat holds a performance score of 16 on a scale of zero to a hundred. The company holds a Beta of 0.58, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Red Cat's returns are expected to increase less than the market. However, during the bear market, the loss of holding Red Cat is expected to be smaller as well. Use Red Cat potential upside, and the relationship between the total risk alpha and kurtosis , to analyze future returns on Red Cat.
Auto-correlation | 0.69 |
Good predictability
Red Cat Holdings has good predictability. Overlapping area represents the amount of predictability between Red Cat time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Red Cat Holdings price movement. The serial correlation of 0.69 indicates that around 69.0% of current Red Cat price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 1.33 |
Red Cat Holdings lagged returns against current returns
Autocorrelation, which is Red Cat 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 Red Cat's stock expected returns. We can calculate the autocorrelation of Red Cat returns to help us make a trade decision. For example, suppose you find that Red Cat 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 |
Red Cat 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 Red Cat stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Red Cat stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Red Cat stock over time.
Current vs Lagged Prices |
| Timeline |
Red Cat Lagged Returns
When evaluating Red Cat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Red Cat stock have on its future price. Red Cat 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, Red Cat autocorrelation shows the relationship between Red Cat stock current value and its past values and can show if there is a momentum factor associated with investing in Red Cat Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Red Stock Analysis
When running Red Cat's price analysis, check to measure Red Cat'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 Red Cat is operating at the current time. Most of Red Cat's value examination focuses on studying past and present price action to predict the probability of Red Cat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Cat's price. Additionally, you may evaluate how the addition of Red Cat to your portfolios can decrease your overall portfolio volatility.