Small Cap Premium Stock Market Value
| RCC Stock | USD 24.44 0.12 0.49% |
| Symbol | Small |
Small Cap Premium Price To Book Ratio
Is Oil & Gas Exploration & Production 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 Small Cap. If investors know Small 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 Small Cap listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity 0.1426 |
The market value of Small Cap Premium is measured differently than its book value, which is the value of Small that is recorded on the company's balance sheet. Investors also form their own opinion of Small Cap's value that differs from its market value or its book value, called intrinsic value, which is Small Cap'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 Small Cap's market value can be influenced by many factors that don't directly affect Small Cap'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 Small Cap's value and its price as these two are different measures arrived at by different means. Investors typically determine if Small Cap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Small Cap'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.
Small Cap '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 Small Cap'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 Small Cap.
| 08/25/2024 |
| 11/23/2024 |
If you would invest 0.00 in Small Cap on August 25, 2024 and sell it all today you would earn a total of 0.00 from holding Small Cap Premium or generate 0.0% return on investment in Small Cap over 90 days. Small Cap is related to or competes with RiverNorth Specialty, Royce Micro, First Trust, Voya Global, and Ready Capital. Small Cap is entity of United States. It is traded as Stock on NYSE exchange. More
Small Cap 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 Small Cap'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 Small Cap Premium upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4743 | |||
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 2.37 | |||
| Value At Risk | (0.70) | |||
| Potential Upside | 1.03 |
Small Cap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Small Cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Small Cap's standard deviation. In reality, there are many statistical measures that can use Small Cap historical prices to predict the future Small Cap's volatility.| Risk Adjusted Performance | 0.0425 | |||
| Jensen Alpha | 0.0284 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | (0.36) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Small Cap's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Small Cap Premium Backtested Returns
At this point, Small Cap is very steady. Small Cap Premium owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0606, which indicates the firm had a 0.0606% return per unit of risk over the last 3 months. We have found thirty technical indicators for Small Cap Premium, which you can use to evaluate the volatility of the company. Please validate Small Cap's Semi Deviation of 0.3597, risk adjusted performance of 0.0425, and Coefficient Of Variation of 1606.91 to confirm if the risk estimate we provide is consistent with the expected return of 0.031%. Small Cap has a performance score of 4 on a scale of 0 to 100. The entity has a beta of -0.0586, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Small Cap are expected to decrease at a much lower rate. During the bear market, Small Cap is likely to outperform the market. Small Cap Premium right now has a risk of 0.51%. Please validate Small Cap maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Small Cap will be following its existing price patterns.
Auto-correlation | 0.37 |
Below average predictability
Small Cap Premium has below average predictability. Overlapping area represents the amount of predictability between Small Cap time series from 25th of August 2024 to 9th of October 2024 and 9th of October 2024 to 23rd 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 Small Cap Premium price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Small Cap price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Small Cap Premium lagged returns against current returns
Autocorrelation, which is Small Cap 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 Small Cap's stock expected returns. We can calculate the autocorrelation of Small Cap returns to help us make a trade decision. For example, suppose you find that Small Cap 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 |
Small Cap 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 Small Cap stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Small Cap stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Small Cap stock over time.
Current vs Lagged Prices |
| Timeline |
Small Cap Lagged Returns
When evaluating Small Cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Small Cap stock have on its future price. Small Cap 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, Small Cap autocorrelation shows the relationship between Small Cap stock current value and its past values and can show if there is a momentum factor associated with investing in Small Cap Premium.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Small Cap Premium offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Small Cap's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Small Cap Premium Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Small Cap Premium Stock:Check out Small Cap Correlation, Small Cap Volatility and Small Cap Alpha and Beta module to complement your research on Small Cap. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Small Cap technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.