Nippon Dragon Resources Stock Market Value
| RCCMF Stock | USD 0 0.00 0.00% |
| Symbol | Nippon |
Nippon Dragon '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 Nippon Dragon'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 Nippon Dragon.
| 11/28/2025 |
| 12/28/2025 |
If you would invest 0.00 in Nippon Dragon on November 28, 2025 and sell it all today you would earn a total of 0.00 from holding Nippon Dragon Resources or generate 0.0% return on investment in Nippon Dragon over 30 days. Nippon Dragon is related to or competes with Handeni Gold. Gold Inc. engages in the exploration of precious metals in Canada More
Nippon Dragon 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 Nippon Dragon'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 Nippon Dragon Resources upside and downside potential and time the market with a certain degree of confidence.
Nippon Dragon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nippon Dragon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nippon Dragon's standard deviation. In reality, there are many statistical measures that can use Nippon Dragon historical prices to predict the future Nippon Dragon's volatility.Nippon Dragon Resources Backtested Returns
We have found three technical indicators for Nippon Dragon, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Nippon Dragon are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Nippon Dragon Resources has perfect predictability. Overlapping area represents the amount of predictability between Nippon Dragon time series from 28th of November 2025 to 13th of December 2025 and 13th of December 2025 to 28th 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 Nippon Dragon Resources price movement. The serial correlation of 1.0 indicates that 100.0% of current Nippon Dragon price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nippon Dragon Resources lagged returns against current returns
Autocorrelation, which is Nippon Dragon 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 Nippon Dragon's pink sheet expected returns. We can calculate the autocorrelation of Nippon Dragon returns to help us make a trade decision. For example, suppose you find that Nippon Dragon 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 |
Nippon Dragon 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 Nippon Dragon pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nippon Dragon pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nippon Dragon pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nippon Dragon Lagged Returns
When evaluating Nippon Dragon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nippon Dragon pink sheet have on its future price. Nippon Dragon 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, Nippon Dragon autocorrelation shows the relationship between Nippon Dragon pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nippon Dragon Resources.
Regressed Prices |
| Timeline |
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Other Information on Investing in Nippon Pink Sheet
Nippon Dragon financial ratios help investors to determine whether Nippon 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 Nippon with respect to the benefits of owning Nippon Dragon security.