Recharge Resources Stock Market Value
| RECHF Stock | USD 0.03 0.0005 1.47% |
| Symbol | Recharge |
Recharge Resources '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 Recharge Resources' 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 Recharge Resources.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Recharge Resources on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Recharge Resources or generate 0.0% return on investment in Recharge Resources over 90 days. Recharge Resources is related to or competes with IGO, and Adriatic Metals. Recharge Resources Ltd., a resource exploration company, acquires and explores for mineral properties in Canada More
Recharge Resources 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 Recharge Resources' 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 Recharge Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.5 | |||
| Information Ratio | 0.0109 | |||
| Maximum Drawdown | 36.36 | |||
| Value At Risk | (12.37) | |||
| Potential Upside | 11.88 |
Recharge Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Recharge Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Recharge Resources' standard deviation. In reality, there are many statistical measures that can use Recharge Resources historical prices to predict the future Recharge Resources' volatility.| Risk Adjusted Performance | 0.0311 | |||
| Jensen Alpha | 0.2731 | |||
| Total Risk Alpha | (1.07) | |||
| Sortino Ratio | 0.0112 | |||
| Treynor Ratio | (0.44) |
Recharge Resources Backtested Returns
At this point, Recharge Resources is out of control. Recharge Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.0079, which implies the firm had a 0.0079% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Recharge Resources, which you can use to evaluate the volatility of the company. Please check Recharge Resources' Semi Deviation of 7.37, coefficient of variation of 3463.62, and Risk Adjusted Performance of 0.0311 to confirm if the risk estimate we provide is consistent with the expected return of 0.0607%. The company holds a Beta of -0.48, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Recharge Resources are expected to decrease at a much lower rate. During the bear market, Recharge Resources is likely to outperform the market. Recharge Resources right now holds a risk of 7.65%. Please check Recharge Resources maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Recharge Resources will be following its historical price patterns.
Auto-correlation | 0.04 |
Virtually no predictability
Recharge Resources has virtually no predictability. Overlapping area represents the amount of predictability between Recharge Resources time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 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 Recharge Resources price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Recharge Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Recharge Resources lagged returns against current returns
Autocorrelation, which is Recharge Resources 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 Recharge Resources' pink sheet expected returns. We can calculate the autocorrelation of Recharge Resources returns to help us make a trade decision. For example, suppose you find that Recharge Resources 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 |
Recharge Resources 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 Recharge Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Recharge Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Recharge Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Recharge Resources Lagged Returns
When evaluating Recharge Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Recharge Resources pink sheet have on its future price. Recharge Resources 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, Recharge Resources autocorrelation shows the relationship between Recharge Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Recharge Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Recharge Pink Sheet
Recharge Resources financial ratios help investors to determine whether Recharge 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 Recharge with respect to the benefits of owning Recharge Resources security.