Recharge Resources' market value is the price at which a share of Recharge Resources trades on a public exchange. It measures the collective expectations of Recharge Resources investors about its performance. Recharge Resources is trading at 0.0333 as of the 19th of January 2025. This is a 4.72% up since the beginning of the trading day. The stock's lowest day price was 0.0333. With this module, you can estimate the performance of a buy and hold strategy of Recharge Resources and determine expected loss or profit from investing in Recharge Resources over a given investment horizon. Check out Recharge Resources Correlation, Recharge Resources Volatility and Recharge Resources Alpha and Beta module to complement your research on Recharge Resources.
Please note, there is a significant difference between Recharge Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Recharge Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Recharge Resources' 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.
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.
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12/20/2024
No Change 0.00
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In 30 days
01/19/2025
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If you would invest 0.00 in Recharge Resources on December 20, 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 30 days. Recharge Resources is related to or competes with Pampa Metals, Progressive Planet, Adriatic Metals, and Aurelia 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.
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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Recharge Resources. Your research has to be compared to or analyzed against Recharge Resources' peers to derive any actionable benefits. When done correctly, Recharge Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Recharge Resources.
Recharge Resources Backtested Returns
Recharge Resources appears to be out of control, given 3 months investment horizon. Recharge Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.0289, which implies the firm had a 0.0289% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Recharge Resources, which you can use to evaluate the volatility of the company. Please evaluate Recharge Resources' Coefficient Of Variation of 5391.41, semi deviation of 8.49, and Risk Adjusted Performance of 0.0246 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Recharge Resources holds a performance score of 2. The company holds a Beta of -0.12, which implies not very significant fluctuations relative to the market. 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. Please check Recharge Resources' coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to make a quick decision on whether Recharge Resources' historical price patterns will revert.
Auto-correlation
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No correlation between past and present
Recharge Resources has no correlation between past and present. Overlapping area represents the amount of predictability between Recharge Resources time series from 20th of December 2024 to 4th of January 2025 and 4th of January 2025 to 19th of January 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 Recharge Resources price movement. The serial correlation of 0.0 indicates that just 0.0% of current Recharge Resources price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
-0.28
Residual Average
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Price Variance
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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
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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
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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.
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.