Rare Element Resources Stock Market Value
| REEMF Stock | USD 0.78 0.04 5.41% |
| Symbol | Rare |
Rare Element '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 Rare Element's otc 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 Rare Element.
| 01/23/2024 |
| 01/12/2026 |
If you would invest 0.00 in Rare Element on January 23, 2024 and sell it all today you would earn a total of 0.00 from holding Rare Element Resources or generate 0.0% return on investment in Rare Element over 720 days. Rare Element is related to or competes with Chalice Mining, Boss Resources, BCI Minerals, Ucore Rare, Philex Mining, Aclara Resources, and Probe Metals. Rare Element Resources Ltd. engages in the exploration of mineral properties in the United States More
Rare Element 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 Rare Element's otc 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 Rare Element Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 44.8 | |||
| Value At Risk | (10.19) | |||
| Potential Upside | 12.07 |
Rare Element Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rare Element's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rare Element's standard deviation. In reality, there are many statistical measures that can use Rare Element historical prices to predict the future Rare Element's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | (0.08) |
Rare Element Resources Backtested Returns
Rare Element Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.19, which implies the firm had a -0.19 % return per unit of risk over the last 3 months. Rare Element Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rare Element's insignificant Risk Adjusted Performance, coefficient of variation of (5,607), and Variance of 56.87 to confirm the risk estimate we provide. The company holds a Beta of 1.79, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Rare Element will likely underperform. At this point, Rare Element Resources has a negative expected return of -1.2%. Please make sure to check Rare Element's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Rare Element Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Rare Element Resources has average predictability. Overlapping area represents the amount of predictability between Rare Element time series from 23rd of January 2024 to 17th of January 2025 and 17th of January 2025 to 12th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Rare Element Resources price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Rare Element price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Rare Element Resources lagged returns against current returns
Autocorrelation, which is Rare Element otc 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 Rare Element's otc stock expected returns. We can calculate the autocorrelation of Rare Element returns to help us make a trade decision. For example, suppose you find that Rare Element has exhibited high autocorrelation historically, and you observe that the otc 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 |
Rare Element 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 Rare Element otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rare Element otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rare Element otc stock over time.
Current vs Lagged Prices |
| Timeline |
Rare Element Lagged Returns
When evaluating Rare Element's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rare Element otc stock have on its future price. Rare Element 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, Rare Element autocorrelation shows the relationship between Rare Element otc stock current value and its past values and can show if there is a momentum factor associated with investing in Rare Element Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Rare OTC Stock
Rare Element financial ratios help investors to determine whether Rare OTC Stock 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 Rare with respect to the benefits of owning Rare Element security.