Redflow Limited Stock Market Value
| REFXF Stock | USD 0.01 0.07 87.18% |
| Symbol | RedFlow |
RedFlow '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 RedFlow'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 RedFlow.
| 08/05/2023 |
| 11/27/2024 |
If you would invest 0.00 in RedFlow on August 5, 2023 and sell it all today you would earn a total of 0.00 from holding RedFlow Limited or generate 0.0% return on investment in RedFlow over 480 days. RedFlow is related to or competes with Novonix, Ilika Plc, Novonix, Flux Power, NeoVolta Common, Espey Mfg, and Hayward Holdings. RedFlow Limited develops, manufactures, and sells zinc-bromine flowing electrolyte batteries worldwide More
RedFlow 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 RedFlow'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 RedFlow Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 61.07 | |||
| Information Ratio | 0.1605 | |||
| Maximum Drawdown | 730.04 | |||
| Value At Risk | (41.34) | |||
| Potential Upside | 46.0 |
RedFlow Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RedFlow's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RedFlow's standard deviation. In reality, there are many statistical measures that can use RedFlow historical prices to predict the future RedFlow's volatility.| Risk Adjusted Performance | 0.1335 | |||
| Jensen Alpha | 18.02 | |||
| Total Risk Alpha | 0.4713 | |||
| Sortino Ratio | 0.3075 | |||
| Treynor Ratio | 2.58 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RedFlow'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.
RedFlow Limited Backtested Returns
RedFlow is out of control given 3 months investment horizon. RedFlow Limited maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-eight different technical indicators, which can help you to evaluate if expected returns of 18.47% are justified by taking the suggested risk. Use RedFlow Coefficient Of Variation of 618.72, semi deviation of 17.08, and Risk Adjusted Performance of 0.1335 to evaluate company specific risk that cannot be diversified away. RedFlow holds a performance score of 12 on a scale of zero to a hundred. The company holds a Beta of 7.31, 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, RedFlow will likely underperform. Use RedFlow total risk alpha and the relationship between the potential upside and price action indicator , to analyze future returns on RedFlow.
Auto-correlation | 0.53 |
Modest predictability
RedFlow Limited has modest predictability. Overlapping area represents the amount of predictability between RedFlow time series from 5th of August 2023 to 1st of April 2024 and 1st of April 2024 to 27th 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 RedFlow Limited price movement. The serial correlation of 0.53 indicates that about 53.0% of current RedFlow price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RedFlow Limited lagged returns against current returns
Autocorrelation, which is RedFlow 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 RedFlow's pink sheet expected returns. We can calculate the autocorrelation of RedFlow returns to help us make a trade decision. For example, suppose you find that RedFlow 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 |
RedFlow 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 RedFlow pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RedFlow pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RedFlow pink sheet over time.
Current vs Lagged Prices |
| Timeline |
RedFlow Lagged Returns
When evaluating RedFlow's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RedFlow pink sheet have on its future price. RedFlow 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, RedFlow autocorrelation shows the relationship between RedFlow pink sheet current value and its past values and can show if there is a momentum factor associated with investing in RedFlow Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in RedFlow Pink Sheet
RedFlow financial ratios help investors to determine whether RedFlow 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 RedFlow with respect to the benefits of owning RedFlow security.