Regulus Resources Stock Market Value
| REG Stock | CAD 2.02 0.02 1.00% |
| Symbol | Regulus |
Regulus Resources Price To Book Ratio
Regulus 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 Regulus Resources' 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 Regulus Resources.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Regulus Resources on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Regulus Resources or generate 0.0% return on investment in Regulus Resources over 180 days. Regulus Resources is related to or competes with IShares Canadian, PHN Multi, and Altagas Cum. Regulus Resources Inc. operates as a mineral exploration company in Peru, Argentina, Chile, the United States, and Canad... More
Regulus 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 Regulus Resources' 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 Regulus Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.72 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 3.63 |
Regulus Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Regulus Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Regulus Resources' standard deviation. In reality, there are many statistical measures that can use Regulus Resources historical prices to predict the future Regulus Resources' volatility.| Risk Adjusted Performance | 0.0052 | |||
| Jensen Alpha | 0.0018 | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.087 |
Regulus Resources Backtested Returns
Regulus Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.0019, which implies the firm had a -0.0019% return per unit of risk over the last 3 months. Regulus Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Regulus Resources' Risk Adjusted Performance of 0.0052, variance of 4.06, and Coefficient Of Variation of (74,725) to confirm the risk estimate we provide. The company holds a Beta of -0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Regulus Resources are expected to decrease at a much lower rate. During the bear market, Regulus Resources is likely to outperform the market. At this point, Regulus Resources has a negative expected return of -0.0038%. Please make sure to check Regulus Resources' kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Regulus Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Regulus Resources has insignificant reverse predictability. Overlapping area represents the amount of predictability between Regulus Resources time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 Regulus Resources price movement. The serial correlation of -0.19 indicates that over 19.0% of current Regulus Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Regulus Resources lagged returns against current returns
Autocorrelation, which is Regulus Resources 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 Regulus Resources' stock expected returns. We can calculate the autocorrelation of Regulus Resources returns to help us make a trade decision. For example, suppose you find that Regulus Resources has exhibited high autocorrelation historically, and you observe that the 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 |
Regulus 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 Regulus Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Regulus Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Regulus Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Regulus Resources Lagged Returns
When evaluating Regulus Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Regulus Resources stock have on its future price. Regulus 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, Regulus Resources autocorrelation shows the relationship between Regulus Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Regulus Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Regulus Stock Analysis
When running Regulus Resources' price analysis, check to measure Regulus Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Regulus Resources is operating at the current time. Most of Regulus Resources' value examination focuses on studying past and present price action to predict the probability of Regulus Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Regulus Resources' price. Additionally, you may evaluate how the addition of Regulus Resources to your portfolios can decrease your overall portfolio volatility.