RFM Corp (Philippines) Market Value
| RFM Stock | 3.89 0.01 0.26% |
| Symbol | RFM |
RFM Corp '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 RFM Corp's 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 RFM Corp.
| 10/31/2023 |
| 11/24/2024 |
If you would invest 0.00 in RFM Corp on October 31, 2023 and sell it all today you would earn a total of 0.00 from holding RFM Corp or generate 0.0% return on investment in RFM Corp over 390 days. RFM Corp is related to or competes with Axelum Resources. More
RFM Corp 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 RFM Corp's 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 RFM Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.26 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 2.37 |
RFM Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RFM Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RFM Corp's standard deviation. In reality, there are many statistical measures that can use RFM Corp historical prices to predict the future RFM Corp's volatility.| Risk Adjusted Performance | 0.0438 | |||
| Jensen Alpha | 0.0967 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.18) |
RFM Corp Backtested Returns
At this point, RFM Corp is somewhat reliable. RFM Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0493, which implies the firm had a 0.0493% return per unit of volatility over the last 3 months. We have found thirty technical indicators for RFM Corp, which you can use to evaluate the volatility of the company. Please check RFM Corp's risk adjusted performance of 0.0438, and Semi Deviation of 1.13 to confirm if the risk estimate we provide is consistent with the expected return of 0.0661%. RFM Corp has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of -0.32, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning RFM Corp are expected to decrease at a much lower rate. During the bear market, RFM Corp is likely to outperform the market. RFM Corp currently holds a risk of 1.34%. Please check RFM Corp sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to decide if RFM Corp will be following its historical price patterns.
Auto-correlation | 0.58 |
Modest predictability
RFM Corp has modest predictability. Overlapping area represents the amount of predictability between RFM Corp time series from 31st of October 2023 to 13th of May 2024 and 13th of May 2024 to 24th 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 RFM Corp price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current RFM Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
RFM Corp lagged returns against current returns
Autocorrelation, which is RFM Corp 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 RFM Corp's stock expected returns. We can calculate the autocorrelation of RFM Corp returns to help us make a trade decision. For example, suppose you find that RFM Corp 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 |
RFM Corp 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 RFM Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RFM Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RFM Corp stock over time.
Current vs Lagged Prices |
| Timeline |
RFM Corp Lagged Returns
When evaluating RFM Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RFM Corp stock have on its future price. RFM Corp 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, RFM Corp autocorrelation shows the relationship between RFM Corp stock current value and its past values and can show if there is a momentum factor associated with investing in RFM Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in RFM Stock
RFM Corp financial ratios help investors to determine whether RFM 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 RFM with respect to the benefits of owning RFM Corp security.