Rockpoint Gas Storage Stock Market Value
| RGSI Stock | 28.12 0.07 0.25% |
| Symbol | Rockpoint |
Rockpoint Gas '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 Rockpoint Gas' 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 Rockpoint Gas.
| 11/26/2025 |
| 12/26/2025 |
If you would invest 0.00 in Rockpoint Gas on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding Rockpoint Gas Storage or generate 0.0% return on investment in Rockpoint Gas over 30 days. Rockpoint Gas is related to or competes with Superior Plus, Boralex, EverGen Infrastructure, ATCO, Brookfield Infrastructure, Maxim Power, and Westbridge Energy. Rockpoint Gas is entity of Canada. It is traded as Stock on TO exchange. More
Rockpoint Gas 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 Rockpoint Gas' 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 Rockpoint Gas Storage upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.5 | |||
| Information Ratio | 0.0709 | |||
| Maximum Drawdown | 9.73 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 4.27 |
Rockpoint Gas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rockpoint Gas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rockpoint Gas' standard deviation. In reality, there are many statistical measures that can use Rockpoint Gas historical prices to predict the future Rockpoint Gas' volatility.| Risk Adjusted Performance | 0.0848 | |||
| Jensen Alpha | 0.1985 | |||
| Total Risk Alpha | 0.0129 | |||
| Sortino Ratio | 0.0939 | |||
| Treynor Ratio | 1.21 |
Rockpoint Gas Storage Backtested Returns
Rockpoint Gas appears to be very steady, given 3 months investment horizon. Rockpoint Gas Storage maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rockpoint Gas Storage, which you can use to evaluate the volatility of the company. Please evaluate Rockpoint Gas' Coefficient Of Variation of 897.59, semi deviation of 1.33, and Risk Adjusted Performance of 0.0848 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Rockpoint Gas holds a performance score of 8. The company holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rockpoint Gas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Rockpoint Gas is expected to be smaller as well. Please check Rockpoint Gas' coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Rockpoint Gas' historical price patterns will revert.
Auto-correlation | -0.24 |
Weak reverse predictability
Rockpoint Gas Storage has weak reverse predictability. Overlapping area represents the amount of predictability between Rockpoint Gas time series from 26th of November 2025 to 11th of December 2025 and 11th of December 2025 to 26th of December 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 Rockpoint Gas Storage price movement. The serial correlation of -0.24 indicates that over 24.0% of current Rockpoint Gas price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Rockpoint Gas Storage lagged returns against current returns
Autocorrelation, which is Rockpoint Gas 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 Rockpoint Gas' stock expected returns. We can calculate the autocorrelation of Rockpoint Gas returns to help us make a trade decision. For example, suppose you find that Rockpoint Gas 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 |
Rockpoint Gas 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 Rockpoint Gas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rockpoint Gas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rockpoint Gas stock over time.
Current vs Lagged Prices |
| Timeline |
Rockpoint Gas Lagged Returns
When evaluating Rockpoint Gas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rockpoint Gas stock have on its future price. Rockpoint Gas 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, Rockpoint Gas autocorrelation shows the relationship between Rockpoint Gas stock current value and its past values and can show if there is a momentum factor associated with investing in Rockpoint Gas Storage.
Regressed Prices |
| Timeline |
Pair Trading with Rockpoint Gas
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rockpoint Gas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rockpoint Gas will appreciate offsetting losses from the drop in the long position's value.Moving against Rockpoint Stock
| 0.78 | AEMC | Alaska Energy Metals | PairCorr |
| 0.67 | MEGO-P | Amego Capital Corp | PairCorr |
| 0.59 | ENA | Enablence Technologies | PairCorr |
| 0.5 | NVDA | NVIDIA CDR | PairCorr |
| 0.49 | NVDA | Nvidia CDR | PairCorr |
The ability to find closely correlated positions to Rockpoint Gas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rockpoint Gas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rockpoint Gas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rockpoint Gas Storage to buy it.
The correlation of Rockpoint Gas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rockpoint Gas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rockpoint Gas Storage moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rockpoint Gas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Rockpoint Stock
Rockpoint Gas financial ratios help investors to determine whether Rockpoint 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 Rockpoint with respect to the benefits of owning Rockpoint Gas security.