Rio2 Limited Stock Market Value
| RIOFF Stock | USD 0.48 0.00 0.00% |
| Symbol | Rio2 |
Rio2 '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 Rio2'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 Rio2.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in Rio2 on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Rio2 Limited or generate 0.0% return on investment in Rio2 over 690 days. Rio2 is related to or competes with Aurion Resources, Norsemont Mining, Minaurum Gold, Minera Alamos, and Cerrado Gold. Rio2 Limited engages in the exploration, development, and mining of mineral properties in Canada, Peru, and Chile More
Rio2 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 Rio2'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 Rio2 Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.56 | |||
| Information Ratio | 0.0385 | |||
| Maximum Drawdown | 16.67 | |||
| Value At Risk | (4.26) | |||
| Potential Upside | 5.77 |
Rio2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rio2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rio2's standard deviation. In reality, there are many statistical measures that can use Rio2 historical prices to predict the future Rio2's volatility.| Risk Adjusted Performance | 0.0674 | |||
| Jensen Alpha | 0.2567 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0351 | |||
| Treynor Ratio | (2.17) |
Rio2 Limited Backtested Returns
Rio2 appears to be abnormally volatile, given 3 months investment horizon. Rio2 Limited maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Rio2 Limited, which you can use to evaluate the volatility of the company. Please evaluate Rio2's Coefficient Of Variation of 1278.43, risk adjusted performance of 0.0674, and Semi Deviation of 2.23 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Rio2 holds a performance score of 8. The company holds a Beta of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rio2 are expected to decrease at a much lower rate. During the bear market, Rio2 is likely to outperform the market. Please check Rio2's maximum drawdown and the relationship between the semi variance and market facilitation index , to make a quick decision on whether Rio2's historical price patterns will revert.
Auto-correlation | 0.04 |
Virtually no predictability
Rio2 Limited has virtually no predictability. Overlapping area represents the amount of predictability between Rio2 time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 to 26th 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 Rio2 Limited price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Rio2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Rio2 Limited lagged returns against current returns
Autocorrelation, which is Rio2 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 Rio2's otc stock expected returns. We can calculate the autocorrelation of Rio2 returns to help us make a trade decision. For example, suppose you find that Rio2 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 |
Rio2 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 Rio2 otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rio2 otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rio2 otc stock over time.
Current vs Lagged Prices |
| Timeline |
Rio2 Lagged Returns
When evaluating Rio2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rio2 otc stock have on its future price. Rio2 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, Rio2 autocorrelation shows the relationship between Rio2 otc stock current value and its past values and can show if there is a momentum factor associated with investing in Rio2 Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Rio2 OTC Stock
Rio2 financial ratios help investors to determine whether Rio2 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 Rio2 with respect to the benefits of owning Rio2 security.