Rjk Explorations Stock Market Value
| RJKAF Stock | USD 0.03 0.01 65.56% |
| Symbol | RJK |
RJK Explorations '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 RJK Explorations' 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 RJK Explorations.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in RJK Explorations on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding RJK Explorations or generate 0.0% return on investment in RJK Explorations over 30 days. RJK Explorations is related to or competes with Silver Tiger, Integra Resources, SilverCrest Metals, Viscount Mining, Scottie Resources, Summa Silver, and Equity Metals. RJK Explorations Ltd., a mineral exploration company, acquires, explores for, and develops mineral resource properties i... More
RJK Explorations 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 RJK Explorations' 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 RJK Explorations upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1371 | |||
| Maximum Drawdown | 188.77 | |||
| Value At Risk | (17.40) | |||
| Potential Upside | 48.37 |
RJK Explorations Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RJK Explorations' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RJK Explorations' standard deviation. In reality, there are many statistical measures that can use RJK Explorations historical prices to predict the future RJK Explorations' volatility.| Risk Adjusted Performance | 0.1266 | |||
| Jensen Alpha | 3.65 | |||
| Total Risk Alpha | 2.71 | |||
| Treynor Ratio | (0.64) |
RJK Explorations Backtested Returns
RJK Explorations is out of control given 3 months investment horizon. RJK Explorations maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15 % return per unit of volatility over the last 3 months. We were able to analyze twenty-one different technical indicators, which can help you to evaluate if expected returns of 3.86% are justified by taking the suggested risk. Use RJK Explorations risk adjusted performance of 0.1266, and Coefficient Of Variation of 721.72 to evaluate company specific risk that cannot be diversified away. RJK Explorations holds a performance score of 11 on a scale of zero to a hundred. The company holds a Beta of -5.48, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning RJK Explorations are expected to decrease by larger amounts. On the other hand, during market turmoil, RJK Explorations is expected to outperform it. Use RJK Explorations total risk alpha and the relationship between the skewness and price action indicator , to analyze future returns on RJK Explorations.
Auto-correlation | -0.38 |
Poor reverse predictability
RJK Explorations has poor reverse predictability. Overlapping area represents the amount of predictability between RJK Explorations time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st of January 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 RJK Explorations price movement. The serial correlation of -0.38 indicates that just about 38.0% of current RJK Explorations price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RJK Explorations lagged returns against current returns
Autocorrelation, which is RJK Explorations 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 RJK Explorations' pink sheet expected returns. We can calculate the autocorrelation of RJK Explorations returns to help us make a trade decision. For example, suppose you find that RJK Explorations 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 |
RJK Explorations 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 RJK Explorations pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RJK Explorations pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RJK Explorations pink sheet over time.
Current vs Lagged Prices |
| Timeline |
RJK Explorations Lagged Returns
When evaluating RJK Explorations' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RJK Explorations pink sheet have on its future price. RJK Explorations 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, RJK Explorations autocorrelation shows the relationship between RJK Explorations pink sheet current value and its past values and can show if there is a momentum factor associated with investing in RJK Explorations.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in RJK Pink Sheet
RJK Explorations financial ratios help investors to determine whether RJK 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 RJK with respect to the benefits of owning RJK Explorations security.