Rokmaster Resources Corp Stock Market Value
| RKMSF Stock | USD 0.02 0.0005 3.13% |
| Symbol | Rokmaster |
Rokmaster 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 Rokmaster Resources' 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 Rokmaster Resources.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Rokmaster Resources on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Rokmaster Resources Corp or generate 0.0% return on investment in Rokmaster Resources over 180 days. Rokmaster Resources is related to or competes with Amarc Resources, Aftermath Silver, and Aurelia Metals. Rokmaster Resources Corp., an exploration stage company, engages in the acquisition, exploration, and development of min... More
Rokmaster 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 Rokmaster Resources' 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 Rokmaster Resources Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 24.79 | |||
| Information Ratio | 0.0053 | |||
| Maximum Drawdown | 97.5 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 10.0 |
Rokmaster Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rokmaster Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rokmaster Resources' standard deviation. In reality, there are many statistical measures that can use Rokmaster Resources historical prices to predict the future Rokmaster Resources' volatility.| Risk Adjusted Performance | 0.0224 | |||
| Jensen Alpha | 0.2141 | |||
| Total Risk Alpha | (1.51) | |||
| Sortino Ratio | 0.0023 | |||
| Treynor Ratio | (0.55) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rokmaster Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Rokmaster Resources Corp Backtested Returns
Rokmaster Resources appears to be out of control, given 3 months investment horizon. Rokmaster Resources Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0175, which implies the firm had a 0.0175% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Rokmaster Resources Corp, which you can use to evaluate the volatility of the company. Please evaluate Rokmaster Resources' Semi Deviation of 7.14, coefficient of variation of 5834.74, and Risk Adjusted Performance of 0.0224 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Rokmaster Resources holds a performance score of 1. 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 Rokmaster Resources are expected to decrease at a much lower rate. During the bear market, Rokmaster Resources is likely to outperform the market. Please check Rokmaster Resources' treynor ratio, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Rokmaster Resources' historical price patterns will revert.
Auto-correlation | -0.52 |
Good reverse predictability
Rokmaster Resources Corp has good reverse predictability. Overlapping area represents the amount of predictability between Rokmaster Resources time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Rokmaster Resources Corp price movement. The serial correlation of -0.52 indicates that about 52.0% of current Rokmaster Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rokmaster Resources Corp lagged returns against current returns
Autocorrelation, which is Rokmaster Resources 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 Rokmaster Resources' otc stock expected returns. We can calculate the autocorrelation of Rokmaster Resources returns to help us make a trade decision. For example, suppose you find that Rokmaster Resources 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 |
Rokmaster 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 Rokmaster Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rokmaster Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rokmaster Resources otc stock over time.
Current vs Lagged Prices |
| Timeline |
Rokmaster Resources Lagged Returns
When evaluating Rokmaster Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rokmaster Resources otc stock have on its future price. Rokmaster 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, Rokmaster Resources autocorrelation shows the relationship between Rokmaster Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Rokmaster Resources Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Rokmaster OTC Stock
Rokmaster Resources financial ratios help investors to determine whether Rokmaster 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 Rokmaster with respect to the benefits of owning Rokmaster Resources security.