Rockwell Medical Stock Market Value
| RMTI Stock | USD 2.20 0.13 5.58% |
| Symbol | Rockwell |
Rockwell Medical Price To Book Ratio
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rockwell Medical. If investors know Rockwell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rockwell Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 3.041 | Quarterly Revenue Growth 0.429 | Return On Assets (0.04) | Return On Equity (0.29) |
The market value of Rockwell Medical is measured differently than its book value, which is the value of Rockwell that is recorded on the company's balance sheet. Investors also form their own opinion of Rockwell Medical's value that differs from its market value or its book value, called intrinsic value, which is Rockwell Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rockwell Medical's market value can be influenced by many factors that don't directly affect Rockwell Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rockwell Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rockwell Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rockwell Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Rockwell Medical '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 Rockwell Medical'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 Rockwell Medical.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Rockwell Medical on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Rockwell Medical or generate 0.0% return on investment in Rockwell Medical over 30 days. Rockwell Medical is related to or competes with Lifecore Biomedical, Kamada, Intracellular, Regencell Bioscience, Procaps Group, Cumberland Pharmaceuticals, and Incannex Healthcare. Rockwell Medical, Inc., together with its subsidiaries, operates as a biopharmaceutical company that targets end-stage r... More
Rockwell Medical 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 Rockwell Medical'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 Rockwell Medical upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 57.6 | |||
| Value At Risk | (7.07) | |||
| Potential Upside | 8.18 |
Rockwell Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rockwell Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rockwell Medical's standard deviation. In reality, there are many statistical measures that can use Rockwell Medical historical prices to predict the future Rockwell Medical's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (1.16) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rockwell Medical's 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.
Rockwell Medical Backtested Returns
Rockwell Medical maintains Sharpe Ratio (i.e., Efficiency) of -0.0329, which implies the firm had a -0.0329% return per unit of risk over the last 3 months. Rockwell Medical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rockwell Medical's Coefficient Of Variation of (2,875), risk adjusted performance of (0.02), and Variance of 48.24 to confirm the risk estimate we provide. The company holds a Beta of 1.66, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Rockwell Medical will likely underperform. At this point, Rockwell Medical has a negative expected return of -0.23%. Please make sure to check Rockwell Medical's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Rockwell Medical performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.64 |
Very good reverse predictability
Rockwell Medical has very good reverse predictability. Overlapping area represents the amount of predictability between Rockwell Medical time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Rockwell Medical price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Rockwell Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.78 |
Rockwell Medical lagged returns against current returns
Autocorrelation, which is Rockwell Medical 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 Rockwell Medical's stock expected returns. We can calculate the autocorrelation of Rockwell Medical returns to help us make a trade decision. For example, suppose you find that Rockwell Medical 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 |
Rockwell Medical 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 Rockwell Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rockwell Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rockwell Medical stock over time.
Current vs Lagged Prices |
| Timeline |
Rockwell Medical Lagged Returns
When evaluating Rockwell Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rockwell Medical stock have on its future price. Rockwell Medical 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, Rockwell Medical autocorrelation shows the relationship between Rockwell Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Rockwell Medical.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Rockwell Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rockwell Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rockwell Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rockwell Medical Stock:Check out Rockwell Medical Correlation, Rockwell Medical Volatility and Rockwell Medical Alpha and Beta module to complement your research on Rockwell Medical. For more detail on how to invest in Rockwell Stock please use our How to Invest in Rockwell Medical guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Rockwell Medical technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.