Roma Green Finance Stock Market Value
| ROMA Stock | 0.68 0.02 3.03% |
| Symbol | Roma |
Roma Green Finance Price To Book Ratio
Is Environmental & Facilities Services 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 Roma Green. If investors know Roma 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 Roma Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.09) | Revenue Per Share 1.217 | Quarterly Revenue Growth (0.35) | Return On Assets (0.11) | Return On Equity (0.20) |
The market value of Roma Green Finance is measured differently than its book value, which is the value of Roma that is recorded on the company's balance sheet. Investors also form their own opinion of Roma Green's value that differs from its market value or its book value, called intrinsic value, which is Roma Green'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 Roma Green's market value can be influenced by many factors that don't directly affect Roma Green'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 Roma Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roma Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roma Green'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.
Roma Green '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 Roma Green'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 Roma Green.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Roma Green on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Roma Green Finance or generate 0.0% return on investment in Roma Green over 270 days. Roma Green is related to or competes with LENSAR, Viemed Healthcare, Cumberland Pharmaceuticals, Sphere Entertainment, Ziff Davis, Teleflex Incorporated, and Weibo Corp. Roma Financial Corporationration operates as a holding company for Roma Bank and RomAsia Bank that provide traditional retail banking services primarily in New Jersey. More
Roma Green 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 Roma Green'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 Roma Green Finance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.79 | |||
| Information Ratio | 0.0662 | |||
| Maximum Drawdown | 34.61 | |||
| Value At Risk | (6.06) | |||
| Potential Upside | 9.64 |
Roma Green Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roma Green's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roma Green's standard deviation. In reality, there are many statistical measures that can use Roma Green historical prices to predict the future Roma Green's volatility.| Risk Adjusted Performance | 0.0777 | |||
| Jensen Alpha | 0.4781 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.0627 | |||
| Treynor Ratio | 9.88 |
Roma Green Finance Backtested Returns
Roma Green appears to be abnormally volatile, given 3 months investment horizon. Roma Green Finance maintains Sharpe Ratio (i.e., Efficiency) of 0.0908, which implies the firm had a 0.0908% return per unit of risk over the last 3 months. By analyzing Roma Green's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please evaluate Roma Green's Coefficient Of Variation of 1110.24, semi deviation of 4.37, and Risk Adjusted Performance of 0.0777 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Roma Green holds a performance score of 7. The company holds a Beta of 0.049, which implies not very significant fluctuations relative to the market. As returns on the market increase, Roma Green's returns are expected to increase less than the market. However, during the bear market, the loss of holding Roma Green is expected to be smaller as well. Please check Roma Green's sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to make a quick decision on whether Roma Green's historical price patterns will revert.
Auto-correlation | -0.67 |
Very good reverse predictability
Roma Green Finance has very good reverse predictability. Overlapping area represents the amount of predictability between Roma Green time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Roma Green Finance price movement. The serial correlation of -0.67 indicates that around 67.0% of current Roma Green price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Roma Green Finance lagged returns against current returns
Autocorrelation, which is Roma Green 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 Roma Green's stock expected returns. We can calculate the autocorrelation of Roma Green returns to help us make a trade decision. For example, suppose you find that Roma Green 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 |
Roma Green 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 Roma Green stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roma Green stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roma Green stock over time.
Current vs Lagged Prices |
| Timeline |
Roma Green Lagged Returns
When evaluating Roma Green's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roma Green stock have on its future price. Roma Green 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, Roma Green autocorrelation shows the relationship between Roma Green stock current value and its past values and can show if there is a momentum factor associated with investing in Roma Green Finance.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Roma Green Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Roma Green'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 Roma Green Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Roma Green Finance Stock:Check out Roma Green Correlation, Roma Green Volatility and Roma Green Alpha and Beta module to complement your research on Roma Green. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Roma Green 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.