Rapid Micro Biosystems Stock Market Value
| RPID Stock | USD 1.15 0.04 3.60% |
| Symbol | Rapid |
Rapid Micro Biosystems Price To Book Ratio
Is Wireless Telecommunication 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 Rapid Micro. If investors know Rapid 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 Rapid Micro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.12) | Revenue Per Share 0.603 | Quarterly Revenue Growth 0.237 | Return On Assets (0.25) | Return On Equity (0.46) |
The market value of Rapid Micro Biosystems is measured differently than its book value, which is the value of Rapid that is recorded on the company's balance sheet. Investors also form their own opinion of Rapid Micro's value that differs from its market value or its book value, called intrinsic value, which is Rapid Micro'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 Rapid Micro's market value can be influenced by many factors that don't directly affect Rapid Micro'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 Rapid Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rapid Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rapid Micro'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.
Rapid Micro '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 Rapid Micro'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 Rapid Micro.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Rapid Micro on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Rapid Micro Biosystems or generate 0.0% return on investment in Rapid Micro over 720 days. Rapid Micro is related to or competes with Rxsight, Axogen, Treace Medical, Pulmonx Corp, Orthofix Medical, Ainos, and SurModics. Rapid Micro Biosystems, Inc., a life sciences technology company, provides products for the detection of microbial conta... More
Rapid Micro 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 Rapid Micro'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 Rapid Micro Biosystems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.85 | |||
| Information Ratio | 0.1176 | |||
| Maximum Drawdown | 24.78 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 4.59 |
Rapid Micro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rapid Micro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rapid Micro's standard deviation. In reality, there are many statistical measures that can use Rapid Micro historical prices to predict the future Rapid Micro's volatility.| Risk Adjusted Performance | 0.1291 | |||
| Jensen Alpha | 0.3474 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1325 | |||
| Treynor Ratio | 0.3996 |
Rapid Micro Biosystems Backtested Returns
Rapid Micro appears to be risky, given 3 months investment horizon. Rapid Micro Biosystems maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Rapid Micro's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please evaluate Rapid Micro's Semi Deviation of 2.21, risk adjusted performance of 0.1291, and Coefficient Of Variation of 631.34 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Rapid Micro holds a performance score of 12. The company holds a Beta of 1.25, 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, Rapid Micro will likely underperform. Please check Rapid Micro's maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether Rapid Micro's historical price patterns will revert.
Auto-correlation | 0.47 |
Average predictability
Rapid Micro Biosystems has average predictability. Overlapping area represents the amount of predictability between Rapid Micro time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 Rapid Micro Biosystems price movement. The serial correlation of 0.47 indicates that about 47.0% of current Rapid Micro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Rapid Micro Biosystems lagged returns against current returns
Autocorrelation, which is Rapid Micro 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 Rapid Micro's stock expected returns. We can calculate the autocorrelation of Rapid Micro returns to help us make a trade decision. For example, suppose you find that Rapid Micro 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 |
Rapid Micro 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 Rapid Micro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rapid Micro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rapid Micro stock over time.
Current vs Lagged Prices |
| Timeline |
Rapid Micro Lagged Returns
When evaluating Rapid Micro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rapid Micro stock have on its future price. Rapid Micro 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, Rapid Micro autocorrelation shows the relationship between Rapid Micro stock current value and its past values and can show if there is a momentum factor associated with investing in Rapid Micro Biosystems.
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 Rapid Micro Biosystems is a strong investment it is important to analyze Rapid Micro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rapid Micro's future performance. For an informed investment choice regarding Rapid Stock, refer to the following important reports:Check out Rapid Micro Correlation, Rapid Micro Volatility and Rapid Micro Alpha and Beta module to complement your research on Rapid Micro. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Rapid Micro 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.