Rapala Vmc Stock Market Value
| RPNMF Stock | USD 2.86 0.00 0.00% |
| Symbol | Rapala |
Rapala VMC '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 Rapala VMC's 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 Rapala VMC.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Rapala VMC on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Rapala VMC or generate 0.0% return on investment in Rapala VMC over 720 days. Rapala VMC is related to or competes with HUMANA, Barloworld, Morningstar Unconstrained, High-yield Municipal, Thrivent High, Via Renewables, and American Century. Rapala VMC Corporation, together with its subsidiaries, engages in manufacturing, sourcing, and distributing fishing tac... More
Rapala VMC 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 Rapala VMC's 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 Rapala VMC upside and downside potential and time the market with a certain degree of confidence.
Rapala VMC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rapala VMC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rapala VMC's standard deviation. In reality, there are many statistical measures that can use Rapala VMC historical prices to predict the future Rapala VMC's volatility.Rapala VMC Backtested Returns
We have found three technical indicators for Rapala VMC, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Rapala VMC are completely uncorrelated.
Auto-correlation | -0.88 |
Excellent reverse predictability
Rapala VMC has excellent reverse predictability. Overlapping area represents the amount of predictability between Rapala VMC time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 Rapala VMC price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current Rapala VMC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
Rapala VMC lagged returns against current returns
Autocorrelation, which is Rapala VMC 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 Rapala VMC's pink sheet expected returns. We can calculate the autocorrelation of Rapala VMC returns to help us make a trade decision. For example, suppose you find that Rapala VMC 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 |
Rapala VMC 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 Rapala VMC pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rapala VMC pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rapala VMC pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Rapala VMC Lagged Returns
When evaluating Rapala VMC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rapala VMC pink sheet have on its future price. Rapala VMC 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, Rapala VMC autocorrelation shows the relationship between Rapala VMC pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Rapala VMC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Rapala Pink Sheet
Rapala VMC financial ratios help investors to determine whether Rapala 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 Rapala with respect to the benefits of owning Rapala VMC security.