Richtech Robotics Class Stock Market Value
| RR Stock | 2.75 0.29 9.54% |
| Symbol | Richtech |
Richtech Robotics Class Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 Richtech Robotics. If investors know Richtech 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 Richtech Robotics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.12) | Revenue Per Share | Quarterly Revenue Growth 0.137 | Return On Assets | Return On Equity |
The market value of Richtech Robotics Class is measured differently than its book value, which is the value of Richtech that is recorded on the company's balance sheet. Investors also form their own opinion of Richtech Robotics' value that differs from its market value or its book value, called intrinsic value, which is Richtech Robotics' 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 Richtech Robotics' market value can be influenced by many factors that don't directly affect Richtech Robotics' 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 Richtech Robotics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Richtech Robotics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richtech Robotics' 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.
Richtech Robotics '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 Richtech Robotics' 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 Richtech Robotics.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in Richtech Robotics on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding Richtech Robotics Class or generate 0.0% return on investment in Richtech Robotics over 30 days. Richtech Robotics is related to or competes with BRP, Kingdee International, JD Sports, Canlan Ice, Xponential Fitness, and ServiceNow. Richtech Robotics is entity of United States More
Richtech Robotics 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 Richtech Robotics' 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 Richtech Robotics Class upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.5 | |||
| Information Ratio | 0.2115 | |||
| Maximum Drawdown | 94.26 | |||
| Value At Risk | (13.29) | |||
| Potential Upside | 26.8 |
Richtech Robotics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Richtech Robotics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Richtech Robotics' standard deviation. In reality, there are many statistical measures that can use Richtech Robotics historical prices to predict the future Richtech Robotics' volatility.| Risk Adjusted Performance | 0.1599 | |||
| Jensen Alpha | 3.3 | |||
| Total Risk Alpha | 3.27 | |||
| Sortino Ratio | 0.3468 | |||
| Treynor Ratio | 23.13 |
Richtech Robotics Class Backtested Returns
Richtech Robotics is abnormally volatile given 3 months investment horizon. Richtech Robotics Class maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23 % return per unit of risk over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 3.77% are justified by taking the suggested risk. Use Richtech Robotics Coefficient Of Variation of 471.15, semi deviation of 8.3, and Risk Adjusted Performance of 0.1599 to evaluate company specific risk that cannot be diversified away. Richtech Robotics holds a performance score of 18 on a scale of zero to a hundred. The company holds a Beta of 0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, Richtech Robotics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Richtech Robotics is expected to be smaller as well. Use Richtech Robotics downside variance, and the relationship between the total risk alpha and daily balance of power , to analyze future returns on Richtech Robotics.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Richtech Robotics Class has insignificant reverse predictability. Overlapping area represents the amount of predictability between Richtech Robotics time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Richtech Robotics Class price movement. The serial correlation of -0.16 indicates that over 16.0% of current Richtech Robotics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Richtech Robotics Class lagged returns against current returns
Autocorrelation, which is Richtech Robotics 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 Richtech Robotics' stock expected returns. We can calculate the autocorrelation of Richtech Robotics returns to help us make a trade decision. For example, suppose you find that Richtech Robotics 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 |
Richtech Robotics 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 Richtech Robotics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Richtech Robotics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Richtech Robotics stock over time.
Current vs Lagged Prices |
| Timeline |
Richtech Robotics Lagged Returns
When evaluating Richtech Robotics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Richtech Robotics stock have on its future price. Richtech Robotics 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, Richtech Robotics autocorrelation shows the relationship between Richtech Robotics stock current value and its past values and can show if there is a momentum factor associated with investing in Richtech Robotics Class.
Regressed Prices |
| Timeline |
Pair Trading with Richtech Robotics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Richtech Robotics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Richtech Robotics will appreciate offsetting losses from the drop in the long position's value.Moving together with Richtech Stock
Moving against Richtech Stock
| 0.86 | IR | Ingersoll Rand | PairCorr |
| 0.85 | FELE | Franklin Electric | PairCorr |
| 0.81 | EPAC | Enerpac Tool Group | PairCorr |
| 0.77 | AME | Ametek Inc | PairCorr |
| 0.73 | DCI | Donaldson | PairCorr |
The ability to find closely correlated positions to Richtech Robotics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Richtech Robotics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Richtech Robotics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Richtech Robotics Class to buy it.
The correlation of Richtech Robotics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Richtech Robotics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Richtech Robotics Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Richtech Robotics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Richtech Stock Analysis
When running Richtech Robotics' price analysis, check to measure Richtech Robotics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Richtech Robotics is operating at the current time. Most of Richtech Robotics' value examination focuses on studying past and present price action to predict the probability of Richtech Robotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Richtech Robotics' price. Additionally, you may evaluate how the addition of Richtech Robotics to your portfolios can decrease your overall portfolio volatility.