Resaas Services Stock Market Value
| RSASF Stock | USD 0.20 0.02 11.11% |
| Symbol | RESAAS |
RESAAS Services '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 RESAAS Services' otc 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 RESAAS Services.
| 10/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in RESAAS Services on October 30, 2023 and sell it all today you would earn a total of 0.00 from holding RESAAS Services or generate 0.0% return on investment in RESAAS Services over 390 days. RESAAS Services is related to or competes with LifeSpeak, and RenoWorks Software. RESAAS Services Inc. engages in the development of web and mobile communications software for the real estate industry More
RESAAS Services 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 RESAAS Services' otc 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 RESAAS Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.24 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 51.65 | |||
| Value At Risk | (12.00) | |||
| Potential Upside | 12.5 |
RESAAS Services Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RESAAS Services' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RESAAS Services' standard deviation. In reality, there are many statistical measures that can use RESAAS Services historical prices to predict the future RESAAS Services' volatility.| Risk Adjusted Performance | 0.0109 | |||
| Jensen Alpha | 0.1363 | |||
| Total Risk Alpha | (1.22) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RESAAS Services' 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.
RESAAS Services Backtested Returns
At this point, RESAAS Services is out of control. RESAAS Services maintains Sharpe Ratio (i.e., Efficiency) of 0.0025, which implies the firm had a 0.0025% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for RESAAS Services, which you can use to evaluate the volatility of the company. Please check RESAAS Services' Semi Deviation of 5.37, market risk adjusted performance of 9.0E-4, and Risk Adjusted Performance of 0.0109 to confirm if the risk estimate we provide is consistent with the expected return of 0.0201%. The company holds a Beta of -1.05, which implies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning RESAAS Services are expected to decrease slowly. On the other hand, during market turmoil, RESAAS Services is expected to outperform it slightly. RESAAS Services currently holds a risk of 7.95%. Please check RESAAS Services value at risk and the relationship between the expected short fall and period momentum indicator , to decide if RESAAS Services will be following its historical price patterns.
Auto-correlation | 0.17 |
Very weak predictability
RESAAS Services has very weak predictability. Overlapping area represents the amount of predictability between RESAAS Services time series from 30th of October 2023 to 12th of May 2024 and 12th of May 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 RESAAS Services price movement. The serial correlation of 0.17 indicates that over 17.0% of current RESAAS Services price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RESAAS Services lagged returns against current returns
Autocorrelation, which is RESAAS Services otc 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 RESAAS Services' otc stock expected returns. We can calculate the autocorrelation of RESAAS Services returns to help us make a trade decision. For example, suppose you find that RESAAS Services has exhibited high autocorrelation historically, and you observe that the otc 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 |
RESAAS Services 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 RESAAS Services otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RESAAS Services otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RESAAS Services otc stock over time.
Current vs Lagged Prices |
| Timeline |
RESAAS Services Lagged Returns
When evaluating RESAAS Services' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RESAAS Services otc stock have on its future price. RESAAS Services 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, RESAAS Services autocorrelation shows the relationship between RESAAS Services otc stock current value and its past values and can show if there is a momentum factor associated with investing in RESAAS Services.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in RESAAS OTC Stock
RESAAS Services financial ratios help investors to determine whether RESAAS OTC Stock 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 RESAAS with respect to the benefits of owning RESAAS Services security.