Reservoir Media Stock Market Value
| RSVR Stock | USD 9.43 0.44 4.89% |
| Symbol | Reservoir |
Reservoir Media Price To Book Ratio
Is Movies & Entertainment 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 Reservoir Media. If investors know Reservoir 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 Reservoir Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.66) | Revenue Per Share 2.303 | Quarterly Revenue Growth 0.059 | Return On Assets 0.0248 | Return On Equity (0.0009) |
The market value of Reservoir Media is measured differently than its book value, which is the value of Reservoir that is recorded on the company's balance sheet. Investors also form their own opinion of Reservoir Media's value that differs from its market value or its book value, called intrinsic value, which is Reservoir Media'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 Reservoir Media's market value can be influenced by many factors that don't directly affect Reservoir Media'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 Reservoir Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reservoir Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reservoir Media'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.
Reservoir Media '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 Reservoir Media'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 Reservoir Media.
| 12/01/2023 |
| 11/25/2024 |
If you would invest 0.00 in Reservoir Media on December 1, 2023 and sell it all today you would earn a total of 0.00 from holding Reservoir Media or generate 0.0% return on investment in Reservoir Media over 360 days. Reservoir Media is related to or competes with ADTRAN, Belden, ADC Therapeutics, Comtech Telecommunicatio, and CTS. Reservoir Media, Inc. operates as a music publishing company More
Reservoir Media 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 Reservoir Media'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 Reservoir Media upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.38 | |||
| Information Ratio | 0.1133 | |||
| Maximum Drawdown | 9.49 | |||
| Value At Risk | (3.81) | |||
| Potential Upside | 3.91 |
Reservoir Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reservoir Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reservoir Media's standard deviation. In reality, there are many statistical measures that can use Reservoir Media historical prices to predict the future Reservoir Media's volatility.| Risk Adjusted Performance | 0.1371 | |||
| Jensen Alpha | 0.176 | |||
| Total Risk Alpha | 0.019 | |||
| Sortino Ratio | 0.11 | |||
| Treynor Ratio | 0.2239 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Reservoir Media's 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.
Reservoir Media Backtested Returns
Reservoir Media appears to be not too volatile, given 3 months investment horizon. Reservoir Media maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Reservoir Media, which you can use to evaluate the volatility of the company. Please evaluate Reservoir Media's Semi Deviation of 2.12, risk adjusted performance of 0.1371, and Coefficient Of Variation of 588.03 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Reservoir Media holds a performance score of 11. The company holds a Beta of 1.71, 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, Reservoir Media will likely underperform. Please check Reservoir Media's downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Reservoir Media's historical price patterns will revert.
Auto-correlation | 0.58 |
Modest predictability
Reservoir Media has modest predictability. Overlapping area represents the amount of predictability between Reservoir Media time series from 1st of December 2023 to 29th of May 2024 and 29th of May 2024 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 Reservoir Media price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Reservoir Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Reservoir Media lagged returns against current returns
Autocorrelation, which is Reservoir Media 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 Reservoir Media's stock expected returns. We can calculate the autocorrelation of Reservoir Media returns to help us make a trade decision. For example, suppose you find that Reservoir Media 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 |
Reservoir Media 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 Reservoir Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reservoir Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reservoir Media stock over time.
Current vs Lagged Prices |
| Timeline |
Reservoir Media Lagged Returns
When evaluating Reservoir Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reservoir Media stock have on its future price. Reservoir Media 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, Reservoir Media autocorrelation shows the relationship between Reservoir Media stock current value and its past values and can show if there is a momentum factor associated with investing in Reservoir Media.
Regressed Prices |
| Timeline |
Pair Trading with Reservoir Media
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 Reservoir Media 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 Reservoir Media will appreciate offsetting losses from the drop in the long position's value.Moving together with Reservoir Stock
| 0.76 | CNK | Cinemark Holdings | PairCorr |
| 0.8 | EDR | Endeavor Group Holdings | PairCorr |
| 0.65 | T | ATT Inc Aggressive Push | PairCorr |
| 0.62 | Z | Zillow Group Class | PairCorr |
Moving against Reservoir Stock
| 0.73 | TC | TuanChe ADR | PairCorr |
| 0.64 | TU | Telus Corp | PairCorr |
| 0.45 | DLPN | Dolphin Entertainment | PairCorr |
| 0.34 | GDEVW | Nexters Warrant | PairCorr |
The ability to find closely correlated positions to Reservoir Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Reservoir Media 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 Reservoir Media - 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 Reservoir Media to buy it.
The correlation of Reservoir Media 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 Reservoir Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Reservoir Media 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 Reservoir Media 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 Reservoir Stock Analysis
When running Reservoir Media's price analysis, check to measure Reservoir Media's 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 Reservoir Media is operating at the current time. Most of Reservoir Media's value examination focuses on studying past and present price action to predict the probability of Reservoir Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reservoir Media's price. Additionally, you may evaluate how the addition of Reservoir Media to your portfolios can decrease your overall portfolio volatility.