Retinalgenix Technologies Stock Market Value
| RTGN Stock | USD 3.20 0.00 0.00% |
| Symbol | RetinalGenix |
RetinalGenix Technologies '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 RetinalGenix Technologies' 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 RetinalGenix Technologies.
| 12/12/2025 |
| 01/11/2026 |
If you would invest 0.00 in RetinalGenix Technologies on December 12, 2025 and sell it all today you would earn a total of 0.00 from holding RetinalGenix Technologies or generate 0.0% return on investment in RetinalGenix Technologies over 30 days. RetinalGenix Technologies is related to or competes with SymBio Pharmaceuticals, InnoCan Pharma, and Goodness Growth. RetinalGeniX Technologies, Inc., an ophthalmic research and development company, focuses on developing technologies to s... More
RetinalGenix Technologies 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 RetinalGenix Technologies' 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 RetinalGenix Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 20.59 |
RetinalGenix Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RetinalGenix Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RetinalGenix Technologies' standard deviation. In reality, there are many statistical measures that can use RetinalGenix Technologies historical prices to predict the future RetinalGenix Technologies' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.88) |
RetinalGenix Technologies Backtested Returns
RetinalGenix Technologies maintains Sharpe Ratio (i.e., Efficiency) of -0.0678, which implies the firm had a -0.0678 % return per unit of risk over the last 3 months. RetinalGenix Technologies exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RetinalGenix Technologies' Coefficient Of Variation of (1,497), risk adjusted performance of (0.04), and Variance of 3.98 to confirm the risk estimate we provide. The company holds a Beta of 0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, RetinalGenix Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding RetinalGenix Technologies is expected to be smaller as well. At this point, RetinalGenix Technologies has a negative expected return of -0.14%. Please make sure to check RetinalGenix Technologies' market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to decide if RetinalGenix Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | 1.00 |
Perfect predictability
RetinalGenix Technologies has perfect predictability. Overlapping area represents the amount of predictability between RetinalGenix Technologies time series from 12th of December 2025 to 27th of December 2025 and 27th of December 2025 to 11th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of RetinalGenix Technologies price movement. The serial correlation of 1.0 indicates that 100.0% of current RetinalGenix Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RetinalGenix Technologies lagged returns against current returns
Autocorrelation, which is RetinalGenix Technologies 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 RetinalGenix Technologies' otc stock expected returns. We can calculate the autocorrelation of RetinalGenix Technologies returns to help us make a trade decision. For example, suppose you find that RetinalGenix Technologies 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 |
RetinalGenix Technologies 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 RetinalGenix Technologies otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RetinalGenix Technologies otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RetinalGenix Technologies otc stock over time.
Current vs Lagged Prices |
| Timeline |
RetinalGenix Technologies Lagged Returns
When evaluating RetinalGenix Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RetinalGenix Technologies otc stock have on its future price. RetinalGenix Technologies 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, RetinalGenix Technologies autocorrelation shows the relationship between RetinalGenix Technologies otc stock current value and its past values and can show if there is a momentum factor associated with investing in RetinalGenix Technologies.
Regressed Prices |
| Timeline |
Pair Trading with RetinalGenix Technologies
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 RetinalGenix Technologies 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 RetinalGenix Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with RetinalGenix OTC Stock
Moving against RetinalGenix OTC Stock
| 0.82 | STE | STERIS plc | PairCorr |
| 0.79 | FYBR | Frontier Communications | PairCorr |
| 0.79 | SANM | Sanmina | PairCorr |
| 0.78 | EW | Edwards Lifesciences Corp | PairCorr |
| 0.69 | WSFS | WSFS Financial | PairCorr |
The ability to find closely correlated positions to RetinalGenix Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RetinalGenix Technologies 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 RetinalGenix Technologies - 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 RetinalGenix Technologies to buy it.
The correlation of RetinalGenix Technologies 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 RetinalGenix Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RetinalGenix Technologies 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 RetinalGenix Technologies 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.Other Information on Investing in RetinalGenix OTC Stock
RetinalGenix Technologies financial ratios help investors to determine whether RetinalGenix 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 RetinalGenix with respect to the benefits of owning RetinalGenix Technologies security.