Rumble Resources Limited Stock Market Value
| RTRFF Stock | USD 0.02 0.00 0.00% |
| Symbol | Rumble |
Rumble Resources '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 Rumble Resources' 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 Rumble Resources.
| 06/25/2024 |
| 01/16/2026 |
If you would invest 0.00 in Rumble Resources on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Rumble Resources Limited or generate 0.0% return on investment in Rumble Resources over 570 days. Rumble Resources is related to or competes with Eramet SA, Iluka Resources, Iluka Resources, South32 ADR, Nickel Mines, ERAMET SA, and Fletcher Building. Rumble Resources Limited engages in the acquisition, exploration, and evaluation of base and precious metal projects in ... More
Rumble Resources 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 Rumble Resources' 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 Rumble Resources Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1216 | |||
| Maximum Drawdown | 609.68 |
Rumble Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rumble Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rumble Resources' standard deviation. In reality, there are many statistical measures that can use Rumble Resources historical prices to predict the future Rumble Resources' volatility.| Risk Adjusted Performance | 0.0953 | |||
| Jensen Alpha | 8.52 | |||
| Total Risk Alpha | (1.55) | |||
| Treynor Ratio | 1.3 |
Rumble Resources Backtested Returns
Rumble Resources is out of control given 3 months investment horizon. Rumble Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13 % return per unit of risk over the last 3 months. We were able to analyze and collect data for sixteen different technical indicators, which can help you to evaluate if expected returns of 9.68% are justified by taking the suggested risk. Use Rumble Resources Variance of 5631.92, coefficient of variation of 812.4, and Risk Adjusted Performance of 0.0953 to evaluate company specific risk that cannot be diversified away. Rumble Resources holds a performance score of 10 on a scale of zero to a hundred. The company holds a Beta of 7.1, 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, Rumble Resources will likely underperform. Use Rumble Resources information ratio and kurtosis , to analyze future returns on Rumble Resources.
Auto-correlation | -0.37 |
Poor reverse predictability
Rumble Resources Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Rumble Resources time series from 25th of June 2024 to 6th of April 2025 and 6th of April 2025 to 16th 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 Rumble Resources price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Rumble Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rumble Resources lagged returns against current returns
Autocorrelation, which is Rumble Resources 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 Rumble Resources' pink sheet expected returns. We can calculate the autocorrelation of Rumble Resources returns to help us make a trade decision. For example, suppose you find that Rumble Resources 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 |
Rumble Resources 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 Rumble Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rumble Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rumble Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Rumble Resources Lagged Returns
When evaluating Rumble Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rumble Resources pink sheet have on its future price. Rumble Resources 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, Rumble Resources autocorrelation shows the relationship between Rumble Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Rumble Resources Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Rumble Pink Sheet
Rumble Resources financial ratios help investors to determine whether Rumble 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 Rumble with respect to the benefits of owning Rumble Resources security.