Rtg Mining Stock Market Value
RTTGF Stock | USD 0.02 0.00 0.00% |
Symbol | RTG |
RTG Mining '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 RTG Mining's 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 RTG Mining.
01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in RTG Mining on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding RTG Mining or generate 0.0% return on investment in RTG Mining over 30 days. RTG Mining is related to or competes with Piedmont Lithium, Sigma Lithium, Standard Lithium, MP Materials, and Vale SA. RTG Mining Inc. explores for and develops mineral properties More
RTG Mining 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 RTG Mining's 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 RTG Mining upside and downside potential and time the market with a certain degree of confidence.
RTG Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RTG Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RTG Mining's standard deviation. In reality, there are many statistical measures that can use RTG Mining historical prices to predict the future RTG Mining's volatility.RTG Mining Backtested Returns
We have found three technical indicators for RTG Mining, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and RTG Mining are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
RTG Mining has perfect predictability. Overlapping area represents the amount of predictability between RTG Mining time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st 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 RTG Mining price movement. The serial correlation of 1.0 indicates that 100.0% of current RTG Mining 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 |
RTG Mining lagged returns against current returns
Autocorrelation, which is RTG Mining 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 RTG Mining's pink sheet expected returns. We can calculate the autocorrelation of RTG Mining returns to help us make a trade decision. For example, suppose you find that RTG Mining 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 |
RTG Mining 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 RTG Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RTG Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RTG Mining pink sheet over time.
Current vs Lagged Prices |
Timeline |
RTG Mining Lagged Returns
When evaluating RTG Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RTG Mining pink sheet have on its future price. RTG Mining 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, RTG Mining autocorrelation shows the relationship between RTG Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in RTG Mining.
Regressed Prices |
Timeline |
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Other Information on Investing in RTG Pink Sheet
RTG Mining financial ratios help investors to determine whether RTG 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 RTG with respect to the benefits of owning RTG Mining security.