Riwi Corp Stock Market Value
| RWCRF Stock | USD 0.45 0.02 4.26% |
| Symbol | RIWI |
RIWI Corp '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 RIWI Corp'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 RIWI Corp.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in RIWI Corp on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding RIWI Corp or generate 0.0% return on investment in RIWI Corp over 30 days. RIWI Corp is related to or competes with Sparta Commercial, Rego Payment, Red Violet, GivBux, EPlus, Freshworks, and Gitlab. RIWI Corp. operates as a trend-tracking and prediction technology firm in the United States, Canada, Europe, and interna... More
RIWI Corp 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 RIWI Corp'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 RIWI Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 24.09 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 3.57 |
RIWI Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RIWI Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RIWI Corp's standard deviation. In reality, there are many statistical measures that can use RIWI Corp historical prices to predict the future RIWI Corp's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.63) |
RIWI Corp Backtested Returns
RIWI Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0694, which implies the firm had a -0.0694% return per unit of standard deviation over the last 3 months. RIWI Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RIWI Corp's Coefficient Of Variation of (1,473), market risk adjusted performance of (0.62), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The company holds a Beta of 0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, RIWI Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding RIWI Corp is expected to be smaller as well. At this point, RIWI Corp has a negative expected return of -0.21%. Please make sure to check RIWI Corp's standard deviation and the relationship between the total risk alpha and day typical price , to decide if RIWI Corp performance from the past will be repeated at some future point.
Auto-correlation | 0.74 |
Good predictability
RIWI Corp has good predictability. Overlapping area represents the amount of predictability between RIWI Corp time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 RIWI Corp price movement. The serial correlation of 0.74 indicates that around 74.0% of current RIWI Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RIWI Corp lagged returns against current returns
Autocorrelation, which is RIWI Corp 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 RIWI Corp's pink sheet expected returns. We can calculate the autocorrelation of RIWI Corp returns to help us make a trade decision. For example, suppose you find that RIWI Corp 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 |
RIWI Corp 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 RIWI Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RIWI Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RIWI Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
RIWI Corp Lagged Returns
When evaluating RIWI Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RIWI Corp pink sheet have on its future price. RIWI Corp 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, RIWI Corp autocorrelation shows the relationship between RIWI Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in RIWI Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in RIWI Pink Sheet
RIWI Corp financial ratios help investors to determine whether RIWI 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 RIWI with respect to the benefits of owning RIWI Corp security.