Rezolute Stock Market Value
| RZLT Stock | USD 4.86 0.05 1.02% |
| Symbol | Rezolute |
Rezolute Price To Book Ratio
Is Biotechnology 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 Rezolute. If investors know Rezolute 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 Rezolute listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.27) | Return On Assets (0.34) | Return On Equity (0.58) |
The market value of Rezolute is measured differently than its book value, which is the value of Rezolute that is recorded on the company's balance sheet. Investors also form their own opinion of Rezolute's value that differs from its market value or its book value, called intrinsic value, which is Rezolute'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 Rezolute's market value can be influenced by many factors that don't directly affect Rezolute'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 Rezolute's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rezolute is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rezolute'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.
Rezolute '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 Rezolute'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 Rezolute.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Rezolute on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Rezolute or generate 0.0% return on investment in Rezolute over 90 days. Rezolute is related to or competes with Eledon Pharmaceuticals, Clene, and Larimar Therapeutics. Rezolute, Inc., a clinical stage biopharmaceutical company, develops therapies for metabolic diseases associated with ch... More
Rezolute 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 Rezolute'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 Rezolute upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.43 | |||
| Information Ratio | 0.0406 | |||
| Maximum Drawdown | 30.01 | |||
| Value At Risk | (5.54) | |||
| Potential Upside | 6.81 |
Rezolute Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rezolute's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rezolute's standard deviation. In reality, there are many statistical measures that can use Rezolute historical prices to predict the future Rezolute's volatility.| Risk Adjusted Performance | 0.0625 | |||
| Jensen Alpha | 0.1095 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.0514 | |||
| Treynor Ratio | 0.1914 |
Rezolute Backtested Returns
Currently, Rezolute is moderately volatile. Rezolute maintains Sharpe Ratio (i.e., Efficiency) of 0.0347, which implies the firm had a 0.0347% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rezolute, which you can use to evaluate the volatility of the company. Please check Rezolute's Risk Adjusted Performance of 0.0625, semi deviation of 3.11, and Coefficient Of Variation of 1413.19 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Rezolute has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of 1.55, 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, Rezolute will likely underperform. Rezolute right now holds a risk of 4.27%. Please check Rezolute maximum drawdown, skewness, as well as the relationship between the Skewness and day typical price , to decide if Rezolute will be following its historical price patterns.
Auto-correlation | 0.46 |
Average predictability
Rezolute has average predictability. Overlapping area represents the amount of predictability between Rezolute time series from 28th of August 2024 to 12th of October 2024 and 12th of October 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 Rezolute price movement. The serial correlation of 0.46 indicates that about 46.0% of current Rezolute price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Rezolute lagged returns against current returns
Autocorrelation, which is Rezolute 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 Rezolute's stock expected returns. We can calculate the autocorrelation of Rezolute returns to help us make a trade decision. For example, suppose you find that Rezolute 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 |
Rezolute 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 Rezolute stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rezolute stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rezolute stock over time.
Current vs Lagged Prices |
| Timeline |
Rezolute Lagged Returns
When evaluating Rezolute's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rezolute stock have on its future price. Rezolute 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, Rezolute autocorrelation shows the relationship between Rezolute stock current value and its past values and can show if there is a momentum factor associated with investing in Rezolute.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Rezolute Stock Analysis
When running Rezolute's price analysis, check to measure Rezolute'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 Rezolute is operating at the current time. Most of Rezolute's value examination focuses on studying past and present price action to predict the probability of Rezolute's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rezolute's price. Additionally, you may evaluate how the addition of Rezolute to your portfolios can decrease your overall portfolio volatility.