Rafina Innovations Stock Market Value
| VICA Stock | USD 0.0001 0.00 0.00% |
| Symbol | Rafina |
Rafina Innovations '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 Rafina Innovations' 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 Rafina Innovations.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Rafina Innovations on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Rafina Innovations or generate 0.0% return on investment in Rafina Innovations over 30 days. Rafina Innovations is related to or competes with LENSAR, Sight Sciences, STRATA Skin, EnVVeno Medical, Bone Biologics, Tivic Health, and Bluejay Diagnostics. Rafina Innovations Inc. engages in the research, development, commercialization, and marketing of medical technologies More
Rafina Innovations 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 Rafina Innovations' 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 Rafina Innovations upside and downside potential and time the market with a certain degree of confidence.
Rafina Innovations Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rafina Innovations' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rafina Innovations' standard deviation. In reality, there are many statistical measures that can use Rafina Innovations historical prices to predict the future Rafina Innovations' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rafina Innovations' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Rafina Innovations Backtested Returns
We have found three technical indicators for Rafina Innovations, 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 Rafina Innovations are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Rafina Innovations has no correlation between past and present. Overlapping area represents the amount of predictability between Rafina Innovations time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Rafina Innovations price movement. The serial correlation of 0.0 indicates that just 0.0% of current Rafina Innovations price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rafina Innovations lagged returns against current returns
Autocorrelation, which is Rafina Innovations 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 Rafina Innovations' pink sheet expected returns. We can calculate the autocorrelation of Rafina Innovations returns to help us make a trade decision. For example, suppose you find that Rafina Innovations 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 |
Rafina Innovations 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 Rafina Innovations pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rafina Innovations pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rafina Innovations pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Rafina Innovations Lagged Returns
When evaluating Rafina Innovations' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rafina Innovations pink sheet have on its future price. Rafina Innovations 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, Rafina Innovations autocorrelation shows the relationship between Rafina Innovations pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Rafina Innovations.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Rafina Pink Sheet
Rafina Innovations financial ratios help investors to determine whether Rafina 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 Rafina with respect to the benefits of owning Rafina Innovations security.