Rain Enhancement Technologies Stock Market Value
| RAIN Stock | USD 2.09 0.06 2.96% |
| Symbol | Rain |
Rain Enhancement Tec 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 Rain Enhancement. If investors know Rain 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 Rain Enhancement listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Rain Enhancement Tec is measured differently than its book value, which is the value of Rain that is recorded on the company's balance sheet. Investors also form their own opinion of Rain Enhancement's value that differs from its market value or its book value, called intrinsic value, which is Rain Enhancement'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 Rain Enhancement's market value can be influenced by many factors that don't directly affect Rain Enhancement'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 Rain Enhancement's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rain Enhancement is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rain Enhancement'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.
Rain Enhancement '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 Rain Enhancement'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 Rain Enhancement.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Rain Enhancement on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Rain Enhancement Technologies or generate 0.0% return on investment in Rain Enhancement over 90 days. Rain Enhancement is related to or competes with Enveric Biosciences, Elevation Oncology, and Zura Bio. Rain Therapeutics Inc., a clinical-stage precision oncology company, engages in developing therapies that target oncogen... More
Rain Enhancement 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 Rain Enhancement'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 Rain Enhancement Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.33 | |||
| Information Ratio | 0.1008 | |||
| Maximum Drawdown | 512.67 | |||
| Value At Risk | (15.75) | |||
| Potential Upside | 15.58 |
Rain Enhancement Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rain Enhancement's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rain Enhancement's standard deviation. In reality, there are many statistical measures that can use Rain Enhancement historical prices to predict the future Rain Enhancement's volatility.| Risk Adjusted Performance | 0.0962 | |||
| Jensen Alpha | 5.84 | |||
| Total Risk Alpha | 13.5 | |||
| Sortino Ratio | 0.5879 | |||
| Treynor Ratio | (5.48) |
Rain Enhancement Tec Backtested Returns
Rain Enhancement Tec maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15 % return per unit of risk over the last 3 months. Rain Enhancement Tec exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rain Enhancement's Coefficient Of Variation of 1008.48, risk adjusted performance of 0.0962, and Semi Deviation of 7.82 to confirm the risk estimate we provide. The company holds a Beta of -1.09, which implies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Rain Enhancement are expected to decrease slowly. On the other hand, during market turmoil, Rain Enhancement is expected to outperform it slightly. At this point, Rain Enhancement Tec has a negative expected return of -1.7%. Please make sure to check Rain Enhancement's semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Rain Enhancement Tec performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Rain Enhancement Technologies has good predictability. Overlapping area represents the amount of predictability between Rain Enhancement time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Rain Enhancement Tec price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Rain Enhancement price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Rain Enhancement Tec lagged returns against current returns
Autocorrelation, which is Rain Enhancement 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 Rain Enhancement's stock expected returns. We can calculate the autocorrelation of Rain Enhancement returns to help us make a trade decision. For example, suppose you find that Rain Enhancement 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 |
Rain Enhancement 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 Rain Enhancement stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rain Enhancement stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rain Enhancement stock over time.
Current vs Lagged Prices |
| Timeline |
Rain Enhancement Lagged Returns
When evaluating Rain Enhancement's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rain Enhancement stock have on its future price. Rain Enhancement 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, Rain Enhancement autocorrelation shows the relationship between Rain Enhancement stock current value and its past values and can show if there is a momentum factor associated with investing in Rain Enhancement Technologies.
Regressed Prices |
| Timeline |
When determining whether Rain Enhancement Tec is a strong investment it is important to analyze Rain Enhancement's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rain Enhancement's future performance. For an informed investment choice regarding Rain Stock, refer to the following important reports:
Check out Rain Enhancement Correlation, Rain Enhancement Volatility and Rain Enhancement Alpha and Beta module to complement your research on Rain Enhancement. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Rain Enhancement technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.