Rochester Resources Stock Market Value
| RCT Stock | CAD 0.02 0.01 33.33% |
| Symbol | Rochester |
Rochester Resources '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 Rochester Resources' 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 Rochester Resources.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Rochester Resources on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Rochester Resources or generate 0.0% return on investment in Rochester Resources over 90 days. Rochester Resources is related to or competes with HPQ Silicon, Richelieu Hardware, Sparx Technology, Ramp Metals, Metalero Mining, and Firan Technology. Rochester Resources Ltd., a junior natural resource company, engages in the acquisition, exploration, and development of... More
Rochester Resources 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 Rochester Resources' 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 Rochester Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 32.24 | |||
| Information Ratio | 0.0713 | |||
| Maximum Drawdown | 133.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Rochester Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rochester Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rochester Resources' standard deviation. In reality, there are many statistical measures that can use Rochester Resources historical prices to predict the future Rochester Resources' volatility.| Risk Adjusted Performance | 0.0648 | |||
| Jensen Alpha | 1.45 | |||
| Total Risk Alpha | 5.23 | |||
| Sortino Ratio | 0.0495 | |||
| Treynor Ratio | (26.16) |
Rochester Resources Backtested Returns
Rochester Resources is out of control given 3 months investment horizon. Rochester Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.0932, which implies the firm had a 0.0932 % return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.13% are justified by taking the suggested risk. Use Rochester Resources Semi Deviation of 11.81, coefficient of variation of 1529.5, and Risk Adjusted Performance of 0.0648 to evaluate company specific risk that cannot be diversified away. Rochester Resources holds a performance score of 7 on a scale of zero to a hundred. The company holds a Beta of -0.0556, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rochester Resources are expected to decrease at a much lower rate. During the bear market, Rochester Resources is likely to outperform the market. Use Rochester Resources information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to analyze future returns on Rochester Resources.
Auto-correlation | -0.07 |
Very weak reverse predictability
Rochester Resources has very weak reverse predictability. Overlapping area represents the amount of predictability between Rochester Resources 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 Rochester Resources price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Rochester Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rochester Resources lagged returns against current returns
Autocorrelation, which is Rochester Resources 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 Rochester Resources' stock expected returns. We can calculate the autocorrelation of Rochester Resources returns to help us make a trade decision. For example, suppose you find that Rochester Resources 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 |
Rochester Resources 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 Rochester Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rochester Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rochester Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Rochester Resources Lagged Returns
When evaluating Rochester Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rochester Resources stock have on its future price. Rochester Resources 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, Rochester Resources autocorrelation shows the relationship between Rochester Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Rochester Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Rochester Stock Analysis
When running Rochester Resources' price analysis, check to measure Rochester Resources' 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 Rochester Resources is operating at the current time. Most of Rochester Resources' value examination focuses on studying past and present price action to predict the probability of Rochester Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rochester Resources' price. Additionally, you may evaluate how the addition of Rochester Resources to your portfolios can decrease your overall portfolio volatility.