Redbubble Limited Stock Market Value
| RDBBF Stock | USD 0.17 0.05 41.67% |
| Symbol | Redbubble |
Redbubble '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 Redbubble'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 Redbubble.
| 12/01/2024 |
| 03/01/2025 |
If you would invest 0.00 in Redbubble on December 1, 2024 and sell it all today you would earn a total of 0.00 from holding Redbubble Limited or generate 0.0% return on investment in Redbubble over 90 days. Redbubble is related to or competes with Jd Com Inc, Allegroeu, PDD Holdings, JD, Baozun, Global E, and Sea. Redbubble Limited operates as an online marketplace that facilitates the sale of art and design products More
Redbubble 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 Redbubble'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 Redbubble Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0) | |||
| Maximum Drawdown | 37.65 | |||
| Value At Risk | (15.00) | |||
| Potential Upside | 15.38 |
Redbubble Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Redbubble's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Redbubble's standard deviation. In reality, there are many statistical measures that can use Redbubble historical prices to predict the future Redbubble's volatility.| Risk Adjusted Performance | 0.0069 | |||
| Jensen Alpha | 0.034 | |||
| Total Risk Alpha | 0.2381 | |||
| Treynor Ratio | (0.01) |
Redbubble Limited Backtested Returns
Redbubble appears to be out of control, given 3 months investment horizon. Redbubble Limited maintains Sharpe Ratio (i.e., Efficiency) of 0.0508, which implies the firm had a 0.0508 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Redbubble Limited, which you can use to evaluate the volatility of the company. Please evaluate Redbubble's Risk Adjusted Performance of 0.0069, coefficient of variation of (32,282), and Variance of 77.84 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Redbubble holds a performance score of 4. The company holds a Beta of 3.1, 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, Redbubble will likely underperform. Please check Redbubble's jensen alpha, kurtosis, price action indicator, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Redbubble's historical price patterns will revert.
Auto-correlation | 0.39 |
Below average predictability
Redbubble Limited has below average predictability. Overlapping area represents the amount of predictability between Redbubble time series from 1st of December 2024 to 15th of January 2025 and 15th of January 2025 to 1st 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 Redbubble Limited price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Redbubble price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Redbubble Limited lagged returns against current returns
Autocorrelation, which is Redbubble 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 Redbubble's pink sheet expected returns. We can calculate the autocorrelation of Redbubble returns to help us make a trade decision. For example, suppose you find that Redbubble 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 |
Redbubble 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 Redbubble pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Redbubble pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Redbubble pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Redbubble Lagged Returns
When evaluating Redbubble's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Redbubble pink sheet have on its future price. Redbubble 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, Redbubble autocorrelation shows the relationship between Redbubble pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Redbubble Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Redbubble Pink Sheet
Redbubble financial ratios help investors to determine whether Redbubble 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 Redbubble with respect to the benefits of owning Redbubble security.