Rdw Wt Stock Market Value
| RDW-WT Stock | 10.50 0.34 3.35% |
| Symbol | RDW |
RDW WT Price To Book Ratio
RDW WT '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 RDW WT'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 RDW WT.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in RDW WT on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding RDW WT or generate 0.0% return on investment in RDW WT over 30 days. RDW WT is related to or competes with Joby Aviation. RDW WT is entity of United States. It is traded as Stock on US exchange. More
RDW WT 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 RDW WT'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 RDW WT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.08 | |||
| Information Ratio | 0.2769 | |||
| Maximum Drawdown | 32.65 | |||
| Value At Risk | (9.67) | |||
| Potential Upside | 16.01 |
RDW WT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RDW WT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RDW WT's standard deviation. In reality, there are many statistical measures that can use RDW WT historical prices to predict the future RDW WT's volatility.| Risk Adjusted Performance | 0.2478 | |||
| Jensen Alpha | 3.96 | |||
| Total Risk Alpha | 3.32 | |||
| Sortino Ratio | 0.5527 | |||
| Treynor Ratio | (23.44) |
RDW WT Backtested Returns
RDW WT is very risky given 3 months investment horizon. RDW WT maintains Sharpe Ratio (i.e., Efficiency) of 0.28, which implies the firm had a 0.28 % return per unit of standard deviation over the last 3 months. We are able to interpolate and break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 3.94% are justified by taking the suggested risk. Use RDW WT Risk Adjusted Performance of 0.2478, semi deviation of 5.57, and Market Risk Adjusted Performance of (23.43) to evaluate company specific risk that cannot be diversified away. RDW WT holds a performance score of 22 on a scale of zero to a hundred. The company holds a Beta of -0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning RDW WT are expected to decrease at a much lower rate. During the bear market, RDW WT is likely to outperform the market. Use RDW WT semi variance, as well as the relationship between the daily balance of power and period momentum indicator , to analyze future returns on RDW WT.
Auto-correlation | -0.03 |
Very weak reverse predictability
RDW WT has very weak reverse predictability. Overlapping area represents the amount of predictability between RDW WT time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th of January 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 RDW WT price movement. The serial correlation of -0.03 indicates that only 3.0% of current RDW WT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 4.74 |
RDW WT lagged returns against current returns
Autocorrelation, which is RDW WT 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 RDW WT's stock expected returns. We can calculate the autocorrelation of RDW WT returns to help us make a trade decision. For example, suppose you find that RDW WT 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 |
RDW WT 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 RDW WT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RDW WT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RDW WT stock over time.
Current vs Lagged Prices |
| Timeline |
RDW WT Lagged Returns
When evaluating RDW WT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RDW WT stock have on its future price. RDW WT 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, RDW WT autocorrelation shows the relationship between RDW WT stock current value and its past values and can show if there is a momentum factor associated with investing in RDW WT.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for RDW Stock Analysis
When running RDW WT's price analysis, check to measure RDW WT'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 RDW WT is operating at the current time. Most of RDW WT's value examination focuses on studying past and present price action to predict the probability of RDW WT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RDW WT's price. Additionally, you may evaluate how the addition of RDW WT to your portfolios can decrease your overall portfolio volatility.