Richardson Electronics Stock Market Value
| RELL Stock | USD 12.49 0.25 2.04% |
| Symbol | Richardson |
Is Electronic Equipment, Instruments & Components 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 Richardson Electronics. If investors know Richardson 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 Richardson Electronics 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 Richardson Electronics is measured differently than its book value, which is the value of Richardson that is recorded on the company's balance sheet. Investors also form their own opinion of Richardson Electronics' value that differs from its market value or its book value, called intrinsic value, which is Richardson Electronics' 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 Richardson Electronics' market value can be influenced by many factors that don't directly affect Richardson Electronics' 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 Richardson Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Richardson Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richardson Electronics' 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.
Richardson Electronics '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 Richardson Electronics' 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 Richardson Electronics.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Richardson Electronics on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Richardson Electronics or generate 0.0% return on investment in Richardson Electronics over 90 days. Richardson Electronics is related to or competes with Bel Fuse, LSI Industries, Benchmark Electronics, Plexus Corp, Sanmina, Methode Electronics, and CTS. Richardson Electronics, Ltd. engages in the power and microwave technologies, customized display solutions, and healthca... More
Richardson Electronics 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 Richardson Electronics' 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 Richardson Electronics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 17.14 | |||
| Value At Risk | (3.55) | |||
| Potential Upside | 3.79 |
Richardson Electronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Richardson Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Richardson Electronics' standard deviation. In reality, there are many statistical measures that can use Richardson Electronics historical prices to predict the future Richardson Electronics' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | 0.1356 | |||
| Treynor Ratio | (1.10) |
Richardson Electronics Backtested Returns
Richardson Electronics maintains Sharpe Ratio (i.e., Efficiency) of -0.0683, which implies the firm had a -0.0683 % return per unit of risk over the last 3 months. Richardson Electronics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Richardson Electronics' Variance of 6.53, coefficient of variation of (1,465), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The company holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, Richardson Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Richardson Electronics is expected to be smaller as well. At this point, Richardson Electronics has a negative expected return of -0.17%. Please make sure to check Richardson Electronics' treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Richardson Electronics performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.53 |
Modest predictability
Richardson Electronics has modest predictability. Overlapping area represents the amount of predictability between Richardson Electronics 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 Richardson Electronics price movement. The serial correlation of 0.53 indicates that about 53.0% of current Richardson Electronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Richardson Electronics lagged returns against current returns
Autocorrelation, which is Richardson Electronics 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 Richardson Electronics' stock expected returns. We can calculate the autocorrelation of Richardson Electronics returns to help us make a trade decision. For example, suppose you find that Richardson Electronics 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 |
Richardson Electronics 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 Richardson Electronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Richardson Electronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Richardson Electronics stock over time.
Current vs Lagged Prices |
| Timeline |
Richardson Electronics Lagged Returns
When evaluating Richardson Electronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Richardson Electronics stock have on its future price. Richardson Electronics 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, Richardson Electronics autocorrelation shows the relationship between Richardson Electronics stock current value and its past values and can show if there is a momentum factor associated with investing in Richardson Electronics.
Regressed Prices |
| Timeline |
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Richardson Electronics 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.