RF MICRO (Germany) Market Value
| RFM Stock | 0.65 0.03 4.41% |
| Symbol | RFM |
Please note, there is a significant difference between RF MICRO's value and its price as these two are different measures arrived at by different means. Investors typically determine if RF MICRO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RF MICRO'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.
RF MICRO '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 RF MICRO'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 RF MICRO.
| 12/26/2024 |
| 01/25/2025 |
If you would invest 0.00 in RF MICRO on December 26, 2024 and sell it all today you would earn a total of 0.00 from holding RF MICRO DEVICES or generate 0.0% return on investment in RF MICRO over 30 days. RF MICRO is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
RF MICRO 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 RF MICRO'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 RF MICRO DEVICES upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.92 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 1.49 |
RF MICRO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RF MICRO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RF MICRO's standard deviation. In reality, there are many statistical measures that can use RF MICRO historical prices to predict the future RF MICRO's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 6.53 |
RF MICRO DEVICES Backtested Returns
RF MICRO DEVICES retains Efficiency (Sharpe Ratio) of -0.13, which implies the firm had a -0.13 % return per unit of price deviation over the last 3 months. RF MICRO exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RF MICRO's information ratio of (0.08), and Market Risk Adjusted Performance of 6.54 to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.0127, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning RF MICRO are expected to decrease at a much lower rate. During the bear market, RF MICRO is likely to outperform the market. At this point, RF MICRO DEVICES has a negative expected return of -0.22%. Please make sure to check RF MICRO's treynor ratio, day median price, and the relationship between the information ratio and kurtosis , to decide if RF MICRO DEVICES performance from the past will be repeated sooner or later.
Auto-correlation | -0.83 |
Excellent reverse predictability
RF MICRO DEVICES has excellent reverse predictability. Overlapping area represents the amount of predictability between RF MICRO time series from 26th of December 2024 to 10th of January 2025 and 10th of January 2025 to 25th 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 RF MICRO DEVICES price movement. The serial correlation of -0.83 indicates that around 83.0% of current RF MICRO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RF MICRO DEVICES lagged returns against current returns
Autocorrelation, which is RF MICRO 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 RF MICRO's stock expected returns. We can calculate the autocorrelation of RF MICRO returns to help us make a trade decision. For example, suppose you find that RF MICRO 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 |
RF MICRO 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 RF MICRO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RF MICRO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RF MICRO stock over time.
Current vs Lagged Prices |
| Timeline |
RF MICRO Lagged Returns
When evaluating RF MICRO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RF MICRO stock have on its future price. RF MICRO 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, RF MICRO autocorrelation shows the relationship between RF MICRO stock current value and its past values and can show if there is a momentum factor associated with investing in RF MICRO DEVICES.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for RFM Stock Analysis
When running RF MICRO's price analysis, check to measure RF MICRO'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 RF MICRO is operating at the current time. Most of RF MICRO's value examination focuses on studying past and present price action to predict the probability of RF MICRO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RF MICRO's price. Additionally, you may evaluate how the addition of RF MICRO to your portfolios can decrease your overall portfolio volatility.