Rgc Resources Stock Market Value
| RGCO Stock | USD 21.12 0.39 1.88% |
| Symbol | RGC |
RGC Resources Price To Book Ratio
Is Gas Utilities 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 RGC Resources. If investors know RGC 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 RGC Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.02 | Dividend Share 0.808 | Earnings Share 1.17 | Revenue Per Share | Quarterly Revenue Growth 0.118 |
The market value of RGC Resources is measured differently than its book value, which is the value of RGC that is recorded on the company's balance sheet. Investors also form their own opinion of RGC Resources' value that differs from its market value or its book value, called intrinsic value, which is RGC Resources' 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 RGC Resources' market value can be influenced by many factors that don't directly affect RGC Resources' 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 RGC Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if RGC Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RGC Resources' 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.
RGC 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 RGC 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 RGC Resources.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in RGC Resources on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding RGC Resources or generate 0.0% return on investment in RGC Resources over 90 days. RGC Resources is related to or competes with NewJersey Resources, One Gas, Northwest Natural, Chesapeake Utilities, Spire, and NiSource. RGC Resources, Inc., through its subsidiaries, operates as an energy services company More
RGC 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 RGC 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 RGC Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.0845 | |||
| Maximum Drawdown | 7.96 | |||
| Value At Risk | (3.48) | |||
| Potential Upside | 3.15 |
RGC Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RGC Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RGC Resources' standard deviation. In reality, there are many statistical measures that can use RGC Resources historical prices to predict the future RGC Resources' volatility.| Risk Adjusted Performance | 0.0372 | |||
| Jensen Alpha | 0.1176 | |||
| Total Risk Alpha | 0.3207 | |||
| Sortino Ratio | 0.0844 | |||
| Treynor Ratio | 0.1303 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RGC Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
RGC Resources Backtested Returns
As of now, RGC Stock is very steady. RGC Resources retains Efficiency (Sharpe Ratio) of 0.0214, which implies the firm had a 0.0214 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for RGC Resources, which you can use to evaluate the volatility of the company. Please check RGC Resources' semi deviation of 2.0, and Market Risk Adjusted Performance of 0.1403 to confirm if the risk estimate we provide is consistent with the expected return of 0.0438%. RGC Resources has a performance score of 1 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.49, which implies possible diversification benefits within a given portfolio. As returns on the market increase, RGC Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding RGC Resources is expected to be smaller as well. RGC Resources now owns a risk of 2.05%. Please check RGC Resources value at risk, and the relationship between the jensen alpha and skewness , to decide if RGC Resources will be following its current price history.
Auto-correlation | -0.51 |
Good reverse predictability
RGC Resources has good reverse predictability. Overlapping area represents the amount of predictability between RGC 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 RGC Resources price movement. The serial correlation of -0.51 indicates that about 51.0% of current RGC Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
RGC Resources lagged returns against current returns
Autocorrelation, which is RGC 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 RGC Resources' stock expected returns. We can calculate the autocorrelation of RGC Resources returns to help us make a trade decision. For example, suppose you find that RGC 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 |
RGC 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 RGC Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RGC Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RGC Resources stock over time.
Current vs Lagged Prices |
| Timeline |
RGC Resources Lagged Returns
When evaluating RGC Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RGC Resources stock have on its future price. RGC 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, RGC Resources autocorrelation shows the relationship between RGC Resources stock current value and its past values and can show if there is a momentum factor associated with investing in RGC Resources.
Regressed Prices |
| Timeline |
When determining whether RGC Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RGC Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rgc Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rgc Resources Stock:
Check out RGC Resources Correlation, RGC Resources Volatility and RGC Resources Alpha and Beta module to complement your research on RGC Resources. To learn how to invest in RGC Stock, please use our How to Invest in RGC Resources guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
RGC Resources 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.