Regenx Tech Corp Stock Market Value
| RGXTF Stock | 0.01 0 41.89% |
| Symbol | Regenx |
Regenx Tech '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 Regenx Tech's otc 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 Regenx Tech.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Regenx Tech on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Regenx Tech Corp or generate 0.0% return on investment in Regenx Tech over 690 days. Regenx Tech is related to or competes with GoGold Resources, Silver Tiger, Viscount Mining, Kodiak Copper, Defiance Silver, Summa Silver, and AbraSilver Resource. More
Regenx Tech 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 Regenx Tech's otc 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 Regenx Tech Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.59 | |||
| Information Ratio | 0.033 | |||
| Maximum Drawdown | 90.66 | |||
| Value At Risk | (21.21) | |||
| Potential Upside | 26.32 |
Regenx Tech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Regenx Tech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Regenx Tech's standard deviation. In reality, there are many statistical measures that can use Regenx Tech historical prices to predict the future Regenx Tech's volatility.| Risk Adjusted Performance | 0.0411 | |||
| Jensen Alpha | 0.7259 | |||
| Total Risk Alpha | (1.69) | |||
| Sortino Ratio | 0.0349 | |||
| Treynor Ratio | (0.71) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Regenx Tech's 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.
Regenx Tech Corp Backtested Returns
Regenx Tech is out of control given 3 months investment horizon. Regenx Tech Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0688, which implies the firm had a 0.0688% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.07% are justified by taking the suggested risk. Use Regenx Tech Coefficient Of Variation of 2427.91, risk adjusted performance of 0.0411, and Semi Deviation of 11.18 to evaluate company specific risk that cannot be diversified away. Regenx Tech holds a performance score of 5 on a scale of zero to a hundred. The company holds a Beta of -0.88, which implies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Regenx Tech are expected to decrease slowly. On the other hand, during market turmoil, Regenx Tech is expected to outperform it slightly. Use Regenx Tech sortino ratio and the relationship between the downside variance and market facilitation index , to analyze future returns on Regenx Tech.
Auto-correlation | 0.16 |
Very weak predictability
Regenx Tech Corp has very weak predictability. Overlapping area represents the amount of predictability between Regenx Tech time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Regenx Tech Corp price movement. The serial correlation of 0.16 indicates that over 16.0% of current Regenx Tech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Regenx Tech Corp lagged returns against current returns
Autocorrelation, which is Regenx Tech otc 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 Regenx Tech's otc stock expected returns. We can calculate the autocorrelation of Regenx Tech returns to help us make a trade decision. For example, suppose you find that Regenx Tech has exhibited high autocorrelation historically, and you observe that the otc 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 |
Regenx Tech 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 Regenx Tech otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Regenx Tech otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Regenx Tech otc stock over time.
Current vs Lagged Prices |
| Timeline |
Regenx Tech Lagged Returns
When evaluating Regenx Tech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Regenx Tech otc stock have on its future price. Regenx Tech 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, Regenx Tech autocorrelation shows the relationship between Regenx Tech otc stock current value and its past values and can show if there is a momentum factor associated with investing in Regenx Tech Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Regenx OTC Stock
Regenx Tech financial ratios help investors to determine whether Regenx OTC Stock 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 Regenx with respect to the benefits of owning Regenx Tech security.