Rightsmile Stock Market Value
| RIGH Stock | USD 0.0001 0.00 0.00% |
| Symbol | Rightsmile |
Rightsmile '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 Rightsmile's pink sheet 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 Rightsmile.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Rightsmile on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Rightsmile or generate 0.0% return on investment in Rightsmile over 720 days. Rightsmile is related to or competes with Ameren Illinois, Connecticut Light, Southern, and PacifiCorp. Bud Genius, Inc. provides cannabis testing and profiling services More
Rightsmile 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 Rightsmile's pink sheet 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 Rightsmile upside and downside potential and time the market with a certain degree of confidence.
Rightsmile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rightsmile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rightsmile's standard deviation. In reality, there are many statistical measures that can use Rightsmile historical prices to predict the future Rightsmile's volatility.Rightsmile Backtested Returns
Rightsmile maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the firm had a 0.21% return per unit of risk over the last 3 months. We were able to analyze and collect data for three different technical indicators, which can help you to evaluate if expected returns of 44.44% are justified by taking the suggested risk. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Rightsmile are completely uncorrelated.
Auto-correlation | 0.06 |
Virtually no predictability
Rightsmile has virtually no predictability. Overlapping area represents the amount of predictability between Rightsmile time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 Rightsmile price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Rightsmile price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rightsmile lagged returns against current returns
Autocorrelation, which is Rightsmile pink sheet'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 Rightsmile's pink sheet expected returns. We can calculate the autocorrelation of Rightsmile returns to help us make a trade decision. For example, suppose you find that Rightsmile has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Rightsmile 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 Rightsmile pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rightsmile pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rightsmile pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Rightsmile Lagged Returns
When evaluating Rightsmile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rightsmile pink sheet have on its future price. Rightsmile 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, Rightsmile autocorrelation shows the relationship between Rightsmile pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Rightsmile.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Rightsmile Pink Sheet
Rightsmile financial ratios help investors to determine whether Rightsmile Pink Sheet 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 Rightsmile with respect to the benefits of owning Rightsmile security.