Rio2 Stock Market Value
| RIO Stock | CAD 0.63 0.01 1.56% |
| Symbol | Rio2 |
Rio2 Price To Book Ratio
Rio2 '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 Rio2'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 Rio2.
| 01/17/2023 |
| 01/06/2025 |
If you would invest 0.00 in Rio2 on January 17, 2023 and sell it all today you would earn a total of 0.00 from holding Rio2 or generate 0.0% return on investment in Rio2 over 720 days. Rio2 is related to or competes with Minera Alamos, Integra Resources, Liberty Gold, and Silver One. Rio2 Limited operates as a precious metals company in Americas More
Rio2 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 Rio2'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 Rio2 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.45 | |||
| Information Ratio | 0.0318 | |||
| Maximum Drawdown | 15.91 | |||
| Value At Risk | (4.84) | |||
| Potential Upside | 5.88 |
Rio2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rio2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rio2's standard deviation. In reality, there are many statistical measures that can use Rio2 historical prices to predict the future Rio2's volatility.| Risk Adjusted Performance | 0.0388 | |||
| Jensen Alpha | 0.1194 | |||
| Total Risk Alpha | 0.0667 | |||
| Sortino Ratio | 0.0302 | |||
| Treynor Ratio | (0.52) |
Rio2 Backtested Returns
At this stage we consider Rio2 Stock to be abnormally volatile. Rio2 maintains Sharpe Ratio (i.e., Efficiency) of 0.0155, which implies the firm had a 0.0155% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rio2, which you can use to evaluate the volatility of the company. Please check Rio2's Coefficient Of Variation of 2591.39, semi deviation of 2.67, and Risk Adjusted Performance of 0.0388 to confirm if the risk estimate we provide is consistent with the expected return of 0.0491%. Rio2 has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of -0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rio2 are expected to decrease at a much lower rate. During the bear market, Rio2 is likely to outperform the market. Rio2 right now holds a risk of 3.17%. Please check Rio2 maximum drawdown and the relationship between the semi variance and day typical price , to decide if Rio2 will be following its historical price patterns.
Auto-correlation | 0.20 |
Weak predictability
Rio2 has weak predictability. Overlapping area represents the amount of predictability between Rio2 time series from 17th of January 2023 to 12th of January 2024 and 12th of January 2024 to 6th 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 Rio2 price movement. The serial correlation of 0.2 indicates that over 20.0% of current Rio2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Rio2 lagged returns against current returns
Autocorrelation, which is Rio2 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 Rio2's stock expected returns. We can calculate the autocorrelation of Rio2 returns to help us make a trade decision. For example, suppose you find that Rio2 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 |
Rio2 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 Rio2 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rio2 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rio2 stock over time.
Current vs Lagged Prices |
| Timeline |
Rio2 Lagged Returns
When evaluating Rio2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rio2 stock have on its future price. Rio2 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, Rio2 autocorrelation shows the relationship between Rio2 stock current value and its past values and can show if there is a momentum factor associated with investing in Rio2.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Rio2 Stock Analysis
When running Rio2's price analysis, check to measure Rio2'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 Rio2 is operating at the current time. Most of Rio2's value examination focuses on studying past and present price action to predict the probability of Rio2's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rio2's price. Additionally, you may evaluate how the addition of Rio2 to your portfolios can decrease your overall portfolio volatility.