Road King Infrastructure Stock Market Value
| RKGXF Stock | USD 0.19 0.00 0.00% |
| Symbol | Road |
Road King '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 Road King'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 Road King.
| 01/19/2023 |
| 01/08/2025 |
If you would invest 0.00 in Road King on January 19, 2023 and sell it all today you would earn a total of 0.00 from holding Road King Infrastructure or generate 0.0% return on investment in Road King over 720 days. Road King is related to or competes with DR Horton, Lennar, KB Home, Toll Brothers, and NVR. Road King Infrastructure Limited, an investment holding company, invests in, develops, operates, and manages property pr... More
Road King 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 Road King'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 Road King Infrastructure upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1214 | |||
| Maximum Drawdown | 137.5 |
Road King Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Road King's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Road King's standard deviation. In reality, there are many statistical measures that can use Road King historical prices to predict the future Road King's volatility.| Risk Adjusted Performance | 0.1091 | |||
| Jensen Alpha | 2.02 | |||
| Total Risk Alpha | 1.7 | |||
| Treynor Ratio | 0.6434 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Road King'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.
Road King Infrastructure Backtested Returns
We have found sixteen technical indicators for Road King Infrastructure, which you can use to evaluate the volatility of the company. Please check Road King's Variance of 286.46, coefficient of variation of 812.4, and Risk Adjusted Performance of 0.1091 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%. The company holds a Beta of 3.22, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Road King will likely underperform. Road King Infrastructure right now holds a risk of 0.0%. Please check Road King Infrastructure mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and day median price , to decide if Road King Infrastructure will be following its historical price patterns.
Auto-correlation | 0.07 |
Virtually no predictability
Road King Infrastructure has virtually no predictability. Overlapping area represents the amount of predictability between Road King time series from 19th of January 2023 to 14th of January 2024 and 14th of January 2024 to 8th 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 Road King Infrastructure price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Road King price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Road King Infrastructure lagged returns against current returns
Autocorrelation, which is Road King 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 Road King's pink sheet expected returns. We can calculate the autocorrelation of Road King returns to help us make a trade decision. For example, suppose you find that Road King 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 |
Road King 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 Road King pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Road King pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Road King pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Road King Lagged Returns
When evaluating Road King's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Road King pink sheet have on its future price. Road King 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, Road King autocorrelation shows the relationship between Road King pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Road King Infrastructure.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin | |
| ADA | Cardano | |
| XRP | XRP |
Other Information on Investing in Road Pink Sheet
Road King financial ratios help investors to determine whether Road 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 Road with respect to the benefits of owning Road King security.