Roadman Investments Corp Stock Market Value
| RMANF Stock | USD 0.88 0.0009 0.10% |
| Symbol | Roadman |
Roadman Investments Corp Price To Book Ratio
Is Asset Management & Custody Banks 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 Roadman Investments. If investors know Roadman 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 Roadman Investments 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 (0.68) | Earnings Share (0.58) | Quarterly Revenue Growth (0.89) | Return On Assets (0.13) | Return On Equity (0.29) |
The market value of Roadman Investments Corp is measured differently than its book value, which is the value of Roadman that is recorded on the company's balance sheet. Investors also form their own opinion of Roadman Investments' value that differs from its market value or its book value, called intrinsic value, which is Roadman Investments' 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 Roadman Investments' market value can be influenced by many factors that don't directly affect Roadman Investments' 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 Roadman Investments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roadman Investments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roadman Investments' 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.
Roadman Investments '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 Roadman Investments' 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 Roadman Investments.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Roadman Investments on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Roadman Investments Corp or generate 0.0% return on investment in Roadman Investments over 30 days. Roadman Investments is related to or competes with Guardian Capital, and Princeton Capital. Roadman Investments Corp. is a venture capital, private equity and advisory firm specializing in incubation, seed, start... More
Roadman Investments 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 Roadman Investments' 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 Roadman Investments Corp upside and downside potential and time the market with a certain degree of confidence.
Roadman Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roadman Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roadman Investments' standard deviation. In reality, there are many statistical measures that can use Roadman Investments historical prices to predict the future Roadman Investments' volatility.Roadman Investments Corp Backtested Returns
Roadman Investments Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Roadman Investments Corp exposes six different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Roadman Investments' Daily Balance Of Power of (9,223,372,036,855), day typical price of 0.88, and Period Momentum Indicator of (0.0009) to confirm the risk estimate we provide. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Roadman Investments are completely uncorrelated. At this point, Roadman Investments Corp has a negative expected return of -0.0016%. Please make sure to check Roadman Investments' price action indicator , to decide if Roadman Investments Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Roadman Investments Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Roadman Investments time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 Roadman Investments Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Roadman Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Roadman Investments Corp lagged returns against current returns
Autocorrelation, which is Roadman Investments 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 Roadman Investments' stock expected returns. We can calculate the autocorrelation of Roadman Investments returns to help us make a trade decision. For example, suppose you find that Roadman Investments 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 |
Roadman Investments 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 Roadman Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roadman Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roadman Investments stock over time.
Current vs Lagged Prices |
| Timeline |
Roadman Investments Lagged Returns
When evaluating Roadman Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roadman Investments stock have on its future price. Roadman Investments 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, Roadman Investments autocorrelation shows the relationship between Roadman Investments stock current value and its past values and can show if there is a momentum factor associated with investing in Roadman Investments Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Roadman Investments Corp is a strong investment it is important to analyze Roadman Investments' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Roadman Investments' future performance. For an informed investment choice regarding Roadman Stock, refer to the following important reports:Check out Roadman Investments Correlation, Roadman Investments Volatility and Roadman Investments Alpha and Beta module to complement your research on Roadman Investments. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Roadman Investments 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.