Rimrock Gold Corp Stock Market Value
| RMRK Stock | USD 0.0004 0.0001 33.33% |
| Symbol | Rimrock |
Rimrock Gold '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 Rimrock Gold'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 Rimrock Gold.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Rimrock Gold on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Rimrock Gold Corp or generate 0.0% return on investment in Rimrock Gold over 90 days. Rimrock Gold Corp., through its subsidiary, focuses on the development and marketing a line of CBD oils, creams, and hem... More
Rimrock Gold 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 Rimrock Gold'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 Rimrock Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1011 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
Rimrock Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rimrock Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rimrock Gold's standard deviation. In reality, there are many statistical measures that can use Rimrock Gold historical prices to predict the future Rimrock Gold's volatility.| Risk Adjusted Performance | 0.0902 | |||
| Jensen Alpha | 1.19 | |||
| Total Risk Alpha | 2.66 | |||
| Treynor Ratio | 1.86 |
Rimrock Gold Corp Backtested Returns
Rimrock Gold is out of control given 3 months investment horizon. Rimrock Gold Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0955, which implies the firm had a 0.0955 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.11% are justified by taking the suggested risk. Use Rimrock Gold Variance of 149.33, coefficient of variation of 1075.37, and Risk Adjusted Performance of 0.0902 to evaluate company specific risk that cannot be diversified away. Rimrock Gold holds a performance score of 7 on a scale of zero to a hundred. The company holds a Beta of 0.61, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Rimrock Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rimrock Gold is expected to be smaller as well. Use Rimrock Gold skewness, as well as the relationship between the day median price and relative strength index , to analyze future returns on Rimrock Gold.
Auto-correlation | 0.12 |
Insignificant predictability
Rimrock Gold Corp has insignificant predictability. Overlapping area represents the amount of predictability between Rimrock Gold time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Rimrock Gold Corp price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Rimrock Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rimrock Gold Corp lagged returns against current returns
Autocorrelation, which is Rimrock Gold 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 Rimrock Gold's pink sheet expected returns. We can calculate the autocorrelation of Rimrock Gold returns to help us make a trade decision. For example, suppose you find that Rimrock Gold 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 |
Rimrock Gold 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 Rimrock Gold pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rimrock Gold pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rimrock Gold pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Rimrock Gold Lagged Returns
When evaluating Rimrock Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rimrock Gold pink sheet have on its future price. Rimrock Gold 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, Rimrock Gold autocorrelation shows the relationship between Rimrock Gold pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Rimrock Gold Corp.
Regressed Prices |
| Timeline |
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Rimrock Gold financial ratios help investors to determine whether Rimrock 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 Rimrock with respect to the benefits of owning Rimrock Gold security.