Rosinbomb Stock Market Value
ROSN Stock | USD 0 0.0009 34.62% |
Symbol | Rosinbomb |
Rosinbomb '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 Rosinbomb'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 Rosinbomb.
11/05/2024 |
| 12/05/2024 |
If you would invest 0.00 in Rosinbomb on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Rosinbomb or generate 0.0% return on investment in Rosinbomb over 30 days. Rosinbomb is related to or competes with Titan Logix, Nel ASA, Weir Group, Nel ASA, Next Hydrogen, Daifuku, and ITM Power. Maverick Technology Solutions engages in the development and production of extraction presses and accessories for extrac... More
Rosinbomb 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 Rosinbomb'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 Rosinbomb upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.04) | |||
Maximum Drawdown | 85.58 | |||
Value At Risk | (29.55) | |||
Potential Upside | 25.0 |
Rosinbomb Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rosinbomb's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rosinbomb's standard deviation. In reality, there are many statistical measures that can use Rosinbomb historical prices to predict the future Rosinbomb's volatility.Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.61) | |||
Total Risk Alpha | (3.45) | |||
Treynor Ratio | (0.56) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rosinbomb'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.
Rosinbomb Backtested Returns
Rosinbomb maintains Sharpe Ratio (i.e., Efficiency) of -0.0329, which implies the firm had a -0.0329% return per unit of risk over the last 3 months. Rosinbomb exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rosinbomb's Risk Adjusted Performance of (0.01), variance of 256.01, and Coefficient Of Variation of (3,325) to confirm the risk estimate we provide. The company holds a Beta of 0.88, which implies possible diversification benefits within a given portfolio. Rosinbomb returns are very sensitive to returns on the market. As the market goes up or down, Rosinbomb is expected to follow. At this point, Rosinbomb has a negative expected return of -0.55%. Please make sure to check Rosinbomb's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Rosinbomb performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
Rosinbomb has very weak reverse predictability. Overlapping area represents the amount of predictability between Rosinbomb time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 Rosinbomb price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Rosinbomb price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.05 | |
Spearman Rank Test | 0.21 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Rosinbomb lagged returns against current returns
Autocorrelation, which is Rosinbomb 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 Rosinbomb's pink sheet expected returns. We can calculate the autocorrelation of Rosinbomb returns to help us make a trade decision. For example, suppose you find that Rosinbomb 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 |
Rosinbomb 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 Rosinbomb pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rosinbomb pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rosinbomb pink sheet over time.
Current vs Lagged Prices |
Timeline |
Rosinbomb Lagged Returns
When evaluating Rosinbomb's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rosinbomb pink sheet have on its future price. Rosinbomb 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, Rosinbomb autocorrelation shows the relationship between Rosinbomb pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Rosinbomb.
Regressed Prices |
Timeline |
Pair Trading with Rosinbomb
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rosinbomb position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rosinbomb will appreciate offsetting losses from the drop in the long position's value.Moving against Rosinbomb Pink Sheet
0.7 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
0.69 | ETN | Eaton PLC | PairCorr |
0.67 | SMAWF | Siemens AG Class | PairCorr |
0.67 | SBGSY | Schneider Electric | PairCorr |
0.6 | ATLPF | Atlas Copco AB | PairCorr |
The ability to find closely correlated positions to Rosinbomb could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rosinbomb when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rosinbomb - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rosinbomb to buy it.
The correlation of Rosinbomb is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rosinbomb moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rosinbomb moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rosinbomb can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Rosinbomb Pink Sheet
Rosinbomb financial ratios help investors to determine whether Rosinbomb 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 Rosinbomb with respect to the benefits of owning Rosinbomb security.