Rushnet Stock Market Value
| RSHN Stock | USD 0.0001 0.0001 50.00% |
| Symbol | Rushnet |
Rushnet '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 Rushnet'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 Rushnet.
| 11/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Rushnet on November 20, 2023 and sell it all today you would earn a total of 0.00 from holding Rushnet or generate 0.0% return on investment in Rushnet over 390 days. RushNet, Inc. provides beverage products in the United States and Canada More
Rushnet 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 Rushnet'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 Rushnet upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 44.1 | |||
| Information Ratio | 0.1386 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Rushnet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rushnet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rushnet's standard deviation. In reality, there are many statistical measures that can use Rushnet historical prices to predict the future Rushnet's volatility.| Risk Adjusted Performance | 0.1121 | |||
| Jensen Alpha | 4.3 | |||
| Total Risk Alpha | 0.6531 | |||
| Sortino Ratio | 0.1237 | |||
| Treynor Ratio | 0.4023 |
Rushnet Backtested Returns
Rushnet is out of control given 3 months investment horizon. Rushnet maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have analyze and collected data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 4.95% are justified by taking the suggested risk. Use Rushnet Risk Adjusted Performance of 0.1121, coefficient of variation of 708.63, and Semi Deviation of 21.92 to evaluate company specific risk that cannot be diversified away. Rushnet holds a performance score of 9 on a scale of zero to a hundred. The company holds a Beta of 13.78, 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, Rushnet will likely underperform. Use Rushnet potential upside, as well as the relationship between the kurtosis and price action indicator , to analyze future returns on Rushnet.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Rushnet has insignificant reverse predictability. Overlapping area represents the amount of predictability between Rushnet time series from 20th of November 2023 to 2nd of June 2024 and 2nd of June 2024 to 14th 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 Rushnet price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Rushnet price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rushnet lagged returns against current returns
Autocorrelation, which is Rushnet 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 Rushnet's pink sheet expected returns. We can calculate the autocorrelation of Rushnet returns to help us make a trade decision. For example, suppose you find that Rushnet 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 |
Rushnet 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 Rushnet pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rushnet pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rushnet pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Rushnet Lagged Returns
When evaluating Rushnet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rushnet pink sheet have on its future price. Rushnet 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, Rushnet autocorrelation shows the relationship between Rushnet pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Rushnet.
Regressed Prices |
| Timeline |
Pair Trading with Rushnet
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 Rushnet 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 Rushnet will appreciate offsetting losses from the drop in the long position's value.Moving against Rushnet Pink Sheet
| 0.64 | DORM | Dorman Products | PairCorr |
| 0.6 | NFLX | Netflix Fiscal Year End 28th of January 2025 | PairCorr |
| 0.58 | ET | Energy Transfer LP | PairCorr |
| 0.56 | GLBE | Global E Online | PairCorr |
| 0.55 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
The ability to find closely correlated positions to Rushnet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rushnet 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 Rushnet - 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 Rushnet to buy it.
The correlation of Rushnet 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 Rushnet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rushnet 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 Rushnet 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 Rushnet Pink Sheet
Rushnet financial ratios help investors to determine whether Rushnet 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 Rushnet with respect to the benefits of owning Rushnet security.