Royal Road Minerals Stock Market Value
| RYR Stock | CAD 0.1 0.03 20.83% |
| Symbol | Royal |
Royal Road '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 Royal Road's 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 Royal Road.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Royal Road on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Royal Road Minerals or generate 0.0% return on investment in Royal Road over 90 days. More
Royal Road 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 Royal Road's 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 Royal Road Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.13 | |||
| Information Ratio | 0.0293 | |||
| Maximum Drawdown | 32.6 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 10.0 |
Royal Road Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Royal Road's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Royal Road's standard deviation. In reality, there are many statistical measures that can use Royal Road historical prices to predict the future Royal Road's volatility.| Risk Adjusted Performance | 0.0173 | |||
| Jensen Alpha | 0.221 | |||
| Total Risk Alpha | 0.6944 | |||
| Sortino Ratio | 0.0126 | |||
| Treynor Ratio | 0.0266 |
Royal Road Minerals Backtested Returns
At this stage we consider Royal Stock to be out of control. Royal Road Minerals maintains Sharpe Ratio (i.e., Efficiency) of 0.0103, which implies the firm had a 0.0103 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Royal Road Minerals, which you can use to evaluate the volatility of the company. Please check Royal Road's Coefficient Of Variation of 9752.15, semi deviation of 4.11, and Risk Adjusted Performance of 0.0173 to confirm if the risk estimate we provide is consistent with the expected return of 0.0533%. The company holds a Beta of 1.63, 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, Royal Road will likely underperform. Royal Road Minerals right now holds a risk of 5.2%. Please check Royal Road Minerals maximum drawdown, expected short fall, as well as the relationship between the Expected Short fall and day median price , to decide if Royal Road Minerals will be following its historical price patterns.
Auto-correlation | -0.54 |
Good reverse predictability
Royal Road Minerals has good reverse predictability. Overlapping area represents the amount of predictability between Royal Road time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Royal Road Minerals price movement. The serial correlation of -0.54 indicates that about 54.0% of current Royal Road price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Royal Road Minerals lagged returns against current returns
Autocorrelation, which is Royal Road 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 Royal Road's stock expected returns. We can calculate the autocorrelation of Royal Road returns to help us make a trade decision. For example, suppose you find that Royal Road 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 |
Royal Road 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 Royal Road stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Royal Road stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Royal Road stock over time.
Current vs Lagged Prices |
| Timeline |
Royal Road Lagged Returns
When evaluating Royal Road's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Royal Road stock have on its future price. Royal Road 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, Royal Road autocorrelation shows the relationship between Royal Road stock current value and its past values and can show if there is a momentum factor associated with investing in Royal Road Minerals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Royal Stock Analysis
When running Royal Road's price analysis, check to measure Royal Road's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Royal Road is operating at the current time. Most of Royal Road's value examination focuses on studying past and present price action to predict the probability of Royal Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Road's price. Additionally, you may evaluate how the addition of Royal Road to your portfolios can decrease your overall portfolio volatility.