Rand Capital Corp Stock Market Value
| RAND Stock | USD 16.99 1.76 11.56% |
| Symbol | Rand |
Rand Capital Corp Price To Book Ratio
Is Rand Capital's industry 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 Rand Capital. If investors know Rand 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 Rand Capital 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 (0.35) | Dividend Share 1 | Earnings Share 2.23 | Revenue Per Share 2.927 | Quarterly Revenue Growth 0.117 |
The market value of Rand Capital Corp is measured differently than its book value, which is the value of Rand that is recorded on the company's balance sheet. Investors also form their own opinion of Rand Capital's value that differs from its market value or its book value, called intrinsic value, which is Rand Capital's 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 Rand Capital's market value can be influenced by many factors that don't directly affect Rand Capital's 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 Rand Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rand Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rand Capital's 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.
Rand Capital '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 Rand Capital'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 Rand Capital.
| 05/04/2024 |
| 06/03/2024 |
If you would invest 0.00 in Rand Capital on May 4, 2024 and sell it all today you would earn a total of 0.00 from holding Rand Capital Corp or generate 0.0% return on investment in Rand Capital over 30 days. Rand Capital is related to or competes with Mercurity Fintech, Zhong Yang, and Applied Blockchain. Rand Capital Corporation is a business development company specializing in subordinated debt with warrants or preferred ... More
Rand Capital 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 Rand Capital'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 Rand Capital Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.55 | |||
| Information Ratio | 0.1668 | |||
| Maximum Drawdown | 7.23 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 3.24 |
Rand Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rand Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rand Capital's standard deviation. In reality, there are many statistical measures that can use Rand Capital historical prices to predict the future Rand Capital's volatility.| Risk Adjusted Performance | 0.1247 | |||
| Jensen Alpha | 0.3626 | |||
| Total Risk Alpha | 0.2683 | |||
| Sortino Ratio | 0.2278 | |||
| Treynor Ratio | 0.5483 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rand Capital'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.
Rand Capital Corp Backtested Returns
Rand Capital appears to be not too volatile, given 3 months investment horizon. Rand Capital Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rand Capital Corp, which you can use to evaluate the volatility of the company. Please evaluate Rand Capital's Risk Adjusted Performance of 0.1247, coefficient of variation of 531.27, and Semi Deviation of 1.14 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Rand Capital holds a performance score of 15. The company holds a Beta of 0.71, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Rand Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rand Capital is expected to be smaller as well. Please check Rand Capital's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Rand Capital's historical price patterns will revert.
Auto-correlation | 0.33 |
Below average predictability
Rand Capital Corp has below average predictability. Overlapping area represents the amount of predictability between Rand Capital time series from 4th of May 2024 to 19th of May 2024 and 19th of May 2024 to 3rd of June 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 Rand Capital Corp price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Rand Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.66 |
Rand Capital Corp lagged returns against current returns
Autocorrelation, which is Rand Capital 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 Rand Capital's stock expected returns. We can calculate the autocorrelation of Rand Capital returns to help us make a trade decision. For example, suppose you find that Rand Capital 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 |
Rand Capital 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 Rand Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rand Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rand Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Rand Capital Lagged Returns
When evaluating Rand Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rand Capital stock have on its future price. Rand Capital 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, Rand Capital autocorrelation shows the relationship between Rand Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Rand Capital Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Rand Capital Corp is a strong investment it is important to analyze Rand Capital's 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 Rand Capital's future performance. For an informed investment choice regarding Rand Stock, refer to the following important reports:Check out Rand Capital Correlation, Rand Capital Volatility and Rand Capital Alpha and Beta module to complement your research on Rand Capital. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Rand Stock analysis
When running Rand Capital's price analysis, check to measure Rand Capital'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 Rand Capital is operating at the current time. Most of Rand Capital's value examination focuses on studying past and present price action to predict the probability of Rand Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rand Capital's price. Additionally, you may evaluate how the addition of Rand Capital to your portfolios can decrease your overall portfolio volatility.
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Rand Capital 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.