Robix Environmental Technologies Stock Market Value
| ROBXF Stock | USD 0.0001 0.00 0.00% |
| Symbol | Robix |
Robix Environmental '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 Robix Environmental'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 Robix Environmental.
| 04/11/2024 |
| 05/11/2024 |
If you would invest 0.00 in Robix Environmental on April 11, 2024 and sell it all today you would earn a total of 0.00 from holding Robix Environmental Technologies or generate 0.0% return on investment in Robix Environmental over 30 days. Robix Environmental is related to or competes with Veralto, Zurn Elkay, Federal Signal, and Atmus Filtration. Robix Environmental Technologies, Inc., an investment holding company, develops and sells oil spill response and recover... More
Robix Environmental 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 Robix Environmental'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 Robix Environmental Technologies upside and downside potential and time the market with a certain degree of confidence.
Robix Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Robix Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Robix Environmental's standard deviation. In reality, there are many statistical measures that can use Robix Environmental historical prices to predict the future Robix Environmental's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Robix Environmental'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.
Robix Environmental Backtested Returns
We have found three technical indicators for Robix Environmental, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Robix Environmental are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Robix Environmental Technologies has no correlation between past and present. Overlapping area represents the amount of predictability between Robix Environmental time series from 11th of April 2024 to 26th of April 2024 and 26th of April 2024 to 11th of May 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 Robix Environmental price movement. The serial correlation of 0.0 indicates that just 0.0% of current Robix Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Robix Environmental lagged returns against current returns
Autocorrelation, which is Robix Environmental 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 Robix Environmental's pink sheet expected returns. We can calculate the autocorrelation of Robix Environmental returns to help us make a trade decision. For example, suppose you find that Robix Environmental 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 |
Robix Environmental 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 Robix Environmental pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Robix Environmental pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Robix Environmental pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Robix Environmental Lagged Returns
When evaluating Robix Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Robix Environmental pink sheet have on its future price. Robix Environmental 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, Robix Environmental autocorrelation shows the relationship between Robix Environmental pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Robix Environmental Technologies.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Robix Environmental in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Robix Environmental's short interest history, or implied volatility extrapolated from Robix Environmental options trading.
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Check out Robix Environmental Correlation, Robix Environmental Volatility and Robix Environmental Alpha and Beta module to complement your research on Robix Environmental. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Robix Pink Sheet analysis
When running Robix Environmental's price analysis, check to measure Robix Environmental'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 Robix Environmental is operating at the current time. Most of Robix Environmental's value examination focuses on studying past and present price action to predict the probability of Robix Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Robix Environmental's price. Additionally, you may evaluate how the addition of Robix Environmental to your portfolios can decrease your overall portfolio volatility.
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Robix Environmental technical pink sheet 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, pink sheet market cycles, or different charting patterns.