Readcloud (Australia) Market Value
| RCL Stock | 0.11 0.00 0.00% |
| Symbol | Readcloud |
Readcloud '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 Readcloud'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 Readcloud.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Readcloud on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Readcloud or generate 0.0% return on investment in Readcloud over 90 days. Readcloud is related to or competes with Encounter Resources, Deep Yellow, and Elevate Uranium. Readcloud is entity of Australia. It is traded as Stock on AU exchange. More
Readcloud 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 Readcloud'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 Readcloud upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.09 | |||
| Information Ratio | 0.0317 | |||
| Maximum Drawdown | 36.36 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 14.58 |
Readcloud Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Readcloud's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Readcloud's standard deviation. In reality, there are many statistical measures that can use Readcloud historical prices to predict the future Readcloud's volatility.| Risk Adjusted Performance | 0.0577 | |||
| Jensen Alpha | 0.172 | |||
| Total Risk Alpha | (0.66) | |||
| Sortino Ratio | 0.0274 | |||
| Treynor Ratio | 0.2621 |
Readcloud Backtested Returns
Readcloud appears to be out of control, given 3 months investment horizon. Readcloud maintains Sharpe Ratio (i.e., Efficiency) of 0.0317, which implies the firm had a 0.0317 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Readcloud, which you can use to evaluate the volatility of the company. Please evaluate Readcloud's Risk Adjusted Performance of 0.0577, coefficient of variation of 1901.25, and Semi Deviation of 3.88 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Readcloud holds a performance score of 2. The company holds a Beta of 1.36, 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, Readcloud will likely underperform. Please check Readcloud's semi deviation, variance, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Readcloud's historical price patterns will revert.
Auto-correlation | -0.46 |
Modest reverse predictability
Readcloud has modest reverse predictability. Overlapping area represents the amount of predictability between Readcloud time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 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 Readcloud price movement. The serial correlation of -0.46 indicates that about 46.0% of current Readcloud price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Readcloud lagged returns against current returns
Autocorrelation, which is Readcloud 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 Readcloud's stock expected returns. We can calculate the autocorrelation of Readcloud returns to help us make a trade decision. For example, suppose you find that Readcloud 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 |
Readcloud 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 Readcloud stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Readcloud stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Readcloud stock over time.
Current vs Lagged Prices |
| Timeline |
Readcloud Lagged Returns
When evaluating Readcloud's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Readcloud stock have on its future price. Readcloud 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, Readcloud autocorrelation shows the relationship between Readcloud stock current value and its past values and can show if there is a momentum factor associated with investing in Readcloud.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Readcloud Stock Analysis
When running Readcloud's price analysis, check to measure Readcloud'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 Readcloud is operating at the current time. Most of Readcloud's value examination focuses on studying past and present price action to predict the probability of Readcloud's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Readcloud's price. Additionally, you may evaluate how the addition of Readcloud to your portfolios can decrease your overall portfolio volatility.