Randstad (Netherlands) Market Value

RAND Stock  EUR 48.92  0.50  1.01%   
Randstad's market value is the price at which a share of Randstad trades on a public exchange. It measures the collective expectations of Randstad NV investors about its performance. Randstad is selling for under 48.92 as of the 29th of March 2024; that is -1.01 percent down since the beginning of the trading day. The stock's lowest day price was 48.67.
With this module, you can estimate the performance of a buy and hold strategy of Randstad NV and determine expected loss or profit from investing in Randstad over a given investment horizon. Check out Randstad Correlation, Randstad Volatility and Randstad Alpha and Beta module to complement your research on Randstad.
Symbol

Please note, there is a significant difference between Randstad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Randstad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Randstad'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.

Randstad '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 Randstad'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 Randstad.
0.00
01/29/2024
No Change 0.00  0.0 
In 2 months and 2 days
03/29/2024
0.00
If you would invest  0.00  in Randstad on January 29, 2024 and sell it all today you would earn a total of 0.00 from holding Randstad NV or generate 0.0% return on investment in Randstad over 60 days. Randstad is related to or competes with OCI NV, Iex Group, BE Semiconductor, NV Nederlandsche, ASML Holding, and ASM International. Randstad NV provides solutions in the field of work and human resources services More

Randstad 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 Randstad'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 Randstad NV upside and downside potential and time the market with a certain degree of confidence.

Randstad Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Randstad's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Randstad's standard deviation. In reality, there are many statistical measures that can use Randstad historical prices to predict the future Randstad's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Randstad'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.
Hype
Prediction
LowEstimatedHigh
47.8248.9250.02
Details
Intrinsic
Valuation
LowRealHigh
48.5349.6350.73
Details
Naive
Forecast
LowNextHigh
47.5148.6149.70
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
48.6249.0949.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Randstad. Your research has to be compared to or analyzed against Randstad's peers to derive any actionable benefits. When done correctly, Randstad's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Randstad NV.

Randstad NV Backtested Returns

Randstad NV maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Randstad NV exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Randstad's Coefficient Of Variation of (659.20), variance of 1.17, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The company holds a Beta of 0.36, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Randstad's returns are expected to increase less than the market. However, during the bear market, the loss of holding Randstad is expected to be smaller as well. Randstad NV has an expected return of -0.16%. Please make sure to check Randstad NV potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Randstad NV performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.66  

Very good reverse predictability

Randstad NV has very good reverse predictability. Overlapping area represents the amount of predictability between Randstad time series from 29th of January 2024 to 28th of February 2024 and 28th of February 2024 to 29th of March 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 Randstad NV price movement. The serial correlation of -0.66 indicates that around 66.0% of current Randstad price fluctuation can be explain by its past prices.
Correlation Coefficient-0.66
Spearman Rank Test-0.25
Residual Average0.0
Price Variance0.18

Randstad NV lagged returns against current returns

Autocorrelation, which is Randstad 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 Randstad's stock expected returns. We can calculate the autocorrelation of Randstad returns to help us make a trade decision. For example, suppose you find that Randstad 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  

Randstad 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 Randstad stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Randstad stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Randstad stock over time.
   Current vs Lagged Prices   
       Timeline  

Randstad Lagged Returns

When evaluating Randstad's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Randstad stock have on its future price. Randstad 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, Randstad autocorrelation shows the relationship between Randstad stock current value and its past values and can show if there is a momentum factor associated with investing in Randstad NV.
   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 Randstad 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, Randstad's short interest history, or implied volatility extrapolated from Randstad options trading.

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Check out Randstad Correlation, Randstad Volatility and Randstad Alpha and Beta module to complement your research on Randstad.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Randstad Stock analysis

When running Randstad's price analysis, check to measure Randstad'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 Randstad is operating at the current time. Most of Randstad's value examination focuses on studying past and present price action to predict the probability of Randstad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Randstad's price. Additionally, you may evaluate how the addition of Randstad to your portfolios can decrease your overall portfolio volatility.
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Randstad 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.
A focus of Randstad technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Randstad trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...