RYOHIN UNSPADR1 (Germany) Market Value
| 3RKU Stock | EUR 21.40 0.20 0.94% |
| Symbol | RYOHIN |
RYOHIN UNSPADR1 '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 RYOHIN UNSPADR1'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 RYOHIN UNSPADR1.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in RYOHIN UNSPADR1 on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding RYOHIN UNSPADR1 or generate 0.0% return on investment in RYOHIN UNSPADR1 over 30 days. RYOHIN UNSPADR1 is related to or competes with Superior Plus, SIVERS SEMICONDUCTORS, NorAm Drilling, Norsk Hydro, Reliance Steel, and Vanguard Funds. Ryohin Keikaku Co., Ltd. develops, manufactures, distributes, and sells clothing, household goods, and food items under ... More
RYOHIN UNSPADR1 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 RYOHIN UNSPADR1'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 RYOHIN UNSPADR1 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | 0.1801 | |||
| Maximum Drawdown | 9.54 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 3.31 |
RYOHIN UNSPADR1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RYOHIN UNSPADR1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RYOHIN UNSPADR1's standard deviation. In reality, there are many statistical measures that can use RYOHIN UNSPADR1 historical prices to predict the future RYOHIN UNSPADR1's volatility.| Risk Adjusted Performance | 0.1722 | |||
| Jensen Alpha | 0.4526 | |||
| Total Risk Alpha | 0.2053 | |||
| Sortino Ratio | 0.2139 | |||
| Treynor Ratio | 4.55 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RYOHIN UNSPADR1'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.
RYOHIN UNSPADR1 Backtested Returns
RYOHIN UNSPADR1 appears to be very steady, given 3 months investment horizon. RYOHIN UNSPADR1 maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for RYOHIN UNSPADR1, which you can use to evaluate the volatility of the company. Please evaluate RYOHIN UNSPADR1's Market Risk Adjusted Performance of 4.56, risk adjusted performance of 0.1722, and Semi Deviation of 1.25 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, RYOHIN UNSPADR1 holds a performance score of 18. The company holds a Beta of 0.1, which implies not very significant fluctuations relative to the market. As returns on the market increase, RYOHIN UNSPADR1's returns are expected to increase less than the market. However, during the bear market, the loss of holding RYOHIN UNSPADR1 is expected to be smaller as well. Please check RYOHIN UNSPADR1's downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether RYOHIN UNSPADR1's historical price patterns will revert.
Auto-correlation | 0.71 |
Good predictability
RYOHIN UNSPADR1 has good predictability. Overlapping area represents the amount of predictability between RYOHIN UNSPADR1 time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th of December 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 RYOHIN UNSPADR1 price movement. The serial correlation of 0.71 indicates that around 71.0% of current RYOHIN UNSPADR1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
RYOHIN UNSPADR1 lagged returns against current returns
Autocorrelation, which is RYOHIN UNSPADR1 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 RYOHIN UNSPADR1's stock expected returns. We can calculate the autocorrelation of RYOHIN UNSPADR1 returns to help us make a trade decision. For example, suppose you find that RYOHIN UNSPADR1 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 |
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RYOHIN UNSPADR1 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 RYOHIN UNSPADR1 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RYOHIN UNSPADR1 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RYOHIN UNSPADR1 stock over time.
Current vs Lagged Prices |
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RYOHIN UNSPADR1 Lagged Returns
When evaluating RYOHIN UNSPADR1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RYOHIN UNSPADR1 stock have on its future price. RYOHIN UNSPADR1 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, RYOHIN UNSPADR1 autocorrelation shows the relationship between RYOHIN UNSPADR1 stock current value and its past values and can show if there is a momentum factor associated with investing in RYOHIN UNSPADR1.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in RYOHIN Stock
RYOHIN UNSPADR1 financial ratios help investors to determine whether RYOHIN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RYOHIN with respect to the benefits of owning RYOHIN UNSPADR1 security.