Renaissance Europe (Germany) Market Value

Symbol

Renaissance

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 Renaissance Europe's fund 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 Renaissance Europe.

Renaissance Europe Upside/Downside Indicators

Renaissance Europe Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Renaissance Europe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Renaissance Europe's standard deviation. In reality, there are many statistical measures that can use Renaissance Europe historical prices to predict the future Renaissance Europe's volatility.

Autocorrelation, which is Renaissance Europe fund'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 Renaissance Europe's fund expected returns. We can calculate the autocorrelation of Renaissance Europe returns to help us make a trade decision. For example, suppose you find that Renaissance Europe has exhibited high autocorrelation historically, and you observe that the fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Renaissance Europe fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Renaissance Europe fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Renaissance Europe fund over time.

When evaluating Renaissance Europe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Renaissance Europe fund have on its future price. Renaissance Europe 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, Renaissance Europe autocorrelation shows the relationship between Renaissance Europe fund current value and its past values and can show if there is a momentum factor associated with investing in Renaissance Europe C.

Renaissance Europe financial ratios help investors to determine whether Renaissance Fund 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 Renaissance with respect to the benefits of owning Renaissance Europe security.