Realord Group (Germany) Market Value
| CUV Stock | EUR 0.86 0.02 2.38% |
| Symbol | Realord |
Realord Group '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 Realord Group'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 Realord Group.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in Realord Group on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Realord Group Holdings or generate 0.0% return on investment in Realord Group over 30 days. Realord Group is related to or competes with UNITED RENTALS, BORR DRILLING, Sims Metal, CEOTRONICS, Perdoceo Education, PRECISION DRILLING, and Q2M Managementberatu. Realord Group Holdings Limited, an investment holding company, engages in the commercial printing, hangtag, motor vehicl... More
Realord Group 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 Realord Group'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 Realord Group Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.11 | |||
| Information Ratio | 0.17 | |||
| Maximum Drawdown | 16.89 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 5.81 |
Realord Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Realord Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Realord Group's standard deviation. In reality, there are many statistical measures that can use Realord Group historical prices to predict the future Realord Group's volatility.| Risk Adjusted Performance | 0.1505 | |||
| Jensen Alpha | 0.5294 | |||
| Total Risk Alpha | 0.4473 | |||
| Sortino Ratio | 0.1238 | |||
| Treynor Ratio | 6.92 |
Realord Group Holdings Backtested Returns
Realord Group appears to be dangerous, given 3 months investment horizon. Realord Group Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. By analyzing Realord Group's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please evaluate Realord Group's Coefficient Of Variation of 553.39, semi deviation of 2.49, and Risk Adjusted Performance of 0.1505 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Realord Group holds a performance score of 15. The company holds a Beta of 0.0768, which implies not very significant fluctuations relative to the market. As returns on the market increase, Realord Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Realord Group is expected to be smaller as well. Please check Realord Group's information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to make a quick decision on whether Realord Group's historical price patterns will revert.
Auto-correlation | 0.29 |
Poor predictability
Realord Group Holdings has poor predictability. Overlapping area represents the amount of predictability between Realord Group time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 Realord Group Holdings price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Realord Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Realord Group Holdings lagged returns against current returns
Autocorrelation, which is Realord Group 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 Realord Group's stock expected returns. We can calculate the autocorrelation of Realord Group returns to help us make a trade decision. For example, suppose you find that Realord Group 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 |
Realord Group 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 Realord Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Realord Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Realord Group stock over time.
Current vs Lagged Prices |
| Timeline |
Realord Group Lagged Returns
When evaluating Realord Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Realord Group stock have on its future price. Realord Group 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, Realord Group autocorrelation shows the relationship between Realord Group stock current value and its past values and can show if there is a momentum factor associated with investing in Realord Group Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Realord Stock
Realord Group financial ratios help investors to determine whether Realord 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 Realord with respect to the benefits of owning Realord Group security.