RCS MediaGroup (Germany) Market Value
| HPI2 Stock | EUR 0.84 0.03 3.45% |
| Symbol | RCS |
RCS MediaGroup '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 RCS MediaGroup'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 RCS MediaGroup.
| 07/20/2023 |
| 12/11/2024 |
If you would invest 0.00 in RCS MediaGroup on July 20, 2023 and sell it all today you would earn a total of 0.00 from holding RCS MediaGroup SpA or generate 0.0% return on investment in RCS MediaGroup over 510 days. RCS MediaGroup is related to or competes with DXC Technology, Molson Coors, Tsingtao Brewery, Fevertree Drinks, SCOTT TECHNOLOGY, China Resources, and Sunny Optical. RCS MediaGroup S.p.A. operates as a multimedia publishing company in Italy, Spain, and internationally More
RCS MediaGroup 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 RCS MediaGroup'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 RCS MediaGroup SpA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.52 | |||
| Information Ratio | 0.0776 | |||
| Maximum Drawdown | 8.37 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 2.53 |
RCS MediaGroup Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RCS MediaGroup's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RCS MediaGroup's standard deviation. In reality, there are many statistical measures that can use RCS MediaGroup historical prices to predict the future RCS MediaGroup's volatility.| Risk Adjusted Performance | 0.1189 | |||
| Jensen Alpha | 0.2367 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0483 | |||
| Treynor Ratio | (36.30) |
RCS MediaGroup SpA Backtested Returns
RCS MediaGroup appears to be abnormally volatile, given 3 months investment horizon. RCS MediaGroup SpA maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the company had a 0.15% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for RCS MediaGroup SpA, which you can use to evaluate the volatility of the entity. Please evaluate RCS MediaGroup's Mean Deviation of 1.12, market risk adjusted performance of (36.29), and Coefficient Of Variation of 636.6 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, RCS MediaGroup holds a performance score of 11. The firm holds a Beta of -0.0065, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning RCS MediaGroup are expected to decrease at a much lower rate. During the bear market, RCS MediaGroup is likely to outperform the market. Please check RCS MediaGroup's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether RCS MediaGroup's historical price patterns will revert.
Auto-correlation | 0.50 |
Modest predictability
RCS MediaGroup SpA has modest predictability. Overlapping area represents the amount of predictability between RCS MediaGroup time series from 20th of July 2023 to 31st of March 2024 and 31st of March 2024 to 11th 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 RCS MediaGroup SpA price movement. The serial correlation of 0.5 indicates that about 50.0% of current RCS MediaGroup price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RCS MediaGroup SpA lagged returns against current returns
Autocorrelation, which is RCS MediaGroup 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 RCS MediaGroup's stock expected returns. We can calculate the autocorrelation of RCS MediaGroup returns to help us make a trade decision. For example, suppose you find that RCS MediaGroup 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 |
RCS MediaGroup 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 RCS MediaGroup stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RCS MediaGroup stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RCS MediaGroup stock over time.
Current vs Lagged Prices |
| Timeline |
RCS MediaGroup Lagged Returns
When evaluating RCS MediaGroup's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RCS MediaGroup stock have on its future price. RCS MediaGroup 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, RCS MediaGroup autocorrelation shows the relationship between RCS MediaGroup stock current value and its past values and can show if there is a momentum factor associated with investing in RCS MediaGroup SpA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in RCS Stock
RCS MediaGroup financial ratios help investors to determine whether RCS 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 RCS with respect to the benefits of owning RCS MediaGroup security.