RED HILL (Germany) Market Value
| R4I Stock | EUR 0.18 0.00 0.00% |
| Symbol | RED |
RED HILL '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 RED HILL'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 RED HILL.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in RED HILL on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding RED HILL IRON or generate 0.0% return on investment in RED HILL over 30 days. RED HILL is related to or competes with Direct Line, Warner Music, CARSALESCOM, Tencent Music, MUTUIONLINE, UNIVERSAL MUSIC, and Gruppo Mutuionline. More
RED HILL 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 RED HILL'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 RED HILL IRON upside and downside potential and time the market with a certain degree of confidence.
RED HILL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RED HILL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RED HILL's standard deviation. In reality, there are many statistical measures that can use RED HILL historical prices to predict the future RED HILL's volatility.RED HILL IRON Backtested Returns
We have found three technical indicators for RED HILL IRON, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and RED HILL are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
RED HILL IRON has perfect predictability. Overlapping area represents the amount of predictability between RED HILL time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of RED HILL IRON price movement. The serial correlation of 1.0 indicates that 100.0% of current RED HILL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RED HILL IRON lagged returns against current returns
Autocorrelation, which is RED HILL 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 RED HILL's stock expected returns. We can calculate the autocorrelation of RED HILL returns to help us make a trade decision. For example, suppose you find that RED HILL 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 |
RED HILL 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 RED HILL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RED HILL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RED HILL stock over time.
Current vs Lagged Prices |
| Timeline |
RED HILL Lagged Returns
When evaluating RED HILL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RED HILL stock have on its future price. RED HILL 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, RED HILL autocorrelation shows the relationship between RED HILL stock current value and its past values and can show if there is a momentum factor associated with investing in RED HILL IRON.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in RED Stock
RED HILL financial ratios help investors to determine whether RED 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 RED with respect to the benefits of owning RED HILL security.