Randstad (Netherlands) Market Value
| RAND Stock | EUR 42.63 0.10 0.24% |
| Symbol | Randstad |
Randstad '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 Randstad'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 Randstad.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Randstad on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Randstad NV or generate 0.0% return on investment in Randstad over 90 days. Randstad is related to or competes with Akzo Nobel, Koninklijke KPN, Aegon NV, and Wolters Kluwer. Randstad NV provides solutions in the field of work and human resources services More
Randstad 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 Randstad'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 Randstad NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | 0.0492 | |||
| Maximum Drawdown | 9.38 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 4.47 |
Randstad Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Randstad's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Randstad's standard deviation. In reality, there are many statistical measures that can use Randstad historical prices to predict the future Randstad's volatility.| Risk Adjusted Performance | 0.0071 | |||
| Jensen Alpha | 0.0667 | |||
| Total Risk Alpha | 0.2528 | |||
| Sortino Ratio | 0.0526 | |||
| Treynor Ratio | (0.01) |
Randstad NV Backtested Returns
Currently, Randstad NV is very steady. Randstad NV maintains Sharpe Ratio (i.e., Efficiency) of 0.055, which implies the firm had a 0.055 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Randstad NV, which you can use to evaluate the volatility of the company. Please check Randstad's Risk Adjusted Performance of 0.0071, semi deviation of 1.91, and Coefficient Of Variation of 68237.0 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Randstad has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 0.68, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Randstad's returns are expected to increase less than the market. However, during the bear market, the loss of holding Randstad is expected to be smaller as well. Randstad NV right now holds a risk of 2.12%. Please check Randstad NV treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Randstad NV will be following its historical price patterns.
Auto-correlation | 0.42 |
Average predictability
Randstad NV has average predictability. Overlapping area represents the amount of predictability between Randstad time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th of March 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 Randstad NV price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Randstad price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 3.2 |
Randstad NV lagged returns against current returns
Autocorrelation, which is Randstad 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 Randstad's stock expected returns. We can calculate the autocorrelation of Randstad returns to help us make a trade decision. For example, suppose you find that Randstad 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 |
Randstad 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 Randstad stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Randstad stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Randstad stock over time.
Current vs Lagged Prices |
| Timeline |
Randstad Lagged Returns
When evaluating Randstad's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Randstad stock have on its future price. Randstad 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, Randstad autocorrelation shows the relationship between Randstad stock current value and its past values and can show if there is a momentum factor associated with investing in Randstad NV.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Randstad Stock Analysis
When running Randstad's price analysis, check to measure Randstad's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Randstad is operating at the current time. Most of Randstad's value examination focuses on studying past and present price action to predict the probability of Randstad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Randstad's price. Additionally, you may evaluate how the addition of Randstad to your portfolios can decrease your overall portfolio volatility.