Raute Oyj (Finland) Market Value
| RAUTE Stock | EUR 13.10 0.05 0.38% |
| Symbol | Raute |
Raute Oyj '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 Raute Oyj'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 Raute Oyj.
| 12/07/2024 |
| 01/06/2025 |
If you would invest 0.00 in Raute Oyj on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding Raute Oyj or generate 0.0% return on investment in Raute Oyj over 30 days. Raute Oyj is related to or competes with Sampo Oyj, Fortum Oyj, UPM Kymmene, and Nordea Bank. Raute Oyj, a technology and service company, provides machinery and equipment for production process in the wood product... More
Raute Oyj 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 Raute Oyj'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 Raute Oyj upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.44 | |||
| Information Ratio | 0.0396 | |||
| Maximum Drawdown | 12.94 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 3.31 |
Raute Oyj Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Raute Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Raute Oyj's standard deviation. In reality, there are many statistical measures that can use Raute Oyj historical prices to predict the future Raute Oyj's volatility.| Risk Adjusted Performance | 0.047 | |||
| Jensen Alpha | 0.0966 | |||
| Total Risk Alpha | 0.0622 | |||
| Sortino Ratio | 0.0562 | |||
| Treynor Ratio | (0.35) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Raute Oyj's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Raute Oyj Backtested Returns
Raute Oyj is not too volatile at the moment. Raute Oyj maintains Sharpe Ratio (i.e., Efficiency) of 0.0645, which implies the firm had a 0.0645% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Raute Oyj, which you can use to evaluate the volatility of the company. Please check Raute Oyj's Semi Deviation of 1.28, coefficient of variation of 1981.39, and Risk Adjusted Performance of 0.047 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Raute Oyj has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of -0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Raute Oyj are expected to decrease at a much lower rate. During the bear market, Raute Oyj is likely to outperform the market. Raute Oyj right now holds a risk of 2.09%. Please check Raute Oyj downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Raute Oyj will be following its historical price patterns.
Auto-correlation | -0.38 |
Poor reverse predictability
Raute Oyj has poor reverse predictability. Overlapping area represents the amount of predictability between Raute Oyj time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th 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 Raute Oyj price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Raute Oyj price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Raute Oyj lagged returns against current returns
Autocorrelation, which is Raute Oyj 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 Raute Oyj's stock expected returns. We can calculate the autocorrelation of Raute Oyj returns to help us make a trade decision. For example, suppose you find that Raute Oyj 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 |
Raute Oyj 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 Raute Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Raute Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Raute Oyj stock over time.
Current vs Lagged Prices |
| Timeline |
Raute Oyj Lagged Returns
When evaluating Raute Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Raute Oyj stock have on its future price. Raute Oyj 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, Raute Oyj autocorrelation shows the relationship between Raute Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Raute Oyj.
Regressed Prices |
| Timeline |
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Other Information on Investing in Raute Stock
Raute Oyj financial ratios help investors to determine whether Raute 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 Raute with respect to the benefits of owning Raute Oyj security.