Raubex's market value is the price at which a share of Raubex trades on a public exchange. It measures the collective expectations of Raubex investors about its performance. Raubex is trading at 4990.00 as of the 10th of January 2025, a 1.48% down since the beginning of the trading day. The stock's lowest day price was 4901.0. With this module, you can estimate the performance of a buy and hold strategy of Raubex and determine expected loss or profit from investing in Raubex over a given investment horizon. Check out Raubex Correlation, Raubex Volatility and Raubex Alpha and Beta module to complement your research on Raubex.
Please note, there is a significant difference between Raubex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Raubex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Raubex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Raubex '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 Raubex'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 Raubex.
0.00
06/20/2023
No Change 0.00
0.0
In 1 year 6 months and 25 days
01/10/2025
0.00
If you would invest 0.00 in Raubex on June 20, 2023 and sell it all today you would earn a total of 0.00 from holding Raubex or generate 0.0% return on investment in Raubex over 570 days. Raubex is related to or competes with Aveng, Thungela Resources, Growthpoint Properties, and Shoprite Holdings. More
Raubex 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 Raubex'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 Raubex upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Raubex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Raubex's standard deviation. In reality, there are many statistical measures that can use Raubex historical prices to predict the future Raubex's volatility.
Raubex maintains Sharpe Ratio (i.e., Efficiency) of -0.0952, which implies the firm had a -0.0952% return per unit of risk over the last 3 months. Raubex exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Raubex's Risk Adjusted Performance of (0.02), coefficient of variation of (3,627), and Variance of 2.48 to confirm the risk estimate we provide. The company holds a Beta of -0.015, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Raubex are expected to decrease at a much lower rate. During the bear market, Raubex is likely to outperform the market. At this point, Raubex has a negative expected return of -0.15%. Please make sure to check Raubex's rate of daily change, price action indicator, and the relationship between the accumulation distribution and day typical price , to decide if Raubex performance from the past will be repeated at some point in the near future.
Auto-correlation
0.50
Modest predictability
Raubex has modest predictability. Overlapping area represents the amount of predictability between Raubex time series from 20th of June 2023 to 31st of March 2024 and 31st of March 2024 to 10th 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 Raubex price movement. The serial correlation of 0.5 indicates that about 50.0% of current Raubex price fluctuation can be explain by its past prices.
Correlation Coefficient
0.5
Spearman Rank Test
0.5
Residual Average
0.0
Price Variance
675.9 K
Raubex lagged returns against current returns
Autocorrelation, which is Raubex 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 Raubex's stock expected returns. We can calculate the autocorrelation of Raubex returns to help us make a trade decision. For example, suppose you find that Raubex 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
Raubex 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 Raubex stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Raubex stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Raubex stock over time.
Current vs Lagged Prices
Timeline
Raubex Lagged Returns
When evaluating Raubex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Raubex stock have on its future price. Raubex 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, Raubex autocorrelation shows the relationship between Raubex stock current value and its past values and can show if there is a momentum factor associated with investing in Raubex.
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.
Raubex financial ratios help investors to determine whether Raubex 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 Raubex with respect to the benefits of owning Raubex security.