RCL Foods (South Africa) Market Value
| RCL Stock | 988.00 10.00 1.00% |
| Symbol | RCL |
RCL Foods '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 RCL Foods' 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 RCL Foods.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in RCL Foods on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding RCL Foods or generate 0.0% return on investment in RCL Foods over 90 days. RCL Foods is related to or competes with Deneb Investments, Quantum Foods, Life Healthcare, Afine Investments, Nedbank, Hosken Consolidated, and HomeChoice Investments. More
RCL Foods 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 RCL Foods' 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 RCL Foods upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.1002 | |||
| Maximum Drawdown | 15.85 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 3.69 |
RCL Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RCL Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RCL Foods' standard deviation. In reality, there are many statistical measures that can use RCL Foods historical prices to predict the future RCL Foods' volatility.| Risk Adjusted Performance | 0.0596 | |||
| Jensen Alpha | 0.0879 | |||
| Total Risk Alpha | 0.4596 | |||
| Sortino Ratio | 0.1232 | |||
| Treynor Ratio | (0.28) |
RCL Foods Backtested Returns
At this point, RCL Foods is very steady. RCL Foods maintains Sharpe Ratio (i.e., Efficiency) of 0.0271, which implies the company had a 0.0271 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for RCL Foods, which you can use to evaluate the volatility of the entity. Please check RCL Foods' market risk adjusted performance of (0.27), and Coefficient Of Variation of 1640.33 to confirm if the risk estimate we provide is consistent with the expected return of 0.0687%. RCL Foods has a performance score of 2 on a scale of 0 to 100. The firm holds a Beta of -0.51, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning RCL Foods are expected to decrease at a much lower rate. During the bear market, RCL Foods is likely to outperform the market. RCL Foods currently holds a risk of 2.54%. Please check RCL Foods value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if RCL Foods will be following its historical price patterns.
Auto-correlation | 0.15 |
Insignificant predictability
RCL Foods has insignificant predictability. Overlapping area represents the amount of predictability between RCL Foods time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 RCL Foods price movement. The serial correlation of 0.15 indicates that less than 15.0% of current RCL Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 1300.77 |
RCL Foods lagged returns against current returns
Autocorrelation, which is RCL Foods 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 RCL Foods' stock expected returns. We can calculate the autocorrelation of RCL Foods returns to help us make a trade decision. For example, suppose you find that RCL Foods 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 |
RCL Foods 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 RCL Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RCL Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RCL Foods stock over time.
Current vs Lagged Prices |
| Timeline |
RCL Foods Lagged Returns
When evaluating RCL Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RCL Foods stock have on its future price. RCL Foods 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, RCL Foods autocorrelation shows the relationship between RCL Foods stock current value and its past values and can show if there is a momentum factor associated with investing in RCL Foods.
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 RCL Stock
RCL Foods financial ratios help investors to determine whether RCL 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 RCL with respect to the benefits of owning RCL Foods security.