Remy Cointreau (France) Market Value
| RCO Stock | EUR 58.35 0.75 1.27% |
| Symbol | Remy |
Remy Cointreau '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 Remy Cointreau'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 Remy Cointreau.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Remy Cointreau on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Remy Cointreau or generate 0.0% return on investment in Remy Cointreau over 180 days. Remy Cointreau is related to or competes with Pernod Ricard, SEB SA, Sodexo SA, Wendel, and Socit BIC. Rmy Cointreau SA, together with its subsidiaries, produces and distributes liqueurs and spirits More
Remy Cointreau 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 Remy Cointreau'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 Remy Cointreau upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 13.71 | |||
| Value At Risk | (3.89) | |||
| Potential Upside | 4.67 |
Remy Cointreau Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Remy Cointreau's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Remy Cointreau's standard deviation. In reality, there are many statistical measures that can use Remy Cointreau historical prices to predict the future Remy Cointreau's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.72) |
Remy Cointreau Backtested Returns
Remy Cointreau maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. Remy Cointreau exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Remy Cointreau's Variance of 5.33, risk adjusted performance of (0.10), and Coefficient Of Variation of (701.50) to confirm the risk estimate we provide. The company holds a Beta of 0.47, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Remy Cointreau's returns are expected to increase less than the market. However, during the bear market, the loss of holding Remy Cointreau is expected to be smaller as well. At this point, Remy Cointreau has a negative expected return of -0.31%. Please make sure to check Remy Cointreau's kurtosis, and the relationship between the value at risk and rate of daily change , to decide if Remy Cointreau performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.70 |
Good predictability
Remy Cointreau has good predictability. Overlapping area represents the amount of predictability between Remy Cointreau time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Remy Cointreau price movement. The serial correlation of 0.7 indicates that around 70.0% of current Remy Cointreau price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 20.52 |
Remy Cointreau lagged returns against current returns
Autocorrelation, which is Remy Cointreau 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 Remy Cointreau's stock expected returns. We can calculate the autocorrelation of Remy Cointreau returns to help us make a trade decision. For example, suppose you find that Remy Cointreau 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 |
Remy Cointreau 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 Remy Cointreau stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Remy Cointreau stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Remy Cointreau stock over time.
Current vs Lagged Prices |
| Timeline |
Remy Cointreau Lagged Returns
When evaluating Remy Cointreau's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Remy Cointreau stock have on its future price. Remy Cointreau 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, Remy Cointreau autocorrelation shows the relationship between Remy Cointreau stock current value and its past values and can show if there is a momentum factor associated with investing in Remy Cointreau.
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 Remy Stock
Remy Cointreau financial ratios help investors to determine whether Remy 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 Remy with respect to the benefits of owning Remy Cointreau security.