Revenio (Finland) Market Value
| REG1V Stock | EUR 25.54 0.74 2.98% |
| Symbol | Revenio |
Revenio '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 Revenio'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 Revenio.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Revenio on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Revenio Group or generate 0.0% return on investment in Revenio over 90 days. Revenio is related to or competes with Qt Group, Harvia Oyj, Sampo Oyj, Kamux Suomi, and Fortum Oyj. Revenio Group Oyj, a health technology company, designs, manufactures, and sells medical instruments used for measuring ... More
Revenio 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 Revenio'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 Revenio Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 3.0E-4 | |||
| Maximum Drawdown | 12.23 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 3.46 |
Revenio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Revenio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Revenio's standard deviation. In reality, there are many statistical measures that can use Revenio historical prices to predict the future Revenio's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | 0.018 | |||
| Total Risk Alpha | 0.144 | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Revenio'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.
Revenio Group Backtested Returns
Revenio Group maintains Sharpe Ratio (i.e., Efficiency) of -0.0133, which implies the firm had a -0.0133 % return per unit of risk over the last 3 months. Revenio Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Revenio's Coefficient Of Variation of (2,046), risk adjusted performance of (0.04), and Variance of 4.06 to confirm the risk estimate we provide. The company holds a Beta of 1.16, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Revenio will likely underperform. At this point, Revenio Group has a negative expected return of -0.0276%. Please make sure to check Revenio's potential upside, daily balance of power, as well as the relationship between the Daily Balance Of Power and market facilitation index , to decide if Revenio Group performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Revenio Group has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Revenio time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Revenio Group price movement. The serial correlation of -0.71 indicates that around 71.0% of current Revenio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 3.45 |
Revenio Group lagged returns against current returns
Autocorrelation, which is Revenio 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 Revenio's stock expected returns. We can calculate the autocorrelation of Revenio returns to help us make a trade decision. For example, suppose you find that Revenio 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 |
Revenio 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 Revenio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Revenio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Revenio stock over time.
Current vs Lagged Prices |
| Timeline |
Revenio Lagged Returns
When evaluating Revenio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Revenio stock have on its future price. Revenio 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, Revenio autocorrelation shows the relationship between Revenio stock current value and its past values and can show if there is a momentum factor associated with investing in Revenio Group.
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 Revenio Stock
Revenio financial ratios help investors to determine whether Revenio 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 Revenio with respect to the benefits of owning Revenio security.