Reitmans Canada Stock Market Value
| RET Stock | CAD 2.41 0.27 10.07% |
| Symbol | Reitmans |
Reitmans Canada Price To Book Ratio
Reitmans Canada '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 Reitmans Canada'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 Reitmans Canada.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in Reitmans Canada on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Reitmans Canada or generate 0.0% return on investment in Reitmans Canada over 90 days. Reitmans Canada is related to or competes with Reitmans, Supremex, Inventronics, and Taiga Building. Reitmans Limited primarily engages in the retail sale of womens wear apparel in Canada More
Reitmans Canada 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 Reitmans Canada'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 Reitmans Canada upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0181 | |||
| Maximum Drawdown | 22.98 | |||
| Value At Risk | (5.52) | |||
| Potential Upside | 4.08 |
Reitmans Canada Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reitmans Canada's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reitmans Canada's standard deviation. In reality, there are many statistical measures that can use Reitmans Canada historical prices to predict the future Reitmans Canada's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | 0.4988 | |||
| Treynor Ratio | 0.2433 |
Reitmans Canada Backtested Returns
At this stage we consider Reitmans Stock to be very risky. Reitmans Canada maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Reitmans Canada, which you can use to evaluate the volatility of the company. Please check Reitmans Canada's Risk Adjusted Performance of (0.01), coefficient of variation of (6,235), and Variance of 12.76 to confirm if the risk estimate we provide is consistent with the expected return of 0.0285%. The company holds a Beta of -0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Reitmans Canada are expected to decrease at a much lower rate. During the bear market, Reitmans Canada is likely to outperform the market. Reitmans Canada right now holds a risk of 3.65%. Please check Reitmans Canada maximum drawdown, as well as the relationship between the accumulation distribution and day typical price , to decide if Reitmans Canada will be following its historical price patterns.
Auto-correlation | -0.32 |
Poor reverse predictability
Reitmans Canada has poor reverse predictability. Overlapping area represents the amount of predictability between Reitmans Canada time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 Reitmans Canada price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Reitmans Canada price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Reitmans Canada lagged returns against current returns
Autocorrelation, which is Reitmans Canada 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 Reitmans Canada's stock expected returns. We can calculate the autocorrelation of Reitmans Canada returns to help us make a trade decision. For example, suppose you find that Reitmans Canada 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 |
Reitmans Canada 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 Reitmans Canada stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reitmans Canada stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reitmans Canada stock over time.
Current vs Lagged Prices |
| Timeline |
Reitmans Canada Lagged Returns
When evaluating Reitmans Canada's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reitmans Canada stock have on its future price. Reitmans Canada 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, Reitmans Canada autocorrelation shows the relationship between Reitmans Canada stock current value and its past values and can show if there is a momentum factor associated with investing in Reitmans Canada.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Reitmans Stock Analysis
When running Reitmans Canada's price analysis, check to measure Reitmans Canada's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reitmans Canada is operating at the current time. Most of Reitmans Canada's value examination focuses on studying past and present price action to predict the probability of Reitmans Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reitmans Canada's price. Additionally, you may evaluate how the addition of Reitmans Canada to your portfolios can decrease your overall portfolio volatility.