RYMAN HEALTHCAR's market value is the price at which a share of RYMAN HEALTHCAR trades on a public exchange. It measures the collective expectations of RYMAN HEALTHCAR investors about its performance. RYMAN HEALTHCAR is trading at 2.54 as of the 4th of January 2025, a 0.39% down since the beginning of the trading day. The stock's lowest day price was 2.54. With this module, you can estimate the performance of a buy and hold strategy of RYMAN HEALTHCAR and determine expected loss or profit from investing in RYMAN HEALTHCAR over a given investment horizon. Check out RYMAN HEALTHCAR Correlation, RYMAN HEALTHCAR Volatility and RYMAN HEALTHCAR Alpha and Beta module to complement your research on RYMAN HEALTHCAR.
Please note, there is a significant difference between RYMAN HEALTHCAR's value and its price as these two are different measures arrived at by different means. Investors typically determine if RYMAN HEALTHCAR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RYMAN HEALTHCAR'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.
RYMAN HEALTHCAR '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 RYMAN HEALTHCAR'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 RYMAN HEALTHCAR.
0.00
11/05/2024
No Change 0.00
0.0
In 2 months and 2 days
01/04/2025
0.00
If you would invest 0.00 in RYMAN HEALTHCAR on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding RYMAN HEALTHCAR or generate 0.0% return on investment in RYMAN HEALTHCAR over 60 days. RYMAN HEALTHCAR is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
RYMAN HEALTHCAR 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 RYMAN HEALTHCAR'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 RYMAN HEALTHCAR 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 RYMAN HEALTHCAR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RYMAN HEALTHCAR's standard deviation. In reality, there are many statistical measures that can use RYMAN HEALTHCAR historical prices to predict the future RYMAN HEALTHCAR's volatility.
RYMAN HEALTHCAR maintains Sharpe Ratio (i.e., Efficiency) of -9.0E-4, which implies the firm had a -9.0E-4% return per unit of volatility over the last 3 months. RYMAN HEALTHCAR exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RYMAN HEALTHCAR's risk adjusted performance of 0.0345, and Semi Deviation of 2.25 to confirm the risk estimate we provide. The company holds a Beta of 0.55, which implies possible diversification benefits within a given portfolio. As returns on the market increase, RYMAN HEALTHCAR's returns are expected to increase less than the market. However, during the bear market, the loss of holding RYMAN HEALTHCAR is expected to be smaller as well. At this point, RYMAN HEALTHCAR has a negative expected return of -0.0018%. Please make sure to check RYMAN HEALTHCAR's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if RYMAN HEALTHCAR performance from the past will be repeated at some future point.
Auto-correlation
0.80
Very good predictability
RYMAN HEALTHCAR has very good predictability. Overlapping area represents the amount of predictability between RYMAN HEALTHCAR time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 RYMAN HEALTHCAR price movement. The serial correlation of 0.8 indicates that around 80.0% of current RYMAN HEALTHCAR price fluctuation can be explain by its past prices.
Correlation Coefficient
0.8
Spearman Rank Test
0.49
Residual Average
0.0
Price Variance
0.01
RYMAN HEALTHCAR lagged returns against current returns
Autocorrelation, which is RYMAN HEALTHCAR 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 RYMAN HEALTHCAR's stock expected returns. We can calculate the autocorrelation of RYMAN HEALTHCAR returns to help us make a trade decision. For example, suppose you find that RYMAN HEALTHCAR 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
RYMAN HEALTHCAR 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 RYMAN HEALTHCAR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RYMAN HEALTHCAR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RYMAN HEALTHCAR stock over time.
Current vs Lagged Prices
Timeline
RYMAN HEALTHCAR Lagged Returns
When evaluating RYMAN HEALTHCAR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RYMAN HEALTHCAR stock have on its future price. RYMAN HEALTHCAR 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, RYMAN HEALTHCAR autocorrelation shows the relationship between RYMAN HEALTHCAR stock current value and its past values and can show if there is a momentum factor associated with investing in RYMAN HEALTHCAR.
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.
RYMAN HEALTHCAR financial ratios help investors to determine whether RYMAN 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 RYMAN with respect to the benefits of owning RYMAN HEALTHCAR security.