Ryman Healthcare's market value is the price at which a share of Ryman Healthcare trades on a public exchange. It measures the collective expectations of Ryman Healthcare Limited investors about its performance. Ryman Healthcare is trading at 2.49 as of the 6th of January 2025. This is a 0.4 percent decrease since the beginning of the trading day. The stock's lowest day price was 2.49. With this module, you can estimate the performance of a buy and hold strategy of Ryman Healthcare Limited and determine expected loss or profit from investing in Ryman Healthcare over a given investment horizon. Check out Ryman Healthcare Correlation, Ryman Healthcare Volatility and Ryman Healthcare Alpha and Beta module to complement your research on Ryman Healthcare.
Please note, there is a significant difference between Ryman Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ryman Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ryman Healthcare'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 Healthcare '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 Healthcare'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 Healthcare.
0.00
11/07/2024
No Change 0.00
0.0
In 2 months and 2 days
01/06/2025
0.00
If you would invest 0.00 in Ryman Healthcare on November 7, 2024 and sell it all today you would earn a total of 0.00 from holding Ryman Healthcare Limited or generate 0.0% return on investment in Ryman Healthcare over 60 days. Ryman Healthcare is related to or competes with FUYO GENERAL, United Rentals, Performance Food, GWILLI FOOD, SENECA FOODS-A, Air Lease, and WILLIS LEASE. Ryman Healthcare Limited develops, owns, and operates integrated retirement villages, rest homes, and hospitals for the ... More
Ryman Healthcare 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 Healthcare'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 Healthcare Limited 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 Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ryman Healthcare's standard deviation. In reality, there are many statistical measures that can use Ryman Healthcare historical prices to predict the future Ryman Healthcare's volatility.
Ryman Healthcare maintains Sharpe Ratio (i.e., Efficiency) of -0.0017, which implies the firm had a -0.0017% return per unit of risk over the last 3 months. Ryman Healthcare exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ryman Healthcare's Risk Adjusted Performance of 0.0353, semi deviation of 1.94, and Coefficient Of Variation of 2808.97 to confirm the risk estimate we provide. The company holds a Beta of -0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ryman Healthcare are expected to decrease at a much lower rate. During the bear market, Ryman Healthcare is likely to outperform the market. At this point, Ryman Healthcare has a negative expected return of -0.0037%. Please make sure to check Ryman Healthcare's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Ryman Healthcare performance from the past will be repeated at some point in the near future.
Auto-correlation
0.55
Modest predictability
Ryman Healthcare Limited has modest predictability. Overlapping area represents the amount of predictability between Ryman Healthcare time series from 7th of November 2024 to 7th of December 2024 and 7th of December 2024 to 6th 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 Healthcare price movement. The serial correlation of 0.55 indicates that about 55.0% of current Ryman Healthcare price fluctuation can be explain by its past prices.
Correlation Coefficient
0.55
Spearman Rank Test
0.75
Residual Average
0.0
Price Variance
0.01
Ryman Healthcare lagged returns against current returns
Autocorrelation, which is Ryman Healthcare 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 Healthcare's stock expected returns. We can calculate the autocorrelation of Ryman Healthcare returns to help us make a trade decision. For example, suppose you find that Ryman Healthcare 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 Healthcare 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 Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ryman Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ryman Healthcare stock over time.
Current vs Lagged Prices
Timeline
Ryman Healthcare Lagged Returns
When evaluating Ryman Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ryman Healthcare stock have on its future price. Ryman Healthcare 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 Healthcare autocorrelation shows the relationship between Ryman Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in Ryman Healthcare Limited.
Ryman Healthcare 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 Healthcare security.