Compagnie Financire (Germany) Market Value
| RIT1 Stock | EUR 14.20 0.10 0.71% |
| Symbol | Compagnie |
Compagnie Financire '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 Compagnie Financire'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 Compagnie Financire.
| 10/23/2024 |
| 12/22/2024 |
If you would invest 0.00 in Compagnie Financire on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Compagnie Financire Richemont or generate 0.0% return on investment in Compagnie Financire over 60 days. Compagnie Financire is related to or competes with LVMH Moët, LVMH Mot, LVMH Mot, Herms International, CHRISTIAN DIOR, Christian Dior, and Swatch. Compagnie Financire Richemont SA engages in the luxury goods business in Europe, the Middle East, Africa, Asia, and the ... More
Compagnie Financire 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 Compagnie Financire'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 Compagnie Financire Richemont upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.95 | |||
| Information Ratio | 0.0789 | |||
| Maximum Drawdown | 15.45 | |||
| Value At Risk | (4.73) | |||
| Potential Upside | 6.67 |
Compagnie Financire Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compagnie Financire's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compagnie Financire's standard deviation. In reality, there are many statistical measures that can use Compagnie Financire historical prices to predict the future Compagnie Financire's volatility.| Risk Adjusted Performance | 0.0781 | |||
| Jensen Alpha | 0.2624 | |||
| Total Risk Alpha | 0.1801 | |||
| Sortino Ratio | 0.083 | |||
| Treynor Ratio | 1.28 |
Compagnie Financire Backtested Returns
Compagnie Financire appears to be somewhat reliable, given 3 months investment horizon. Compagnie Financire secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Compagnie Financire Richemont, which you can use to evaluate the volatility of the firm. Please makes use of Compagnie Financire's Risk Adjusted Performance of 0.0781, downside deviation of 2.95, and Mean Deviation of 2.27 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Compagnie Financire holds a performance score of 9. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Compagnie Financire's returns are expected to increase less than the market. However, during the bear market, the loss of holding Compagnie Financire is expected to be smaller as well. Please check Compagnie Financire's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Compagnie Financire's price patterns will revert.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Compagnie Financire Richemont has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Compagnie Financire time series from 23rd of October 2024 to 22nd of November 2024 and 22nd of November 2024 to 22nd 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 Compagnie Financire price movement. The serial correlation of -0.75 indicates that around 75.0% of current Compagnie Financire price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.44 |
Compagnie Financire lagged returns against current returns
Autocorrelation, which is Compagnie Financire 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 Compagnie Financire's stock expected returns. We can calculate the autocorrelation of Compagnie Financire returns to help us make a trade decision. For example, suppose you find that Compagnie Financire 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 |
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Compagnie Financire 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 Compagnie Financire stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Compagnie Financire stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Compagnie Financire stock over time.
Current vs Lagged Prices |
| Timeline |
Compagnie Financire Lagged Returns
When evaluating Compagnie Financire's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Compagnie Financire stock have on its future price. Compagnie Financire 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, Compagnie Financire autocorrelation shows the relationship between Compagnie Financire stock current value and its past values and can show if there is a momentum factor associated with investing in Compagnie Financire Richemont.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Compagnie Stock
Compagnie Financire financial ratios help investors to determine whether Compagnie 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 Compagnie with respect to the benefits of owning Compagnie Financire security.