Roadside Real (UK) Market Value
| ROAD Stock | 30.80 0.30 0.98% |
| Symbol | Roadside |
Please note, there is a significant difference between Roadside Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roadside Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roadside Real'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.
Roadside Real '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 Roadside Real'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 Roadside Real.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Roadside Real on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Roadside Real Estate or generate 0.0% return on investment in Roadside Real over 720 days. Roadside Real is related to or competes with Toyota, SoftBank Group, OTP Bank, Las Vegas, Yum Brands, Digital Realty, and Axon Enterprise. Roadside Real is entity of United Kingdom More
Roadside Real 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 Roadside Real'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 Roadside Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.35 | |||
| Information Ratio | 0.2283 | |||
| Maximum Drawdown | 8.72 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 4.25 |
Roadside Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Roadside Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roadside Real's standard deviation. In reality, there are many statistical measures that can use Roadside Real historical prices to predict the future Roadside Real's volatility.| Risk Adjusted Performance | 0.2267 | |||
| Jensen Alpha | 0.5534 | |||
| Total Risk Alpha | 0.2768 | |||
| Sortino Ratio | 0.2009 | |||
| Treynor Ratio | 2.08 |
Roadside Real Estate Backtested Returns
Roadside Real appears to be very steady, given 3 months investment horizon. Roadside Real Estate maintains Sharpe Ratio (i.e., Efficiency) of 0.34, which implies the firm had a 0.34% return per unit of risk over the last 3 months. By analyzing Roadside Real's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please evaluate Roadside Real's Risk Adjusted Performance of 0.2267, coefficient of variation of 346.65, and Semi Deviation of 1.17 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Roadside Real holds a performance score of 26. The company holds a Beta of 0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, Roadside Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Roadside Real is expected to be smaller as well. Please check Roadside Real's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Roadside Real's historical price patterns will revert.
Auto-correlation | -0.07 |
Very weak reverse predictability
Roadside Real Estate has very weak reverse predictability. Overlapping area represents the amount of predictability between Roadside Real time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Roadside Real Estate price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Roadside Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 78.22 |
Roadside Real Estate lagged returns against current returns
Autocorrelation, which is Roadside Real 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 Roadside Real's stock expected returns. We can calculate the autocorrelation of Roadside Real returns to help us make a trade decision. For example, suppose you find that Roadside Real 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 |
Roadside Real 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 Roadside Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roadside Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roadside Real stock over time.
Current vs Lagged Prices |
| Timeline |
Roadside Real Lagged Returns
When evaluating Roadside Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roadside Real stock have on its future price. Roadside Real 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, Roadside Real autocorrelation shows the relationship between Roadside Real stock current value and its past values and can show if there is a momentum factor associated with investing in Roadside Real Estate.
Regressed Prices |
| Timeline |
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When running Roadside Real's price analysis, check to measure Roadside Real'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 Roadside Real is operating at the current time. Most of Roadside Real's value examination focuses on studying past and present price action to predict the probability of Roadside Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roadside Real's price. Additionally, you may evaluate how the addition of Roadside Real to your portfolios can decrease your overall portfolio volatility.