Ropharma Bras (Romania) Market Value
| RPH Stock | 0.17 0.00 0.00% |
| Symbol | Ropharma |
Please note, there is a significant difference between Ropharma Bras' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ropharma Bras is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ropharma Bras' 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.
Ropharma Bras '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 Ropharma Bras' 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 Ropharma Bras.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Ropharma Bras on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Ropharma Bras or generate 0.0% return on investment in Ropharma Bras over 30 days. More
Ropharma Bras 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 Ropharma Bras' 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 Ropharma Bras upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.98 | |||
| Information Ratio | 3.0E-4 | |||
| Maximum Drawdown | 18.06 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 5.88 |
Ropharma Bras Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ropharma Bras' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ropharma Bras' standard deviation. In reality, there are many statistical measures that can use Ropharma Bras historical prices to predict the future Ropharma Bras' volatility.| Risk Adjusted Performance | 0.0193 | |||
| Jensen Alpha | 0.0569 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 2.0E-4 | |||
| Treynor Ratio | (0.06) |
Ropharma Bras Backtested Returns
As of now, Ropharma Stock is out of control. Ropharma Bras maintains Sharpe Ratio (i.e., Efficiency) of 0.0152, which implies the firm had a 0.0152% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Ropharma Bras, which you can use to evaluate the volatility of the company. Please check Ropharma Bras' Semi Deviation of 2.07, coefficient of variation of 6712.5, and Risk Adjusted Performance of 0.0193 to confirm if the risk estimate we provide is consistent with the expected return of 0.048%. Ropharma Bras has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of -0.61, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ropharma Bras are expected to decrease at a much lower rate. During the bear market, Ropharma Bras is likely to outperform the market. Ropharma Bras right now holds a risk of 3.15%. Please check Ropharma Bras treynor ratio, expected short fall, relative strength index, as well as the relationship between the potential upside and rate of daily change , to decide if Ropharma Bras will be following its historical price patterns.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Ropharma Bras has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ropharma Bras time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Ropharma Bras price movement. The serial correlation of -0.16 indicates that over 16.0% of current Ropharma Bras price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ropharma Bras lagged returns against current returns
Autocorrelation, which is Ropharma Bras 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 Ropharma Bras' stock expected returns. We can calculate the autocorrelation of Ropharma Bras returns to help us make a trade decision. For example, suppose you find that Ropharma Bras 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 |
Ropharma Bras 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 Ropharma Bras stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ropharma Bras stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ropharma Bras stock over time.
Current vs Lagged Prices |
| Timeline |
Ropharma Bras Lagged Returns
When evaluating Ropharma Bras' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ropharma Bras stock have on its future price. Ropharma Bras 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, Ropharma Bras autocorrelation shows the relationship between Ropharma Bras stock current value and its past values and can show if there is a momentum factor associated with investing in Ropharma Bras.
Regressed Prices |
| Timeline |
Pair Trading with Ropharma Bras
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ropharma Bras position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ropharma Bras will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ropharma Bras could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ropharma Bras when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ropharma Bras - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ropharma Bras to buy it.
The correlation of Ropharma Bras is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ropharma Bras moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ropharma Bras moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ropharma Bras can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Ropharma Stock
Ropharma Bras financial ratios help investors to determine whether Ropharma 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 Ropharma with respect to the benefits of owning Ropharma Bras security.