Resona Holdings Stock Market Value
| RSNHF Stock | USD 7.32 0.17 2.27% |
| Symbol | Resona |
Resona Holdings '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 Resona Holdings' pink sheet 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 Resona Holdings.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in Resona Holdings on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding Resona Holdings or generate 0.0% return on investment in Resona Holdings over 30 days. Resona Holdings is related to or competes with Popular, Associated Banc, Nordea Bank, Wintrust Financial, First Financial, Parke Bancorp, and City Holding. Resona Holdings, Inc., through its subsidiaries, provides retail and commercial banking products and services in Japan a... More
Resona Holdings 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 Resona Holdings' pink sheet 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 Resona Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.64 | |||
| Information Ratio | 0.0192 | |||
| Maximum Drawdown | 31.33 | |||
| Value At Risk | (11.02) | |||
| Potential Upside | 11.08 |
Resona Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Resona Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Resona Holdings' standard deviation. In reality, there are many statistical measures that can use Resona Holdings historical prices to predict the future Resona Holdings' volatility.| Risk Adjusted Performance | 0.0312 | |||
| Jensen Alpha | 0.0979 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.019 | |||
| Treynor Ratio | 0.0941 |
Resona Holdings Backtested Returns
Resona Holdings appears to be unstable, given 3 months investment horizon. Resona Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0643, which implies the firm had a 0.0643 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Resona Holdings, which you can use to evaluate the volatility of the company. Please evaluate Resona Holdings' Semi Deviation of 6.31, risk adjusted performance of 0.0312, and Coefficient Of Variation of 3782.46 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Resona Holdings holds a performance score of 5. The company holds a Beta of 1.75, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Resona Holdings will likely underperform. Please check Resona Holdings' expected short fall, and the relationship between the value at risk and rate of daily change , to make a quick decision on whether Resona Holdings' historical price patterns will revert.
Auto-correlation | 0.34 |
Below average predictability
Resona Holdings has below average predictability. Overlapping area represents the amount of predictability between Resona Holdings time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th 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 Resona Holdings price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Resona Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Resona Holdings lagged returns against current returns
Autocorrelation, which is Resona Holdings pink sheet'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 Resona Holdings' pink sheet expected returns. We can calculate the autocorrelation of Resona Holdings returns to help us make a trade decision. For example, suppose you find that Resona Holdings has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Resona Holdings 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 Resona Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Resona Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Resona Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Resona Holdings Lagged Returns
When evaluating Resona Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Resona Holdings pink sheet have on its future price. Resona Holdings 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, Resona Holdings autocorrelation shows the relationship between Resona Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Resona Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Resona Pink Sheet
Resona Holdings financial ratios help investors to determine whether Resona Pink Sheet 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 Resona with respect to the benefits of owning Resona Holdings security.