Retailors' market value is the price at which a share of Retailors trades on a public exchange. It measures the collective expectations of Retailors investors about its performance. Retailors is trading at 7316.00 as of the 28th of November 2024, a 0.22 percent decrease since the beginning of the trading day. The stock's open price was 7332.0. With this module, you can estimate the performance of a buy and hold strategy of Retailors and determine expected loss or profit from investing in Retailors over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Retailors
Retailors '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 Retailors' 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 Retailors.
0.00
10/29/2024
No Change 0.00
0.0
In 31 days
11/28/2024
0.00
If you would invest 0.00 in Retailors on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Retailors or generate 0.0% return on investment in Retailors over 30 days.
Retailors 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 Retailors' 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 Retailors 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 Retailors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Retailors' standard deviation. In reality, there are many statistical measures that can use Retailors historical prices to predict the future Retailors' volatility.
Retailors appears to be very steady, given 3 months investment horizon. Retailors maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Retailors, which you can use to evaluate the volatility of the company. Please evaluate Retailors' Semi Deviation of 2.64, coefficient of variation of 864.77, and Risk Adjusted Performance of 0.096 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Retailors holds a performance score of 9. The company holds a Beta of 0.4, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Retailors' returns are expected to increase less than the market. However, during the bear market, the loss of holding Retailors is expected to be smaller as well. Please check Retailors' treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Retailors' historical price patterns will revert.
Auto-correlation
-0.62
Very good reverse predictability
Retailors has very good reverse predictability. Overlapping area represents the amount of predictability between Retailors time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Retailors price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Retailors price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.62
Spearman Rank Test
-0.59
Residual Average
0.0
Price Variance
169.4 K
Retailors lagged returns against current returns
Autocorrelation, which is Retailors 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 Retailors' stock expected returns. We can calculate the autocorrelation of Retailors returns to help us make a trade decision. For example, suppose you find that Retailors 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
Retailors 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 Retailors stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Retailors stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Retailors stock over time.
Current vs Lagged Prices
Timeline
Retailors Lagged Returns
When evaluating Retailors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Retailors stock have on its future price. Retailors 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, Retailors autocorrelation shows the relationship between Retailors stock current value and its past values and can show if there is a momentum factor associated with investing in Retailors.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.