Reitmans Limited Stock Market Value
| RTMAF Stock | USD 1.91 0.00 0.00% |
| Symbol | Reitmans |
Reitmans (Canada) '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 Reitmans (Canada)'s 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 Reitmans (Canada).
| 08/06/2024 |
| 12/04/2024 |
If you would invest 0.00 in Reitmans (Canada) on August 6, 2024 and sell it all today you would earn a total of 0.00 from holding Reitmans Limited or generate 0.0% return on investment in Reitmans (Canada) over 120 days. Reitmans (Canada) is related to or competes with Arhaus, Floor Decor, Live Ventures, Cisco Systems, Johnson Johnson, JPMorgan Chase, and Walmart. Reitmans Limited primarily engages in the retail sale of womens wear apparel in Canada More
Reitmans (Canada) 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 Reitmans (Canada)'s 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 Reitmans Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.21 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 15.27 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 1.03 |
Reitmans (Canada) Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reitmans (Canada)'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reitmans (Canada)'s standard deviation. In reality, there are many statistical measures that can use Reitmans (Canada) historical prices to predict the future Reitmans (Canada)'s volatility.| Risk Adjusted Performance | 0.0155 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0413 |
Reitmans (Canada) Backtested Returns
At this point, Reitmans (Canada) is relatively risky. Reitmans (Canada) maintains Sharpe Ratio (i.e., Efficiency) of 0.0423, which implies the firm had a 0.0423% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Reitmans (Canada), which you can use to evaluate the volatility of the company. Please check Reitmans (Canada)'s Semi Deviation of 0.9959, coefficient of variation of 7732.58, and Risk Adjusted Performance of 0.0155 to confirm if the risk estimate we provide is consistent with the expected return of 0.0738%. Reitmans (Canada) has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.31, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Reitmans (Canada)'s returns are expected to increase less than the market. However, during the bear market, the loss of holding Reitmans (Canada) is expected to be smaller as well. Reitmans (Canada) right now holds a risk of 1.75%. Please check Reitmans (Canada) total risk alpha, downside variance, day median price, as well as the relationship between the maximum drawdown and skewness , to decide if Reitmans (Canada) will be following its historical price patterns.
Auto-correlation | -0.03 |
Very weak reverse predictability
Reitmans Limited has very weak reverse predictability. Overlapping area represents the amount of predictability between Reitmans (Canada) time series from 6th of August 2024 to 5th of October 2024 and 5th of October 2024 to 4th 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 Reitmans (Canada) price movement. The serial correlation of -0.03 indicates that only 3.0% of current Reitmans (Canada) price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Reitmans (Canada) lagged returns against current returns
Autocorrelation, which is Reitmans (Canada) 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 Reitmans (Canada)'s pink sheet expected returns. We can calculate the autocorrelation of Reitmans (Canada) returns to help us make a trade decision. For example, suppose you find that Reitmans (Canada) 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 |
Reitmans (Canada) 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 Reitmans (Canada) pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reitmans (Canada) pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reitmans (Canada) pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Reitmans (Canada) Lagged Returns
When evaluating Reitmans (Canada)'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reitmans (Canada) pink sheet have on its future price. Reitmans (Canada) 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, Reitmans (Canada) autocorrelation shows the relationship between Reitmans (Canada) pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Reitmans Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Reitmans Pink Sheet
Reitmans (Canada) financial ratios help investors to determine whether Reitmans 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 Reitmans with respect to the benefits of owning Reitmans (Canada) security.