Rush Factory (Finland) Market Value
| RUSH Stock | EUR 0.66 0.00 0.00% |
| Symbol | Rush |
Rush Factory '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 Rush Factory'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 Rush Factory.
| 03/12/2023 |
| 03/01/2025 |
If you would invest 0.00 in Rush Factory on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding Rush Factory Oyj or generate 0.0% return on investment in Rush Factory over 720 days. Rush Factory is related to or competes with Heeros Oyj, Nexstim Oyj, Titanium Oyj, Vincit Group, and Solteq PLC. Rush Factory Oyj, an event organizer, develops and implements sports and experience event tours in Europe More
Rush Factory 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 Rush Factory'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 Rush Factory Oyj upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1112 | |||
| Maximum Drawdown | 9.56 |
Rush Factory Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rush Factory's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rush Factory's standard deviation. In reality, there are many statistical measures that can use Rush Factory historical prices to predict the future Rush Factory's volatility.| Risk Adjusted Performance | 0.0752 | |||
| Jensen Alpha | 0.0946 | |||
| Total Risk Alpha | 0.1212 | |||
| Treynor Ratio | 0.4109 |
Rush Factory Oyj Backtested Returns
We have found sixteen technical indicators for Rush Factory Oyj, which you can use to evaluate the volatility of the company. Please check Rush Factory's Coefficient Of Variation of 1016.62, risk adjusted performance of 0.0752, and Variance of 1.02 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%. The company holds a Beta of 0.22, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rush Factory's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rush Factory is expected to be smaller as well. Rush Factory Oyj right now holds a risk of 0.0%. Please check Rush Factory Oyj market risk adjusted performance, coefficient of variation, variance, as well as the relationship between the mean deviation and standard deviation , to decide if Rush Factory Oyj will be following its historical price patterns.
Auto-correlation | -0.3 |
Weak reverse predictability
Rush Factory Oyj has weak reverse predictability. Overlapping area represents the amount of predictability between Rush Factory time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st of March 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 Rush Factory Oyj price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Rush Factory price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Rush Factory Oyj lagged returns against current returns
Autocorrelation, which is Rush Factory 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 Rush Factory's stock expected returns. We can calculate the autocorrelation of Rush Factory returns to help us make a trade decision. For example, suppose you find that Rush Factory 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 |
Rush Factory 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 Rush Factory stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rush Factory stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rush Factory stock over time.
Current vs Lagged Prices |
| Timeline |
Rush Factory Lagged Returns
When evaluating Rush Factory's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rush Factory stock have on its future price. Rush Factory 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, Rush Factory autocorrelation shows the relationship between Rush Factory stock current value and its past values and can show if there is a momentum factor associated with investing in Rush Factory Oyj.
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.Other Information on Investing in Rush Stock
Rush Factory financial ratios help investors to determine whether Rush 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 Rush with respect to the benefits of owning Rush Factory security.