RWE Aktiengesellscha's market value is the price at which a share of RWE Aktiengesellscha trades on a public exchange. It measures the collective expectations of RWE Aktiengesellschaft investors about its performance. RWE Aktiengesellscha is trading at 29.00 as of the 6th of January 2025. This is a 4.32 percent up since the beginning of the trading day. The stock's lowest day price was 29.0. With this module, you can estimate the performance of a buy and hold strategy of RWE Aktiengesellschaft and determine expected loss or profit from investing in RWE Aktiengesellscha over a given investment horizon. Check out RWE Aktiengesellscha Correlation, RWE Aktiengesellscha Volatility and RWE Aktiengesellscha Alpha and Beta module to complement your research on RWE Aktiengesellscha.
Please note, there is a significant difference between RWE Aktiengesellscha's value and its price as these two are different measures arrived at by different means. Investors typically determine if RWE Aktiengesellscha is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RWE Aktiengesellscha's 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.
RWE Aktiengesellscha '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 RWE Aktiengesellscha'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 RWE Aktiengesellscha.
0.00
11/07/2024
No Change 0.00
0.0
In 2 months and 2 days
01/06/2025
0.00
If you would invest 0.00 in RWE Aktiengesellscha on November 7, 2024 and sell it all today you would earn a total of 0.00 from holding RWE Aktiengesellschaft or generate 0.0% return on investment in RWE Aktiengesellscha over 60 days. RWE Aktiengesellscha is related to or competes with SEI INVESTMENTS, Sun Life, Scottish Mortgage, Ameriprise Financial, Virtu Financial, Japan Asia, and New Residential. It operates through four segments Lignite Nuclear European Power Supply Trading and Innogy More
RWE Aktiengesellscha 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 RWE Aktiengesellscha'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 RWE Aktiengesellschaft 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 RWE Aktiengesellscha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RWE Aktiengesellscha's standard deviation. In reality, there are many statistical measures that can use RWE Aktiengesellscha historical prices to predict the future RWE Aktiengesellscha's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as RWE Aktiengesellscha. Your research has to be compared to or analyzed against RWE Aktiengesellscha's peers to derive any actionable benefits. When done correctly, RWE Aktiengesellscha's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in RWE Aktiengesellschaft.
RWE Aktiengesellschaft Backtested Returns
RWE Aktiengesellschaft maintains Sharpe Ratio (i.e., Efficiency) of -0.0498, which implies the firm had a -0.0498% return per unit of volatility over the last 3 months. RWE Aktiengesellschaft exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RWE Aktiengesellscha's coefficient of variation of (2,009), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The company holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, RWE Aktiengesellscha's returns are expected to increase less than the market. However, during the bear market, the loss of holding RWE Aktiengesellscha is expected to be smaller as well. At this point, RWE Aktiengesellschaft has a negative expected return of -0.0938%. Please make sure to check RWE Aktiengesellscha's standard deviation, information ratio, total risk alpha, as well as the relationship between the variance and jensen alpha , to decide if RWE Aktiengesellschaft performance from the past will be repeated at future time.
Auto-correlation
-0.6
Good reverse predictability
RWE Aktiengesellschaft has good reverse predictability. Overlapping area represents the amount of predictability between RWE Aktiengesellscha time series from 7th of November 2024 to 7th of December 2024 and 7th of December 2024 to 6th 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 RWE Aktiengesellschaft price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current RWE Aktiengesellscha price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.6
Spearman Rank Test
0.31
Residual Average
0.0
Price Variance
1.48
RWE Aktiengesellschaft lagged returns against current returns
Autocorrelation, which is RWE Aktiengesellscha 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 RWE Aktiengesellscha's stock expected returns. We can calculate the autocorrelation of RWE Aktiengesellscha returns to help us make a trade decision. For example, suppose you find that RWE Aktiengesellscha 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
RWE Aktiengesellscha 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 RWE Aktiengesellscha stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RWE Aktiengesellscha stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RWE Aktiengesellscha stock over time.
Current vs Lagged Prices
Timeline
RWE Aktiengesellscha Lagged Returns
When evaluating RWE Aktiengesellscha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RWE Aktiengesellscha stock have on its future price. RWE Aktiengesellscha 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, RWE Aktiengesellscha autocorrelation shows the relationship between RWE Aktiengesellscha stock current value and its past values and can show if there is a momentum factor associated with investing in RWE Aktiengesellschaft.
RWE Aktiengesellscha financial ratios help investors to determine whether RWE 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 RWE with respect to the benefits of owning RWE Aktiengesellscha security.