Rexel SA (France) Market Value
| RXL Stock | EUR 25.22 0.46 1.79% |
| Symbol | Rexel |
Rexel SA '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 Rexel SA'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 Rexel SA.
| 12/22/2022 |
| 12/11/2024 |
If you would invest 0.00 in Rexel SA on December 22, 2022 and sell it all today you would earn a total of 0.00 from holding Rexel SA or generate 0.0% return on investment in Rexel SA over 720 days. Rexel SA is related to or competes with Thermador Groupe, Samse SA, Rubis SCA, and Trigano SA. Rexel S.A. distributes low and ultra-low voltage electrical products to professional customers and markets in the fields... More
Rexel SA 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 Rexel SA'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 Rexel SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.98 | |||
| Information Ratio | 0.042 | |||
| Maximum Drawdown | 14.02 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 2.74 |
Rexel SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rexel SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rexel SA's standard deviation. In reality, there are many statistical measures that can use Rexel SA historical prices to predict the future Rexel SA's volatility.| Risk Adjusted Performance | 0.0796 | |||
| Jensen Alpha | 0.1976 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0448 | |||
| Treynor Ratio | 4.37 |
Rexel SA Backtested Returns
At this point, Rexel SA is very steady. Rexel SA maintains Sharpe Ratio (i.e., Efficiency) of 0.0912, which implies the firm had a 0.0912% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rexel SA, which you can use to evaluate the volatility of the company. Please check Rexel SA's Coefficient Of Variation of 988.62, semi deviation of 1.75, and Risk Adjusted Performance of 0.0796 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Rexel SA has a performance score of 7 on a scale of 0 to 100. The company holds a Beta of 0.0464, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rexel SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rexel SA is expected to be smaller as well. Rexel SA right now holds a risk of 2.12%. Please check Rexel SA potential upside, accumulation distribution, period momentum indicator, as well as the relationship between the expected short fall and day median price , to decide if Rexel SA will be following its historical price patterns.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Rexel SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Rexel SA time series from 22nd of December 2022 to 17th of December 2023 and 17th of December 2023 to 11th 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 Rexel SA price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Rexel SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 2.76 |
Rexel SA lagged returns against current returns
Autocorrelation, which is Rexel SA 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 Rexel SA's stock expected returns. We can calculate the autocorrelation of Rexel SA returns to help us make a trade decision. For example, suppose you find that Rexel SA 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 |
Rexel SA 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 Rexel SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rexel SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rexel SA stock over time.
Current vs Lagged Prices |
| Timeline |
Rexel SA Lagged Returns
When evaluating Rexel SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rexel SA stock have on its future price. Rexel SA 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, Rexel SA autocorrelation shows the relationship between Rexel SA stock current value and its past values and can show if there is a momentum factor associated with investing in Rexel SA.
Regressed Prices |
| Timeline |
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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 Rexel Stock
Rexel SA financial ratios help investors to determine whether Rexel 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 Rexel with respect to the benefits of owning Rexel SA security.