Rayonier Advanced (Germany) Market Value
| RYQ Stock | EUR 4.84 0.04 0.83% |
| Symbol | Rayonier |
Rayonier Advanced '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 Rayonier Advanced'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 Rayonier Advanced.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Rayonier Advanced on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Rayonier Advanced Materials or generate 0.0% return on investment in Rayonier Advanced over 90 days. Rayonier Advanced is related to or competes with DIVERSIFIED ROYALTY, Scottish Mortgage, AAC TECHNOLOGHLDGADR, Sunny Optical, and Kingdee International. Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Japan,... More
Rayonier Advanced 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 Rayonier Advanced'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 Rayonier Advanced Materials upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 31.31 | |||
| Value At Risk | (5.70) | |||
| Potential Upside | 4.03 |
Rayonier Advanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rayonier Advanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rayonier Advanced's standard deviation. In reality, there are many statistical measures that can use Rayonier Advanced historical prices to predict the future Rayonier Advanced's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.63) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (3.33) |
Rayonier Advanced Backtested Returns
Rayonier Advanced maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15 % return per unit of risk over the last 3 months. Rayonier Advanced exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rayonier Advanced's Coefficient Of Variation of (648.14), risk adjusted performance of (0.13), and Variance of 17.3 to confirm the risk estimate we provide. The company holds a Beta of 0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rayonier Advanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rayonier Advanced is expected to be smaller as well. At this point, Rayonier Advanced has a negative expected return of -0.64%. Please make sure to check Rayonier Advanced's coefficient of variation, treynor ratio, skewness, as well as the relationship between the jensen alpha and value at risk , to decide if Rayonier Advanced performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.42 |
Modest reverse predictability
Rayonier Advanced Materials has modest reverse predictability. Overlapping area represents the amount of predictability between Rayonier Advanced time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Rayonier Advanced price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Rayonier Advanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Rayonier Advanced lagged returns against current returns
Autocorrelation, which is Rayonier Advanced 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 Rayonier Advanced's stock expected returns. We can calculate the autocorrelation of Rayonier Advanced returns to help us make a trade decision. For example, suppose you find that Rayonier Advanced 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 |
Rayonier Advanced 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 Rayonier Advanced stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rayonier Advanced stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rayonier Advanced stock over time.
Current vs Lagged Prices |
| Timeline |
Rayonier Advanced Lagged Returns
When evaluating Rayonier Advanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rayonier Advanced stock have on its future price. Rayonier Advanced 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, Rayonier Advanced autocorrelation shows the relationship between Rayonier Advanced stock current value and its past values and can show if there is a momentum factor associated with investing in Rayonier Advanced Materials.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Rayonier Stock
When determining whether Rayonier Advanced is a strong investment it is important to analyze Rayonier Advanced's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rayonier Advanced's future performance. For an informed investment choice regarding Rayonier Stock, refer to the following important reports:Check out Rayonier Advanced Correlation, Rayonier Advanced Volatility and Rayonier Advanced Alpha and Beta module to complement your research on Rayonier Advanced. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Rayonier Advanced technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.