RATIONAL UNADR (Germany) Market Value
| RAA1 Stock | EUR 40.40 0.60 1.51% |
| Symbol | RATIONAL |
RATIONAL UNADR '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 RATIONAL UNADR'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 RATIONAL UNADR.
| 10/02/2023 |
| 12/25/2024 |
If you would invest 0.00 in RATIONAL UNADR on October 2, 2023 and sell it all today you would earn a total of 0.00 from holding RATIONAL UNADR 1 or generate 0.0% return on investment in RATIONAL UNADR over 450 days. RATIONAL UNADR is related to or competes with WW Grainger, Fastenal, Watsco, WATSCO INC, WESCO International, and Indutrade. RATIONAL Aktiengesellschaft develops, produces, and sells professional cooking appliances for industrial kitchens worldw... More
RATIONAL UNADR 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 RATIONAL UNADR'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 RATIONAL UNADR 1 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 8.36 | |||
| Value At Risk | (2.87) | |||
| Potential Upside | 2.35 |
RATIONAL UNADR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RATIONAL UNADR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RATIONAL UNADR's standard deviation. In reality, there are many statistical measures that can use RATIONAL UNADR historical prices to predict the future RATIONAL UNADR's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (1.14) |
RATIONAL UNADR 1 Backtested Returns
RATIONAL UNADR 1 maintains Sharpe Ratio (i.e., Efficiency) of -0.0627, which implies the company had a -0.0627% return per unit of standard deviation over the last 3 months. RATIONAL UNADR 1 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RATIONAL UNADR's Mean Deviation of 1.11, variance of 2.58, and Market Risk Adjusted Performance of (1.13) to confirm the risk estimate we provide. The firm holds a Beta of 0.0866, which implies not very significant fluctuations relative to the market. As returns on the market increase, RATIONAL UNADR's returns are expected to increase less than the market. However, during the bear market, the loss of holding RATIONAL UNADR is expected to be smaller as well. At this point, RATIONAL UNADR 1 has a negative expected return of -0.0936%. Please make sure to check RATIONAL UNADR's potential upside, kurtosis, rate of daily change, as well as the relationship between the skewness and daily balance of power , to decide if RATIONAL UNADR 1 performance from the past will be repeated at future time.
Auto-correlation | 0.78 |
Good predictability
RATIONAL UNADR 1 has good predictability. Overlapping area represents the amount of predictability between RATIONAL UNADR time series from 2nd of October 2023 to 14th of May 2024 and 14th of May 2024 to 25th 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 RATIONAL UNADR 1 price movement. The serial correlation of 0.78 indicates that around 78.0% of current RATIONAL UNADR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 6.39 |
RATIONAL UNADR 1 lagged returns against current returns
Autocorrelation, which is RATIONAL UNADR 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 RATIONAL UNADR's stock expected returns. We can calculate the autocorrelation of RATIONAL UNADR returns to help us make a trade decision. For example, suppose you find that RATIONAL UNADR 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 |
RATIONAL UNADR 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 RATIONAL UNADR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RATIONAL UNADR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RATIONAL UNADR stock over time.
Current vs Lagged Prices |
| Timeline |
RATIONAL UNADR Lagged Returns
When evaluating RATIONAL UNADR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RATIONAL UNADR stock have on its future price. RATIONAL UNADR 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, RATIONAL UNADR autocorrelation shows the relationship between RATIONAL UNADR stock current value and its past values and can show if there is a momentum factor associated with investing in RATIONAL UNADR 1.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in RATIONAL Stock
RATIONAL UNADR financial ratios help investors to determine whether RATIONAL 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 RATIONAL with respect to the benefits of owning RATIONAL UNADR security.