RATH Aktiengesellscha (Austria) Market Value
| RAT Stock | EUR 25.00 0.00 0.00% |
| Symbol | RATH |
RATH 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 RATH 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 RATH Aktiengesellscha.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in RATH Aktiengesellscha on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding RATH Aktiengesellschaft or generate 0.0% return on investment in RATH Aktiengesellscha over 30 days. RATH Aktiengesellscha is related to or competes with Semperit Aktiengesellscha, Telekom Austria, Oesterr Post, Warimpex Finanz, Anheuser Busch, and Burgenland Holding. RATH Aktiengesellschaft engages in the production and sale of refractory materials in Europe, Africa, the Middle East, t... More
RATH 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 RATH 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 RATH Aktiengesellschaft upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 3.85 |
RATH Aktiengesellscha Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RATH Aktiengesellscha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RATH Aktiengesellscha's standard deviation. In reality, there are many statistical measures that can use RATH Aktiengesellscha historical prices to predict the future RATH Aktiengesellscha's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 1.05 |
RATH Aktiengesellschaft Backtested Returns
RATH Aktiengesellschaft maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the company had a -0.13% return per unit of standard deviation over the last 3 months. RATH Aktiengesellschaft exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RATH Aktiengesellscha's Variance of 0.3117, market risk adjusted performance of 1.06, and Mean Deviation of 0.1819 to confirm the risk estimate we provide. The firm holds a Beta of -0.0757, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning RATH Aktiengesellscha are expected to decrease at a much lower rate. During the bear market, RATH Aktiengesellscha is likely to outperform the market. At this point, RATH Aktiengesellschaft has a negative expected return of -0.0705%. Please make sure to check RATH Aktiengesellscha's variance, as well as the relationship between the skewness and day typical price , to decide if RATH Aktiengesellschaft performance from the past will be repeated at future time.
Auto-correlation | 0.00 |
No correlation between past and present
RATH Aktiengesellschaft has no correlation between past and present. Overlapping area represents the amount of predictability between RATH Aktiengesellscha time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 RATH Aktiengesellschaft price movement. The serial correlation of 0.0 indicates that just 0.0% of current RATH Aktiengesellscha price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
RATH Aktiengesellschaft lagged returns against current returns
Autocorrelation, which is RATH 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 RATH Aktiengesellscha's stock expected returns. We can calculate the autocorrelation of RATH Aktiengesellscha returns to help us make a trade decision. For example, suppose you find that RATH 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 |
RATH 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 RATH Aktiengesellscha stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RATH Aktiengesellscha stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RATH Aktiengesellscha stock over time.
Current vs Lagged Prices |
| Timeline |
RATH Aktiengesellscha Lagged Returns
When evaluating RATH Aktiengesellscha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RATH Aktiengesellscha stock have on its future price. RATH 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, RATH Aktiengesellscha autocorrelation shows the relationship between RATH Aktiengesellscha stock current value and its past values and can show if there is a momentum factor associated with investing in RATH Aktiengesellschaft.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in RATH Stock
RATH Aktiengesellscha financial ratios help investors to determine whether RATH 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 RATH with respect to the benefits of owning RATH Aktiengesellscha security.