RCM TECHNOLOGIES (Germany) Market Value
| RC2 Stock | EUR 21.40 0.20 0.93% |
| Symbol | RCM |
RCM TECHNOLOGIES '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 RCM TECHNOLOGIES'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 RCM TECHNOLOGIES.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in RCM TECHNOLOGIES on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding RCM TECHNOLOGIES or generate 0.0% return on investment in RCM TECHNOLOGIES over 720 days. RCM TECHNOLOGIES is related to or competes with Compugroup Medical, MEDICAL FACILITIES, 24SEVENOFFICE GROUP, Infrastrutture Wireless, and AVITA Medical. More
RCM TECHNOLOGIES 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 RCM TECHNOLOGIES'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 RCM TECHNOLOGIES upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.76 | |||
| Information Ratio | 0.0643 | |||
| Maximum Drawdown | 15.24 | |||
| Value At Risk | (4.59) | |||
| Potential Upside | 4.81 |
RCM TECHNOLOGIES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RCM TECHNOLOGIES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RCM TECHNOLOGIES's standard deviation. In reality, there are many statistical measures that can use RCM TECHNOLOGIES historical prices to predict the future RCM TECHNOLOGIES's volatility.| Risk Adjusted Performance | 0.0969 | |||
| Jensen Alpha | 0.2037 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0601 | |||
| Treynor Ratio | 0.4159 |
RCM TECHNOLOGIES Backtested Returns
RCM TECHNOLOGIES appears to be not too volatile, given 3 months investment horizon. RCM TECHNOLOGIES maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the company had a 0.12% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for RCM TECHNOLOGIES, which you can use to evaluate the volatility of the entity. Please evaluate RCM TECHNOLOGIES's coefficient of variation of 851.19, and Market Risk Adjusted Performance of 0.4259 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, RCM TECHNOLOGIES holds a performance score of 9. The firm holds a Beta of 0.71, which implies possible diversification benefits within a given portfolio. As returns on the market increase, RCM TECHNOLOGIES's returns are expected to increase less than the market. However, during the bear market, the loss of holding RCM TECHNOLOGIES is expected to be smaller as well. Please check RCM TECHNOLOGIES's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether RCM TECHNOLOGIES's historical price patterns will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
RCM TECHNOLOGIES has poor reverse predictability. Overlapping area represents the amount of predictability between RCM TECHNOLOGIES time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 RCM TECHNOLOGIES price movement. The serial correlation of -0.38 indicates that just about 38.0% of current RCM TECHNOLOGIES price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 12.67 |
RCM TECHNOLOGIES lagged returns against current returns
Autocorrelation, which is RCM TECHNOLOGIES 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 RCM TECHNOLOGIES's stock expected returns. We can calculate the autocorrelation of RCM TECHNOLOGIES returns to help us make a trade decision. For example, suppose you find that RCM TECHNOLOGIES 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 |
RCM TECHNOLOGIES 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 RCM TECHNOLOGIES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RCM TECHNOLOGIES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RCM TECHNOLOGIES stock over time.
Current vs Lagged Prices |
| Timeline |
RCM TECHNOLOGIES Lagged Returns
When evaluating RCM TECHNOLOGIES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RCM TECHNOLOGIES stock have on its future price. RCM TECHNOLOGIES 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, RCM TECHNOLOGIES autocorrelation shows the relationship between RCM TECHNOLOGIES stock current value and its past values and can show if there is a momentum factor associated with investing in RCM TECHNOLOGIES.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Additional Information and Resources on Investing in RCM Stock
When determining whether RCM TECHNOLOGIES is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if RCM Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Rcm Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Rcm Technologies Stock:Check out RCM TECHNOLOGIES Correlation, RCM TECHNOLOGIES Volatility and RCM TECHNOLOGIES Alpha and Beta module to complement your research on RCM TECHNOLOGIES. For information on how to trade RCM Stock refer to our How to Trade RCM Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
RCM TECHNOLOGIES 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.