Reinet Investments (Netherlands) Market Value
| REINA Stock | EUR 25.00 1.00 3.85% |
| Symbol | Reinet |
Reinet Investments '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 Reinet Investments' 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 Reinet Investments.
| 09/19/2024 |
| 12/18/2024 |
If you would invest 0.00 in Reinet Investments on September 19, 2024 and sell it all today you would earn a total of 0.00 from holding Reinet Investments SCA or generate 0.0% return on investment in Reinet Investments over 90 days. Reinet Investments is related to or competes with Companhia Paranaense, and Quest For. Reinet Investments S.C.A. operates as a securitization vehicle in Luxembourg More
Reinet Investments 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 Reinet Investments' 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 Reinet Investments SCA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.36 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 13.19 | |||
| Value At Risk | (4.62) | |||
| Potential Upside | 6.72 |
Reinet Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reinet Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reinet Investments' standard deviation. In reality, there are many statistical measures that can use Reinet Investments historical prices to predict the future Reinet Investments' volatility.| Risk Adjusted Performance | 0.0233 | |||
| Jensen Alpha | 0.0082 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0694 |
Reinet Investments SCA Backtested Returns
At this point, Reinet Investments is not too volatile. Reinet Investments SCA maintains Sharpe Ratio (i.e., Efficiency) of 0.0419, which implies the firm had a 0.0419% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Reinet Investments SCA, which you can use to evaluate the volatility of the company. Please check Reinet Investments' Risk Adjusted Performance of 0.0233, semi deviation of 1.87, and Coefficient Of Variation of 4522.13 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Reinet Investments has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.7, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Reinet Investments' returns are expected to increase less than the market. However, during the bear market, the loss of holding Reinet Investments is expected to be smaller as well. Reinet Investments SCA right now holds a risk of 2.65%. Please check Reinet Investments SCA total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Reinet Investments SCA will be following its historical price patterns.
Auto-correlation | 0.26 |
Poor predictability
Reinet Investments SCA has poor predictability. Overlapping area represents the amount of predictability between Reinet Investments time series from 19th of September 2024 to 3rd of November 2024 and 3rd of November 2024 to 18th 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 Reinet Investments SCA price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Reinet Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Reinet Investments SCA lagged returns against current returns
Autocorrelation, which is Reinet Investments 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 Reinet Investments' stock expected returns. We can calculate the autocorrelation of Reinet Investments returns to help us make a trade decision. For example, suppose you find that Reinet Investments 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 |
Reinet Investments 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 Reinet Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reinet Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reinet Investments stock over time.
Current vs Lagged Prices |
| Timeline |
Reinet Investments Lagged Returns
When evaluating Reinet Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reinet Investments stock have on its future price. Reinet Investments 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, Reinet Investments autocorrelation shows the relationship between Reinet Investments stock current value and its past values and can show if there is a momentum factor associated with investing in Reinet Investments SCA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Reinet Stock
Reinet Investments financial ratios help investors to determine whether Reinet 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 Reinet with respect to the benefits of owning Reinet Investments security.