Remy Cointreau Sa Stock Market Value
| REMYY Stock | USD 6.21 0.13 2.14% |
| Symbol | Remy |
Remy Cointreau '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 Remy Cointreau's pink sheet 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 Remy Cointreau.
| 05/13/2023 |
| 12/03/2024 |
If you would invest 0.00 in Remy Cointreau on May 13, 2023 and sell it all today you would earn a total of 0.00 from holding Remy Cointreau SA or generate 0.0% return on investment in Remy Cointreau over 570 days. Remy Cointreau is related to or competes with Diageo PLC, Pernod Ricard, Treasury Wine, MGP Ingredients, Brown Forman, Willamette Valley, and Duckhorn Portfolio. Rmy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spir... More
Remy Cointreau 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 Remy Cointreau's pink sheet 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 Remy Cointreau SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 14.08 | |||
| Value At Risk | (3.68) | |||
| Potential Upside | 4.14 |
Remy Cointreau Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Remy Cointreau's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Remy Cointreau's standard deviation. In reality, there are many statistical measures that can use Remy Cointreau historical prices to predict the future Remy Cointreau's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (1.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Remy Cointreau's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Remy Cointreau SA Backtested Returns
Remy Cointreau SA maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Remy Cointreau SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Remy Cointreau's Risk Adjusted Performance of (0.11), variance of 5.9, and Coefficient Of Variation of (648.43) to confirm the risk estimate we provide. The company holds a Beta of 0.31, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Remy Cointreau's returns are expected to increase less than the market. However, during the bear market, the loss of holding Remy Cointreau is expected to be smaller as well. At this point, Remy Cointreau SA has a negative expected return of -0.29%. Please make sure to check Remy Cointreau's kurtosis, and the relationship between the value at risk and rate of daily change , to decide if Remy Cointreau SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.93 |
Excellent predictability
Remy Cointreau SA has excellent predictability. Overlapping area represents the amount of predictability between Remy Cointreau time series from 13th of May 2023 to 22nd of February 2024 and 22nd of February 2024 to 3rd 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 Remy Cointreau SA price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Remy Cointreau price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 1.86 |
Remy Cointreau SA lagged returns against current returns
Autocorrelation, which is Remy Cointreau pink sheet'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 Remy Cointreau's pink sheet expected returns. We can calculate the autocorrelation of Remy Cointreau returns to help us make a trade decision. For example, suppose you find that Remy Cointreau has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Remy Cointreau 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 Remy Cointreau pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Remy Cointreau pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Remy Cointreau pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Remy Cointreau Lagged Returns
When evaluating Remy Cointreau's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Remy Cointreau pink sheet have on its future price. Remy Cointreau 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, Remy Cointreau autocorrelation shows the relationship between Remy Cointreau pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Remy Cointreau SA.
Regressed Prices |
| Timeline |
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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 Tools for Remy Pink Sheet Analysis
When running Remy Cointreau's price analysis, check to measure Remy Cointreau's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Remy Cointreau is operating at the current time. Most of Remy Cointreau's value examination focuses on studying past and present price action to predict the probability of Remy Cointreau's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Remy Cointreau's price. Additionally, you may evaluate how the addition of Remy Cointreau to your portfolios can decrease your overall portfolio volatility.