Revitus Property (Zimbabwe) Market Value
| REV Stock | 93.20 0.00 0.00% |
| Symbol | Revitus |
Revitus Property '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 Revitus Property'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 Revitus Property.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in Revitus Property on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding Revitus Property Opportunities or generate 0.0% return on investment in Revitus Property over 720 days.
Revitus Property 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 Revitus Property'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 Revitus Property Opportunities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.85 | |||
| Information Ratio | 0.0358 | |||
| Maximum Drawdown | 29.12 | |||
| Value At Risk | (4.56) | |||
| Potential Upside | 3.26 |
Revitus Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Revitus Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Revitus Property's standard deviation. In reality, there are many statistical measures that can use Revitus Property historical prices to predict the future Revitus Property's volatility.| Risk Adjusted Performance | 0.049 | |||
| Jensen Alpha | 0.1699 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0148 | |||
| Treynor Ratio | (0.68) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Revitus Property'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.
Revitus Property Opp Backtested Returns
Revitus Property appears to be very steady, given 3 months investment horizon. Revitus Property Opp maintains Sharpe Ratio (i.e., Efficiency) of 0.0899, which implies the firm had a 0.0899% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Revitus Property Opp, which you can use to evaluate the volatility of the company. Please evaluate Revitus Property's Risk Adjusted Performance of 0.049, semi deviation of 2.31, and Coefficient Of Variation of 1916.22 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Revitus Property holds a performance score of 7. The company holds a Beta of -0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Revitus Property are expected to decrease at a much lower rate. During the bear market, Revitus Property is likely to outperform the market. Please check Revitus Property's treynor ratio, semi variance, as well as the relationship between the Semi Variance and day median price , to make a quick decision on whether Revitus Property's historical price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Revitus Property Opportunities has no correlation between past and present. Overlapping area represents the amount of predictability between Revitus Property time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 Revitus Property Opp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Revitus Property 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 |
Revitus Property Opp lagged returns against current returns
Autocorrelation, which is Revitus Property 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 Revitus Property's stock expected returns. We can calculate the autocorrelation of Revitus Property returns to help us make a trade decision. For example, suppose you find that Revitus Property 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 |
Revitus Property 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 Revitus Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Revitus Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Revitus Property stock over time.
Current vs Lagged Prices |
| Timeline |
Revitus Property Lagged Returns
When evaluating Revitus Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Revitus Property stock have on its future price. Revitus Property 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, Revitus Property autocorrelation shows the relationship between Revitus Property stock current value and its past values and can show if there is a momentum factor associated with investing in Revitus Property Opportunities.
Regressed Prices |
| Timeline |
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