Ricoh (UK) Market Value
| RICO Stock | 1,778 4.00 0.22% |
| Symbol | Ricoh |
Ricoh '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 Ricoh'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 Ricoh.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Ricoh on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Ricoh Co or generate 0.0% return on investment in Ricoh over 30 days. Ricoh is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, MOL Hungarian, Reliance Industries, and Panasonic Corp. Ricoh is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Ricoh 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 Ricoh'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 Ricoh Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.02 | |||
| Information Ratio | 0.1469 | |||
| Maximum Drawdown | 7.74 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 3.81 |
Ricoh Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ricoh's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ricoh's standard deviation. In reality, there are many statistical measures that can use Ricoh historical prices to predict the future Ricoh's volatility.| Risk Adjusted Performance | 0.1381 | |||
| Jensen Alpha | 0.2459 | |||
| Total Risk Alpha | 0.2007 | |||
| Sortino Ratio | 0.1092 | |||
| Treynor Ratio | (1.75) |
Ricoh Backtested Returns
Ricoh appears to be very steady, given 3 months investment horizon. Ricoh maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ricoh, which you can use to evaluate the volatility of the company. Please evaluate Ricoh's Coefficient Of Variation of 594.13, semi deviation of 0.4947, and Risk Adjusted Performance of 0.1381 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ricoh holds a performance score of 12. The company holds a Beta of -0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ricoh are expected to decrease at a much lower rate. During the bear market, Ricoh is likely to outperform the market. Please check Ricoh's coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to make a quick decision on whether Ricoh's historical price patterns will revert.
Auto-correlation | 0.22 |
Weak predictability
Ricoh Co has weak predictability. Overlapping area represents the amount of predictability between Ricoh time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Ricoh price movement. The serial correlation of 0.22 indicates that over 22.0% of current Ricoh price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 107.63 |
Ricoh lagged returns against current returns
Autocorrelation, which is Ricoh 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 Ricoh's stock expected returns. We can calculate the autocorrelation of Ricoh returns to help us make a trade decision. For example, suppose you find that Ricoh 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 |
Ricoh 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 Ricoh stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ricoh stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ricoh stock over time.
Current vs Lagged Prices |
| Timeline |
Ricoh Lagged Returns
When evaluating Ricoh's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ricoh stock have on its future price. Ricoh 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, Ricoh autocorrelation shows the relationship between Ricoh stock current value and its past values and can show if there is a momentum factor associated with investing in Ricoh Co.
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 Ricoh Stock Analysis
When running Ricoh's price analysis, check to measure Ricoh'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 Ricoh is operating at the current time. Most of Ricoh's value examination focuses on studying past and present price action to predict the probability of Ricoh's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ricoh's price. Additionally, you may evaluate how the addition of Ricoh to your portfolios can decrease your overall portfolio volatility.