Rmy Cointreau (Germany) Market Value
| RMC Stock | EUR 58.15 0.00 0.00% |
| Symbol | Rmy |
Rmy 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 Rmy Cointreau'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 Rmy Cointreau.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Rmy Cointreau on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Rmy Cointreau SA or generate 0.0% return on investment in Rmy Cointreau over 30 days. Rmy Cointreau is related to or competes with Constellation Brands, Brown Forman, Thai Beverage, BECLE SAB, Treasury Wine, and Hawesko Holding. Rmy Cointreau SA, together with its subsidiaries, produces and distributes liqueurs and spirits More
Rmy 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 Rmy Cointreau'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 Rmy Cointreau SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.2 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 3.8 |
Rmy Cointreau Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rmy Cointreau's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rmy Cointreau's standard deviation. In reality, there are many statistical measures that can use Rmy Cointreau historical prices to predict the future Rmy Cointreau's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (5.24) |
Rmy Cointreau SA Backtested Returns
Rmy Cointreau SA maintains Sharpe Ratio (i.e., Efficiency) of -0.0883, which implies the firm had a -0.0883% return per unit of risk over the last 3 months. Rmy Cointreau SA exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rmy Cointreau's Risk Adjusted Performance of (0.01), variance of 5.17, and Coefficient Of Variation of (3,841) to confirm the risk estimate we provide. The company holds a Beta of 0.0132, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rmy Cointreau's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rmy Cointreau is expected to be smaller as well. At this point, Rmy Cointreau SA has a negative expected return of -0.2%. Please make sure to check Rmy Cointreau's standard deviation, information ratio, and the relationship between the coefficient of variation and variance , to decide if Rmy Cointreau SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.39 |
Poor reverse predictability
Rmy Cointreau SA has poor reverse predictability. Overlapping area represents the amount of predictability between Rmy Cointreau time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Rmy Cointreau SA price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Rmy Cointreau price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 5.45 |
Rmy Cointreau SA lagged returns against current returns
Autocorrelation, which is Rmy Cointreau 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 Rmy Cointreau's stock expected returns. We can calculate the autocorrelation of Rmy Cointreau returns to help us make a trade decision. For example, suppose you find that Rmy Cointreau 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 |
Rmy 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 Rmy Cointreau stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rmy Cointreau stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rmy Cointreau stock over time.
Current vs Lagged Prices |
| Timeline |
Rmy Cointreau Lagged Returns
When evaluating Rmy Cointreau's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rmy Cointreau stock have on its future price. Rmy 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, Rmy Cointreau autocorrelation shows the relationship between Rmy Cointreau stock current value and its past values and can show if there is a momentum factor associated with investing in Rmy Cointreau SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Rmy Stock
Rmy Cointreau financial ratios help investors to determine whether Rmy 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 Rmy with respect to the benefits of owning Rmy Cointreau security.