River (UK) Market Value
| RMMC Stock | 177.50 1.00 0.56% |
| Symbol | River |
River '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 River'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 River.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in River on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding River and Mercantile or generate 0.0% return on investment in River over 90 days. River is related to or competes with Batm Advanced, MTI Wireless, Kinnevik Investment, Lowland Investment, Mercantile Investment, Odyssean Investment, and Hochschild Mining. River is entity of United Kingdom. It is traded as Stock on LSE exchange. More
River 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 River'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 River and Mercantile upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.95 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 2.02 |
River Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for River's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as River's standard deviation. In reality, there are many statistical measures that can use River historical prices to predict the future River's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | 3.48 |
River and Mercantile Backtested Returns
River and Mercantile maintains Sharpe Ratio (i.e., Efficiency) of -0.0238, which implies the firm had a -0.0238% return per unit of risk over the last 3 months. River and Mercantile exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check River's Coefficient Of Variation of (2,700), variance of 0.8343, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The company holds a Beta of -0.0126, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning River are expected to decrease at a much lower rate. During the bear market, River is likely to outperform the market. At this point, River and Mercantile has a negative expected return of -0.022%. Please make sure to check River's skewness, accumulation distribution, rate of daily change, as well as the relationship between the kurtosis and daily balance of power , to decide if River and Mercantile performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.67 |
Very good reverse predictability
River and Mercantile has very good reverse predictability. Overlapping area represents the amount of predictability between River time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 River and Mercantile price movement. The serial correlation of -0.67 indicates that around 67.0% of current River price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 7.83 |
River and Mercantile lagged returns against current returns
Autocorrelation, which is River 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 River's stock expected returns. We can calculate the autocorrelation of River returns to help us make a trade decision. For example, suppose you find that River 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 |
River 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 River stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if River stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in River stock over time.
Current vs Lagged Prices |
| Timeline |
River Lagged Returns
When evaluating River's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of River stock have on its future price. River 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, River autocorrelation shows the relationship between River stock current value and its past values and can show if there is a momentum factor associated with investing in River and Mercantile.
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 River Stock Analysis
When running River's price analysis, check to measure River'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 River is operating at the current time. Most of River's value examination focuses on studying past and present price action to predict the probability of River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move River's price. Additionally, you may evaluate how the addition of River to your portfolios can decrease your overall portfolio volatility.