Rightmove Plc Stock Market Value
| RTMVF Stock | USD 8.11 0.00 0.00% |
| Symbol | Rightmove |
Rightmove Plc '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 Rightmove Plc'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 Rightmove Plc.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Rightmove Plc on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Rightmove plc or generate 0.0% return on investment in Rightmove Plc over 30 days. Rightmove Plc is related to or competes with Dominos Pizza, Stepan, BJs Restaurants, Cannae Holdings, and NL Industries. Rightmove plc, together with its subsidiaries, operates property portals in the United Kingdom and internationally More
Rightmove Plc 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 Rightmove Plc'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 Rightmove plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 10.34 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 1.84 |
Rightmove Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rightmove Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rightmove Plc's standard deviation. In reality, there are many statistical measures that can use Rightmove Plc historical prices to predict the future Rightmove Plc's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 1.54 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rightmove Plc'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.
Rightmove plc Backtested Returns
Rightmove plc 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. Rightmove plc exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rightmove Plc's Variance of 2.59, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,115) to confirm the risk estimate we provide. The company holds a Beta of -0.1, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rightmove Plc are expected to decrease at a much lower rate. During the bear market, Rightmove Plc is likely to outperform the market. At this point, Rightmove plc has a negative expected return of -0.2%. Please make sure to check Rightmove Plc's standard deviation, value at risk, as well as the relationship between the Value At Risk and day median price , to decide if Rightmove plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Rightmove plc has no correlation between past and present. Overlapping area represents the amount of predictability between Rightmove Plc time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Rightmove plc price movement. The serial correlation of 0.0 indicates that just 0.0% of current Rightmove Plc 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 |
Rightmove plc lagged returns against current returns
Autocorrelation, which is Rightmove Plc 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 Rightmove Plc's pink sheet expected returns. We can calculate the autocorrelation of Rightmove Plc returns to help us make a trade decision. For example, suppose you find that Rightmove Plc 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 |
Rightmove Plc 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 Rightmove Plc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rightmove Plc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rightmove Plc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Rightmove Plc Lagged Returns
When evaluating Rightmove Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rightmove Plc pink sheet have on its future price. Rightmove Plc 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, Rightmove Plc autocorrelation shows the relationship between Rightmove Plc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Rightmove plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Rightmove Pink Sheet
Rightmove Plc financial ratios help investors to determine whether Rightmove Pink Sheet 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 Rightmove with respect to the benefits of owning Rightmove Plc security.