RENTOKIL INITIAL (Germany) Market Value
| RTO Stock | EUR 23.80 0.80 3.25% |
| Symbol | RENTOKIL |
RENTOKIL INITIAL '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 RENTOKIL INITIAL'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 RENTOKIL INITIAL.
| 10/23/2024 |
| 12/22/2024 |
If you would invest 0.00 in RENTOKIL INITIAL on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding RENTOKIL INITIAL ADR5 or generate 0.0% return on investment in RENTOKIL INITIAL over 60 days. RENTOKIL INITIAL is related to or competes with Cintas, INPOST SA, Elis SA, PARK24, PARK24 SPONS, and RELO GROUP. Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom... More
RENTOKIL INITIAL 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 RENTOKIL INITIAL'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 RENTOKIL INITIAL ADR5 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.92 | |||
| Information Ratio | 0.0477 | |||
| Maximum Drawdown | 17.98 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 6.36 |
RENTOKIL INITIAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RENTOKIL INITIAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RENTOKIL INITIAL's standard deviation. In reality, there are many statistical measures that can use RENTOKIL INITIAL historical prices to predict the future RENTOKIL INITIAL's volatility.| Risk Adjusted Performance | 0.0534 | |||
| Jensen Alpha | 0.1593 | |||
| Total Risk Alpha | 0.083 | |||
| Sortino Ratio | 0.0504 | |||
| Treynor Ratio | 0.3671 |
RENTOKIL INITIAL ADR5 Backtested Returns
RENTOKIL INITIAL appears to be not too volatile, given 3 months investment horizon. RENTOKIL INITIAL ADR5 maintains Sharpe Ratio (i.e., Efficiency) of 0.0673, which implies the firm had a 0.0673% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for RENTOKIL INITIAL ADR5, which you can use to evaluate the volatility of the company. Please evaluate RENTOKIL INITIAL's Semi Deviation of 2.54, market risk adjusted performance of 0.3771, and Risk Adjusted Performance of 0.0534 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, RENTOKIL INITIAL holds a performance score of 5. The company holds a Beta of 0.46, which implies possible diversification benefits within a given portfolio. As returns on the market increase, RENTOKIL INITIAL's returns are expected to increase less than the market. However, during the bear market, the loss of holding RENTOKIL INITIAL is expected to be smaller as well. Please check RENTOKIL INITIAL's potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to make a quick decision on whether RENTOKIL INITIAL's historical price patterns will revert.
Auto-correlation | 0.43 |
Average predictability
RENTOKIL INITIAL ADR5 has average predictability. Overlapping area represents the amount of predictability between RENTOKIL INITIAL time series from 23rd of October 2024 to 22nd of November 2024 and 22nd of November 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 RENTOKIL INITIAL ADR5 price movement. The serial correlation of 0.43 indicates that just about 43.0% of current RENTOKIL INITIAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
RENTOKIL INITIAL ADR5 lagged returns against current returns
Autocorrelation, which is RENTOKIL INITIAL 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 RENTOKIL INITIAL's stock expected returns. We can calculate the autocorrelation of RENTOKIL INITIAL returns to help us make a trade decision. For example, suppose you find that RENTOKIL INITIAL 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 |
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RENTOKIL INITIAL 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 RENTOKIL INITIAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RENTOKIL INITIAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RENTOKIL INITIAL stock over time.
Current vs Lagged Prices |
| Timeline |
RENTOKIL INITIAL Lagged Returns
When evaluating RENTOKIL INITIAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RENTOKIL INITIAL stock have on its future price. RENTOKIL INITIAL 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, RENTOKIL INITIAL autocorrelation shows the relationship between RENTOKIL INITIAL stock current value and its past values and can show if there is a momentum factor associated with investing in RENTOKIL INITIAL ADR5.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in RENTOKIL Stock
RENTOKIL INITIAL financial ratios help investors to determine whether RENTOKIL 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 RENTOKIL with respect to the benefits of owning RENTOKIL INITIAL security.