Rubis SCA (France) Market Value
| RUI Stock | EUR 22.72 0.06 0.26% |
| Symbol | Rubis |
Rubis SCA '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 Rubis SCA'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 Rubis SCA.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Rubis SCA on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Rubis SCA or generate 0.0% return on investment in Rubis SCA over 360 days. Rubis SCA is related to or competes with Gaztransport Technigaz, Nexity, SCOR SE, and TotalEnergies. Rubis, through its subsidiaries, engages in the operation of bulk liquid storage facilities and distribution of petroleu... More
Rubis SCA 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 Rubis SCA'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 Rubis SCA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 13.86 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 3.28 |
Rubis SCA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rubis SCA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rubis SCA's standard deviation. In reality, there are many statistical measures that can use Rubis SCA historical prices to predict the future Rubis SCA's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.63) |
Rubis SCA Backtested Returns
Rubis SCA 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. Rubis SCA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rubis SCA's Variance of 5.99, risk adjusted performance of (0.09), and Coefficient Of Variation of (820.59) to confirm the risk estimate we provide. The company holds a Beta of 0.49, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Rubis SCA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rubis SCA is expected to be smaller as well. At this point, Rubis SCA has a negative expected return of -0.29%. Please make sure to check Rubis SCA's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Rubis SCA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.83 |
Excellent reverse predictability
Rubis SCA has excellent reverse predictability. Overlapping area represents the amount of predictability between Rubis SCA time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Rubis SCA price movement. The serial correlation of -0.83 indicates that around 83.0% of current Rubis SCA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 4.89 |
Rubis SCA lagged returns against current returns
Autocorrelation, which is Rubis SCA 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 Rubis SCA's stock expected returns. We can calculate the autocorrelation of Rubis SCA returns to help us make a trade decision. For example, suppose you find that Rubis SCA 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 |
Rubis SCA 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 Rubis SCA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rubis SCA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rubis SCA stock over time.
Current vs Lagged Prices |
| Timeline |
Rubis SCA Lagged Returns
When evaluating Rubis SCA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rubis SCA stock have on its future price. Rubis SCA 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, Rubis SCA autocorrelation shows the relationship between Rubis SCA stock current value and its past values and can show if there is a momentum factor associated with investing in Rubis SCA.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Rubis Stock
Rubis SCA financial ratios help investors to determine whether Rubis 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 Rubis with respect to the benefits of owning Rubis SCA security.