ROBERTET (Germany) Market Value
| 0R7 Stock | EUR 857.00 11.00 1.30% |
| Symbol | ROBERTET |
ROBERTET '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 ROBERTET'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 ROBERTET.
| 12/31/2022 |
| 12/20/2024 |
If you would invest 0.00 in ROBERTET on December 31, 2022 and sell it all today you would earn a total of 0.00 from holding ROBERTET SA INH or generate 0.0% return on investment in ROBERTET over 720 days. ROBERTET is related to or competes with Datalogic SpA, INFORMATION SVC, COLUMBIA SPORTSWEAR, G III, Columbia Sportswear, DICKER DATA, and Fidelity National. Robertet SA produces and sells perfumes, aromas, and natural products worldwide More
ROBERTET 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 ROBERTET'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 ROBERTET SA INH upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 6.26 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 1.48 |
ROBERTET Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ROBERTET's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ROBERTET's standard deviation. In reality, there are many statistical measures that can use ROBERTET historical prices to predict the future ROBERTET's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 2.95 |
ROBERTET SA INH Backtested Returns
ROBERTET SA INH retains Efficiency (Sharpe Ratio) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. ROBERTET exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ROBERTET's coefficient of variation of (753.03), and Market Risk Adjusted Performance of 2.96 to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.0575, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ROBERTET are expected to decrease at a much lower rate. During the bear market, ROBERTET is likely to outperform the market. At this point, ROBERTET SA INH has a negative expected return of -0.15%. Please make sure to check ROBERTET's coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if ROBERTET SA INH performance from the past will be repeated at future time.
Auto-correlation | -0.63 |
Very good reverse predictability
ROBERTET SA INH has very good reverse predictability. Overlapping area represents the amount of predictability between ROBERTET time series from 31st of December 2022 to 26th of December 2023 and 26th of December 2023 to 20th 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 ROBERTET SA INH price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current ROBERTET price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 3024.42 |
ROBERTET SA INH lagged returns against current returns
Autocorrelation, which is ROBERTET 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 ROBERTET's stock expected returns. We can calculate the autocorrelation of ROBERTET returns to help us make a trade decision. For example, suppose you find that ROBERTET 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 |
ROBERTET 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 ROBERTET stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ROBERTET stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ROBERTET stock over time.
Current vs Lagged Prices |
| Timeline |
ROBERTET Lagged Returns
When evaluating ROBERTET's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ROBERTET stock have on its future price. ROBERTET 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, ROBERTET autocorrelation shows the relationship between ROBERTET stock current value and its past values and can show if there is a momentum factor associated with investing in ROBERTET SA INH.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ROBERTET Stock
ROBERTET financial ratios help investors to determine whether ROBERTET 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 ROBERTET with respect to the benefits of owning ROBERTET security.