Recruit Holdings (Germany) Market Value
| 1RH Stock | EUR 63.22 1.36 2.20% |
| Symbol | Recruit |
Recruit Holdings '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 Recruit Holdings' 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 Recruit Holdings.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Recruit Holdings on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Recruit Holdings Co or generate 0.0% return on investment in Recruit Holdings over 30 days. Recruit Holdings is related to or competes with NetSol Technologies, NIPPON MEAT, SENECA FOODS, ORMAT TECHNOLOGIES, ACCSYS TECHPLC, and PKSHA TECHNOLOGY. Recruit Holdings Co., Ltd. provides employment information services in Japan and internationally More
Recruit Holdings 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 Recruit Holdings' 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 Recruit Holdings Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.74 | |||
| Information Ratio | 0.132 | |||
| Maximum Drawdown | 33.02 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 4.67 |
Recruit Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Recruit Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Recruit Holdings' standard deviation. In reality, there are many statistical measures that can use Recruit Holdings historical prices to predict the future Recruit Holdings' volatility.| Risk Adjusted Performance | 0.1323 | |||
| Jensen Alpha | 0.5208 | |||
| Total Risk Alpha | 0.0377 | |||
| Sortino Ratio | 0.2016 | |||
| Treynor Ratio | 0.525 |
Recruit Holdings Backtested Returns
Recruit Holdings appears to be very steady, given 3 months investment horizon. Recruit Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Recruit Holdings' technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please evaluate Recruit Holdings' Semi Deviation of 2.13, risk adjusted performance of 0.1323, and Coefficient Of Variation of 617.38 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Recruit Holdings holds a performance score of 12. The company holds a Beta of 1.27, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Recruit Holdings will likely underperform. Please check Recruit Holdings' mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Recruit Holdings' historical price patterns will revert.
Auto-correlation | 0.92 |
Excellent predictability
Recruit Holdings Co has excellent predictability. Overlapping area represents the amount of predictability between Recruit Holdings time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Recruit Holdings price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Recruit Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 5.3 |
Recruit Holdings lagged returns against current returns
Autocorrelation, which is Recruit Holdings 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 Recruit Holdings' stock expected returns. We can calculate the autocorrelation of Recruit Holdings returns to help us make a trade decision. For example, suppose you find that Recruit Holdings 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 |
Recruit Holdings 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 Recruit Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Recruit Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Recruit Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Recruit Holdings Lagged Returns
When evaluating Recruit Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Recruit Holdings stock have on its future price. Recruit Holdings 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, Recruit Holdings autocorrelation shows the relationship between Recruit Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Recruit Holdings Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Recruit Stock
Recruit Holdings financial ratios help investors to determine whether Recruit 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 Recruit with respect to the benefits of owning Recruit Holdings security.