Reworld Media (France) Market Value
| ALREW Stock | EUR 1.53 0.01 0.66% |
| Symbol | Reworld |
Reworld Media '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 Reworld Media'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 Reworld Media.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Reworld Media on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Reworld Media or generate 0.0% return on investment in Reworld Media over 510 days. Reworld Media is related to or competes with Vallourec, Genfit, Innate Pharma, and Etablissements Maurel. Reworld Media Socit Anonyme engages in digital media business in France and internationally More
Reworld Media 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 Reworld Media'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 Reworld Media upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 24.81 | |||
| Value At Risk | (5.08) | |||
| Potential Upside | 4.56 |
Reworld Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reworld Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reworld Media's standard deviation. In reality, there are many statistical measures that can use Reworld Media historical prices to predict the future Reworld Media's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.99) | |||
| Treynor Ratio | (30.62) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Reworld Media'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.
Reworld Media Backtested Returns
Reworld Media maintains Sharpe Ratio (i.e., Efficiency) of -0.18, which implies the firm had a -0.18% return per unit of risk over the last 3 months. Reworld Media exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Reworld Media's Coefficient Of Variation of (821.72), variance of 12.54, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The company holds a Beta of 0.0144, which implies not very significant fluctuations relative to the market. As returns on the market increase, Reworld Media's returns are expected to increase less than the market. However, during the bear market, the loss of holding Reworld Media is expected to be smaller as well. At this point, Reworld Media has a negative expected return of -0.57%. Please make sure to check Reworld Media's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Reworld Media performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.40 |
Average predictability
Reworld Media has average predictability. Overlapping area represents the amount of predictability between Reworld Media time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Reworld Media price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Reworld Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Reworld Media lagged returns against current returns
Autocorrelation, which is Reworld Media 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 Reworld Media's stock expected returns. We can calculate the autocorrelation of Reworld Media returns to help us make a trade decision. For example, suppose you find that Reworld Media 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 |
Reworld Media 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 Reworld Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reworld Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reworld Media stock over time.
Current vs Lagged Prices |
| Timeline |
Reworld Media Lagged Returns
When evaluating Reworld Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reworld Media stock have on its future price. Reworld Media 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, Reworld Media autocorrelation shows the relationship between Reworld Media stock current value and its past values and can show if there is a momentum factor associated with investing in Reworld Media.
Regressed Prices |
| Timeline |
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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.Additional Tools for Reworld Stock Analysis
When running Reworld Media's price analysis, check to measure Reworld Media's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reworld Media is operating at the current time. Most of Reworld Media's value examination focuses on studying past and present price action to predict the probability of Reworld Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reworld Media's price. Additionally, you may evaluate how the addition of Reworld Media to your portfolios can decrease your overall portfolio volatility.