Rapala VMC (Finland) Market Value
| RAP1V Stock | EUR 2.02 0.03 1.51% |
| Symbol | Rapala |
Rapala VMC '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 Rapala VMC'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 Rapala VMC.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in Rapala VMC on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding Rapala VMC Oyj or generate 0.0% return on investment in Rapala VMC over 390 days. Rapala VMC is related to or competes with Harvia Oyj, Tokmanni Group, Kamux Suomi, Qt Group, and Revenio. Rapala VMC Corporation, together with its subsidiaries, engages in manufacturing, sourcing, and distributing fishing tac... More
Rapala VMC 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 Rapala VMC'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 Rapala VMC Oyj upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 7.74 | |||
| Value At Risk | (3.29) | |||
| Potential Upside | 2.02 |
Rapala VMC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rapala VMC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rapala VMC's standard deviation. In reality, there are many statistical measures that can use Rapala VMC historical prices to predict the future Rapala VMC's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.90) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rapala VMC'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.
Rapala VMC Oyj Backtested Returns
Rapala VMC Oyj maintains Sharpe Ratio (i.e., Efficiency) of -0.19, which implies the firm had a -0.19% return per unit of risk over the last 3 months. Rapala VMC Oyj exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rapala VMC's Coefficient Of Variation of (500.74), variance of 2.85, and Risk Adjusted Performance of (0.15) to confirm the risk estimate we provide. The company holds a Beta of 0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Rapala VMC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rapala VMC is expected to be smaller as well. At this point, Rapala VMC Oyj has a negative expected return of -0.32%. Please make sure to check Rapala VMC's skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Rapala VMC Oyj performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
Rapala VMC Oyj has weak reverse predictability. Overlapping area represents the amount of predictability between Rapala VMC time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 to 22nd 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 Rapala VMC Oyj price movement. The serial correlation of -0.25 indicates that over 25.0% of current Rapala VMC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Rapala VMC Oyj lagged returns against current returns
Autocorrelation, which is Rapala VMC 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 Rapala VMC's stock expected returns. We can calculate the autocorrelation of Rapala VMC returns to help us make a trade decision. For example, suppose you find that Rapala VMC 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 |
Rapala VMC 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 Rapala VMC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rapala VMC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rapala VMC stock over time.
Current vs Lagged Prices |
| Timeline |
Rapala VMC Lagged Returns
When evaluating Rapala VMC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rapala VMC stock have on its future price. Rapala VMC 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, Rapala VMC autocorrelation shows the relationship between Rapala VMC stock current value and its past values and can show if there is a momentum factor associated with investing in Rapala VMC Oyj.
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 Rapala Stock
Rapala VMC financial ratios help investors to determine whether Rapala 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 Rapala with respect to the benefits of owning Rapala VMC security.