Reckitt Benckiser Group Stock Market Value
| RBGPF Stock | USD 61.00 1.76 2.97% |
| Symbol | Reckitt |
Reckitt Benckiser '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 Reckitt Benckiser's pink sheet 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 Reckitt Benckiser.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Reckitt Benckiser on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Reckitt Benckiser Group or generate 0.0% return on investment in Reckitt Benckiser over 30 days. Reckitt Benckiser is related to or competes with Church Dwight, Kimberly Clark, L’Oreal Co, Shiseido, Unilever PLC, Estee Lauder, and LOréal SA. Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products in the United Kingdom, the Un... More
Reckitt Benckiser 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 Reckitt Benckiser's pink sheet 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 Reckitt Benckiser Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 14.81 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 4.72 |
Reckitt Benckiser Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reckitt Benckiser's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reckitt Benckiser's standard deviation. In reality, there are many statistical measures that can use Reckitt Benckiser historical prices to predict the future Reckitt Benckiser's volatility.| Risk Adjusted Performance | 0.0392 | |||
| Jensen Alpha | 0.0886 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.8523 |
Reckitt Benckiser Backtested Returns
At this point, Reckitt Benckiser is very steady. Reckitt Benckiser maintains Sharpe Ratio (i.e., Efficiency) of 0.0382, which implies the firm had a 0.0382% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Reckitt Benckiser, which you can use to evaluate the volatility of the company. Please check Reckitt Benckiser's Risk Adjusted Performance of 0.0392, coefficient of variation of 2396.85, and Semi Deviation of 1.99 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. Reckitt Benckiser has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, Reckitt Benckiser's returns are expected to increase less than the market. However, during the bear market, the loss of holding Reckitt Benckiser is expected to be smaller as well. Reckitt Benckiser right now holds a risk of 2.74%. Please check Reckitt Benckiser information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to decide if Reckitt Benckiser will be following its historical price patterns.
Auto-correlation | 0.01 |
Virtually no predictability
Reckitt Benckiser Group has virtually no predictability. Overlapping area represents the amount of predictability between Reckitt Benckiser time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Reckitt Benckiser price movement. The serial correlation of 0.01 indicates that just 1.0% of current Reckitt Benckiser price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.87 |
Reckitt Benckiser lagged returns against current returns
Autocorrelation, which is Reckitt Benckiser pink sheet'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 Reckitt Benckiser's pink sheet expected returns. We can calculate the autocorrelation of Reckitt Benckiser returns to help us make a trade decision. For example, suppose you find that Reckitt Benckiser has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
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Reckitt Benckiser 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 Reckitt Benckiser pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reckitt Benckiser pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reckitt Benckiser pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Reckitt Benckiser Lagged Returns
When evaluating Reckitt Benckiser's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reckitt Benckiser pink sheet have on its future price. Reckitt Benckiser 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, Reckitt Benckiser autocorrelation shows the relationship between Reckitt Benckiser pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Reckitt Benckiser Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Reckitt Pink Sheet
Reckitt Benckiser financial ratios help investors to determine whether Reckitt Pink Sheet 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 Reckitt with respect to the benefits of owning Reckitt Benckiser security.