Rizal Commercial (Philippines) Market Value
| RCB Stock | 23.15 1.25 5.12% |
| Symbol | Rizal |
Rizal Commercial '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 Rizal Commercial'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 Rizal Commercial.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Rizal Commercial on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Rizal Commercial Banking or generate 0.0% return on investment in Rizal Commercial over 720 days. Rizal Commercial is related to or competes with Allhome Corp, Jollibee Foods, and Monde Nissin. More
Rizal Commercial 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 Rizal Commercial'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 Rizal Commercial Banking upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.0235 | |||
| Maximum Drawdown | 12.03 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 4.99 |
Rizal Commercial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rizal Commercial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rizal Commercial's standard deviation. In reality, there are many statistical measures that can use Rizal Commercial historical prices to predict the future Rizal Commercial's volatility.| Risk Adjusted Performance | 0.0666 | |||
| Jensen Alpha | 0.1499 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0259 | |||
| Treynor Ratio | 0.8597 |
Rizal Commercial Banking Backtested Returns
At this point, Rizal Commercial is not too volatile. Rizal Commercial Banking maintains Sharpe Ratio (i.e., Efficiency) of 0.0609, which implies the firm had a 0.0609% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Rizal Commercial Banking, which you can use to evaluate the volatility of the company. Please check Rizal Commercial's Risk Adjusted Performance of 0.0666, coefficient of variation of 1276.53, and Semi Deviation of 1.75 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Rizal Commercial has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rizal Commercial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rizal Commercial is expected to be smaller as well. Rizal Commercial Banking right now holds a risk of 2.44%. Please check Rizal Commercial Banking skewness, and the relationship between the downside variance and daily balance of power , to decide if Rizal Commercial Banking will be following its historical price patterns.
Auto-correlation | 0.22 |
Weak predictability
Rizal Commercial Banking has weak predictability. Overlapping area represents the amount of predictability between Rizal Commercial time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Rizal Commercial Banking price movement. The serial correlation of 0.22 indicates that over 22.0% of current Rizal Commercial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 3.48 |
Rizal Commercial Banking lagged returns against current returns
Autocorrelation, which is Rizal Commercial 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 Rizal Commercial's stock expected returns. We can calculate the autocorrelation of Rizal Commercial returns to help us make a trade decision. For example, suppose you find that Rizal Commercial 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 |
Rizal Commercial 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 Rizal Commercial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rizal Commercial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rizal Commercial stock over time.
Current vs Lagged Prices |
| Timeline |
Rizal Commercial Lagged Returns
When evaluating Rizal Commercial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rizal Commercial stock have on its future price. Rizal Commercial 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, Rizal Commercial autocorrelation shows the relationship between Rizal Commercial stock current value and its past values and can show if there is a momentum factor associated with investing in Rizal Commercial Banking.
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 Rizal Stock
Rizal Commercial financial ratios help investors to determine whether Rizal 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 Rizal with respect to the benefits of owning Rizal Commercial security.