Recruit Holdings Co Stock Market Value
| RCRRF Stock | USD 76.60 1.25 1.61% |
| 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' 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 Recruit Holdings.
| 12/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Recruit Holdings on December 19, 2023 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 360 days. Recruit Holdings is related to or competes with Randstad Holdings, TechnoPro Holdings, GEE, Kforce, Heidrick Struggles, ManpowerGroup, and Korn Ferry. Recruit Holdings Co., Ltd. provides HR technology and business solutions in Japan, the United States, and internationall... 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' 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 Recruit Holdings Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.4 | |||
| Information Ratio | 0.0691 | |||
| Maximum Drawdown | 20.39 | |||
| Value At Risk | (6.61) | |||
| Potential Upside | 9.32 |
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 | 0.0762 | |||
| Jensen Alpha | 0.3455 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0725 | |||
| Treynor Ratio | 0.5672 |
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 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. By analyzing Recruit Holdings' technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please evaluate Recruit Holdings' Semi Deviation of 3.32, coefficient of variation of 1071.2, and Risk Adjusted Performance of 0.0762 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 8. The company holds a Beta of 0.74, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Recruit Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Recruit Holdings is expected to be smaller as well. Please check Recruit Holdings' value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Recruit Holdings' historical price patterns will revert.
Auto-correlation | 0.62 |
Good predictability
Recruit Holdings Co has good predictability. Overlapping area represents the amount of predictability between Recruit Holdings time series from 19th of December 2023 to 16th of June 2024 and 16th of June 2024 to 13th of December 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 0.62 indicates that roughly 62.0% of current Recruit Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 33.12 |
Recruit Holdings lagged returns against current returns
Autocorrelation, which is Recruit Holdings 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 Recruit Holdings' pink sheet 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 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 |
| 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Recruit Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Recruit Holdings pink sheet 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 pink sheet 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 pink sheet 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 Pink Sheet
Recruit Holdings financial ratios help investors to determine whether Recruit 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 Recruit with respect to the benefits of owning Recruit Holdings security.