Recruit Holdings Co Stock Market Value
| RCRUY Stock | USD 12.37 0.36 2.83% |
| 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.
| 08/25/2024 |
| 11/23/2024 |
If you would invest 0.00 in Recruit Holdings on August 25, 2024 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 90 days. Recruit Holdings is related to or competes with Kelly Services, Ziprecruiter, Robert Half, Upwork, Caldwell Partners, Adecco, and Randstad Holdings. 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 | 2.57 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 13.63 | |||
| Value At Risk | (3.64) | |||
| Potential Upside | 3.7 |
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 | 0.0363 | |||
| Jensen Alpha | 0.1445 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Recruit Holdings' 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.
Recruit Holdings Backtested Returns
At this stage we consider Recruit Pink Sheet to be not too volatile. Recruit Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0279, which implies the firm had a 0.0279% return per unit of risk over the last 3 months. We have found thirty technical indicators for Recruit Holdings, which you can use to evaluate the volatility of the company. Please check Recruit Holdings' Semi Deviation of 2.43, coefficient of variation of 2614.75, and Risk Adjusted Performance of 0.0363 to confirm if the risk estimate we provide is consistent with the expected return of 0.0708%. Recruit Holdings has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of -0.48, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Recruit Holdings are expected to decrease at a much lower rate. During the bear market, Recruit Holdings is likely to outperform the market. Recruit Holdings right now holds a risk of 2.54%. Please check Recruit Holdings maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Recruit Holdings will be following its historical price patterns.
Auto-correlation | -0.41 |
Modest reverse predictability
Recruit Holdings Co has modest reverse predictability. Overlapping area represents the amount of predictability between Recruit Holdings time series from 25th of August 2024 to 9th of October 2024 and 9th of October 2024 to 23rd 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 Recruit Holdings price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Recruit Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
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 |
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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 Recruit Pink Sheet Analysis
When running Recruit Holdings' price analysis, check to measure Recruit Holdings' 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 Recruit Holdings is operating at the current time. Most of Recruit Holdings' value examination focuses on studying past and present price action to predict the probability of Recruit Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Recruit Holdings' price. Additionally, you may evaluate how the addition of Recruit Holdings to your portfolios can decrease your overall portfolio volatility.