Rea (Australia) Market Value
| REA Stock | 248.37 1.13 0.46% |
| Symbol | Rea |
Rea '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 Rea'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 Rea.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Rea on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Rea Group or generate 0.0% return on investment in Rea over 30 days. Rea is related to or competes with Infomedia, and COAST ENTERTAINMENT. Rea is entity of Australia. It is traded as Stock on AU exchange. More
Rea 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 Rea'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 Rea Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.0583 | |||
| Maximum Drawdown | 7.19 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 2.37 |
Rea Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rea's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rea's standard deviation. In reality, there are many statistical measures that can use Rea historical prices to predict the future Rea's volatility.| Risk Adjusted Performance | 0.1142 | |||
| Jensen Alpha | 0.2119 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0574 | |||
| Treynor Ratio | (50.33) |
Rea Group Backtested Returns
Rea appears to be very steady, given 3 months investment horizon. Rea Group maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rea Group, which you can use to evaluate the volatility of the company. Please evaluate Rea's Coefficient Of Variation of 702.52, risk adjusted performance of 0.1142, and Semi Deviation of 1.35 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Rea holds a performance score of 10. The company holds a Beta of -0.0042, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Rea are expected to decrease at a much lower rate. During the bear market, Rea is likely to outperform the market. Please check Rea's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Rea's historical price patterns will revert.
Auto-correlation | 0.21 |
Weak predictability
Rea Group has weak predictability. Overlapping area represents the amount of predictability between Rea 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 Rea Group price movement. The serial correlation of 0.21 indicates that over 21.0% of current Rea price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 9.69 |
Rea Group lagged returns against current returns
Autocorrelation, which is Rea 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 Rea's stock expected returns. We can calculate the autocorrelation of Rea returns to help us make a trade decision. For example, suppose you find that Rea 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 |
Rea 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 Rea stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rea stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rea stock over time.
Current vs Lagged Prices |
| Timeline |
Rea Lagged Returns
When evaluating Rea's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rea stock have on its future price. Rea 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, Rea autocorrelation shows the relationship between Rea stock current value and its past values and can show if there is a momentum factor associated with investing in Rea Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Rea Stock Analysis
When running Rea's price analysis, check to measure Rea's 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 Rea is operating at the current time. Most of Rea's value examination focuses on studying past and present price action to predict the probability of Rea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rea's price. Additionally, you may evaluate how the addition of Rea to your portfolios can decrease your overall portfolio volatility.