Real Consulting (Greece) Market Value
| REALCONS | 3.21 0.03 0.93% |
| Symbol | Real |
Real Consulting '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 Real Consulting'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 Real Consulting.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Real Consulting on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Real Consulting IT or generate 0.0% return on investment in Real Consulting over 30 days. Real Consulting is related to or competes with Interlife General, Bank of Greece, As Commercial, Logismos Information, Hellenic Telecommunicatio, Profile Systems, and CPI Computer. More
Real Consulting 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 Real Consulting'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 Real Consulting IT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 9.19 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 4.08 |
Real Consulting Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Real Consulting's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Real Consulting's standard deviation. In reality, there are many statistical measures that can use Real Consulting historical prices to predict the future Real Consulting's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.9633 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Real Consulting's 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.
Real Consulting IT Backtested Returns
Real Consulting IT maintains Sharpe Ratio (i.e., Efficiency) of -0.0721, which implies the firm had a -0.0721% return per unit of risk over the last 3 months. Real Consulting IT exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Real Consulting's Variance of 3.95, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,596) to confirm the risk estimate we provide. The company holds a Beta of -0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Real Consulting are expected to decrease at a much lower rate. During the bear market, Real Consulting is likely to outperform the market. At this point, Real Consulting IT has a negative expected return of -0.14%. Please make sure to check Real Consulting's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Real Consulting IT performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Real Consulting IT has insignificant reverse predictability. Overlapping area represents the amount of predictability between Real Consulting time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Real Consulting IT price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Real Consulting price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Real Consulting IT lagged returns against current returns
Autocorrelation, which is Real Consulting 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 Real Consulting's stock expected returns. We can calculate the autocorrelation of Real Consulting returns to help us make a trade decision. For example, suppose you find that Real Consulting 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 |
Real Consulting 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 Real Consulting stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Real Consulting stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Real Consulting stock over time.
Current vs Lagged Prices |
| Timeline |
Real Consulting Lagged Returns
When evaluating Real Consulting's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Real Consulting stock have on its future price. Real Consulting 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, Real Consulting autocorrelation shows the relationship between Real Consulting stock current value and its past values and can show if there is a momentum factor associated with investing in Real Consulting IT.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Real Stock
Real Consulting financial ratios help investors to determine whether Real 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 Real with respect to the benefits of owning Real Consulting security.