Realfiction Holding (Sweden) Market Value
| REALFI Stock | SEK 14.68 1.92 11.57% |
| Symbol | Realfiction |
Realfiction Holding '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 Realfiction Holding'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 Realfiction Holding.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Realfiction Holding on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Realfiction Holding AB or generate 0.0% return on investment in Realfiction Holding over 30 days. Realfiction Holding is related to or competes with Sivers IMA, AAC Clyde, Kancera AB, and Bambuser. Realfiction Holding AB manufactures and sells mixed reality solutions for retail, education, events, and brand activatio... More
Realfiction Holding 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 Realfiction Holding'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 Realfiction Holding AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 35.03 | |||
| Value At Risk | (4.70) | |||
| Potential Upside | 7.58 |
Realfiction Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Realfiction Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Realfiction Holding's standard deviation. In reality, there are many statistical measures that can use Realfiction Holding historical prices to predict the future Realfiction Holding's volatility.| Risk Adjusted Performance | 0.0038 | |||
| Jensen Alpha | 0.0142 | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | 0.0879 |
Realfiction Holding Backtested Returns
Realfiction Holding maintains Sharpe Ratio (i.e., Efficiency) of -0.0995, which implies the firm had a -0.0995% return per unit of risk over the last 3 months. Realfiction Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Realfiction Holding's Risk Adjusted Performance of 0.0038, variance of 22.17, and Coefficient Of Variation of (16,571) to confirm the risk estimate we provide. The company holds a Beta of -0.44, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Realfiction Holding are expected to decrease at a much lower rate. During the bear market, Realfiction Holding is likely to outperform the market. At this point, Realfiction Holding has a negative expected return of -0.36%. Please make sure to check Realfiction Holding's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Realfiction Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.4 |
Poor reverse predictability
Realfiction Holding AB has poor reverse predictability. Overlapping area represents the amount of predictability between Realfiction Holding time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 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 Realfiction Holding price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Realfiction Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Realfiction Holding lagged returns against current returns
Autocorrelation, which is Realfiction Holding 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 Realfiction Holding's stock expected returns. We can calculate the autocorrelation of Realfiction Holding returns to help us make a trade decision. For example, suppose you find that Realfiction Holding 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 |
Realfiction Holding 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 Realfiction Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Realfiction Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Realfiction Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Realfiction Holding Lagged Returns
When evaluating Realfiction Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Realfiction Holding stock have on its future price. Realfiction Holding 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, Realfiction Holding autocorrelation shows the relationship between Realfiction Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Realfiction Holding AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Realfiction Stock
Realfiction Holding financial ratios help investors to determine whether Realfiction 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 Realfiction with respect to the benefits of owning Realfiction Holding security.