Rectitude Holdings Ltd Stock Market Value
| RECT Stock | 3.70 0.15 4.23% |
| Symbol | Rectitude |
Rectitude Holdings Price To Book Ratio
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rectitude Holdings. If investors know Rectitude will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rectitude Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Earnings Share 0.18 | Revenue Per Share 3.308 | Quarterly Revenue Growth 0.09 | Return On Assets 0.0827 |
The market value of Rectitude Holdings is measured differently than its book value, which is the value of Rectitude that is recorded on the company's balance sheet. Investors also form their own opinion of Rectitude Holdings' value that differs from its market value or its book value, called intrinsic value, which is Rectitude Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rectitude Holdings' market value can be influenced by many factors that don't directly affect Rectitude Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rectitude Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rectitude Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rectitude Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Rectitude 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 Rectitude Holdings' 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 Rectitude Holdings.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Rectitude Holdings on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Rectitude Holdings Ltd or generate 0.0% return on investment in Rectitude Holdings over 510 days. Rectitude Holdings is related to or competes with Triton International, Broadstone Net, Tyson Foods, Vestis, and National Beverage. Rectitude Holdings is entity of United States More
Rectitude 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 Rectitude Holdings' 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 Rectitude Holdings Ltd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.35 | |||
| Information Ratio | 0.0373 | |||
| Maximum Drawdown | 16.2 | |||
| Value At Risk | (5.25) | |||
| Potential Upside | 5.86 |
Rectitude Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rectitude Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rectitude Holdings' standard deviation. In reality, there are many statistical measures that can use Rectitude Holdings historical prices to predict the future Rectitude Holdings' volatility.| Risk Adjusted Performance | 0.0678 | |||
| Jensen Alpha | 0.1227 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0343 | |||
| Treynor Ratio | 0.2496 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rectitude 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.
Rectitude Holdings Backtested Returns
Rectitude Holdings appears to be unstable, given 3 months investment horizon. Rectitude Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0928, which implies the firm had a 0.0928% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Rectitude Holdings, which you can use to evaluate the volatility of the company. Please evaluate Rectitude Holdings' Semi Deviation of 2.75, coefficient of variation of 1267.56, and Risk Adjusted Performance of 0.0678 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Rectitude Holdings holds a performance score of 7. The company holds a Beta of 0.94, which implies possible diversification benefits within a given portfolio. Rectitude Holdings returns are very sensitive to returns on the market. As the market goes up or down, Rectitude Holdings is expected to follow. Please check Rectitude Holdings' value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Rectitude Holdings' historical price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Rectitude Holdings Ltd has no correlation between past and present. Overlapping area represents the amount of predictability between Rectitude Holdings time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Rectitude Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current Rectitude Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Rectitude Holdings lagged returns against current returns
Autocorrelation, which is Rectitude Holdings 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 Rectitude Holdings' stock expected returns. We can calculate the autocorrelation of Rectitude Holdings returns to help us make a trade decision. For example, suppose you find that Rectitude Holdings 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 |
Rectitude 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 Rectitude Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rectitude Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rectitude Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Rectitude Holdings Lagged Returns
When evaluating Rectitude Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rectitude Holdings stock have on its future price. Rectitude 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, Rectitude Holdings autocorrelation shows the relationship between Rectitude Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Rectitude Holdings Ltd.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Rectitude Stock Analysis
When running Rectitude Holdings' price analysis, check to measure Rectitude 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 Rectitude Holdings is operating at the current time. Most of Rectitude Holdings' value examination focuses on studying past and present price action to predict the probability of Rectitude Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rectitude Holdings' price. Additionally, you may evaluate how the addition of Rectitude Holdings to your portfolios can decrease your overall portfolio volatility.