Remarul 16 (Romania) Market Value
| REFE Stock | 27.20 0.00 0.00% |
| Symbol | Remarul |
Please note, there is a significant difference between Remarul 16's value and its price as these two are different measures arrived at by different means. Investors typically determine if Remarul 16 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Remarul 16's 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.
Remarul 16 '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 Remarul 16'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 Remarul 16.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Remarul 16 on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Remarul 16 Februarie or generate 0.0% return on investment in Remarul 16 over 720 days. More
Remarul 16 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 Remarul 16'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 Remarul 16 Februarie upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.58) | |||
| Maximum Drawdown | 2.21 |
Remarul 16 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Remarul 16's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Remarul 16's standard deviation. In reality, there are many statistical measures that can use Remarul 16 historical prices to predict the future Remarul 16's volatility.| Risk Adjusted Performance | 0.0152 | |||
| Jensen Alpha | 0.0021 | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.24) |
Remarul 16 Februarie Backtested Returns
As of now, Remarul Stock is very steady. Remarul 16 Februarie maintains Sharpe Ratio (i.e., Efficiency) of 0.0561, which implies the firm had a 0.0561% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Remarul 16 Februarie, which you can use to evaluate the volatility of the company. Please check Remarul 16's Variance of 0.0418, coefficient of variation of 1796.11, and Risk Adjusted Performance of 0.0152 to confirm if the risk estimate we provide is consistent with the expected return of 0.0116%. Remarul 16 has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of -0.0059, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Remarul 16 are expected to decrease at a much lower rate. During the bear market, Remarul 16 is likely to outperform the market. Remarul 16 Februarie right now holds a risk of 0.21%. Please check Remarul 16 Februarie skewness, rate of daily change, and the relationship between the maximum drawdown and kurtosis , to decide if Remarul 16 Februarie will be following its historical price patterns.
Auto-correlation | -0.55 |
Good reverse predictability
Remarul 16 Februarie has good reverse predictability. Overlapping area represents the amount of predictability between Remarul 16 time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 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 Remarul 16 Februarie price movement. The serial correlation of -0.55 indicates that about 55.0% of current Remarul 16 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 8.97 |
Remarul 16 Februarie lagged returns against current returns
Autocorrelation, which is Remarul 16 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 Remarul 16's stock expected returns. We can calculate the autocorrelation of Remarul 16 returns to help us make a trade decision. For example, suppose you find that Remarul 16 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 |
Remarul 16 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 Remarul 16 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Remarul 16 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Remarul 16 stock over time.
Current vs Lagged Prices |
| Timeline |
Remarul 16 Lagged Returns
When evaluating Remarul 16's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Remarul 16 stock have on its future price. Remarul 16 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, Remarul 16 autocorrelation shows the relationship between Remarul 16 stock current value and its past values and can show if there is a momentum factor associated with investing in Remarul 16 Februarie.
Regressed Prices |
| Timeline |
Pair Trading with Remarul 16
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Remarul 16 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Remarul 16 will appreciate offsetting losses from the drop in the long position's value.Moving against Remarul Stock
| 0.62 | UZC | Uzuc SA | PairCorr |
| 0.59 | CMVX | Comvex SA | PairCorr |
| 0.38 | IARV | IAR SA | PairCorr |
| 0.37 | ELGS | Electroarges S | PairCorr |
The ability to find closely correlated positions to Remarul 16 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Remarul 16 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Remarul 16 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Remarul 16 Februarie to buy it.
The correlation of Remarul 16 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Remarul 16 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Remarul 16 Februarie moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Remarul 16 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Remarul Stock
Remarul 16 financial ratios help investors to determine whether Remarul 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 Remarul with respect to the benefits of owning Remarul 16 security.