Reece (Australia) Market Value
| REH Stock | 17.25 0.04 0.23% |
| Symbol | Reece |
Reece '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 Reece'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 Reece.
| 11/01/2024 |
| 03/01/2025 |
If you would invest 0.00 in Reece on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Reece or generate 0.0% return on investment in Reece over 120 days. Reece is related to or competes with Hotel Property, Alternative Investment, Retail Food, and REGAL ASIAN. Reece is entity of Australia. It is traded as Stock on AU exchange. More
Reece 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 Reece'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 Reece upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 16.55 | |||
| Value At Risk | (3.46) | |||
| Potential Upside | 2.02 |
Reece Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reece's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reece's standard deviation. In reality, there are many statistical measures that can use Reece historical prices to predict the future Reece's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.87) |
Reece Backtested Returns
Reece maintains Sharpe Ratio (i.e., Efficiency) of -0.27, which implies the firm had a -0.27 % return per unit of risk over the last 3 months. Reece exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Reece's Risk Adjusted Performance of (0.17), coefficient of variation of (418.19), and Variance of 5.02 to confirm the risk estimate we provide. The company holds a Beta of 0.63, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Reece's returns are expected to increase less than the market. However, during the bear market, the loss of holding Reece is expected to be smaller as well. At this point, Reece has a negative expected return of -0.62%. Please make sure to check Reece's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Reece performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.59 |
Modest predictability
Reece has modest predictability. Overlapping area represents the amount of predictability between Reece time series from 1st of November 2024 to 31st of December 2024 and 31st of December 2024 to 1st of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Reece price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Reece price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 2.41 |
Reece lagged returns against current returns
Autocorrelation, which is Reece 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 Reece's stock expected returns. We can calculate the autocorrelation of Reece returns to help us make a trade decision. For example, suppose you find that Reece 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 |
Reece 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 Reece stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reece stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reece stock over time.
Current vs Lagged Prices |
| Timeline |
Reece Lagged Returns
When evaluating Reece's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reece stock have on its future price. Reece 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, Reece autocorrelation shows the relationship between Reece stock current value and its past values and can show if there is a momentum factor associated with investing in Reece.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Reece Stock Analysis
When running Reece's price analysis, check to measure Reece'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 Reece is operating at the current time. Most of Reece's value examination focuses on studying past and present price action to predict the probability of Reece's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reece's price. Additionally, you may evaluate how the addition of Reece to your portfolios can decrease your overall portfolio volatility.