Reko International Group Stock Market Value
| REKO Stock | CAD 3.70 0.00 0.00% |
| Symbol | Reko |
Reko International Price To Book Ratio
Reko International '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 Reko International'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 Reko International.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in Reko International on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding Reko International Group or generate 0.0% return on investment in Reko International over 570 days. Reko International is related to or competes with Thermal Energy, Titan Logix, Caldwell Partners, Legend Power, Next Hydrogen, IBC Advanced, and Avante Logixx. Reko International Group Inc. designs and manufactures various engineered products and services for original equipment m... More
Reko International 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 Reko International'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 Reko International Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0203 | |||
| Maximum Drawdown | 25.09 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 2.67 |
Reko International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reko International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reko International's standard deviation. In reality, there are many statistical measures that can use Reko International historical prices to predict the future Reko International's volatility.| Risk Adjusted Performance | 0.0371 | |||
| Jensen Alpha | 0.1227 | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 1.99 |
Reko International Backtested Returns
Reko International appears to be relatively risky, given 3 months investment horizon. Reko International maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12 % return per unit of risk over the last 3 months. We have found nineteen technical indicators for Reko International, which you can use to evaluate the volatility of the company. Please evaluate Reko International's Coefficient Of Variation of 2392.19, risk adjusted performance of 0.0371, and Variance of 10.67 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Reko International holds a performance score of 9. The company holds a Beta of 0.0637, which implies not very significant fluctuations relative to the market. As returns on the market increase, Reko International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Reko International is expected to be smaller as well. Please check Reko International's information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and value at risk , to make a quick decision on whether Reko International's historical price patterns will revert.
Auto-correlation | -0.43 |
Modest reverse predictability
Reko International Group has modest reverse predictability. Overlapping area represents the amount of predictability between Reko International time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st of December 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 Reko International price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Reko International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Reko International lagged returns against current returns
Autocorrelation, which is Reko International 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 Reko International's stock expected returns. We can calculate the autocorrelation of Reko International returns to help us make a trade decision. For example, suppose you find that Reko International 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 |
Reko International 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 Reko International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reko International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reko International stock over time.
Current vs Lagged Prices |
| Timeline |
Reko International Lagged Returns
When evaluating Reko International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reko International stock have on its future price. Reko International 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, Reko International autocorrelation shows the relationship between Reko International stock current value and its past values and can show if there is a momentum factor associated with investing in Reko International Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Reko Stock Analysis
When running Reko International's price analysis, check to measure Reko International'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 Reko International is operating at the current time. Most of Reko International's value examination focuses on studying past and present price action to predict the probability of Reko International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reko International's price. Additionally, you may evaluate how the addition of Reko International to your portfolios can decrease your overall portfolio volatility.