Residential Secure (UK) Market Value
| RESI Stock | 58.60 0.20 0.34% |
| Symbol | Residential |
Residential Secure '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 Residential Secure'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 Residential Secure.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Residential Secure on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Residential Secure Income or generate 0.0% return on investment in Residential Secure over 360 days. Residential Secure is related to or competes with Monster Beverage, Jupiter Fund, Coor Service, Playtech Plc, Liontrust Asset, Ross Stores, and Virgin Wines. Residential Secure is entity of United Kingdom More
Residential Secure 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 Residential Secure'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 Residential Secure Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.9 | |||
| Information Ratio | 0.0026 | |||
| Maximum Drawdown | 10.05 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 2.46 |
Residential Secure Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Residential Secure's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Residential Secure's standard deviation. In reality, there are many statistical measures that can use Residential Secure historical prices to predict the future Residential Secure's volatility.| Risk Adjusted Performance | 0.0611 | |||
| Jensen Alpha | 0.1218 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0026 | |||
| Treynor Ratio | 3.87 |
Residential Secure Income Backtested Returns
Currently, Residential Secure Income is very steady. Residential Secure Income maintains Sharpe Ratio (i.e., Efficiency) of 0.064, which implies the firm had a 0.064% return per unit of risk over the last 3 months. We have found thirty technical indicators for Residential Secure Income, which you can use to evaluate the volatility of the company. Please check Residential Secure's Risk Adjusted Performance of 0.0611, semi deviation of 1.65, and Coefficient Of Variation of 1389.38 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Residential Secure has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of 0.0325, which implies not very significant fluctuations relative to the market. As returns on the market increase, Residential Secure's returns are expected to increase less than the market. However, during the bear market, the loss of holding Residential Secure is expected to be smaller as well. Residential Secure Income right now holds a risk of 1.88%. Please check Residential Secure Income sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Residential Secure Income will be following its historical price patterns.
Auto-correlation | -0.66 |
Very good reverse predictability
Residential Secure Income has very good reverse predictability. Overlapping area represents the amount of predictability between Residential Secure time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 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 Residential Secure Income price movement. The serial correlation of -0.66 indicates that around 66.0% of current Residential Secure price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 23.42 |
Residential Secure Income lagged returns against current returns
Autocorrelation, which is Residential Secure 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 Residential Secure's stock expected returns. We can calculate the autocorrelation of Residential Secure returns to help us make a trade decision. For example, suppose you find that Residential Secure 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 |
Residential Secure 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 Residential Secure stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Residential Secure stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Residential Secure stock over time.
Current vs Lagged Prices |
| Timeline |
Residential Secure Lagged Returns
When evaluating Residential Secure's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Residential Secure stock have on its future price. Residential Secure 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, Residential Secure autocorrelation shows the relationship between Residential Secure stock current value and its past values and can show if there is a momentum factor associated with investing in Residential Secure Income.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Residential Stock Analysis
When running Residential Secure's price analysis, check to measure Residential Secure'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 Residential Secure is operating at the current time. Most of Residential Secure's value examination focuses on studying past and present price action to predict the probability of Residential Secure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Residential Secure's price. Additionally, you may evaluate how the addition of Residential Secure to your portfolios can decrease your overall portfolio volatility.