Revolugroup Canada Stock Market Value

Symbol

RevoluGROUP

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 RevoluGROUP Canada'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 RevoluGROUP Canada.

RevoluGROUP Canada Upside/Downside Indicators

RevoluGROUP Canada Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for RevoluGROUP Canada's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RevoluGROUP Canada's standard deviation. In reality, there are many statistical measures that can use RevoluGROUP Canada historical prices to predict the future RevoluGROUP Canada's volatility.

Autocorrelation, which is RevoluGROUP Canada 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 RevoluGROUP Canada's stock expected returns. We can calculate the autocorrelation of RevoluGROUP Canada returns to help us make a trade decision. For example, suppose you find that RevoluGROUP Canada 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If RevoluGROUP Canada stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RevoluGROUP Canada stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RevoluGROUP Canada stock over time.

When evaluating RevoluGROUP Canada's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RevoluGROUP Canada stock have on its future price. RevoluGROUP Canada 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, RevoluGROUP Canada autocorrelation shows the relationship between RevoluGROUP Canada stock current value and its past values and can show if there is a momentum factor associated with investing in RevoluGROUP Canada.

When running RevoluGROUP Canada's price analysis, check to measure RevoluGROUP Canada'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 RevoluGROUP Canada is operating at the current time. Most of RevoluGROUP Canada's value examination focuses on studying past and present price action to predict the probability of RevoluGROUP Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RevoluGROUP Canada's price. Additionally, you may evaluate how the addition of RevoluGROUP Canada to your portfolios can decrease your overall portfolio volatility.