Revoil SA (Greece) Market Value
| REVOIL Stock | EUR 1.57 0.03 1.95% |
| Symbol | Revoil |
Revoil SA '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 Revoil SA'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 Revoil SA.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Revoil SA on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Revoil SA or generate 0.0% return on investment in Revoil SA over 30 days. Revoil SA is related to or competes with As Commercial, Karelia Tobacco, Sidma SA, General Commercial, Aegean Airlines, CPI Computer, and Logismos Information. Revoil S.A. engages in the marketing of petroleum products for use in cars, homes, vessels, and boats More
Revoil SA 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 Revoil SA'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 Revoil SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 9.88 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 2.81 |
Revoil SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Revoil SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Revoil SA's standard deviation. In reality, there are many statistical measures that can use Revoil SA historical prices to predict the future Revoil SA's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (3.58) |
Revoil SA Backtested Returns
Revoil SA maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Revoil SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Revoil SA's Variance of 3.42, risk adjusted performance of (0.10), and Coefficient Of Variation of (723.54) to confirm the risk estimate we provide. The company holds a Beta of 0.0742, which implies not very significant fluctuations relative to the market. As returns on the market increase, Revoil SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Revoil SA is expected to be smaller as well. At this point, Revoil SA has a negative expected return of -0.28%. Please make sure to check Revoil SA's potential upside, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to decide if Revoil SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.53 |
Good reverse predictability
Revoil SA has good reverse predictability. Overlapping area represents the amount of predictability between Revoil SA time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Revoil SA price movement. The serial correlation of -0.53 indicates that about 53.0% of current Revoil SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Revoil SA lagged returns against current returns
Autocorrelation, which is Revoil SA 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 Revoil SA's stock expected returns. We can calculate the autocorrelation of Revoil SA returns to help us make a trade decision. For example, suppose you find that Revoil SA 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 |
Revoil SA 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 Revoil SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Revoil SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Revoil SA stock over time.
Current vs Lagged Prices |
| Timeline |
Revoil SA Lagged Returns
When evaluating Revoil SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Revoil SA stock have on its future price. Revoil SA 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, Revoil SA autocorrelation shows the relationship between Revoil SA stock current value and its past values and can show if there is a momentum factor associated with investing in Revoil SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Revoil Stock
Revoil SA financial ratios help investors to determine whether Revoil 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 Revoil with respect to the benefits of owning Revoil SA security.