Rocket Internet (Germany) Market Value
| RKET Stock | EUR 14.40 0.10 0.69% |
| Symbol | Rocket |
Rocket Internet '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 Rocket Internet'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 Rocket Internet.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Rocket Internet on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Rocket Internet SE or generate 0.0% return on investment in Rocket Internet over 30 days. More
Rocket Internet 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 Rocket Internet'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 Rocket Internet SE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 6.24 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 2.78 |
Rocket Internet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rocket Internet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rocket Internet's standard deviation. In reality, there are many statistical measures that can use Rocket Internet historical prices to predict the future Rocket Internet's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (1.20) |
Rocket Internet SE Backtested Returns
Rocket Internet SE maintains Sharpe Ratio (i.e., Efficiency) of -0.0199, which implies the firm had a -0.0199% return per unit of risk over the last 3 months. Rocket Internet SE exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rocket Internet's Risk Adjusted Performance of (0.02), variance of 1.85, and Coefficient Of Variation of (3,191) to confirm the risk estimate we provide. The company holds a Beta of 0.044, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rocket Internet's returns are expected to increase less than the market. However, during the bear market, the loss of holding Rocket Internet is expected to be smaller as well. At this point, Rocket Internet SE has a negative expected return of -0.0244%. Please make sure to check Rocket Internet's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Rocket Internet SE performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.09 |
Very weak reverse predictability
Rocket Internet SE has very weak reverse predictability. Overlapping area represents the amount of predictability between Rocket Internet time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Rocket Internet SE price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Rocket Internet price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Rocket Internet SE lagged returns against current returns
Autocorrelation, which is Rocket Internet 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 Rocket Internet's stock expected returns. We can calculate the autocorrelation of Rocket Internet returns to help us make a trade decision. For example, suppose you find that Rocket Internet 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 |
Rocket Internet 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 Rocket Internet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rocket Internet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rocket Internet stock over time.
Current vs Lagged Prices |
| Timeline |
Rocket Internet Lagged Returns
When evaluating Rocket Internet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rocket Internet stock have on its future price. Rocket Internet 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, Rocket Internet autocorrelation shows the relationship between Rocket Internet stock current value and its past values and can show if there is a momentum factor associated with investing in Rocket Internet SE.
Regressed Prices |
| Timeline |
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Rocket Internet financial ratios help investors to determine whether Rocket 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 Rocket with respect to the benefits of owning Rocket Internet security.