Re Max Holding Stock Market Value
| RMAX Stock | USD 14.04 0.81 6.12% |
| Symbol | RMAX |
Re Max Holding Price To Book Ratio
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Re Max. If investors know RMAX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Re Max listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.727 | Earnings Share (0.52) | Revenue Per Share 16.752 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0418 |
The market value of Re Max Holding is measured differently than its book value, which is the value of RMAX that is recorded on the company's balance sheet. Investors also form their own opinion of Re Max's value that differs from its market value or its book value, called intrinsic value, which is Re Max's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Re Max's market value can be influenced by many factors that don't directly affect Re Max's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Re Max's value and its price as these two are different measures arrived at by different means. Investors typically determine if Re Max is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Re Max's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Re Max '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 Re Max'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 Re Max.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Re Max on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Re Max Holding or generate 0.0% return on investment in Re Max over 30 days. Re Max is related to or competes with Investcorp Credit, Medalist Diversified, Morningstar Unconstrained, Thrivent High, Via Renewables, T Rowe, and Sitka Gold. REMAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canad... More
Re Max 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 Re Max'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 Re Max Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.69 | |||
| Information Ratio | 0.0539 | |||
| Maximum Drawdown | 24.53 | |||
| Value At Risk | (4.18) | |||
| Potential Upside | 5.18 |
Re Max Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Re Max's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Re Max's standard deviation. In reality, there are many statistical measures that can use Re Max historical prices to predict the future Re Max's volatility.| Risk Adjusted Performance | 0.0752 | |||
| Jensen Alpha | 0.1948 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0776 | |||
| Treynor Ratio | 0.295 |
Re Max Holding Backtested Returns
Re Max appears to be not too volatile, given 3 months investment horizon. Re Max Holding retains Efficiency (Sharpe Ratio) of 0.0621, which implies the firm had a 0.0621% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for Re Max, which you can use to evaluate the volatility of the company. Please evaluate Re Max's standard deviation of 3.88, and Market Risk Adjusted Performance of 0.305 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Re Max holds a performance score of 4. The company owns a Beta (Systematic Risk) of 1.12, which implies a somewhat significant risk relative to the market. Re Max returns are very sensitive to returns on the market. As the market goes up or down, Re Max is expected to follow. Please check Re Max's value at risk, and the relationship between the standard deviation and kurtosis , to make a quick decision on whether Re Max's current price history will revert.
Auto-correlation | 0.14 |
Insignificant predictability
Re Max Holding has insignificant predictability. Overlapping area represents the amount of predictability between Re Max time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Re Max Holding price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Re Max price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.83 |
Re Max Holding lagged returns against current returns
Autocorrelation, which is Re Max 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 Re Max's stock expected returns. We can calculate the autocorrelation of Re Max returns to help us make a trade decision. For example, suppose you find that Re Max 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 |
Re Max 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 Re Max stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Re Max stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Re Max stock over time.
Current vs Lagged Prices |
| Timeline |
Re Max Lagged Returns
When evaluating Re Max's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Re Max stock have on its future price. Re Max 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, Re Max autocorrelation shows the relationship between Re Max stock current value and its past values and can show if there is a momentum factor associated with investing in Re Max Holding.
Regressed Prices |
| Timeline |
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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 RMAX Stock Analysis
When running Re Max's price analysis, check to measure Re Max'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 Re Max is operating at the current time. Most of Re Max's value examination focuses on studying past and present price action to predict the probability of Re Max's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Re Max's price. Additionally, you may evaluate how the addition of Re Max to your portfolios can decrease your overall portfolio volatility.