Ranplan (Sweden) Market Value
| RPLAN Stock | SEK 1.45 0.00 0.00% |
| Symbol | Ranplan |
Ranplan '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 Ranplan'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 Ranplan.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Ranplan on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Ranplan Group or generate 0.0% return on investment in Ranplan over 30 days. Ranplan is related to or competes with JonDeTech Sensors. Ranplan Group AB, a software company, develops a suite of software tools for outdoorindoor wireless network planning, de... More
Ranplan 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 Ranplan'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 Ranplan Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 5.56 |
Ranplan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ranplan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ranplan's standard deviation. In reality, there are many statistical measures that can use Ranplan historical prices to predict the future Ranplan's volatility.| Risk Adjusted Performance | 0.0374 | |||
| Jensen Alpha | 0.0313 | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.37) |
Ranplan Group Backtested Returns
Currently, Ranplan Group is slightly risky. Ranplan Group maintains Sharpe Ratio (i.e., Efficiency) of 0.0515, which implies the firm had a 0.0515% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Ranplan Group, which you can use to evaluate the volatility of the company. Please check Ranplan's Risk Adjusted Performance of 0.0374, variance of 0.4467, and Coefficient Of Variation of 1972.87 to confirm if the risk estimate we provide is consistent with the expected return of 0.0349%. Ranplan has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of -0.0647, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ranplan are expected to decrease at a much lower rate. During the bear market, Ranplan is likely to outperform the market. Ranplan Group right now holds a risk of 0.68%. Please check Ranplan Group treynor ratio and rate of daily change , to decide if Ranplan Group will be following its historical price patterns.
Auto-correlation | 1.00 |
Perfect predictability
Ranplan Group has perfect predictability. Overlapping area represents the amount of predictability between Ranplan 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 Ranplan Group price movement. The serial correlation of 1.0 indicates that 100.0% of current Ranplan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ranplan Group lagged returns against current returns
Autocorrelation, which is Ranplan 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 Ranplan's stock expected returns. We can calculate the autocorrelation of Ranplan returns to help us make a trade decision. For example, suppose you find that Ranplan 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 |
Ranplan 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 Ranplan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ranplan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ranplan stock over time.
Current vs Lagged Prices |
| Timeline |
Ranplan Lagged Returns
When evaluating Ranplan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ranplan stock have on its future price. Ranplan 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, Ranplan autocorrelation shows the relationship between Ranplan stock current value and its past values and can show if there is a momentum factor associated with investing in Ranplan Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Ranplan Stock Analysis
When running Ranplan's price analysis, check to measure Ranplan'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 Ranplan is operating at the current time. Most of Ranplan's value examination focuses on studying past and present price action to predict the probability of Ranplan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ranplan's price. Additionally, you may evaluate how the addition of Ranplan to your portfolios can decrease your overall portfolio volatility.