Republic Services (Germany) Market Value
| RPU Stock | EUR 208.30 1.40 0.68% |
| Symbol | Republic |
Republic Services '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 Republic Services' 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 Republic Services.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Republic Services on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Republic Services or generate 0.0% return on investment in Republic Services over 30 days. Republic Services is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, dispos... More
Republic Services 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 Republic Services' 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 Republic Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.0374 | |||
| Maximum Drawdown | 6.54 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 1.76 |
Republic Services Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Republic Services' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Republic Services' standard deviation. In reality, there are many statistical measures that can use Republic Services historical prices to predict the future Republic Services' volatility.| Risk Adjusted Performance | 0.1087 | |||
| Jensen Alpha | 0.1901 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0415 | |||
| Treynor Ratio | (0.85) |
Republic Services Backtested Returns
At this point, Republic Services is very steady. Republic Services maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Republic Services, which you can use to evaluate the volatility of the company. Please check Republic Services' Coefficient Of Variation of 730.24, risk adjusted performance of 0.1087, and Semi Deviation of 0.9449 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Republic Services has a performance score of 10 on a scale of 0 to 100. The company holds a Beta of -0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Republic Services are expected to decrease at a much lower rate. During the bear market, Republic Services is likely to outperform the market. Republic Services right now holds a risk of 1.3%. Please check Republic Services sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Republic Services will be following its historical price patterns.
Auto-correlation | 0.78 |
Good predictability
Republic Services has good predictability. Overlapping area represents the amount of predictability between Republic Services time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Republic Services price movement. The serial correlation of 0.78 indicates that around 78.0% of current Republic Services price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 10.49 |
Republic Services lagged returns against current returns
Autocorrelation, which is Republic Services 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 Republic Services' stock expected returns. We can calculate the autocorrelation of Republic Services returns to help us make a trade decision. For example, suppose you find that Republic Services 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 |
Republic Services 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 Republic Services stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Republic Services stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Republic Services stock over time.
Current vs Lagged Prices |
| Timeline |
Republic Services Lagged Returns
When evaluating Republic Services' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Republic Services stock have on its future price. Republic Services 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, Republic Services autocorrelation shows the relationship between Republic Services stock current value and its past values and can show if there is a momentum factor associated with investing in Republic Services.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Republic Stock
When determining whether Republic Services is a strong investment it is important to analyze Republic Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Republic Services' future performance. For an informed investment choice regarding Republic Stock, refer to the following important reports:Check out Republic Services Correlation, Republic Services Volatility and Republic Services Alpha and Beta module to complement your research on Republic Services. For more detail on how to invest in Republic Stock please use our How to Invest in Republic Services guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Republic Services technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.