Revenga Ingenieros' market value is the price at which a share of Revenga Ingenieros trades on a public exchange. It measures the collective expectations of Revenga Ingenieros SA investors about its performance. Revenga Ingenieros is trading at 1.48 as of the 30th of March 2025, a 2.07% up since the beginning of the trading day. The stock's open price was 1.45.
With this module, you can estimate the performance of a buy and hold strategy of Revenga Ingenieros SA and determine expected loss or profit from investing in Revenga Ingenieros over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Revenga
Revenga Ingenieros '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 Revenga Ingenieros' 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 Revenga Ingenieros.
0.00
02/28/2025
No Change 0.00
0.0
In 31 days
03/30/2025
0.00
If you would invest 0.00 in Revenga Ingenieros on February 28, 2025 and sell it all today you would earn a total of 0.00 from holding Revenga Ingenieros SA or generate 0.0% return on investment in Revenga Ingenieros over 30 days.
Revenga Ingenieros 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 Revenga Ingenieros' 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 Revenga Ingenieros SA upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Revenga Ingenieros' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Revenga Ingenieros' standard deviation. In reality, there are many statistical measures that can use Revenga Ingenieros historical prices to predict the future Revenga Ingenieros' volatility.
Revenga Ingenieros maintains Sharpe Ratio (i.e., Efficiency) of -0.0875, which implies the firm had a -0.0875 % return per unit of risk over the last 3 months. Revenga Ingenieros exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Revenga Ingenieros' Risk Adjusted Performance of (0.13), variance of 7.06, and Coefficient Of Variation of (633.04) to confirm the risk estimate we provide. The company holds a Beta of 0.45, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Revenga Ingenieros' returns are expected to increase less than the market. However, during the bear market, the loss of holding Revenga Ingenieros is expected to be smaller as well. At this point, Revenga Ingenieros has a negative expected return of -0.22%. Please make sure to check Revenga Ingenieros' daily balance of power, as well as the relationship between the day typical price and relative strength index , to decide if Revenga Ingenieros performance from the past will be repeated at some point in the near future.
Auto-correlation
0.11
Insignificant predictability
Revenga Ingenieros SA has insignificant predictability. Overlapping area represents the amount of predictability between Revenga Ingenieros time series from 28th of February 2025 to 15th of March 2025 and 15th of March 2025 to 30th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Revenga Ingenieros price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Revenga Ingenieros price fluctuation can be explain by its past prices.
Correlation Coefficient
0.11
Spearman Rank Test
-0.56
Residual Average
0.0
Price Variance
0.0
Revenga Ingenieros lagged returns against current returns
Autocorrelation, which is Revenga Ingenieros 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 Revenga Ingenieros' stock expected returns. We can calculate the autocorrelation of Revenga Ingenieros returns to help us make a trade decision. For example, suppose you find that Revenga Ingenieros 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
Revenga Ingenieros 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 Revenga Ingenieros stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Revenga Ingenieros stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Revenga Ingenieros stock over time.
Current vs Lagged Prices
Timeline
Revenga Ingenieros Lagged Returns
When evaluating Revenga Ingenieros' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Revenga Ingenieros stock have on its future price. Revenga Ingenieros 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, Revenga Ingenieros autocorrelation shows the relationship between Revenga Ingenieros stock current value and its past values and can show if there is a momentum factor associated with investing in Revenga Ingenieros SA.
Regressed Prices
Timeline
Also Currently Popular
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.