R Systems (India) Market Value
| RSYSTEMS | 470.00 5.40 1.16% |
| Symbol | RSYSTEMS |
R Systems '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 R Systems' 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 R Systems.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in R Systems on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding R Systems International or generate 0.0% return on investment in R Systems over 30 days. R Systems is related to or competes with Manaksia Steels, Oriental Hotels, Steelcast, SAL Steel, Taj GVK, and Blue Coast. R Systems is entity of India. It is traded as Stock on NSE exchange. More
R Systems 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 R Systems' 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 R Systems International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 13.0 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 5.3 |
R Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for R Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as R Systems' standard deviation. In reality, there are many statistical measures that can use R Systems historical prices to predict the future R Systems' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of R Systems' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
R Systems International Backtested Returns
R Systems International maintains Sharpe Ratio (i.e., Efficiency) of -0.0036, which implies the company had a -0.0036% return per unit of standard deviation over the last 3 months. R Systems International exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check R Systems' Market Risk Adjusted Performance of (0.12), variance of 5.76, and Mean Deviation of 1.68 to confirm the risk estimate we provide. The firm holds a Beta of 0.31, which implies possible diversification benefits within a given portfolio. As returns on the market increase, R Systems' returns are expected to increase less than the market. However, during the bear market, the loss of holding R Systems is expected to be smaller as well. At this point, R Systems International has a negative expected return of -0.0087%. Please make sure to check R Systems' maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if R Systems International performance from the past will be repeated at some future date.
Auto-correlation | -0.68 |
Very good reverse predictability
R Systems International has very good reverse predictability. Overlapping area represents the amount of predictability between R Systems time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 R Systems International price movement. The serial correlation of -0.68 indicates that around 68.0% of current R Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 44.97 |
R Systems International lagged returns against current returns
Autocorrelation, which is R Systems 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 R Systems' stock expected returns. We can calculate the autocorrelation of R Systems returns to help us make a trade decision. For example, suppose you find that R Systems 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 |
R Systems 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 R Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if R Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in R Systems stock over time.
Current vs Lagged Prices |
| Timeline |
R Systems Lagged Returns
When evaluating R Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of R Systems stock have on its future price. R Systems 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, R Systems autocorrelation shows the relationship between R Systems stock current value and its past values and can show if there is a momentum factor associated with investing in R Systems International.
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.Other Information on Investing in RSYSTEMS Stock
R Systems financial ratios help investors to determine whether RSYSTEMS 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 RSYSTEMS with respect to the benefits of owning R Systems security.