Rush Factory (Finland) Market Value
| RUSH Stock | EUR 0.66 0.00 0.00% |
| Symbol | Rush |
Rush Factory '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 Rush Factory'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 Rush Factory.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Rush Factory on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Rush Factory Oyj or generate 0.0% return on investment in Rush Factory over 720 days. Rush Factory is related to or competes with Heeros Oyj, Nexstim Oyj, Titanium Oyj, Vincit Group, and Solteq PLC. Rush Factory Oyj, an event organizer, develops and implements sports and experience event tours in Europe More
Rush Factory 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 Rush Factory'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 Rush Factory Oyj upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.8 | |||
| Information Ratio | 0.1326 | |||
| Maximum Drawdown | 65.07 | |||
| Value At Risk | (11.90) | |||
| Potential Upside | 27.27 |
Rush Factory Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rush Factory's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rush Factory's standard deviation. In reality, there are many statistical measures that can use Rush Factory historical prices to predict the future Rush Factory's volatility.| Risk Adjusted Performance | 0.1199 | |||
| Jensen Alpha | 1.28 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.1179 | |||
| Treynor Ratio | 0.5928 |
Rush Factory Oyj Backtested Returns
Rush Factory is out of control given 3 months investment horizon. Rush Factory Oyj maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.83% are justified by taking the suggested risk. Use Rush Factory Risk Adjusted Performance of 0.1199, coefficient of variation of 691.08, and Semi Deviation of 7.02 to evaluate company specific risk that cannot be diversified away. Rush Factory holds a performance score of 12 on a scale of zero to a hundred. The company holds a Beta of 2.76, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Rush Factory will likely underperform. Use Rush Factory sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to analyze future returns on Rush Factory.
Auto-correlation | 0.34 |
Below average predictability
Rush Factory Oyj has below average predictability. Overlapping area represents the amount of predictability between Rush Factory time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Rush Factory Oyj price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Rush Factory price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Rush Factory Oyj lagged returns against current returns
Autocorrelation, which is Rush Factory 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 Rush Factory's stock expected returns. We can calculate the autocorrelation of Rush Factory returns to help us make a trade decision. For example, suppose you find that Rush Factory 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 |
Rush Factory 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 Rush Factory stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rush Factory stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rush Factory stock over time.
Current vs Lagged Prices |
| Timeline |
Rush Factory Lagged Returns
When evaluating Rush Factory's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rush Factory stock have on its future price. Rush Factory 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, Rush Factory autocorrelation shows the relationship between Rush Factory stock current value and its past values and can show if there is a momentum factor associated with investing in Rush Factory Oyj.
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 Rush Stock
Rush Factory financial ratios help investors to determine whether Rush 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 Rush with respect to the benefits of owning Rush Factory security.