Ryman Healthcare (Germany) Market Value
| RH7 Stock | EUR 2.28 0.08 3.39% |
| Symbol | Ryman |
Ryman Healthcare '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 Ryman Healthcare'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 Ryman Healthcare.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Ryman Healthcare on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Ryman Healthcare Limited or generate 0.0% return on investment in Ryman Healthcare over 30 days. Ryman Healthcare is related to or competes with Korian, Sienna Senior, and Orpea SA. Ryman Healthcare Limited develops, owns, and operates integrated retirement villages, rest homes, and hospitals for the ... More
Ryman Healthcare 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 Ryman Healthcare'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 Ryman Healthcare Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 11.0 | |||
| Value At Risk | (5.36) | |||
| Potential Upside | 3.38 |
Ryman Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ryman Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ryman Healthcare's standard deviation. In reality, there are many statistical measures that can use Ryman Healthcare historical prices to predict the future Ryman Healthcare's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | (0.87) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ryman Healthcare's 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.
Ryman Healthcare Backtested Returns
Ryman Healthcare maintains Sharpe Ratio (i.e., Efficiency) of -0.23, which implies the firm had a -0.23% return per unit of risk over the last 3 months. Ryman Healthcare exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ryman Healthcare's Coefficient Of Variation of (596.91), risk adjusted performance of (0.1), and Variance of 7.29 to confirm the risk estimate we provide. The company holds a Beta of 0.53, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Ryman Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ryman Healthcare is expected to be smaller as well. Ryman Healthcare has an expected return of -0.59%. Please make sure to check Ryman Healthcare treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Ryman Healthcare performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.09 |
Very weak reverse predictability
Ryman Healthcare Limited has very weak reverse predictability. Overlapping area represents the amount of predictability between Ryman Healthcare time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Ryman Healthcare price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Ryman Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Ryman Healthcare lagged returns against current returns
Autocorrelation, which is Ryman Healthcare 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 Ryman Healthcare's stock expected returns. We can calculate the autocorrelation of Ryman Healthcare returns to help us make a trade decision. For example, suppose you find that Ryman Healthcare 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 |
Ryman Healthcare 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 Ryman Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ryman Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ryman Healthcare stock over time.
Current vs Lagged Prices |
| Timeline |
Ryman Healthcare Lagged Returns
When evaluating Ryman Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ryman Healthcare stock have on its future price. Ryman Healthcare 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, Ryman Healthcare autocorrelation shows the relationship between Ryman Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in Ryman Healthcare Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Ryman Healthcare Correlation, Ryman Healthcare Volatility and Ryman Healthcare Alpha and Beta module to complement your research on Ryman Healthcare. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Ryman Stock analysis
When running Ryman Healthcare's price analysis, check to measure Ryman Healthcare'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 Ryman Healthcare is operating at the current time. Most of Ryman Healthcare's value examination focuses on studying past and present price action to predict the probability of Ryman Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ryman Healthcare's price. Additionally, you may evaluate how the addition of Ryman Healthcare to your portfolios can decrease your overall portfolio volatility.
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Ryman Healthcare 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.