Remgro Limited Stock Market Value
RMGOF Stock | USD 8.03 0.00 0.00% |
Symbol | Remgro |
Remgro '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 Remgro's pink sheet 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 Remgro.
04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Remgro on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Remgro Limited or generate 0.0% return on investment in Remgro over 90 days. Remgro is related to or competes with Pacific Century, IOOF Holdings, Schroders PLC, Peugeot Invest, Westaim, Westwood Holdings, and Noah Holdings. The firm prefers to invest in financial services, food, liquor and home care, banking, insurance, industrial, healthcare... More
Remgro 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 Remgro's pink sheet 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 Remgro Limited upside and downside potential and time the market with a certain degree of confidence.
Remgro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Remgro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Remgro's standard deviation. In reality, there are many statistical measures that can use Remgro historical prices to predict the future Remgro's volatility.Remgro Limited Backtested Returns
We have found three technical indicators for Remgro Limited, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Remgro are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Remgro Limited has perfect predictability. Overlapping area represents the amount of predictability between Remgro time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 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 Remgro Limited price movement. The serial correlation of 1.0 indicates that 100.0% of current Remgro price fluctuation can be explain by its past prices.
Correlation Coefficient | 1.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Remgro Limited lagged returns against current returns
Autocorrelation, which is Remgro pink sheet'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 Remgro's pink sheet expected returns. We can calculate the autocorrelation of Remgro returns to help us make a trade decision. For example, suppose you find that Remgro has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Remgro 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 Remgro pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Remgro pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Remgro pink sheet over time.
Current vs Lagged Prices |
Timeline |
Remgro Lagged Returns
When evaluating Remgro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Remgro pink sheet have on its future price. Remgro 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, Remgro autocorrelation shows the relationship between Remgro pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Remgro Limited.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Remgro Pink Sheet
Remgro financial ratios help investors to determine whether Remgro Pink Sheet 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 Remgro with respect to the benefits of owning Remgro security.