Rea Group Limited Stock Market Value
| RPGRF Stock | USD 103.13 0.00 0.00% |
| Symbol | REA |
REA Group '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 REA Group'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 REA Group.
| 03/30/2024 |
| 04/29/2024 |
If you would invest 0.00 in REA Group on March 30, 2024 and sell it all today you would earn a total of 0.00 from holding REA Group Limited or generate 0.0% return on investment in REA Group over 30 days. REA Group is related to or competes with Twilio, Snap, Alphabet, Pinterest, Hello, Weibo Corp, and DouYu International. REA Group Limited engages in online property advertising business in Australia, India, and internationally More
REA Group 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 REA Group'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 REA Group Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.73) | |||
| Maximum Drawdown | 0.8508 |
REA Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for REA Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as REA Group's standard deviation. In reality, there are many statistical measures that can use REA Group historical prices to predict the future REA Group's volatility.| Risk Adjusted Performance | 0.0272 | |||
| Total Risk Alpha | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of REA Group'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.
REA Group Limited Backtested Returns
We consider REA Group very steady. REA Group Limited retains Efficiency (Sharpe Ratio) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found thirteen technical indicators for REA Group, which you can use to evaluate the volatility of the company. Please check REA Group's standard deviation of 0.1047, and Mean Deviation of 0.0254 to confirm if the risk estimate we provide is consistent with the expected return of 0.0135%. REA Group has a performance score of 9 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and REA Group are completely uncorrelated. REA Group Limited now owns a risk of 0.11%. Please check REA Group Limited coefficient of variation, skewness, as well as the relationship between the Skewness and day typical price , to decide if REA Group Limited will be following its current price history.
Auto-correlation | 1.00 |
Perfect predictability
REA Group Limited has perfect predictability. Overlapping area represents the amount of predictability between REA Group time series from 30th of March 2024 to 14th of April 2024 and 14th of April 2024 to 29th 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 REA Group Limited price movement. The serial correlation of 1.0 indicates that 100.0% of current REA Group 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 |
REA Group Limited lagged returns against current returns
Autocorrelation, which is REA Group 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 REA Group's pink sheet expected returns. We can calculate the autocorrelation of REA Group returns to help us make a trade decision. For example, suppose you find that REA Group 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 |
REA Group 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 REA Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if REA Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in REA Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
REA Group Lagged Returns
When evaluating REA Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of REA Group pink sheet have on its future price. REA Group 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, REA Group autocorrelation shows the relationship between REA Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in REA Group Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out REA Group Correlation, REA Group Volatility and REA Group Alpha and Beta module to complement your research on REA Group. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for REA Pink Sheet analysis
When running REA Group's price analysis, check to measure REA Group'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 REA Group is operating at the current time. Most of REA Group's value examination focuses on studying past and present price action to predict the probability of REA Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move REA Group's price. Additionally, you may evaluate how the addition of REA Group to your portfolios can decrease your overall portfolio volatility.
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REA Group technical pink sheet 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, pink sheet market cycles, or different charting patterns.