Fineco AM (Germany) Market Value
| 0P0001OSMJ | 136.51 0.22 0.16% |
| Symbol | Fineco |
Fineco AM '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 Fineco AM's fund 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 Fineco AM.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Fineco AM on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Fineco AM Pasv or generate 0.0% return on investment in Fineco AM over 60 days.
Fineco AM 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 Fineco AM's fund 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 Fineco AM Pasv upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4275 | |||
| Information Ratio | 0.1323 | |||
| Maximum Drawdown | 3.48 | |||
| Value At Risk | (0.49) | |||
| Potential Upside | 0.8001 |
Fineco AM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fineco AM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fineco AM's standard deviation. In reality, there are many statistical measures that can use Fineco AM historical prices to predict the future Fineco AM's volatility.| Risk Adjusted Performance | 0.1369 | |||
| Jensen Alpha | 0.0823 | |||
| Total Risk Alpha | 0.0724 | |||
| Sortino Ratio | 0.1588 | |||
| Treynor Ratio | (0.49) |
Fineco AM Pasv Backtested Returns
As of now, Fineco Fund is very steady. Fineco AM Pasv secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fineco AM Pasv, which you can use to evaluate the volatility of the entity. Please confirm Fineco AM's Mean Deviation of 0.3473, coefficient of variation of 568.65, and Downside Deviation of 0.4275 to check if the risk estimate we provide is consistent with the expected return of 0.0685%. The fund shows a Beta (market volatility) of -0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fineco AM are expected to decrease at a much lower rate. During the bear market, Fineco AM is likely to outperform the market.
Auto-correlation | -0.45 |
Modest reverse predictability
Fineco AM Pasv has modest reverse predictability. Overlapping area represents the amount of predictability between Fineco AM time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Fineco AM Pasv price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Fineco AM price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 1.2 |
Fineco AM Pasv lagged returns against current returns
Autocorrelation, which is Fineco AM fund'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 Fineco AM's fund expected returns. We can calculate the autocorrelation of Fineco AM returns to help us make a trade decision. For example, suppose you find that Fineco AM has exhibited high autocorrelation historically, and you observe that the fund 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 |
Fineco AM 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 Fineco AM fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fineco AM fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fineco AM fund over time.
Current vs Lagged Prices |
| Timeline |
Fineco AM Lagged Returns
When evaluating Fineco AM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fineco AM fund have on its future price. Fineco AM 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, Fineco AM autocorrelation shows the relationship between Fineco AM fund current value and its past values and can show if there is a momentum factor associated with investing in Fineco AM Pasv.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |