TechnipFMC Plc (Germany) Market Value
| 1T1 Stock | 30.91 0.26 0.83% |
| Symbol | TechnipFMC |
TechnipFMC Plc '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 TechnipFMC Plc'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 TechnipFMC Plc.
| 02/03/2023 |
| 01/23/2025 |
If you would invest 0.00 in TechnipFMC Plc on February 3, 2023 and sell it all today you would earn a total of 0.00 from holding TechnipFMC plc or generate 0.0% return on investment in TechnipFMC Plc over 720 days.
TechnipFMC Plc 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 TechnipFMC Plc'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 TechnipFMC plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.84 | |||
| Information Ratio | 0.163 | |||
| Maximum Drawdown | 12.47 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 3.9 |
TechnipFMC Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TechnipFMC Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TechnipFMC Plc's standard deviation. In reality, there are many statistical measures that can use TechnipFMC Plc historical prices to predict the future TechnipFMC Plc's volatility.| Risk Adjusted Performance | 0.1573 | |||
| Jensen Alpha | 0.3776 | |||
| Total Risk Alpha | 0.3159 | |||
| Sortino Ratio | 0.1935 | |||
| Treynor Ratio | 2.51 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TechnipFMC Plc'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.
TechnipFMC plc Backtested Returns
TechnipFMC Plc appears to be very steady, given 3 months investment horizon. TechnipFMC plc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for TechnipFMC plc, which you can use to evaluate the volatility of the company. Please review TechnipFMC Plc's Semi Deviation of 1.42, risk adjusted performance of 0.1573, and Coefficient Of Variation of 558.13 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TechnipFMC Plc holds a performance score of 15. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TechnipFMC Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding TechnipFMC Plc is expected to be smaller as well. Please check TechnipFMC Plc's jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether TechnipFMC Plc's existing price patterns will revert.
Auto-correlation | 0.48 |
Average predictability
TechnipFMC plc has average predictability. Overlapping area represents the amount of predictability between TechnipFMC Plc time series from 3rd of February 2023 to 29th of January 2024 and 29th of January 2024 to 23rd 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 TechnipFMC plc price movement. The serial correlation of 0.48 indicates that about 48.0% of current TechnipFMC Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 10.38 |
TechnipFMC plc lagged returns against current returns
Autocorrelation, which is TechnipFMC Plc 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 TechnipFMC Plc's stock expected returns. We can calculate the autocorrelation of TechnipFMC Plc returns to help us make a trade decision. For example, suppose you find that TechnipFMC Plc 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 |
TechnipFMC Plc 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 TechnipFMC Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TechnipFMC Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TechnipFMC Plc stock over time.
Current vs Lagged Prices |
| Timeline |
TechnipFMC Plc Lagged Returns
When evaluating TechnipFMC Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TechnipFMC Plc stock have on its future price. TechnipFMC Plc 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, TechnipFMC Plc autocorrelation shows the relationship between TechnipFMC Plc stock current value and its past values and can show if there is a momentum factor associated with investing in TechnipFMC plc.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for TechnipFMC Stock Analysis
When running TechnipFMC Plc's price analysis, check to measure TechnipFMC Plc'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 TechnipFMC Plc is operating at the current time. Most of TechnipFMC Plc's value examination focuses on studying past and present price action to predict the probability of TechnipFMC Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TechnipFMC Plc's price. Additionally, you may evaluate how the addition of TechnipFMC Plc to your portfolios can decrease your overall portfolio volatility.