FORSEE POWEREO's market value is the price at which a share of FORSEE POWEREO trades on a public exchange. It measures the collective expectations of FORSEE POWEREO 10 investors about its performance. FORSEE POWEREO is trading at 0.38 as of the 22nd of December 2024. This is a 5.56% up since the beginning of the trading day. The stock's lowest day price was 0.38. With this module, you can estimate the performance of a buy and hold strategy of FORSEE POWEREO 10 and determine expected loss or profit from investing in FORSEE POWEREO over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
FORSEE
FORSEE POWEREO '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 FORSEE POWEREO'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 FORSEE POWEREO.
0.00
01/02/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
12/22/2024
0.00
If you would invest 0.00 in FORSEE POWEREO on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding FORSEE POWEREO 10 or generate 0.0% return on investment in FORSEE POWEREO over 720 days.
FORSEE POWEREO 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 FORSEE POWEREO'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 FORSEE POWEREO 10 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for FORSEE POWEREO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FORSEE POWEREO's standard deviation. In reality, there are many statistical measures that can use FORSEE POWEREO historical prices to predict the future FORSEE POWEREO's volatility.
FORSEE POWEREO 10 secures Sharpe Ratio (or Efficiency) of -0.27, which denotes the company had a -0.27% return per unit of volatility over the last 3 months. FORSEE POWEREO 10 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FORSEE POWEREO's Standard Deviation of 4.49, market risk adjusted performance of (3.42), and Mean Deviation of 3.0 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.35, which means possible diversification benefits within a given portfolio. As returns on the market increase, FORSEE POWEREO's returns are expected to increase less than the market. However, during the bear market, the loss of holding FORSEE POWEREO is expected to be smaller as well. At this point, FORSEE POWEREO 10 has a negative expected return of -1.25%. Please make sure to confirm FORSEE POWEREO's potential upside, daily balance of power, and the relationship between the maximum drawdown and kurtosis , to decide if FORSEE POWEREO 10 performance from the past will be repeated at future time.
Auto-correlation
0.59
Modest predictability
FORSEE POWEREO 10 has modest predictability. Overlapping area represents the amount of predictability between FORSEE POWEREO time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd of December 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 FORSEE POWEREO 10 price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current FORSEE POWEREO price fluctuation can be explain by its past prices.
Correlation Coefficient
0.59
Spearman Rank Test
0.63
Residual Average
0.0
Price Variance
0.42
FORSEE POWEREO 10 lagged returns against current returns
Autocorrelation, which is FORSEE POWEREO 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 FORSEE POWEREO's stock expected returns. We can calculate the autocorrelation of FORSEE POWEREO returns to help us make a trade decision. For example, suppose you find that FORSEE POWEREO 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
FORSEE POWEREO 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 FORSEE POWEREO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FORSEE POWEREO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FORSEE POWEREO stock over time.
Current vs Lagged Prices
Timeline
FORSEE POWEREO Lagged Returns
When evaluating FORSEE POWEREO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FORSEE POWEREO stock have on its future price. FORSEE POWEREO 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, FORSEE POWEREO autocorrelation shows the relationship between FORSEE POWEREO stock current value and its past values and can show if there is a momentum factor associated with investing in FORSEE POWEREO 10.