FANCL CORP (Germany) Market Value
| 4P2 Stock | EUR 1,000,000 0.00 0.00% |
| Symbol | FANCL |
Please note, there is a significant difference between FANCL CORP's value and its price as these two are different measures arrived at by different means. Investors typically determine if FANCL CORP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FANCL CORP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
FANCL CORP '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 FANCL CORP'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 FANCL CORP.
| 01/09/2023 |
| 12/29/2024 |
If you would invest 0.00 in FANCL CORP on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding FANCL P or generate 0.0% return on investment in FANCL CORP over 720 days. FANCL CORP is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
FANCL CORP 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 FANCL CORP'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 FANCL P upside and downside potential and time the market with a certain degree of confidence.
FANCL CORP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FANCL CORP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FANCL CORP's standard deviation. In reality, there are many statistical measures that can use FANCL CORP historical prices to predict the future FANCL CORP's volatility.FANCL CORP Backtested Returns
We have found three technical indicators for FANCL P, which you can use to evaluate the volatility of the entity. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and FANCL CORP are completely uncorrelated.
Auto-correlation | 0.80 |
Very good predictability
FANCL P has very good predictability. Overlapping area represents the amount of predictability between FANCL CORP time series from 9th of January 2023 to 4th of January 2024 and 4th of January 2024 to 29th 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 FANCL CORP price movement. The serial correlation of 0.8 indicates that around 80.0% of current FANCL CORP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 52.86 |
FANCL CORP lagged returns against current returns
Autocorrelation, which is FANCL CORP 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 FANCL CORP's stock expected returns. We can calculate the autocorrelation of FANCL CORP returns to help us make a trade decision. For example, suppose you find that FANCL CORP 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 |
FANCL CORP 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 FANCL CORP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FANCL CORP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FANCL CORP stock over time.
Current vs Lagged Prices |
| Timeline |
FANCL CORP Lagged Returns
When evaluating FANCL CORP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FANCL CORP stock have on its future price. FANCL CORP 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, FANCL CORP autocorrelation shows the relationship between FANCL CORP stock current value and its past values and can show if there is a momentum factor associated with investing in FANCL P.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FANCL Stock
FANCL CORP financial ratios help investors to determine whether FANCL Stock 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 FANCL with respect to the benefits of owning FANCL CORP security.