FOSTOURGRP (Germany) Market Value
| 6T8 Stock | EUR 0.90 0.01 1.12% |
| Symbol | FOSTOURGRP |
FOSTOURGRP '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 FOSTOURGRP'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 FOSTOURGRP.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in FOSTOURGRP on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding FOSTOURGRP EO 0001 or generate 0.0% return on investment in FOSTOURGRP over 30 days. FOSTOURGRP is related to or competes with TRIPCOM GROUP, TRAVEL LEISURE, TUI AG, TripAdvisor, MakeMyTrip, TRAINLINE PLC, and Lindblad Expeditions. Fosun Tourism Group, an investment holding company, provides resort services in Europe, the Middle East, Africa, the Uni... More
FOSTOURGRP 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 FOSTOURGRP'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 FOSTOURGRP EO 0001 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.11 | |||
| Information Ratio | 0.1661 | |||
| Maximum Drawdown | 86.96 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 10.53 |
FOSTOURGRP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FOSTOURGRP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FOSTOURGRP's standard deviation. In reality, there are many statistical measures that can use FOSTOURGRP historical prices to predict the future FOSTOURGRP's volatility.| Risk Adjusted Performance | 0.1431 | |||
| Jensen Alpha | 1.92 | |||
| Total Risk Alpha | 1.61 | |||
| Sortino Ratio | 0.3123 | |||
| Treynor Ratio | 3.77 |
FOSTOURGRP EO 0001 Backtested Returns
FOSTOURGRP is out of control given 3 months investment horizon. FOSTOURGRP EO 0001 secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% return per unit of volatility over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.76% are justified by taking the suggested risk. Use FOSTOURGRP Mean Deviation of 4.49, downside deviation of 6.11, and Market Risk Adjusted Performance of 3.78 to evaluate company specific risk that cannot be diversified away. FOSTOURGRP holds a performance score of 12 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.51, which means possible diversification benefits within a given portfolio. As returns on the market increase, FOSTOURGRP's returns are expected to increase less than the market. However, during the bear market, the loss of holding FOSTOURGRP is expected to be smaller as well. Use FOSTOURGRP total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to analyze future returns on FOSTOURGRP.
Auto-correlation | 0.94 |
Excellent predictability
FOSTOURGRP EO 0001 has excellent predictability. Overlapping area represents the amount of predictability between FOSTOURGRP time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 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 FOSTOURGRP EO 0001 price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current FOSTOURGRP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
FOSTOURGRP EO 0001 lagged returns against current returns
Autocorrelation, which is FOSTOURGRP 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 FOSTOURGRP's stock expected returns. We can calculate the autocorrelation of FOSTOURGRP returns to help us make a trade decision. For example, suppose you find that FOSTOURGRP 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 |
FOSTOURGRP 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 FOSTOURGRP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FOSTOURGRP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FOSTOURGRP stock over time.
Current vs Lagged Prices |
| Timeline |
FOSTOURGRP Lagged Returns
When evaluating FOSTOURGRP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FOSTOURGRP stock have on its future price. FOSTOURGRP 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, FOSTOURGRP autocorrelation shows the relationship between FOSTOURGRP stock current value and its past values and can show if there is a momentum factor associated with investing in FOSTOURGRP EO 0001.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FOSTOURGRP Stock
FOSTOURGRP financial ratios help investors to determine whether FOSTOURGRP 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 FOSTOURGRP with respect to the benefits of owning FOSTOURGRP security.