Forsys Metals (Germany) Market Value
| F2T Stock | EUR 0.46 0.02 4.55% |
| Symbol | Forsys |
Forsys Metals '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 Forsys Metals' 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 Forsys Metals.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Forsys Metals on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Forsys Metals Corp or generate 0.0% return on investment in Forsys Metals over 60 days. Forsys Metals is related to or competes with BHP Group, BHP Group, Vale SA, Glencore Plc, Glencore PLC, and Anglo American. Forsys Metals Corp., an exploration stage company, acquires, explores, and develops uranium and gold mineral properties ... More
Forsys Metals 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 Forsys Metals' 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 Forsys Metals Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 17.95 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 8.11 |
Forsys Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forsys Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Forsys Metals' standard deviation. In reality, there are many statistical measures that can use Forsys Metals historical prices to predict the future Forsys Metals' volatility.| Risk Adjusted Performance | 0.0029 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.6535 |
Forsys Metals Corp Backtested Returns
Forsys Metals Corp secures Sharpe Ratio (or Efficiency) of -0.0027, which denotes the company had a -0.0027% return per unit of risk over the last 3 months. Forsys Metals Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Forsys Metals' Variance of 21.1, mean deviation of 3.51, and Standard Deviation of 4.59 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0611, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Forsys Metals are expected to decrease at a much lower rate. During the bear market, Forsys Metals is likely to outperform the market. At this point, Forsys Metals Corp has a negative expected return of -0.012%. Please make sure to confirm Forsys Metals' total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if Forsys Metals Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.57 |
Good reverse predictability
Forsys Metals Corp has good reverse predictability. Overlapping area represents the amount of predictability between Forsys Metals 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 Forsys Metals Corp price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Forsys Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Forsys Metals Corp lagged returns against current returns
Autocorrelation, which is Forsys Metals 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 Forsys Metals' stock expected returns. We can calculate the autocorrelation of Forsys Metals returns to help us make a trade decision. For example, suppose you find that Forsys Metals 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 |
Forsys Metals 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 Forsys Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Forsys Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Forsys Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Forsys Metals Lagged Returns
When evaluating Forsys Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Forsys Metals stock have on its future price. Forsys Metals 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, Forsys Metals autocorrelation shows the relationship between Forsys Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Forsys Metals Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Forsys Stock
Forsys Metals financial ratios help investors to determine whether Forsys 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 Forsys with respect to the benefits of owning Forsys Metals security.