First Industrial (Germany) Market Value
| F5W Stock | EUR 48.40 0.20 0.41% |
| Symbol | First |
First Industrial '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 First Industrial'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 First Industrial.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in First Industrial on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding First Industrial Realty or generate 0.0% return on investment in First Industrial over 30 days. First Industrial is related to or competes with Extra Space, Warehouses, National Storage, Montea Comm, and GLADSTONE LAND. is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing ... More
First Industrial 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 First Industrial'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 First Industrial Realty upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.02 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 1.68 |
First Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Industrial's standard deviation. In reality, there are many statistical measures that can use First Industrial historical prices to predict the future First Industrial's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.09) |
First Industrial Realty Backtested Returns
First Industrial Realty secures Sharpe Ratio (or Efficiency) of -0.0237, which denotes the company had a -0.0237% return per unit of risk over the last 3 months. First Industrial Realty exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Industrial's Mean Deviation of 0.8866, variance of 1.27, and Standard Deviation of 1.13 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.46, which means possible diversification benefits within a given portfolio. As returns on the market increase, First Industrial's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Industrial is expected to be smaller as well. At this point, First Industrial Realty has a negative expected return of -0.027%. Please make sure to confirm First Industrial's value at risk, accumulation distribution, day typical price, as well as the relationship between the skewness and rate of daily change , to decide if First Industrial Realty performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.64 |
Good predictability
First Industrial Realty has good predictability. Overlapping area represents the amount of predictability between First Industrial time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 First Industrial Realty price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current First Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.59 |
First Industrial Realty lagged returns against current returns
Autocorrelation, which is First Industrial 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 First Industrial's stock expected returns. We can calculate the autocorrelation of First Industrial returns to help us make a trade decision. For example, suppose you find that First Industrial 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 |
First Industrial 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 First Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
First Industrial Lagged Returns
When evaluating First Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Industrial stock have on its future price. First Industrial 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, First Industrial autocorrelation shows the relationship between First Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in First Industrial Realty.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in First Stock
When determining whether First Industrial Realty is a strong investment it is important to analyze First Industrial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Industrial's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:Check out First Industrial Correlation, First Industrial Volatility and First Industrial Alpha and Beta module to complement your research on First Industrial. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
First Industrial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.