Fortress Biotech Pref Preferred Stock Market Value
| FBIOP Preferred Stock | USD 6.64 0.14 2.15% |
| Symbol | Fortress |
Fortress Biotech '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 Fortress Biotech's preferred 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 Fortress Biotech.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Fortress Biotech on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Fortress Biotech Pref or generate 0.0% return on investment in Fortress Biotech over 90 days. Fortress Biotech is related to or competes with Checkpoint Therapeutics, Mustang Bio, Reviva Pharmaceuticals, Kodiak Sciences, Fortress Biotech, Achilles Therapeutics, and Aptose Biosciences. Fortress Biotech, Inc., a biopharmaceutical company, develops and commercializes pharmaceutical and biotechnology produc... More
Fortress Biotech 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 Fortress Biotech's preferred 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 Fortress Biotech Pref upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.85 | |||
| Information Ratio | 0.0516 | |||
| Maximum Drawdown | 15.52 | |||
| Value At Risk | (4.02) | |||
| Potential Upside | 7.27 |
Fortress Biotech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortress Biotech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fortress Biotech's standard deviation. In reality, there are many statistical measures that can use Fortress Biotech historical prices to predict the future Fortress Biotech's volatility.| Risk Adjusted Performance | 0.0279 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.5123 | |||
| Sortino Ratio | 0.0635 | |||
| Treynor Ratio | (0.07) |
Fortress Biotech Pref Backtested Returns
Currently, Fortress Biotech Pref is slightly risky. Fortress Biotech Pref secures Sharpe Ratio (or Efficiency) of 0.0304, which denotes the company had a 0.0304 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fortress Biotech Pref, which you can use to evaluate the volatility of the firm. Please confirm Fortress Biotech's Mean Deviation of 2.51, downside deviation of 2.85, and Coefficient Of Variation of 4267.05 to check if the risk estimate we provide is consistent with the expected return of 0.1%. Fortress Biotech has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.99, which means possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Fortress Biotech are expected to decrease slowly. On the other hand, during market turmoil, Fortress Biotech is expected to outperform it slightly. Fortress Biotech Pref right now shows a risk of 3.37%. Please confirm Fortress Biotech Pref value at risk, as well as the relationship between the skewness and day median price , to decide if Fortress Biotech Pref will be following its price patterns.
Auto-correlation | -0.7 |
Very good reverse predictability
Fortress Biotech Pref has very good reverse predictability. Overlapping area represents the amount of predictability between Fortress Biotech time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Fortress Biotech Pref price movement. The serial correlation of -0.7 indicates that around 70.0% of current Fortress Biotech price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Fortress Biotech Pref lagged returns against current returns
Autocorrelation, which is Fortress Biotech preferred 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 Fortress Biotech's preferred stock expected returns. We can calculate the autocorrelation of Fortress Biotech returns to help us make a trade decision. For example, suppose you find that Fortress Biotech has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Fortress Biotech 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 Fortress Biotech preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fortress Biotech preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fortress Biotech preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Fortress Biotech Lagged Returns
When evaluating Fortress Biotech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fortress Biotech preferred stock have on its future price. Fortress Biotech 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, Fortress Biotech autocorrelation shows the relationship between Fortress Biotech preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Fortress Biotech Pref.
Regressed Prices |
| Timeline |
Additional Tools for Fortress Preferred Stock Analysis
When running Fortress Biotech's price analysis, check to measure Fortress Biotech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortress Biotech is operating at the current time. Most of Fortress Biotech's value examination focuses on studying past and present price action to predict the probability of Fortress Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortress Biotech's price. Additionally, you may evaluate how the addition of Fortress Biotech to your portfolios can decrease your overall portfolio volatility.