Firstwave Cloud (Australia) Market Value
| FCT Stock | 0.02 0 11.76% |
| Symbol | Firstwave |
Firstwave Cloud '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 Firstwave Cloud'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 Firstwave Cloud.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Firstwave Cloud on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Firstwave Cloud Technology or generate 0.0% return on investment in Firstwave Cloud over 90 days. Firstwave Cloud is related to or competes with Dexus Convenience, Ainsworth Game, Retail Food, Sports Entertainment, Autosports, and Collins Foods. More
Firstwave Cloud 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 Firstwave Cloud'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 Firstwave Cloud Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.79 | |||
| Information Ratio | 0.0315 | |||
| Maximum Drawdown | 29.52 | |||
| Value At Risk | (12.00) | |||
| Potential Upside | 10.0 |
Firstwave Cloud Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Firstwave Cloud's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Firstwave Cloud's standard deviation. In reality, there are many statistical measures that can use Firstwave Cloud historical prices to predict the future Firstwave Cloud's volatility.| Risk Adjusted Performance | 0.0237 | |||
| Jensen Alpha | 0.1031 | |||
| Total Risk Alpha | 0.7639 | |||
| Sortino Ratio | 0.0177 | |||
| Treynor Ratio | 1.07 |
Firstwave Cloud Tech Backtested Returns
Currently, Firstwave Cloud Technology is out of control. Firstwave Cloud Tech secures Sharpe Ratio (or Efficiency) of 0.0172, which denotes the company had a 0.0172 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Firstwave Cloud Technology, which you can use to evaluate the volatility of the firm. Please confirm Firstwave Cloud's Mean Deviation of 3.55, downside deviation of 10.79, and Coefficient Of Variation of 5816.41 to check if the risk estimate we provide is consistent with the expected return of 0.1%. Firstwave Cloud has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0887, which means not very significant fluctuations relative to the market. As returns on the market increase, Firstwave Cloud's returns are expected to increase less than the market. However, during the bear market, the loss of holding Firstwave Cloud is expected to be smaller as well. Firstwave Cloud Tech right now shows a risk of 6.08%. Please confirm Firstwave Cloud Tech treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Firstwave Cloud Tech will be following its price patterns.
Auto-correlation | 0.43 |
Average predictability
Firstwave Cloud Technology has average predictability. Overlapping area represents the amount of predictability between Firstwave Cloud time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Firstwave Cloud Tech price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Firstwave Cloud price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Firstwave Cloud Tech lagged returns against current returns
Autocorrelation, which is Firstwave Cloud 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 Firstwave Cloud's stock expected returns. We can calculate the autocorrelation of Firstwave Cloud returns to help us make a trade decision. For example, suppose you find that Firstwave Cloud 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 |
Firstwave Cloud 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 Firstwave Cloud stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Firstwave Cloud stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Firstwave Cloud stock over time.
Current vs Lagged Prices |
| Timeline |
Firstwave Cloud Lagged Returns
When evaluating Firstwave Cloud's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Firstwave Cloud stock have on its future price. Firstwave Cloud 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, Firstwave Cloud autocorrelation shows the relationship between Firstwave Cloud stock current value and its past values and can show if there is a momentum factor associated with investing in Firstwave Cloud Technology.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Firstwave Stock Analysis
When running Firstwave Cloud's price analysis, check to measure Firstwave Cloud'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 Firstwave Cloud is operating at the current time. Most of Firstwave Cloud's value examination focuses on studying past and present price action to predict the probability of Firstwave Cloud's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Firstwave Cloud's price. Additionally, you may evaluate how the addition of Firstwave Cloud to your portfolios can decrease your overall portfolio volatility.