Fd Technologies Plc Stock Market Value
| FDRVF Stock | USD 23.85 0.00 0.00% |
| Symbol | FDRVF |
FD Technologies '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 FD Technologies' pink sheet 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 FD Technologies.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in FD Technologies on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding FD Technologies Plc or generate 0.0% return on investment in FD Technologies over 30 days. FD Technologies is related to or competes with Indra Sistemas, NEC, Fujitsu, Nomura Research, Data Storage, CLARIVATE PLC, and N Able. FD Technologies Plc provides software and consulting services in the United Kingdom and internationally More
FD Technologies 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 FD Technologies' pink sheet 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 FD Technologies Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1207 | |||
| Maximum Drawdown | 18.24 | |||
| Potential Upside | 0.7433 |
FD Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FD Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FD Technologies' standard deviation. In reality, there are many statistical measures that can use FD Technologies historical prices to predict the future FD Technologies' volatility.| Risk Adjusted Performance | 0.1194 | |||
| Jensen Alpha | 0.2698 | |||
| Total Risk Alpha | 0.2008 | |||
| Treynor Ratio | 0.4181 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FD Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
FD Technologies Plc Backtested Returns
FD Technologies appears to be very steady, given 3 months investment horizon. FD Technologies Plc retains Efficiency (Sharpe Ratio) of 0.14, which denotes the company had a 0.14% return per unit of price deviation over the last 3 months. We have found seventeen technical indicators for FD Technologies, which you can use to evaluate the volatility of the firm. Please utilize FD Technologies' Standard Deviation of 2.15, information ratio of 0.1207, and Market Risk Adjusted Performance of 0.4281 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FD Technologies holds a performance score of 11. The firm owns a Beta (Systematic Risk) of 0.7, which means possible diversification benefits within a given portfolio. As returns on the market increase, FD Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding FD Technologies is expected to be smaller as well. Please check FD Technologies' risk adjusted performance, variance, as well as the relationship between the Variance and skewness , to make a quick decision on whether FD Technologies' current price history will revert.
Auto-correlation | -0.36 |
Poor reverse predictability
FD Technologies Plc has poor reverse predictability. Overlapping area represents the amount of predictability between FD Technologies time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 FD Technologies Plc price movement. The serial correlation of -0.36 indicates that just about 36.0% of current FD Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.9 |
FD Technologies Plc lagged returns against current returns
Autocorrelation, which is FD Technologies pink sheet'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 FD Technologies' pink sheet expected returns. We can calculate the autocorrelation of FD Technologies returns to help us make a trade decision. For example, suppose you find that FD Technologies has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
FD Technologies 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 FD Technologies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FD Technologies pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FD Technologies pink sheet over time.
Current vs Lagged Prices |
| Timeline |
FD Technologies Lagged Returns
When evaluating FD Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FD Technologies pink sheet have on its future price. FD Technologies 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, FD Technologies autocorrelation shows the relationship between FD Technologies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in FD Technologies Plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FDRVF Pink Sheet
FD Technologies financial ratios help investors to determine whether FDRVF Pink Sheet 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 FDRVF with respect to the benefits of owning FD Technologies security.