FedEx Corp's market value is the price at which a share of FedEx Corp trades on a public exchange. It measures the collective expectations of FedEx Corp investors about its performance. FedEx Corp is trading at 266.25 as of the 5th of January 2025, a 1.77% down since the beginning of the trading day. The stock's lowest day price was 266.25. With this module, you can estimate the performance of a buy and hold strategy of FedEx Corp and determine expected loss or profit from investing in FedEx Corp over a given investment horizon. Check out FedEx Corp Correlation, FedEx Corp Volatility and FedEx Corp Alpha and Beta module to complement your research on FedEx Corp.
Please note, there is a significant difference between FedEx Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if FedEx Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FedEx Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
FedEx Corp '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 FedEx Corp'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 FedEx Corp.
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02/10/2024
No Change 0.00
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In 10 months and 26 days
01/05/2025
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If you would invest 0.00 in FedEx Corp on February 10, 2024 and sell it all today you would earn a total of 0.00 from holding FedEx Corp or generate 0.0% return on investment in FedEx Corp over 330 days. FedEx Corp is related to or competes with TAL Education, G8 EDUCATION, Nippon Steel, CHINA EDUCATION, MOUNT GIBSON, and STRAYER EDUCATION. More
FedEx Corp 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 FedEx Corp'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 FedEx Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for FedEx Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FedEx Corp's standard deviation. In reality, there are many statistical measures that can use FedEx Corp historical prices to predict the future FedEx Corp's volatility.
FedEx Corp appears to be very steady, given 3 months investment horizon. FedEx Corp secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for FedEx Corp, which you can use to evaluate the volatility of the firm. Please utilize FedEx Corp's Mean Deviation of 1.32, downside deviation of 2.01, and Coefficient Of Variation of 968.72 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FedEx Corp holds a performance score of 8. The firm shows a Beta (market volatility) of -0.0159, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FedEx Corp are expected to decrease at a much lower rate. During the bear market, FedEx Corp is likely to outperform the market. Please check FedEx Corp's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether FedEx Corp's price patterns will revert.
Auto-correlation
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No correlation between past and present
FedEx Corp has no correlation between past and present. Overlapping area represents the amount of predictability between FedEx Corp time series from 10th of February 2024 to 24th of July 2024 and 24th of July 2024 to 5th 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 FedEx Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current FedEx Corp price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
-0.02
Residual Average
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Price Variance
191.13
FedEx Corp lagged returns against current returns
Autocorrelation, which is FedEx Corp 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 FedEx Corp's stock expected returns. We can calculate the autocorrelation of FedEx Corp returns to help us make a trade decision. For example, suppose you find that FedEx Corp 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
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FedEx Corp 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 FedEx Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FedEx Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FedEx Corp stock over time.
Current vs Lagged Prices
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FedEx Corp Lagged Returns
When evaluating FedEx Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FedEx Corp stock have on its future price. FedEx Corp 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, FedEx Corp autocorrelation shows the relationship between FedEx Corp stock current value and its past values and can show if there is a momentum factor associated with investing in FedEx Corp.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
FedEx Corp financial ratios help investors to determine whether FedEx 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 FedEx with respect to the benefits of owning FedEx Corp security.