FedEx Corp (Germany) Market Value
| FDX Stock | EUR 223.50 4.05 1.78% |
| Symbol | FedEx |
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.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in FedEx Corp on December 13, 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 90 days. FedEx Corp is related to or competes with Fevertree Drinks, Collins Foods, Suntory Beverage, China Foods, TYSON FOODS, and CN MODERN. 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.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 18.74 | |||
| Value At Risk | (5.03) | |||
| Potential Upside | 1.78 |
FedEx Corp Market Risk Indicators
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.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | 0.0541 | |||
| Treynor Ratio | 1.97 |
FedEx Corp Backtested Returns
FedEx Corp secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12 % return per unit of risk over the last 3 months. FedEx Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FedEx Corp's Mean Deviation of 1.3, variance of 5.3, and Standard Deviation of 2.3 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.15, 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. At this point, FedEx Corp has a negative expected return of -0.29%. Please make sure to confirm FedEx Corp's standard deviation, potential upside, day typical price, as well as the relationship between the jensen alpha and daily balance of power , to decide if FedEx Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.22 |
Weak predictability
FedEx Corp has weak predictability. Overlapping area represents the amount of predictability between FedEx Corp time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 FedEx Corp price movement. The serial correlation of 0.22 indicates that over 22.0% of current FedEx Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 59.5 |
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 |
| Timeline |
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 |
| Timeline |
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 |
Thematic Opportunities
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Additional Tools for FedEx Stock Analysis
When running FedEx Corp's price analysis, check to measure FedEx Corp'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 FedEx Corp is operating at the current time. Most of FedEx Corp's value examination focuses on studying past and present price action to predict the probability of FedEx Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FedEx Corp's price. Additionally, you may evaluate how the addition of FedEx Corp to your portfolios can decrease your overall portfolio volatility.