FedEx's market value is the price at which a share of FedEx trades on a public exchange. It measures the collective expectations of FedEx investors about its performance. FedEx is selling for under 266.90 as of the 5th of January 2025; that is 1.4% down since the beginning of the trading day. The stock's last reported lowest price was 264.9. With this module, you can estimate the performance of a buy and hold strategy of FedEx and determine expected loss or profit from investing in FedEx over a given investment horizon. Check out FedEx Correlation, FedEx Volatility and FedEx Alpha and Beta module to complement your research on FedEx. For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.
Please note, there is a significant difference between FedEx's value and its price as these two are different measures arrived at by different means. Investors typically determine if FedEx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FedEx'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 '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'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.
0.00
02/10/2024
No Change 0.00
0.0
In 10 months and 26 days
01/05/2025
0.00
If you would invest 0.00 in FedEx on February 10, 2024 and sell it all today you would earn a total of 0.00 from holding FedEx or generate 0.0% return on investment in FedEx over 330 days. FedEx is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
FedEx 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'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 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's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FedEx's standard deviation. In reality, there are many statistical measures that can use FedEx historical prices to predict the future FedEx's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FedEx's 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.
FedEx appears to be out of control, given 3 months investment horizon. FedEx secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for FedEx, which you can use to evaluate the volatility of the firm. Please utilize FedEx's Mean Deviation of 1.66, coefficient of variation of 5773.19, and Downside Deviation of 4.03 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FedEx holds a performance score of 8. The firm shows a Beta (market volatility) of -0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FedEx are expected to decrease at a much lower rate. During the bear market, FedEx is likely to outperform the market. Please check FedEx's standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether FedEx's price patterns will revert.
Auto-correlation
-0.1
Very weak reverse predictability
FedEx has very weak reverse predictability. Overlapping area represents the amount of predictability between FedEx 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 price movement. The serial correlation of -0.1 indicates that less than 10.0% of current FedEx price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.1
Spearman Rank Test
0.13
Residual Average
0.0
Price Variance
206.03
FedEx lagged returns against current returns
Autocorrelation, which is FedEx 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's stock expected returns. We can calculate the autocorrelation of FedEx returns to help us make a trade decision. For example, suppose you find that FedEx 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FedEx stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FedEx stock over time.
Current vs Lagged Prices
Timeline
FedEx Lagged Returns
When evaluating FedEx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FedEx stock have on its future price. FedEx 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 autocorrelation shows the relationship between FedEx stock current value and its past values and can show if there is a momentum factor associated with investing in FedEx.
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.
When running FedEx's price analysis, check to measure FedEx'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 is operating at the current time. Most of FedEx's value examination focuses on studying past and present price action to predict the probability of FedEx'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's price. Additionally, you may evaluate how the addition of FedEx to your portfolios can decrease your overall portfolio volatility.