Fielmann Aktiengesellscha (Germany) Market Value
| FIE Stock | EUR 40.20 1.75 4.17% |
| Symbol | Fielmann |
Fielmann Aktiengesellscha '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 Fielmann Aktiengesellscha'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 Fielmann Aktiengesellscha.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Fielmann Aktiengesellscha on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Fielmann Aktiengesellschaft or generate 0.0% return on investment in Fielmann Aktiengesellscha over 30 days. Fielmann Aktiengesellscha is related to or competes with BLUESCOPE STEEL, ALGOMA STEEL, BlueScope Steel, Gol Intelligent, Perma-Fix Environmental, CECO ENVIRONMENTAL, and SOUTHWEST AIRLINES. More
Fielmann Aktiengesellscha 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 Fielmann Aktiengesellscha'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 Fielmann Aktiengesellschaft upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 6.6 | |||
| Value At Risk | (2.77) | |||
| Potential Upside | 1.67 |
Fielmann Aktiengesellscha Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fielmann Aktiengesellscha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fielmann Aktiengesellscha's standard deviation. In reality, there are many statistical measures that can use Fielmann Aktiengesellscha historical prices to predict the future Fielmann Aktiengesellscha's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 2.42 |
Fielmann Aktiengesellscha Backtested Returns
Fielmann Aktiengesellscha secures Sharpe Ratio (or Efficiency) of -0.18, which denotes the company had a -0.18% return per unit of risk over the last 3 months. Fielmann Aktiengesellschaft exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fielmann Aktiengesellscha's Variance of 1.55, standard deviation of 1.24, and Mean Deviation of 0.841 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0567, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fielmann Aktiengesellscha are expected to decrease at a much lower rate. During the bear market, Fielmann Aktiengesellscha is likely to outperform the market. At this point, Fielmann Aktiengesellscha has a negative expected return of -0.23%. Please make sure to confirm Fielmann Aktiengesellscha's standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if Fielmann Aktiengesellscha performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Fielmann Aktiengesellschaft has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Fielmann Aktiengesellscha time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Fielmann Aktiengesellscha price movement. The serial correlation of -0.78 indicates that around 78.0% of current Fielmann Aktiengesellscha price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.72 |
Fielmann Aktiengesellscha lagged returns against current returns
Autocorrelation, which is Fielmann Aktiengesellscha 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 Fielmann Aktiengesellscha's stock expected returns. We can calculate the autocorrelation of Fielmann Aktiengesellscha returns to help us make a trade decision. For example, suppose you find that Fielmann Aktiengesellscha 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 |
Fielmann Aktiengesellscha 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 Fielmann Aktiengesellscha stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fielmann Aktiengesellscha stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fielmann Aktiengesellscha stock over time.
Current vs Lagged Prices |
| Timeline |
Fielmann Aktiengesellscha Lagged Returns
When evaluating Fielmann Aktiengesellscha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fielmann Aktiengesellscha stock have on its future price. Fielmann Aktiengesellscha 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, Fielmann Aktiengesellscha autocorrelation shows the relationship between Fielmann Aktiengesellscha stock current value and its past values and can show if there is a momentum factor associated with investing in Fielmann Aktiengesellschaft.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Fielmann Stock Analysis
When running Fielmann Aktiengesellscha's price analysis, check to measure Fielmann Aktiengesellscha'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 Fielmann Aktiengesellscha is operating at the current time. Most of Fielmann Aktiengesellscha's value examination focuses on studying past and present price action to predict the probability of Fielmann Aktiengesellscha's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fielmann Aktiengesellscha's price. Additionally, you may evaluate how the addition of Fielmann Aktiengesellscha to your portfolios can decrease your overall portfolio volatility.