FF Global (Germany) Market Value
| FJ2P Fund | EUR 73.98 0.48 0.65% |
| Symbol | FJ2P |
Please note, there is a significant difference between FF Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if FF Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FF Global'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.
FF Global '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 FF Global's fund 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 FF Global.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in FF Global on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding FF Global or generate 0.0% return on investment in FF Global over 30 days. FF Global is related to or competes with Groupama Entreprises, Renaissance Europe, Superior Plus, Origin Agritech, Identiv, INTUITIVE SURGICAL, and Intel. More
FF Global 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 FF Global's fund 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 FF Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.19 | |||
| Information Ratio | 0.1298 | |||
| Maximum Drawdown | 5.15 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 1.85 |
FF Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FF Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FF Global's standard deviation. In reality, there are many statistical measures that can use FF Global historical prices to predict the future FF Global's volatility.| Risk Adjusted Performance | 0.1295 | |||
| Jensen Alpha | 0.1536 | |||
| Total Risk Alpha | 0.129 | |||
| Sortino Ratio | 0.1147 | |||
| Treynor Ratio | 0.733 |
FF Global Backtested Returns
At this point, FF Global is very steady. FF Global retains Efficiency (Sharpe Ratio) of 0.17, which denotes the fund had a 0.17% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for FF Global, which you can use to evaluate the volatility of the entity. Please confirm FF Global's Standard Deviation of 1.05, market risk adjusted performance of 0.743, and Downside Deviation of 1.19 to check if the risk estimate we provide is consistent with the expected return of 0.18%. The fund owns a Beta (Systematic Risk) of 0.22, which means not very significant fluctuations relative to the market. As returns on the market increase, FF Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding FF Global is expected to be smaller as well.
Auto-correlation | 0.02 |
Virtually no predictability
FF Global has virtually no predictability. Overlapping area represents the amount of predictability between FF Global time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 FF Global price movement. The serial correlation of 0.02 indicates that only 2.0% of current FF Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
FF Global lagged returns against current returns
Autocorrelation, which is FF Global fund'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 FF Global's fund expected returns. We can calculate the autocorrelation of FF Global returns to help us make a trade decision. For example, suppose you find that FF Global has exhibited high autocorrelation historically, and you observe that the fund 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 |
FF Global 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 FF Global fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FF Global fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FF Global fund over time.
Current vs Lagged Prices |
| Timeline |
FF Global Lagged Returns
When evaluating FF Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FF Global fund have on its future price. FF Global 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, FF Global autocorrelation shows the relationship between FF Global fund current value and its past values and can show if there is a momentum factor associated with investing in FF Global.
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.Other Information on Investing in FJ2P Fund
FF Global financial ratios help investors to determine whether FJ2P Fund 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 FJ2P with respect to the benefits of owning FF Global security.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |