Fluoguide (Sweden) Market Value
| FLUO Stock | SEK 42.95 0.70 1.66% |
| Symbol | Fluoguide |
Fluoguide '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 Fluoguide'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 Fluoguide.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Fluoguide on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Fluoguide AS or generate 0.0% return on investment in Fluoguide over 90 days. Fluoguide is related to or competes with ExpreS2ion Biotech, Hansa Biopharma, CBrain AS, and BioPorto. FluoGuide AS, a life science company, engages in the development and sale of surgical solutions in Denmark More
Fluoguide 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 Fluoguide'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 Fluoguide AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.43 | |||
| Information Ratio | 0.0848 | |||
| Maximum Drawdown | 34.51 | |||
| Value At Risk | (5.87) | |||
| Potential Upside | 7.47 |
Fluoguide Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fluoguide's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fluoguide's standard deviation. In reality, there are many statistical measures that can use Fluoguide historical prices to predict the future Fluoguide's volatility.| Risk Adjusted Performance | 0.0655 | |||
| Jensen Alpha | 0.2929 | |||
| Total Risk Alpha | 0.9814 | |||
| Sortino Ratio | 0.1284 | |||
| Treynor Ratio | (0.94) |
Fluoguide AS Backtested Returns
Fluoguide appears to be not too volatile, given 3 months investment horizon. Fluoguide AS secures Sharpe Ratio (or Efficiency) of 0.0657, which denotes the company had a 0.0657 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fluoguide AS, which you can use to evaluate the volatility of the firm. Please utilize Fluoguide's Coefficient Of Variation of 1521.86, downside deviation of 3.43, and Mean Deviation of 3.41 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fluoguide holds a performance score of 5. The firm shows a Beta (market volatility) of -0.35, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fluoguide are expected to decrease at a much lower rate. During the bear market, Fluoguide is likely to outperform the market. Please check Fluoguide's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Fluoguide's price patterns will revert.
Auto-correlation | -0.49 |
Modest reverse predictability
Fluoguide AS has modest reverse predictability. Overlapping area represents the amount of predictability between Fluoguide time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Fluoguide AS price movement. The serial correlation of -0.49 indicates that about 49.0% of current Fluoguide price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 6.77 |
Fluoguide AS lagged returns against current returns
Autocorrelation, which is Fluoguide 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 Fluoguide's stock expected returns. We can calculate the autocorrelation of Fluoguide returns to help us make a trade decision. For example, suppose you find that Fluoguide 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 |
Fluoguide 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 Fluoguide stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fluoguide stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fluoguide stock over time.
Current vs Lagged Prices |
| Timeline |
Fluoguide Lagged Returns
When evaluating Fluoguide's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fluoguide stock have on its future price. Fluoguide 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, Fluoguide autocorrelation shows the relationship between Fluoguide stock current value and its past values and can show if there is a momentum factor associated with investing in Fluoguide AS.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Fluoguide Stock Analysis
When running Fluoguide's price analysis, check to measure Fluoguide'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 Fluoguide is operating at the current time. Most of Fluoguide's value examination focuses on studying past and present price action to predict the probability of Fluoguide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fluoguide's price. Additionally, you may evaluate how the addition of Fluoguide to your portfolios can decrease your overall portfolio volatility.