FOM Technologies (Denmark) Market Value

FOM Stock  DKK 8.70  1.18  15.69%   
FOM Technologies' market value is the price at which a share of FOM Technologies trades on a public exchange. It measures the collective expectations of FOM Technologies AS investors about its performance. FOM Technologies is selling at 8.70 as of the 27th of March 2025; that is 15.69 percent up since the beginning of the trading day. The stock's open price was 7.52.
With this module, you can estimate the performance of a buy and hold strategy of FOM Technologies AS and determine expected loss or profit from investing in FOM Technologies over a given investment horizon. Check out FOM Technologies Correlation, FOM Technologies Volatility and FOM Technologies Alpha and Beta module to complement your research on FOM Technologies.
Symbol

Please note, there is a significant difference between FOM Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FOM Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FOM Technologies' 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.

FOM Technologies '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 FOM Technologies' 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 FOM Technologies.
0.00
12/27/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/27/2025
0.00
If you would invest  0.00  in FOM Technologies on December 27, 2024 and sell it all today you would earn a total of 0.00 from holding FOM Technologies AS or generate 0.0% return on investment in FOM Technologies over 90 days. FOM Technologies is related to or competes with CBrain AS, Shape Robotics, ALK Abell, and ChemoMetec. Fom Technologies AS produces and sells slot die machines and equipment More

FOM Technologies 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 FOM Technologies' 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 FOM Technologies AS upside and downside potential and time the market with a certain degree of confidence.

FOM Technologies Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for FOM Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FOM Technologies' standard deviation. In reality, there are many statistical measures that can use FOM Technologies historical prices to predict the future FOM Technologies' volatility.
Hype
Prediction
LowEstimatedHigh
4.638.7012.77
Details
Intrinsic
Valuation
LowRealHigh
2.786.8510.92
Details
Naive
Forecast
LowNextHigh
4.218.2812.35
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.047.078.09
Details

FOM Technologies Backtested Returns

As of now, FOM Stock is slightly risky. FOM Technologies secures Sharpe Ratio (or Efficiency) of 0.0382, which denotes the company had a 0.0382 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for FOM Technologies AS, which you can use to evaluate the volatility of the firm. Please confirm FOM Technologies' Coefficient Of Variation of (2,819), standard deviation of 3.97, and Mean Deviation of 3.01 to check if the risk estimate we provide is consistent with the expected return of 0.17%. FOM Technologies has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.3, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning FOM Technologies are expected to decrease at a much lower rate. During the bear market, FOM Technologies is likely to outperform the market. FOM Technologies currently shows a risk of 4.5%. Please confirm FOM Technologies total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if FOM Technologies will be following its price patterns.

Auto-correlation

    
  -0.22  

Weak reverse predictability

FOM Technologies AS has weak reverse predictability. Overlapping area represents the amount of predictability between FOM Technologies time series from 27th of December 2024 to 10th of February 2025 and 10th of February 2025 to 27th 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 FOM Technologies price movement. The serial correlation of -0.22 indicates that over 22.0% of current FOM Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient-0.22
Spearman Rank Test-0.4
Residual Average0.0
Price Variance0.06
FOM ReturnsFOM Lagged ReturnsDiversified AwayFOM ReturnsFOM Lagged ReturnsDiversified Away100%

FOM Technologies lagged returns against current returns

Autocorrelation, which is FOM Technologies 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 FOM Technologies' stock expected returns. We can calculate the autocorrelation of FOM Technologies returns to help us make a trade decision. For example, suppose you find that FOM Technologies 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   
JavaScript chart by amCharts 3.21.15Feb 10Feb 17Feb 24MarMar 10Mar 17Mar 24-20%-10%0%10%20%30% 101001K
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

FOM Technologies 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 FOM Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FOM Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FOM Technologies stock over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 10Feb 17Feb 24MarMar 10Mar 17Mar 246.57.07.58.08.5
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

FOM Technologies Lagged Returns

When evaluating FOM Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FOM Technologies stock have on its future price. FOM Technologies 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, FOM Technologies autocorrelation shows the relationship between FOM Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in FOM Technologies AS.
   Regressed Prices   
JavaScript chart by amCharts 3.21.152025FebMar6.06.57.07.58.08.59.0
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

Pair Trading with FOM Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FOM Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FOM Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against FOM Stock

  0.84SPNO Spar Nord BankPairCorr
  0.82NDA-DK Nordea Bank AbpPairCorr
  0.8CARL-B Carlsberg ASPairCorr
  0.77DANSKE Danske Bank ASPairCorr
  0.66JYSK Jyske Bank ASPairCorr
The ability to find closely correlated positions to FOM Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FOM Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FOM Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FOM Technologies AS to buy it.
The correlation of FOM Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FOM Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FOM Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FOM Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in FOM Stock

FOM Technologies financial ratios help investors to determine whether FOM Stock 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 FOM with respect to the benefits of owning FOM Technologies security.

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