Fondia Oyj (Finland) Market Value

FONDIA Stock  EUR 5.05  0.05  0.98%   
Fondia Oyj's market value is the price at which a share of Fondia Oyj trades on a public exchange. It measures the collective expectations of Fondia Oyj investors about its performance. Fondia Oyj is trading at 5.05 as of the 4th of March 2025, a 0.98 percent decrease since the beginning of the trading day. The stock's open price was 5.1.
With this module, you can estimate the performance of a buy and hold strategy of Fondia Oyj and determine expected loss or profit from investing in Fondia Oyj over a given investment horizon. Check out Fondia Oyj Correlation, Fondia Oyj Volatility and Fondia Oyj Alpha and Beta module to complement your research on Fondia Oyj.
Symbol

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

Fondia Oyj '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 Fondia Oyj'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 Fondia Oyj.
0.00
03/15/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/04/2025
0.00
If you would invest  0.00  in Fondia Oyj on March 15, 2023 and sell it all today you would earn a total of 0.00 from holding Fondia Oyj or generate 0.0% return on investment in Fondia Oyj over 720 days. Fondia Oyj is related to or competes with Admicom Oyj, Talenom Oyj, Vincit Group, Harvia Oyj, and Remedy Entertainment. Fondia Oyj provides legal services primarily in Finland, Sweden, Estonia, and Lithuania More

Fondia Oyj 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 Fondia Oyj'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 Fondia Oyj upside and downside potential and time the market with a certain degree of confidence.

Fondia Oyj Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fondia Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fondia Oyj's standard deviation. In reality, there are many statistical measures that can use Fondia Oyj historical prices to predict the future Fondia Oyj's volatility.
Hype
Prediction
LowEstimatedHigh
2.745.107.46
Details
Intrinsic
Valuation
LowRealHigh
2.695.057.41
Details
Naive
Forecast
LowNextHigh
2.885.257.61
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4.584.945.30
Details

Fondia Oyj Backtested Returns

At this point, Fondia Oyj is slightly risky. Fondia Oyj secures Sharpe Ratio (or Efficiency) of 0.0348, which denotes the company had a 0.0348 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Fondia Oyj, which you can use to evaluate the volatility of the firm. Please confirm Fondia Oyj's Standard Deviation of 2.77, mean deviation of 1.84, and Variance of 7.7 to check if the risk estimate we provide is consistent with the expected return of 0.0824%. Fondia Oyj has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0913, which means not very significant fluctuations relative to the market. As returns on the market increase, Fondia Oyj's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fondia Oyj is expected to be smaller as well. Fondia Oyj right now shows a risk of 2.36%. Please confirm Fondia Oyj treynor ratio, as well as the relationship between the daily balance of power and price action indicator , to decide if Fondia Oyj will be following its price patterns.

Auto-correlation

    
  0.77  

Good predictability

Fondia Oyj has good predictability. Overlapping area represents the amount of predictability between Fondia Oyj time series from 15th of March 2023 to 9th of March 2024 and 9th of March 2024 to 4th 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 Fondia Oyj price movement. The serial correlation of 0.77 indicates that around 77.0% of current Fondia Oyj price fluctuation can be explain by its past prices.
Correlation Coefficient0.77
Spearman Rank Test0.78
Residual Average0.0
Price Variance0.47

Fondia Oyj lagged returns against current returns

Autocorrelation, which is Fondia Oyj 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 Fondia Oyj's stock expected returns. We can calculate the autocorrelation of Fondia Oyj returns to help us make a trade decision. For example, suppose you find that Fondia Oyj 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  

Fondia Oyj 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 Fondia Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fondia Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fondia Oyj stock over time.
   Current vs Lagged Prices   
       Timeline  

Fondia Oyj Lagged Returns

When evaluating Fondia Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fondia Oyj stock have on its future price. Fondia Oyj 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, Fondia Oyj autocorrelation shows the relationship between Fondia Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Fondia Oyj.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Fondia Stock

Fondia Oyj financial ratios help investors to determine whether Fondia 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 Fondia with respect to the benefits of owning Fondia Oyj security.