Foodlink (Greece) Market Value
| FOODL Stock | EUR 0.42 0.01 2.44% |
| Symbol | Foodlink |
Foodlink '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 Foodlink'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 Foodlink.
| 12/17/2023 |
| 12/11/2024 |
If you would invest 0.00 in Foodlink on December 17, 2023 and sell it all today you would earn a total of 0.00 from holding Foodlink AE or generate 0.0% return on investment in Foodlink over 360 days. Foodlink is related to or competes with Frigoglass SAIC, Autohellas, Public Power, Intralot, and Profile Systems. Foodlink A.E. primarily provides integrated logistics servicesendto-end supply chain solutions More
Foodlink 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 Foodlink'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 Foodlink AE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.52 | |||
| Information Ratio | 0.0388 | |||
| Maximum Drawdown | 16.67 | |||
| Value At Risk | (5.41) | |||
| Potential Upside | 5.71 |
Foodlink Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Foodlink's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Foodlink's standard deviation. In reality, there are many statistical measures that can use Foodlink historical prices to predict the future Foodlink's volatility.| Risk Adjusted Performance | 0.0646 | |||
| Jensen Alpha | 0.3751 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0267 | |||
| Treynor Ratio | (0.19) |
Foodlink AE Backtested Returns
Foodlink appears to be out of control, given 3 months investment horizon. Foodlink AE secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Foodlink AE, which you can use to evaluate the volatility of the firm. Please utilize Foodlink's Downside Deviation of 4.52, mean deviation of 2.24, and Coefficient Of Variation of 1268.53 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Foodlink holds a performance score of 8. The firm shows a Beta (market volatility) of -1.22, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Foodlink are expected to decrease by larger amounts. On the other hand, during market turmoil, Foodlink is expected to outperform it. Please check Foodlink's sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to make a quick decision on whether Foodlink's price patterns will revert.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Foodlink AE has insignificant reverse predictability. Overlapping area represents the amount of predictability between Foodlink time series from 17th of December 2023 to 14th of June 2024 and 14th of June 2024 to 11th 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 Foodlink AE price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Foodlink price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Foodlink AE lagged returns against current returns
Autocorrelation, which is Foodlink 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 Foodlink's stock expected returns. We can calculate the autocorrelation of Foodlink returns to help us make a trade decision. For example, suppose you find that Foodlink 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 |
Foodlink 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 Foodlink stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Foodlink stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Foodlink stock over time.
Current vs Lagged Prices |
| Timeline |
Foodlink Lagged Returns
When evaluating Foodlink's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Foodlink stock have on its future price. Foodlink 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, Foodlink autocorrelation shows the relationship between Foodlink stock current value and its past values and can show if there is a momentum factor associated with investing in Foodlink AE.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Foodlink Stock
Foodlink financial ratios help investors to determine whether Foodlink 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 Foodlink with respect to the benefits of owning Foodlink security.