FormPipe Software (Sweden) Market Value
| FPIP Stock | SEK 25.90 1.00 4.02% |
| Symbol | FormPipe |
FormPipe Software '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 FormPipe Software'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 FormPipe Software.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in FormPipe Software on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding FormPipe Software AB or generate 0.0% return on investment in FormPipe Software over 30 days. FormPipe Software is related to or competes with Novotek AB, Addnode Group, Softronic, and CTT Systems. Formpipe Software AB , a software company, develops and provides enterprise content management software and solutions in... More
FormPipe Software 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 FormPipe Software'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 FormPipe Software AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.03 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 12.02 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 4.02 |
FormPipe Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FormPipe Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FormPipe Software's standard deviation. In reality, there are many statistical measures that can use FormPipe Software historical prices to predict the future FormPipe Software's volatility.| Risk Adjusted Performance | 0.0139 | |||
| Jensen Alpha | 0.013 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.72) |
FormPipe Software Backtested Returns
Currently, FormPipe Software AB is not too volatile. FormPipe Software secures Sharpe Ratio (or Efficiency) of 0.0043, which denotes the company had a 0.0043% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for FormPipe Software AB, which you can use to evaluate the volatility of the firm. Please confirm FormPipe Software's Downside Deviation of 2.03, coefficient of variation of 10405.76, and Mean Deviation of 1.62 to check if the risk estimate we provide is consistent with the expected return of 0.0095%. The firm shows a Beta (market volatility) of -0.0153, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FormPipe Software are expected to decrease at a much lower rate. During the bear market, FormPipe Software is likely to outperform the market. FormPipe Software right now shows a risk of 2.21%. Please confirm FormPipe Software total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if FormPipe Software will be following its price patterns.
Auto-correlation | 0.12 |
Insignificant predictability
FormPipe Software AB has insignificant predictability. Overlapping area represents the amount of predictability between FormPipe Software time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 FormPipe Software price movement. The serial correlation of 0.12 indicates that less than 12.0% of current FormPipe Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
FormPipe Software lagged returns against current returns
Autocorrelation, which is FormPipe Software 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 FormPipe Software's stock expected returns. We can calculate the autocorrelation of FormPipe Software returns to help us make a trade decision. For example, suppose you find that FormPipe Software 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 |
FormPipe Software 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 FormPipe Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FormPipe Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FormPipe Software stock over time.
Current vs Lagged Prices |
| Timeline |
FormPipe Software Lagged Returns
When evaluating FormPipe Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FormPipe Software stock have on its future price. FormPipe Software 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, FormPipe Software autocorrelation shows the relationship between FormPipe Software stock current value and its past values and can show if there is a momentum factor associated with investing in FormPipe Software AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for FormPipe Stock Analysis
When running FormPipe Software's price analysis, check to measure FormPipe Software'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 FormPipe Software is operating at the current time. Most of FormPipe Software's value examination focuses on studying past and present price action to predict the probability of FormPipe Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FormPipe Software's price. Additionally, you may evaluate how the addition of FormPipe Software to your portfolios can decrease your overall portfolio volatility.