FISH PAYK (Germany) Market Value
| FPLB Stock | EUR 17.40 0.10 0.58% |
| Symbol | FISH |
FISH PAYK '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 FISH PAYK'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 FISH PAYK.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in FISH PAYK on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding FISH PAYK HEALTH or generate 0.0% return on investment in FISH PAYK over 90 days. FISH PAYK is related to or competes with DEVRY EDUCATION, EMBARK EDUCATION, MICRONIC MYDATA, Cass Information, Data Modul, Data#3, and EEDUCATION ALBERT. More
FISH PAYK 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 FISH PAYK'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 FISH PAYK HEALTH upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.82 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 2.88 |
FISH PAYK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FISH PAYK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FISH PAYK's standard deviation. In reality, there are many statistical measures that can use FISH PAYK historical prices to predict the future FISH PAYK's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | 0.0125 | |||
| Treynor Ratio | 3.88 |
FISH PAYK HEALTH Backtested Returns
FISH PAYK HEALTH secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14 % return per unit of volatility over the last 3 months. FISH PAYK HEALTH exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FISH PAYK's Standard Deviation of 1.91, mean deviation of 1.43, and Market Risk Adjusted Performance of 3.89 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0583, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FISH PAYK are expected to decrease at a much lower rate. During the bear market, FISH PAYK is likely to outperform the market. At this point, FISH PAYK HEALTH has a negative expected return of -0.27%. Please make sure to confirm FISH PAYK's total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if FISH PAYK HEALTH performance from the past will be repeated at future time.
Auto-correlation | 0.26 |
Poor predictability
FISH PAYK HEALTH has poor predictability. Overlapping area represents the amount of predictability between FISH PAYK time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 FISH PAYK HEALTH price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current FISH PAYK price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
FISH PAYK HEALTH lagged returns against current returns
Autocorrelation, which is FISH PAYK 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 FISH PAYK's stock expected returns. We can calculate the autocorrelation of FISH PAYK returns to help us make a trade decision. For example, suppose you find that FISH PAYK 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 |
FISH PAYK 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 FISH PAYK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FISH PAYK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FISH PAYK stock over time.
Current vs Lagged Prices |
| Timeline |
FISH PAYK Lagged Returns
When evaluating FISH PAYK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FISH PAYK stock have on its future price. FISH PAYK 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, FISH PAYK autocorrelation shows the relationship between FISH PAYK stock current value and its past values and can show if there is a momentum factor associated with investing in FISH PAYK HEALTH.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in FISH Stock
FISH PAYK financial ratios help investors to determine whether FISH 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 FISH with respect to the benefits of owning FISH PAYK security.