FleetPartners (Australia) Market Value
| FPR Stock | 3.04 0.06 1.94% |
| Symbol | FleetPartners |
FleetPartners '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 FleetPartners' 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 FleetPartners.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in FleetPartners on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding FleetPartners Group or generate 0.0% return on investment in FleetPartners over 30 days. FleetPartners is related to or competes with Centaurus Metals, Carlton Investments, Regal Investment, Microequities Asset, Diversified United, Sandon Capital, and Premier Investments. FleetPartners is entity of Australia. It is traded as Stock on AU exchange. More
FleetPartners 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 FleetPartners' 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 FleetPartners Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 8.36 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 3.03 |
FleetPartners Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FleetPartners' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FleetPartners' standard deviation. In reality, there are many statistical measures that can use FleetPartners historical prices to predict the future FleetPartners' volatility.| Risk Adjusted Performance | 0.0244 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1052 |
FleetPartners Group Backtested Returns
Currently, FleetPartners Group is slightly risky. FleetPartners Group secures Sharpe Ratio (or Efficiency) of 0.009, which denotes the company had a 0.009% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for FleetPartners Group, which you can use to evaluate the volatility of the firm. Please confirm FleetPartners' Downside Deviation of 1.74, mean deviation of 1.46, and Coefficient Of Variation of 3932.38 to check if the risk estimate we provide is consistent with the expected return of 0.0166%. The firm shows a Beta (market volatility) of 0.35, which means possible diversification benefits within a given portfolio. As returns on the market increase, FleetPartners' returns are expected to increase less than the market. However, during the bear market, the loss of holding FleetPartners is expected to be smaller as well. FleetPartners Group right now shows a risk of 1.84%. Please confirm FleetPartners Group coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if FleetPartners Group will be following its price patterns.
Auto-correlation | -0.51 |
Good reverse predictability
FleetPartners Group has good reverse predictability. Overlapping area represents the amount of predictability between FleetPartners time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 FleetPartners Group price movement. The serial correlation of -0.51 indicates that about 51.0% of current FleetPartners price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FleetPartners Group lagged returns against current returns
Autocorrelation, which is FleetPartners 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 FleetPartners' stock expected returns. We can calculate the autocorrelation of FleetPartners returns to help us make a trade decision. For example, suppose you find that FleetPartners 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 |
FleetPartners 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 FleetPartners stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FleetPartners stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FleetPartners stock over time.
Current vs Lagged Prices |
| Timeline |
FleetPartners Lagged Returns
When evaluating FleetPartners' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FleetPartners stock have on its future price. FleetPartners 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, FleetPartners autocorrelation shows the relationship between FleetPartners stock current value and its past values and can show if there is a momentum factor associated with investing in FleetPartners Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for FleetPartners Stock Analysis
When running FleetPartners' price analysis, check to measure FleetPartners' 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 FleetPartners is operating at the current time. Most of FleetPartners' value examination focuses on studying past and present price action to predict the probability of FleetPartners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FleetPartners' price. Additionally, you may evaluate how the addition of FleetPartners to your portfolios can decrease your overall portfolio volatility.