Fresh2 Group Market Value
| FRESDelisted Stock | 0.85 0.00 0.00% |
| Symbol | Fresh2 |
Fresh2 '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 Fresh2'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 Fresh2.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Fresh2 on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Fresh2 Group or generate 0.0% return on investment in Fresh2 over 60 days. Fresh2 is related to or competes with JD Sports, Apogee Enterprises, Hawkins, Torm PLC, Hudson Technologies, and Saia. More
Fresh2 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 Fresh2'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 Fresh2 Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 53.52 | |||
| Value At Risk | (15.74) | |||
| Potential Upside | 22.43 |
Fresh2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fresh2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fresh2's standard deviation. In reality, there are many statistical measures that can use Fresh2 historical prices to predict the future Fresh2's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fresh2's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fresh2 Group Backtested Returns
Fresh2 Group secures Sharpe Ratio (or Efficiency) of -0.0364, which denotes the company had a -0.0364% return per unit of risk over the last 3 months. Fresh2 Group exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fresh2's Variance of 90.53, mean deviation of 6.44, and Standard Deviation of 9.51 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.26, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fresh2 will likely underperform. At this point, Fresh2 Group has a negative expected return of -0.35%. Please make sure to confirm Fresh2's mean deviation, jensen alpha, as well as the relationship between the Jensen Alpha and kurtosis , to decide if Fresh2 Group performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.01 |
Very weak reverse predictability
Fresh2 Group has very weak reverse predictability. Overlapping area represents the amount of predictability between Fresh2 time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Fresh2 Group price movement. The serial correlation of -0.01 indicates that just 1.0% of current Fresh2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Fresh2 Group lagged returns against current returns
Autocorrelation, which is Fresh2 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 Fresh2's stock expected returns. We can calculate the autocorrelation of Fresh2 returns to help us make a trade decision. For example, suppose you find that Fresh2 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 |
Fresh2 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 Fresh2 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fresh2 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fresh2 stock over time.
Current vs Lagged Prices |
| Timeline |
Fresh2 Lagged Returns
When evaluating Fresh2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fresh2 stock have on its future price. Fresh2 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, Fresh2 autocorrelation shows the relationship between Fresh2 stock current value and its past values and can show if there is a momentum factor associated with investing in Fresh2 Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Fresh2 Correlation, Fresh2 Volatility and Fresh2 Alpha and Beta module to complement your research on Fresh2. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Consideration for investing in Fresh2 Stock
If you are still planning to invest in Fresh2 Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Fresh2's history and understand the potential risks before investing.
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