F SECURE (Finland) Market Value
| FSECURE Stock | 1.89 0.04 2.16% |
| Symbol | FSECURE |
F SECURE '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 F SECURE'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 F SECURE.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in F SECURE on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding F SECURE OYJ or generate 0.0% return on investment in F SECURE over 30 days. F SECURE is related to or competes with QPR Software, Nightingale Health, Detection Technology, and Nordea Bank. More
F SECURE 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 F SECURE'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 F SECURE OYJ upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 11.2 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 2.43 |
F SECURE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for F SECURE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as F SECURE's standard deviation. In reality, there are many statistical measures that can use F SECURE historical prices to predict the future F SECURE's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 1.29 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of F SECURE'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.
F SECURE OYJ Backtested Returns
F SECURE OYJ secures Sharpe Ratio (or Efficiency) of -0.0738, which denotes the company had a -0.0738% return per unit of volatility over the last 3 months. F SECURE OYJ exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm F SECURE's Market Risk Adjusted Performance of 1.3, standard deviation of 1.8, and Mean Deviation of 1.28 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning F SECURE are expected to decrease at a much lower rate. During the bear market, F SECURE is likely to outperform the market. At this point, F SECURE OYJ has a negative expected return of -0.13%. Please make sure to confirm F SECURE's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if F SECURE OYJ performance from the past will be repeated sooner or later.
Auto-correlation | -0.36 |
Poor reverse predictability
F SECURE OYJ has poor reverse predictability. Overlapping area represents the amount of predictability between F SECURE time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 F SECURE OYJ price movement. The serial correlation of -0.36 indicates that just about 36.0% of current F SECURE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
F SECURE OYJ lagged returns against current returns
Autocorrelation, which is F SECURE 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 F SECURE's stock expected returns. We can calculate the autocorrelation of F SECURE returns to help us make a trade decision. For example, suppose you find that F SECURE 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 |
F SECURE 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 F SECURE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if F SECURE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in F SECURE stock over time.
Current vs Lagged Prices |
| Timeline |
F SECURE Lagged Returns
When evaluating F SECURE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of F SECURE stock have on its future price. F SECURE 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, F SECURE autocorrelation shows the relationship between F SECURE stock current value and its past values and can show if there is a momentum factor associated with investing in F SECURE OYJ.
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 FSECURE Stock
F SECURE financial ratios help investors to determine whether FSECURE 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 FSECURE with respect to the benefits of owning F SECURE security.