Federal Signal (Germany) Market Value
| FSG Stock | EUR 90.50 1.00 1.09% |
| Symbol | Federal |
Federal Signal '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 Federal Signal'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 Federal Signal.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Federal Signal on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Federal Signal or generate 0.0% return on investment in Federal Signal over 720 days. Federal Signal is related to or competes with Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, Reliance Steel, RYOHIN UNSPADR1, Vanguard Funds, and Meli Hotels. Federal Signal Corporation, together with its subsidiaries, designs, manufactures, and supplies a suite of products and ... More
Federal Signal 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 Federal Signal'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 Federal Signal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.14 | |||
| Information Ratio | 0.1059 | |||
| Maximum Drawdown | 11.41 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 3.7 |
Federal Signal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Federal Signal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Federal Signal's standard deviation. In reality, there are many statistical measures that can use Federal Signal historical prices to predict the future Federal Signal's volatility.| Risk Adjusted Performance | 0.1192 | |||
| Jensen Alpha | 0.1381 | |||
| Total Risk Alpha | 0.053 | |||
| Sortino Ratio | 0.0998 | |||
| Treynor Ratio | 0.1653 |
Federal Signal Backtested Returns
Federal Signal appears to be very steady, given 3 months investment horizon. Federal Signal secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Federal Signal, which you can use to evaluate the volatility of the firm. Please utilize Federal Signal's Downside Deviation of 2.14, coefficient of variation of 642.99, and Mean Deviation of 1.34 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Federal Signal holds a performance score of 10. The firm shows a Beta (market volatility) of 1.84, 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, Federal Signal will likely underperform. Please check Federal Signal's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Federal Signal's price patterns will revert.
Auto-correlation | 0.76 |
Good predictability
Federal Signal has good predictability. Overlapping area represents the amount of predictability between Federal Signal time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 Federal Signal price movement. The serial correlation of 0.76 indicates that around 76.0% of current Federal Signal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 42.15 |
Federal Signal lagged returns against current returns
Autocorrelation, which is Federal Signal 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 Federal Signal's stock expected returns. We can calculate the autocorrelation of Federal Signal returns to help us make a trade decision. For example, suppose you find that Federal Signal 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 |
Federal Signal 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 Federal Signal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Federal Signal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Federal Signal stock over time.
Current vs Lagged Prices |
| Timeline |
Federal Signal Lagged Returns
When evaluating Federal Signal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Federal Signal stock have on its future price. Federal Signal 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, Federal Signal autocorrelation shows the relationship between Federal Signal stock current value and its past values and can show if there is a momentum factor associated with investing in Federal Signal.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Federal Stock
When determining whether Federal Signal is a strong investment it is important to analyze Federal Signal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Federal Signal's future performance. For an informed investment choice regarding Federal Stock, refer to the following important reports:Check out Federal Signal Correlation, Federal Signal Volatility and Federal Signal Alpha and Beta module to complement your research on Federal Signal. For more detail on how to invest in Federal Stock please use our How to Invest in Federal Signal guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Federal Signal technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.