FIH MOBILE (Germany) Market Value
| FW3 Stock | EUR 0.11 0.00 0.00% |
| Symbol | FIH |
FIH MOBILE '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 FIH MOBILE'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 FIH MOBILE.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in FIH MOBILE on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding FIH MOBILE or generate 0.0% return on investment in FIH MOBILE over 60 days. FIH MOBILE is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
FIH MOBILE 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 FIH MOBILE'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 FIH MOBILE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1121 | |||
| Maximum Drawdown | 10.0 | |||
| Potential Upside | 1.02 |
FIH MOBILE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FIH MOBILE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FIH MOBILE's standard deviation. In reality, there are many statistical measures that can use FIH MOBILE historical prices to predict the future FIH MOBILE's volatility.| Risk Adjusted Performance | 0.1082 | |||
| Jensen Alpha | 0.1683 | |||
| Total Risk Alpha | 0.1454 | |||
| Treynor Ratio | (1.03) |
FIH MOBILE Backtested Returns
Currently, FIH MOBILE is out of control. FIH MOBILE secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of return volatility over the last 3 months. We have found seventeen technical indicators for FIH MOBILE, which you can use to evaluate the volatility of the firm. Please confirm FIH MOBILE's standard deviation of 1.37, and Mean Deviation of 0.4471 to check if the risk estimate we provide is consistent with the expected return of 0.17%. FIH MOBILE has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FIH MOBILE are expected to decrease at a much lower rate. During the bear market, FIH MOBILE is likely to outperform the market. FIH MOBILE at this time shows a risk of 1.43%. Please confirm FIH MOBILE variance, potential upside, day median price, as well as the relationship between the jensen alpha and kurtosis , to decide if FIH MOBILE will be following its price patterns.
Auto-correlation | 0.54 |
Modest predictability
FIH MOBILE has modest predictability. Overlapping area represents the amount of predictability between FIH MOBILE 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 FIH MOBILE price movement. The serial correlation of 0.54 indicates that about 54.0% of current FIH MOBILE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FIH MOBILE lagged returns against current returns
Autocorrelation, which is FIH MOBILE 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 FIH MOBILE's stock expected returns. We can calculate the autocorrelation of FIH MOBILE returns to help us make a trade decision. For example, suppose you find that FIH MOBILE 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 |
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FIH MOBILE 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 FIH MOBILE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FIH MOBILE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FIH MOBILE stock over time.
Current vs Lagged Prices |
| Timeline |
FIH MOBILE Lagged Returns
When evaluating FIH MOBILE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FIH MOBILE stock have on its future price. FIH MOBILE 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, FIH MOBILE autocorrelation shows the relationship between FIH MOBILE stock current value and its past values and can show if there is a momentum factor associated with investing in FIH MOBILE.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for FIH Stock Analysis
When running FIH MOBILE's price analysis, check to measure FIH MOBILE's 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 FIH MOBILE is operating at the current time. Most of FIH MOBILE's value examination focuses on studying past and present price action to predict the probability of FIH MOBILE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FIH MOBILE's price. Additionally, you may evaluate how the addition of FIH MOBILE to your portfolios can decrease your overall portfolio volatility.