FNP Technologies (France) Market Value
| MLFNP Stock | 0.06 0.00 0.00% |
| Symbol | FNP |
FNP Technologies '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 FNP Technologies' 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 FNP Technologies.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in FNP Technologies on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding FNP Technologies SA or generate 0.0% return on investment in FNP Technologies over 30 days. FNP Technologies is related to or competes with Marie Brizard, Invibes Advertising, ZCCM Investments, Technip Energies, Bilendi, and Eutelsat Communications. More
FNP Technologies 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 FNP Technologies' 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 FNP Technologies SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 14.29 |
FNP Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FNP Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FNP Technologies' standard deviation. In reality, there are many statistical measures that can use FNP Technologies historical prices to predict the future FNP Technologies' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 0.5965 |
FNP Technologies Backtested Returns
FNP Technologies secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of volatility over the last 3 months. FNP Technologies SA exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FNP Technologies' Standard Deviation of 1.76, mean deviation of 0.4263, and Market Risk Adjusted Performance of 0.6065 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.38, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning FNP Technologies are expected to decrease at a much lower rate. During the bear market, FNP Technologies is likely to outperform the market. At this point, FNP Technologies has a negative expected return of -0.22%. Please make sure to confirm FNP Technologies' treynor ratio and day median price , to decide if FNP Technologies performance from the past will be repeated at future time.
Auto-correlation | 0.00 |
No correlation between past and present
FNP Technologies SA has no correlation between past and present. Overlapping area represents the amount of predictability between FNP Technologies 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 FNP Technologies price movement. The serial correlation of 0.0 indicates that just 0.0% of current FNP Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FNP Technologies lagged returns against current returns
Autocorrelation, which is FNP Technologies 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 FNP Technologies' stock expected returns. We can calculate the autocorrelation of FNP Technologies returns to help us make a trade decision. For example, suppose you find that FNP Technologies 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 |
FNP Technologies 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 FNP Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FNP Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FNP Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
FNP Technologies Lagged Returns
When evaluating FNP Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FNP Technologies stock have on its future price. FNP Technologies 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, FNP Technologies autocorrelation shows the relationship between FNP Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in FNP Technologies SA.
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.Additional Tools for FNP Stock Analysis
When running FNP Technologies' price analysis, check to measure FNP Technologies' 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 FNP Technologies is operating at the current time. Most of FNP Technologies' value examination focuses on studying past and present price action to predict the probability of FNP Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FNP Technologies' price. Additionally, you may evaluate how the addition of FNP Technologies to your portfolios can decrease your overall portfolio volatility.