FSN E (India) Market Value
| NYKAA Stock | 169.91 2.65 1.54% |
| Symbol | FSN |
FSN E '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 FSN E'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 FSN E.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in FSN E on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding FSN E Commerce Ventures or generate 0.0% return on investment in FSN E over 360 days. FSN E is related to or competes with Reliance Industries, HDFC Bank, Tata Consultancy, Bharti Airtel, State Bank, and ICICI Bank. FSN E is entity of India. It is traded as Stock on NSE exchange. More
FSN E 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 FSN E'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 FSN E Commerce Ventures upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 9.09 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 2.19 |
FSN E Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FSN E's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FSN E's standard deviation. In reality, there are many statistical measures that can use FSN E historical prices to predict the future FSN E's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (6.10) |
FSN E Commerce Backtested Returns
FSN E Commerce secures Sharpe Ratio (or Efficiency) of -0.19, which denotes the company had a -0.19% return per unit of risk over the last 3 months. FSN E Commerce Ventures exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FSN E's Standard Deviation of 1.57, coefficient of variation of (430.80), and Mean Deviation of 1.16 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0613, which means not very significant fluctuations relative to the market. As returns on the market increase, FSN E's returns are expected to increase less than the market. However, during the bear market, the loss of holding FSN E is expected to be smaller as well. At this point, FSN E Commerce has a negative expected return of -0.3%. Please make sure to confirm FSN E's maximum drawdown, kurtosis, day median price, as well as the relationship between the potential upside and daily balance of power , to decide if FSN E Commerce performance from the past will be repeated at future time.
Auto-correlation | -0.6 |
Good reverse predictability
FSN E Commerce Ventures has good reverse predictability. Overlapping area represents the amount of predictability between FSN E time series from 18th of December 2023 to 15th of June 2024 and 15th of June 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 FSN E Commerce price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current FSN E price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 212.43 |
FSN E Commerce lagged returns against current returns
Autocorrelation, which is FSN E 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 FSN E's stock expected returns. We can calculate the autocorrelation of FSN E returns to help us make a trade decision. For example, suppose you find that FSN E 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 |
FSN E 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 FSN E stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FSN E stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FSN E stock over time.
Current vs Lagged Prices |
| Timeline |
FSN E Lagged Returns
When evaluating FSN E's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FSN E stock have on its future price. FSN E 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, FSN E autocorrelation shows the relationship between FSN E stock current value and its past values and can show if there is a momentum factor associated with investing in FSN E Commerce Ventures.
Regressed Prices |
| Timeline |
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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 FSN Stock
FSN E financial ratios help investors to determine whether FSN 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 FSN with respect to the benefits of owning FSN E security.