Flutter Entertainment (Germany) Market Value
| PPB Stock | EUR 262.50 1.40 0.53% |
| Symbol | Flutter |
Flutter Entertainment '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 Flutter Entertainment'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 Flutter Entertainment.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Flutter Entertainment on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Flutter Entertainment PLC or generate 0.0% return on investment in Flutter Entertainment over 720 days. Flutter Entertainment is related to or competes with Evolution, Churchill Downs, Churchill Downs, Scientific Games, and International Game. Paddy Power Betfair plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the U... More
Flutter Entertainment 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 Flutter Entertainment'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 Flutter Entertainment PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.1702 | |||
| Maximum Drawdown | 12.89 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 4.96 |
Flutter Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flutter Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flutter Entertainment's standard deviation. In reality, there are many statistical measures that can use Flutter Entertainment historical prices to predict the future Flutter Entertainment's volatility.| Risk Adjusted Performance | 0.1729 | |||
| Jensen Alpha | 0.4746 | |||
| Total Risk Alpha | 0.1861 | |||
| Sortino Ratio | 0.2254 | |||
| Treynor Ratio | 1.53 |
Flutter Entertainment PLC Backtested Returns
Flutter Entertainment appears to be very steady, given 3 months investment horizon. Flutter Entertainment PLC secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22% return per unit of risk over the last 3 months. By reviewing Flutter Entertainment's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Flutter Entertainment's Downside Deviation of 1.8, mean deviation of 1.78, and Coefficient Of Variation of 459.34 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Flutter Entertainment holds a performance score of 17. The firm shows a Beta (market volatility) of 0.33, which means possible diversification benefits within a given portfolio. As returns on the market increase, Flutter Entertainment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Flutter Entertainment is expected to be smaller as well. Please check Flutter Entertainment's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Flutter Entertainment's price patterns will revert.
Auto-correlation | -0.24 |
Weak reverse predictability
Flutter Entertainment PLC has weak reverse predictability. Overlapping area represents the amount of predictability between Flutter Entertainment time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Flutter Entertainment PLC price movement. The serial correlation of -0.24 indicates that over 24.0% of current Flutter Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 584.64 |
Flutter Entertainment PLC lagged returns against current returns
Autocorrelation, which is Flutter Entertainment 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 Flutter Entertainment's stock expected returns. We can calculate the autocorrelation of Flutter Entertainment returns to help us make a trade decision. For example, suppose you find that Flutter Entertainment 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 |
Flutter Entertainment 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 Flutter Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flutter Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Flutter Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
Flutter Entertainment Lagged Returns
When evaluating Flutter Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flutter Entertainment stock have on its future price. Flutter Entertainment 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, Flutter Entertainment autocorrelation shows the relationship between Flutter Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in Flutter Entertainment PLC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Flutter Stock
Flutter Entertainment financial ratios help investors to determine whether Flutter 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 Flutter with respect to the benefits of owning Flutter Entertainment security.