First Sensor's market value is the price at which a share of First Sensor trades on a public exchange. It measures the collective expectations of First Sensor AG investors about its performance. First Sensor is trading at 59.20 as of the 8th of January 2025. This is a 0.67 percent decrease since the beginning of the trading day. The stock's lowest day price was 59.2. With this module, you can estimate the performance of a buy and hold strategy of First Sensor AG and determine expected loss or profit from investing in First Sensor over a given investment horizon. Check out First Sensor Correlation, First Sensor Volatility and First Sensor Alpha and Beta module to complement your research on First Sensor.
Please note, there is a significant difference between First Sensor's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Sensor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Sensor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
First Sensor '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 First Sensor'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 First Sensor.
0.00
12/09/2024
No Change 0.00
0.0
In 30 days
01/08/2025
0.00
If you would invest 0.00 in First Sensor on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding First Sensor AG or generate 0.0% return on investment in First Sensor over 30 days. First Sensor is related to or competes with Computershare, SOGECLAIR, Ryanair Holdings, Rocket Internet, COMPUTERSHARE, Air New, and Liberty Broadband. First Sensor AG develops, produces, and sells sensor chips, sensor components, sensors, and sensor systems for industria... More
First Sensor 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 First Sensor'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 First Sensor AG upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Sensor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Sensor's standard deviation. In reality, there are many statistical measures that can use First Sensor historical prices to predict the future First Sensor's volatility.
First Sensor AG secures Sharpe Ratio (or Efficiency) of -0.0143, which denotes the company had a -0.0143% return per unit of risk over the last 3 months. First Sensor AG exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Sensor's Standard Deviation of 0.9336, variance of 0.8716, and Mean Deviation of 0.6987 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0527, which means not very significant fluctuations relative to the market. As returns on the market increase, First Sensor's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Sensor is expected to be smaller as well. At this point, First Sensor AG has a negative expected return of -0.013%. Please make sure to confirm First Sensor's potential upside, rate of daily change, period momentum indicator, as well as the relationship between the kurtosis and day typical price , to decide if First Sensor AG performance from the past will be repeated at some point in the near future.
Auto-correlation
0.51
Modest predictability
First Sensor AG has modest predictability. Overlapping area represents the amount of predictability between First Sensor time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th 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 First Sensor AG price movement. The serial correlation of 0.51 indicates that about 51.0% of current First Sensor price fluctuation can be explain by its past prices.
Correlation Coefficient
0.51
Spearman Rank Test
-0.03
Residual Average
0.0
Price Variance
0.56
First Sensor AG lagged returns against current returns
Autocorrelation, which is First Sensor 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 First Sensor's stock expected returns. We can calculate the autocorrelation of First Sensor returns to help us make a trade decision. For example, suppose you find that First Sensor 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
First Sensor 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 First Sensor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Sensor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Sensor stock over time.
Current vs Lagged Prices
Timeline
First Sensor Lagged Returns
When evaluating First Sensor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Sensor stock have on its future price. First Sensor 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, First Sensor autocorrelation shows the relationship between First Sensor stock current value and its past values and can show if there is a momentum factor associated with investing in First Sensor AG.
First Sensor financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First Sensor security.