Floor Decor (Germany) Market Value
| 1FD Stock | EUR 105.00 1.00 0.94% |
| Symbol | Floor |
Floor Decor '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 Floor Decor'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 Floor Decor.
| 06/07/2024 |
| 12/04/2024 |
If you would invest 0.00 in Floor Decor on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Floor Decor Holdings or generate 0.0% return on investment in Floor Decor over 180 days. Floor Decor is related to or competes with Home Depot, Home Depot, LESLIES INC, HORNBACH Baumarkt, TAIGA BUILDING, and MR BRICOLAGE. Floor Decor Holdings, Inc. operates as a multi-channel specialty retailer of hard surface flooring and related accessori... More
Floor Decor 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 Floor Decor'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 Floor Decor Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.97 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 14.15 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 4.28 |
Floor Decor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Floor Decor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Floor Decor's standard deviation. In reality, there are many statistical measures that can use Floor Decor historical prices to predict the future Floor Decor's volatility.| Risk Adjusted Performance | 0.0395 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0982 |
Floor Decor Holdings Backtested Returns
At this point, Floor Decor is very steady. Floor Decor Holdings secures Sharpe Ratio (or Efficiency) of 0.0791, which denotes the company had a 0.0791% return per unit of risk over the last 3 months. We have found thirty technical indicators for Floor Decor Holdings, which you can use to evaluate the volatility of the firm. Please confirm Floor Decor's Mean Deviation of 1.6, coefficient of variation of 2327.64, and Downside Deviation of 2.97 to check if the risk estimate we provide is consistent with the expected return of 0.18%. Floor Decor has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.92, which means possible diversification benefits within a given portfolio. Floor Decor returns are very sensitive to returns on the market. As the market goes up or down, Floor Decor is expected to follow. Floor Decor Holdings right now shows a risk of 2.32%. Please confirm Floor Decor Holdings standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Floor Decor Holdings will be following its price patterns.
Auto-correlation | 0.08 |
Virtually no predictability
Floor Decor Holdings has virtually no predictability. Overlapping area represents the amount of predictability between Floor Decor time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 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 Floor Decor Holdings price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Floor Decor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 27.81 |
Floor Decor Holdings lagged returns against current returns
Autocorrelation, which is Floor Decor 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 Floor Decor's stock expected returns. We can calculate the autocorrelation of Floor Decor returns to help us make a trade decision. For example, suppose you find that Floor Decor 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 |
Floor Decor 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 Floor Decor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Floor Decor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Floor Decor stock over time.
Current vs Lagged Prices |
| Timeline |
Floor Decor Lagged Returns
When evaluating Floor Decor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Floor Decor stock have on its future price. Floor Decor 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, Floor Decor autocorrelation shows the relationship between Floor Decor stock current value and its past values and can show if there is a momentum factor associated with investing in Floor Decor Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Floor Stock
When determining whether Floor Decor Holdings is a strong investment it is important to analyze Floor Decor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Floor Decor's future performance. For an informed investment choice regarding Floor Stock, refer to the following important reports:Check out Floor Decor Correlation, Floor Decor Volatility and Floor Decor Alpha and Beta module to complement your research on Floor Decor. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Floor Decor technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.