FB Financial (Germany) Market Value
| 2J2 Stock | EUR 49.60 7.80 18.66% |
| Symbol | 2J2 |
FB Financial '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 FB Financial'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 FB Financial.
| 07/23/2024 |
| 12/20/2024 |
If you would invest 0.00 in FB Financial on July 23, 2024 and sell it all today you would earn a total of 0.00 from holding FB Financial or generate 0.0% return on investment in FB Financial over 150 days. FB Financial is related to or competes with ALIOR BANK, COMINTL BANK, QBE Insurance, Webster Financial, Chiba Bank, CDN IMPERIAL, and Coor Service. FB Financial Corporation operates as a bank holding company for FirstBank that provides a suite of commercial and consum... More
FB Financial 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 FB Financial'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 FB Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.0 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.57 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 2.5 |
FB Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FB Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FB Financial's standard deviation. In reality, there are many statistical measures that can use FB Financial historical prices to predict the future FB Financial's volatility.| Risk Adjusted Performance | 0.0107 | |||
| Jensen Alpha | 0.0063 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.01) |
FB Financial Backtested Returns
FB Financial appears to be very steady, given 3 months investment horizon. FB Financial retains Efficiency (Sharpe Ratio) of 0.099, which denotes the company had a 0.099% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for FB Financial, which you can use to evaluate the volatility of the entity. Please utilize FB Financial's Downside Deviation of 2.0, standard deviation of 1.62, and Market Risk Adjusted Performance of 0.0037 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FB Financial holds a performance score of 7. The firm owns a Beta (Systematic Risk) of -0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FB Financial are expected to decrease at a much lower rate. During the bear market, FB Financial is likely to outperform the market. Please check FB Financial's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether FB Financial's current price history will revert.
Auto-correlation | -0.58 |
Good reverse predictability
FB Financial has good reverse predictability. Overlapping area represents the amount of predictability between FB Financial time series from 23rd of July 2024 to 6th of October 2024 and 6th of October 2024 to 20th 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 FB Financial price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current FB Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 2.7 |
FB Financial lagged returns against current returns
Autocorrelation, which is FB Financial 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 FB Financial's stock expected returns. We can calculate the autocorrelation of FB Financial returns to help us make a trade decision. For example, suppose you find that FB Financial 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 |
FB Financial 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 FB Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FB Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FB Financial stock over time.
Current vs Lagged Prices |
| Timeline |
FB Financial Lagged Returns
When evaluating FB Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FB Financial stock have on its future price. FB Financial 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, FB Financial autocorrelation shows the relationship between FB Financial stock current value and its past values and can show if there is a momentum factor associated with investing in FB Financial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in 2J2 Stock
FB Financial financial ratios help investors to determine whether 2J2 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 2J2 with respect to the benefits of owning FB Financial security.