Frontdoor (Germany) Market Value
| 3I5 Stock | EUR 54.00 1.50 2.70% |
| Symbol | Frontdoor |
Frontdoor '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 Frontdoor'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 Frontdoor.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Frontdoor on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Frontdoor or generate 0.0% return on investment in Frontdoor over 30 days. Frontdoor is related to or competes with Virtus Investment, Texas Roadhouse, COPLAND ROAD, Gold Road, Transport International, and Transportadora. frontdoor, inc. provides home service plans in the United States More
Frontdoor 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 Frontdoor'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 Frontdoor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | 0.1163 | |||
| Maximum Drawdown | 12.46 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 3.96 |
Frontdoor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Frontdoor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Frontdoor's standard deviation. In reality, there are many statistical measures that can use Frontdoor historical prices to predict the future Frontdoor's volatility.| Risk Adjusted Performance | 0.131 | |||
| Jensen Alpha | 0.2379 | |||
| Total Risk Alpha | 0.0202 | |||
| Sortino Ratio | 0.1352 | |||
| Treynor Ratio | 0.3144 |
Frontdoor Backtested Returns
Frontdoor appears to be very steady, given 3 months investment horizon. Frontdoor secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Frontdoor, which you can use to evaluate the volatility of the firm. Please utilize Frontdoor's Mean Deviation of 1.62, downside deviation of 1.92, and Coefficient Of Variation of 581.32 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Frontdoor holds a performance score of 13. The firm shows a Beta (market volatility) of 1.19, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Frontdoor will likely underperform. Please check Frontdoor's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Frontdoor's price patterns will revert.
Auto-correlation | -0.69 |
Very good reverse predictability
Frontdoor has very good reverse predictability. Overlapping area represents the amount of predictability between Frontdoor time series from 12th of November 2024 to 27th of November 2024 and 27th of November 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 Frontdoor price movement. The serial correlation of -0.69 indicates that around 69.0% of current Frontdoor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.45 |
Frontdoor lagged returns against current returns
Autocorrelation, which is Frontdoor 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 Frontdoor's stock expected returns. We can calculate the autocorrelation of Frontdoor returns to help us make a trade decision. For example, suppose you find that Frontdoor 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 |
Frontdoor 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 Frontdoor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Frontdoor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Frontdoor stock over time.
Current vs Lagged Prices |
| Timeline |
Frontdoor Lagged Returns
When evaluating Frontdoor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Frontdoor stock have on its future price. Frontdoor 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, Frontdoor autocorrelation shows the relationship between Frontdoor stock current value and its past values and can show if there is a momentum factor associated with investing in Frontdoor.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Frontdoor Stock
When determining whether Frontdoor is a strong investment it is important to analyze Frontdoor'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 Frontdoor's future performance. For an informed investment choice regarding Frontdoor Stock, refer to the following important reports:Check out Frontdoor Correlation, Frontdoor Volatility and Frontdoor Alpha and Beta module to complement your research on Frontdoor. For more detail on how to invest in Frontdoor Stock please use our How to Invest in Frontdoor guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Frontdoor 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.