Fukuoka Financial (Germany) Market Value
| 4FK Stock | EUR 25.40 0.20 0.78% |
| Symbol | Fukuoka |
Fukuoka 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 Fukuoka 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 Fukuoka Financial.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Fukuoka Financial on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Fukuoka Financial Group or generate 0.0% return on investment in Fukuoka Financial over 30 days. Fukuoka Financial is related to or competes with UNICREDIT SPA, Deutsche Bank, Superior Plus, Origin Agritech, Identiv, INTUITIVE SURGICAL, and Intel. Fukuoka Financial Group, Inc., through its subsidiaries, provides banking services More
Fukuoka 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 Fukuoka 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 Fukuoka Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.98 | |||
| Information Ratio | 0.0013 | |||
| Maximum Drawdown | 7.28 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 2.73 |
Fukuoka Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fukuoka Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fukuoka Financial's standard deviation. In reality, there are many statistical measures that can use Fukuoka Financial historical prices to predict the future Fukuoka Financial's volatility.| Risk Adjusted Performance | 0.0593 | |||
| Jensen Alpha | 0.028 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0012 | |||
| Treynor Ratio | 0.1513 |
Fukuoka Financial Backtested Returns
At this point, Fukuoka Financial is very steady. Fukuoka Financial secures Sharpe Ratio (or Efficiency) of 0.0711, which denotes the company had a 0.0711% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fukuoka Financial Group, which you can use to evaluate the volatility of the firm. Please confirm Fukuoka Financial's Mean Deviation of 1.37, downside deviation of 1.98, and Coefficient Of Variation of 1431.98 to check if the risk estimate we provide is consistent with the expected return of 0.13%. Fukuoka Financial has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.78, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fukuoka Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fukuoka Financial is expected to be smaller as well. Fukuoka Financial right now shows a risk of 1.85%. Please confirm Fukuoka Financial coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to decide if Fukuoka Financial will be following its price patterns.
Auto-correlation | 0.64 |
Good predictability
Fukuoka Financial Group has good predictability. Overlapping area represents the amount of predictability between Fukuoka Financial time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Fukuoka Financial price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Fukuoka Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Fukuoka Financial lagged returns against current returns
Autocorrelation, which is Fukuoka 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 Fukuoka Financial's stock expected returns. We can calculate the autocorrelation of Fukuoka Financial returns to help us make a trade decision. For example, suppose you find that Fukuoka 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 |
Fukuoka 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 Fukuoka Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fukuoka Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fukuoka Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Fukuoka Financial Lagged Returns
When evaluating Fukuoka Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fukuoka Financial stock have on its future price. Fukuoka 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, Fukuoka Financial autocorrelation shows the relationship between Fukuoka Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Fukuoka Financial Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Fukuoka Stock
Fukuoka Financial financial ratios help investors to determine whether Fukuoka 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 Fukuoka with respect to the benefits of owning Fukuoka Financial security.