FGV Holdings (Malaysia) Market Value
| 5222 Stock | 1.16 0.01 0.87% |
| Symbol | FGV |
FGV Holdings '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 FGV Holdings' 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 FGV Holdings.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in FGV Holdings on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding FGV Holdings Bhd or generate 0.0% return on investment in FGV Holdings over 30 days. FGV Holdings is related to or competes with British American, and FARM FRESH. More
FGV Holdings 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 FGV Holdings' 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 FGV Holdings Bhd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 16.91 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 3.36 |
FGV Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FGV Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FGV Holdings' standard deviation. In reality, there are many statistical measures that can use FGV Holdings historical prices to predict the future FGV Holdings' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 0.1495 |
FGV Holdings Bhd Backtested Returns
FGV Holdings Bhd secures Sharpe Ratio (or Efficiency) of -0.0082, which denotes the company had a -0.0082% return per unit of volatility over the last 3 months. FGV Holdings Bhd exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FGV Holdings' Mean Deviation of 1.39, market risk adjusted performance of 0.1595, and Standard Deviation of 2.28 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.48, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning FGV Holdings are expected to decrease at a much lower rate. During the bear market, FGV Holdings is likely to outperform the market. At this point, FGV Holdings Bhd has a negative expected return of -0.0176%. Please make sure to confirm FGV Holdings' treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if FGV Holdings Bhd performance from the past will be repeated at future time.
Auto-correlation | 0.22 |
Weak predictability
FGV Holdings Bhd has weak predictability. Overlapping area represents the amount of predictability between FGV Holdings time series from 4th of November 2024 to 19th of November 2024 and 19th of November 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 FGV Holdings Bhd price movement. The serial correlation of 0.22 indicates that over 22.0% of current FGV Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FGV Holdings Bhd lagged returns against current returns
Autocorrelation, which is FGV Holdings 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 FGV Holdings' stock expected returns. We can calculate the autocorrelation of FGV Holdings returns to help us make a trade decision. For example, suppose you find that FGV Holdings 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 |
FGV Holdings 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 FGV Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FGV Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FGV Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
FGV Holdings Lagged Returns
When evaluating FGV Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FGV Holdings stock have on its future price. FGV Holdings 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, FGV Holdings autocorrelation shows the relationship between FGV Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in FGV Holdings Bhd.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in FGV Stock
FGV Holdings financial ratios help investors to determine whether FGV 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 FGV with respect to the benefits of owning FGV Holdings security.