FMS Enterprises (Israel) Market Value
| FBRT Stock | ILS 14,260 130.00 0.92% |
| Symbol | FMS |
FMS Enterprises '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 FMS Enterprises' 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 FMS Enterprises.
| 02/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in FMS Enterprises on February 9, 2023 and sell it all today you would earn a total of 0.00 from holding FMS Enterprises Migun or generate 0.0% return on investment in FMS Enterprises over 660 days. FMS Enterprises is related to or competes with Delek Automotive, Alony Hetz, Elbit Systems, First International, and Electra. FMS Enterprises Migun Ltd. manufactures and sells ballistic protection raw materials and products worldwide More
FMS Enterprises 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 FMS Enterprises' 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 FMS Enterprises Migun upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.83 | |||
| Information Ratio | (0.0004) | |||
| Maximum Drawdown | 12.35 | |||
| Value At Risk | (4.19) | |||
| Potential Upside | 3.71 |
FMS Enterprises Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FMS Enterprises' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FMS Enterprises' standard deviation. In reality, there are many statistical measures that can use FMS Enterprises historical prices to predict the future FMS Enterprises' volatility.| Risk Adjusted Performance | 0.0489 | |||
| Jensen Alpha | 0.1116 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.0004) | |||
| Treynor Ratio | 1.08 |
FMS Enterprises Migun Backtested Returns
FMS Enterprises appears to be very steady, given 3 months investment horizon. FMS Enterprises Migun secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of volatility over the last 3 months. We have found thirty technical indicators for FMS Enterprises Migun, which you can use to evaluate the volatility of the firm. Please utilize FMS Enterprises' Downside Deviation of 2.83, market risk adjusted performance of 1.09, and Mean Deviation of 1.81 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FMS Enterprises holds a performance score of 9. The firm shows a Beta (market volatility) of 0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, FMS Enterprises' returns are expected to increase less than the market. However, during the bear market, the loss of holding FMS Enterprises is expected to be smaller as well. Please check FMS Enterprises' treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether FMS Enterprises' price patterns will revert.
Auto-correlation | -0.1 |
Very weak reverse predictability
FMS Enterprises Migun has very weak reverse predictability. Overlapping area represents the amount of predictability between FMS Enterprises time series from 9th of February 2023 to 5th of January 2024 and 5th of January 2024 to 30th 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 FMS Enterprises Migun price movement. The serial correlation of -0.1 indicates that less than 10.0% of current FMS Enterprises price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 1.2 M |
FMS Enterprises Migun lagged returns against current returns
Autocorrelation, which is FMS Enterprises 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 FMS Enterprises' stock expected returns. We can calculate the autocorrelation of FMS Enterprises returns to help us make a trade decision. For example, suppose you find that FMS Enterprises 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 |
FMS Enterprises 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 FMS Enterprises stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FMS Enterprises stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FMS Enterprises stock over time.
Current vs Lagged Prices |
| Timeline |
FMS Enterprises Lagged Returns
When evaluating FMS Enterprises' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FMS Enterprises stock have on its future price. FMS Enterprises 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, FMS Enterprises autocorrelation shows the relationship between FMS Enterprises stock current value and its past values and can show if there is a momentum factor associated with investing in FMS Enterprises Migun.
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 FMS Stock
FMS Enterprises financial ratios help investors to determine whether FMS 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 FMS with respect to the benefits of owning FMS Enterprises security.