Ferm Casino (France) Market Value
| FCMC Stock | EUR 1,480 30.00 2.07% |
| Symbol | Ferm |
Ferm Casino '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 Ferm Casino'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 Ferm Casino.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Ferm Casino on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Ferm Casino Mun or generate 0.0% return on investment in Ferm Casino over 720 days. Ferm Casino is related to or competes with Groupe Partouche, Bains Mer, Malteries Franco, Robertet, and Grard Perrier. Socit Fermire du Casino Municipal de Cannes operates casinos and hotels in France More
Ferm Casino 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 Ferm Casino'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 Ferm Casino Mun upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 10.33 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 1.91 |
Ferm Casino Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ferm Casino's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ferm Casino's standard deviation. In reality, there are many statistical measures that can use Ferm Casino historical prices to predict the future Ferm Casino's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 0.1717 |
Ferm Casino Mun Backtested Returns
Ferm Casino Mun secures Sharpe Ratio (or Efficiency) of -0.01, which denotes the company had a -0.01% return per unit of risk over the last 3 months. Ferm Casino Mun exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ferm Casino's Mean Deviation of 0.4622, variance of 1.59, and Standard Deviation of 1.26 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ferm Casino are expected to decrease at a much lower rate. During the bear market, Ferm Casino is likely to outperform the market. At this point, Ferm Casino Mun has a negative expected return of -0.0128%. Please make sure to confirm Ferm Casino's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Ferm Casino Mun performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Ferm Casino Mun has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Ferm Casino time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Ferm Casino Mun price movement. The serial correlation of -0.75 indicates that around 75.0% of current Ferm Casino price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 9252.16 |
Ferm Casino Mun lagged returns against current returns
Autocorrelation, which is Ferm Casino 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 Ferm Casino's stock expected returns. We can calculate the autocorrelation of Ferm Casino returns to help us make a trade decision. For example, suppose you find that Ferm Casino 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 |
Ferm Casino 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 Ferm Casino stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ferm Casino stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ferm Casino stock over time.
Current vs Lagged Prices |
| Timeline |
Ferm Casino Lagged Returns
When evaluating Ferm Casino's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ferm Casino stock have on its future price. Ferm Casino 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, Ferm Casino autocorrelation shows the relationship between Ferm Casino stock current value and its past values and can show if there is a momentum factor associated with investing in Ferm Casino Mun.
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 Ferm Stock
Ferm Casino financial ratios help investors to determine whether Ferm 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 Ferm with respect to the benefits of owning Ferm Casino security.