Fidelity China (UK) Market Value
| FCSS Stock | 209.50 2.00 0.96% |
| Symbol | Fidelity |
Fidelity China '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 Fidelity China'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 Fidelity China.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Fidelity China on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Fidelity China Special or generate 0.0% return on investment in Fidelity China over 540 days. Fidelity China is related to or competes with LBG Media, Flutter Entertainment, Synthomer Plc, Catalyst Media, Intermediate Capital, Zinc Media, and Bet At. More
Fidelity China 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 Fidelity China'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 Fidelity China Special upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.51 | |||
| Information Ratio | 0.052 | |||
| Maximum Drawdown | 15.81 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 4.78 |
Fidelity China Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity China's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity China's standard deviation. In reality, there are many statistical measures that can use Fidelity China historical prices to predict the future Fidelity China's volatility.| Risk Adjusted Performance | 0.0896 | |||
| Jensen Alpha | 0.2826 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0507 | |||
| Treynor Ratio | (1.17) |
Fidelity China Special Backtested Returns
Fidelity China appears to be very steady, given 3 months investment horizon. Fidelity China Special secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fidelity China Special, which you can use to evaluate the volatility of the firm. Please utilize Fidelity China's Downside Deviation of 2.51, mean deviation of 1.66, and Coefficient Of Variation of 924.4 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fidelity China holds a performance score of 8. The firm shows a Beta (market volatility) of -0.22, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fidelity China are expected to decrease at a much lower rate. During the bear market, Fidelity China is likely to outperform the market. Please check Fidelity China's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Fidelity China's price patterns will revert.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Fidelity China Special has insignificant reverse predictability. Overlapping area represents the amount of predictability between Fidelity China time series from 9th of June 2023 to 5th of March 2024 and 5th of March 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 Fidelity China Special price movement. The serial correlation of -0.19 indicates that over 19.0% of current Fidelity China price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 280.13 |
Fidelity China Special lagged returns against current returns
Autocorrelation, which is Fidelity China 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 Fidelity China's stock expected returns. We can calculate the autocorrelation of Fidelity China returns to help us make a trade decision. For example, suppose you find that Fidelity China 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 |
Fidelity China 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 Fidelity China stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity China stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fidelity China stock over time.
Current vs Lagged Prices |
| Timeline |
Fidelity China Lagged Returns
When evaluating Fidelity China's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity China stock have on its future price. Fidelity China 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, Fidelity China autocorrelation shows the relationship between Fidelity China stock current value and its past values and can show if there is a momentum factor associated with investing in Fidelity China Special.
Regressed Prices |
| Timeline |
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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.Additional Tools for Fidelity Stock Analysis
When running Fidelity China's price analysis, check to measure Fidelity China's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fidelity China is operating at the current time. Most of Fidelity China's value examination focuses on studying past and present price action to predict the probability of Fidelity China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity China's price. Additionally, you may evaluate how the addition of Fidelity China to your portfolios can decrease your overall portfolio volatility.