FCS Software (India) Market Value
| FCSSOFT Stock | 3.59 0.04 1.13% |
| Symbol | FCS |
FCS Software '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 FCS Software'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 FCS Software.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in FCS Software on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding FCS Software Solutions or generate 0.0% return on investment in FCS Software over 270 days. FCS Software is related to or competes with Welspun Investments, AUTHUM INVESTMENT, SIL Investments, HDFC Life, Dhunseri Investments, and Jindal Poly. FCS Software is entity of India. It is traded as Stock on NSE exchange. More
FCS Software 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 FCS Software'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 FCS Software Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 16.67 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 5.52 |
FCS Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FCS Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FCS Software's standard deviation. In reality, there are many statistical measures that can use FCS Software historical prices to predict the future FCS Software's volatility.| Risk Adjusted Performance | 0.0013 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.21) |
FCS Software Solutions Backtested Returns
FCS Software Solutions secures Sharpe Ratio (or Efficiency) of -0.0043, which denotes the company had a -0.0043% return per unit of volatility over the last 3 months. FCS Software Solutions exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FCS Software's Market Risk Adjusted Performance of (0.20), mean deviation of 1.92, and Standard Deviation of 2.98 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, FCS Software's returns are expected to increase less than the market. However, during the bear market, the loss of holding FCS Software is expected to be smaller as well. At this point, FCS Software Solutions has a negative expected return of -0.0129%. Please make sure to confirm FCS Software's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if FCS Software Solutions performance from the past will be repeated in the future.
Auto-correlation | 0.48 |
Average predictability
FCS Software Solutions has average predictability. Overlapping area represents the amount of predictability between FCS Software time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 FCS Software Solutions price movement. The serial correlation of 0.48 indicates that about 48.0% of current FCS Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
FCS Software Solutions lagged returns against current returns
Autocorrelation, which is FCS Software 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 FCS Software's stock expected returns. We can calculate the autocorrelation of FCS Software returns to help us make a trade decision. For example, suppose you find that FCS Software 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 |
FCS Software 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 FCS Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FCS Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FCS Software stock over time.
Current vs Lagged Prices |
| Timeline |
FCS Software Lagged Returns
When evaluating FCS Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FCS Software stock have on its future price. FCS Software 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, FCS Software autocorrelation shows the relationship between FCS Software stock current value and its past values and can show if there is a momentum factor associated with investing in FCS Software Solutions.
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.Additional Tools for FCS Stock Analysis
When running FCS Software's price analysis, check to measure FCS Software'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 FCS Software is operating at the current time. Most of FCS Software's value examination focuses on studying past and present price action to predict the probability of FCS Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FCS Software's price. Additionally, you may evaluate how the addition of FCS Software to your portfolios can decrease your overall portfolio volatility.