Fenbo Holdings Limited Stock Market Value
| FEBO Stock | 2.19 0.06 2.82% |
| Symbol | Fenbo |
Fenbo Holdings Price To Book Ratio
Is Household Appliances space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fenbo Holdings. If investors know Fenbo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fenbo Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 12.006 | Quarterly Revenue Growth 0.142 | Return On Assets (0.02) | Return On Equity (0.08) |
The market value of Fenbo Holdings is measured differently than its book value, which is the value of Fenbo that is recorded on the company's balance sheet. Investors also form their own opinion of Fenbo Holdings' value that differs from its market value or its book value, called intrinsic value, which is Fenbo Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fenbo Holdings' market value can be influenced by many factors that don't directly affect Fenbo Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fenbo Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fenbo Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fenbo Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Fenbo 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 Fenbo 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 Fenbo Holdings.
| 12/02/2022 |
| 11/21/2024 |
If you would invest 0.00 in Fenbo Holdings on December 2, 2022 and sell it all today you would earn a total of 0.00 from holding Fenbo Holdings Limited or generate 0.0% return on investment in Fenbo Holdings over 720 days. Fenbo Holdings is related to or competes with SFL, United Guardian, Eldorado Gold, Acme United, Skechers USA, Sandstorm Gold, and Newell Brands. Fenbo Holdings is entity of United States More
Fenbo 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 Fenbo 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 Fenbo Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 53.04 | |||
| Value At Risk | (16.49) | |||
| Potential Upside | 17.46 |
Fenbo Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fenbo Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fenbo Holdings' standard deviation. In reality, there are many statistical measures that can use Fenbo Holdings historical prices to predict the future Fenbo Holdings' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (1.00) | |||
| Total Risk Alpha | (2.14) | |||
| Treynor Ratio | (2.22) |
Fenbo Holdings Backtested Returns
Fenbo Holdings secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of risk over the last 3 months. Fenbo Holdings Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fenbo Holdings' Mean Deviation of 7.69, standard deviation of 10.42, and Variance of 108.62 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.43, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fenbo Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Fenbo Holdings is expected to be smaller as well. At this point, Fenbo Holdings has a negative expected return of -1.28%. Please make sure to confirm Fenbo Holdings' accumulation distribution, and the relationship between the value at risk and day typical price , to decide if Fenbo Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Fenbo Holdings Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Fenbo Holdings time series from 2nd of December 2022 to 27th of November 2023 and 27th of November 2023 to 21st 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 Fenbo Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current Fenbo Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fenbo Holdings lagged returns against current returns
Autocorrelation, which is Fenbo 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 Fenbo Holdings' stock expected returns. We can calculate the autocorrelation of Fenbo Holdings returns to help us make a trade decision. For example, suppose you find that Fenbo 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 |
Fenbo 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 Fenbo Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fenbo Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fenbo Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Fenbo Holdings Lagged Returns
When evaluating Fenbo Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fenbo Holdings stock have on its future price. Fenbo 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, Fenbo Holdings autocorrelation shows the relationship between Fenbo Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Fenbo Holdings Limited.
Regressed Prices |
| Timeline |
Pair Trading with Fenbo Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fenbo Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fenbo Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Fenbo Stock
| 0.91 | AS | Amer Sports, Upward Rally | PairCorr |
| 0.87 | VSTO | Vista Outdoor | PairCorr |
| 0.83 | RL | Ralph Lauren Corp | PairCorr |
| 0.81 | DOGZ | Dogness International | PairCorr |
| 0.71 | UA | Under Armour C | PairCorr |
The ability to find closely correlated positions to Fenbo Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fenbo Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fenbo Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fenbo Holdings Limited to buy it.
The correlation of Fenbo Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fenbo Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fenbo Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fenbo Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Fenbo Holdings Correlation, Fenbo Holdings Volatility and Fenbo Holdings Alpha and Beta module to complement your research on Fenbo Holdings. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Fenbo Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.