Fast Ejendom (Denmark) Market Value
| FED Stock | DKK 116.00 1.00 0.85% |
| Symbol | Fast |
Fast Ejendom '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 Fast Ejendom'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 Fast Ejendom.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Fast Ejendom on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Fast Ejendom or generate 0.0% return on investment in Fast Ejendom over 30 days. Fast Ejendom is related to or competes with Jeudan, Copenhagen Capital, Cemat AS, and Movinn AS. Fast Ejendom Denmark is a real estate investment firm specializing in commercial and residential properties More
Fast Ejendom 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 Fast Ejendom'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 Fast Ejendom upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.78 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.05 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 2.59 |
Fast Ejendom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fast Ejendom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fast Ejendom's standard deviation. In reality, there are many statistical measures that can use Fast Ejendom historical prices to predict the future Fast Ejendom's volatility.| Risk Adjusted Performance | 0.0315 | |||
| Jensen Alpha | 0.0532 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.31) |
Fast Ejendom Backtested Returns
As of now, Fast Stock is very steady. Fast Ejendom secures Sharpe Ratio (or Efficiency) of 0.0267, which denotes the company had a 0.0267% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fast Ejendom, which you can use to evaluate the volatility of the firm. Please confirm Fast Ejendom's Coefficient Of Variation of 2816.24, downside deviation of 1.78, and Mean Deviation of 0.9489 to check if the risk estimate we provide is consistent with the expected return of 0.0362%. Fast Ejendom has a performance score of 2 on a scale of 0 to 100. 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, returns on owning Fast Ejendom are expected to decrease at a much lower rate. During the bear market, Fast Ejendom is likely to outperform the market. Fast Ejendom right now shows a risk of 1.36%. Please confirm Fast Ejendom total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Fast Ejendom will be following its price patterns.
Auto-correlation | 0.27 |
Poor predictability
Fast Ejendom has poor predictability. Overlapping area represents the amount of predictability between Fast Ejendom time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Fast Ejendom price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Fast Ejendom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.73 |
Fast Ejendom lagged returns against current returns
Autocorrelation, which is Fast Ejendom 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 Fast Ejendom's stock expected returns. We can calculate the autocorrelation of Fast Ejendom returns to help us make a trade decision. For example, suppose you find that Fast Ejendom 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 |
Fast Ejendom 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 Fast Ejendom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fast Ejendom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fast Ejendom stock over time.
Current vs Lagged Prices |
| Timeline |
Fast Ejendom Lagged Returns
When evaluating Fast Ejendom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fast Ejendom stock have on its future price. Fast Ejendom 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, Fast Ejendom autocorrelation shows the relationship between Fast Ejendom stock current value and its past values and can show if there is a momentum factor associated with investing in Fast Ejendom.
Regressed Prices |
| Timeline |
Pair Trading with Fast Ejendom
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 Fast Ejendom 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 Fast Ejendom will appreciate offsetting losses from the drop in the long position's value.Moving against Fast Stock
The ability to find closely correlated positions to Fast Ejendom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fast Ejendom 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 Fast Ejendom - 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 Fast Ejendom to buy it.
The correlation of Fast Ejendom 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 Fast Ejendom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fast Ejendom 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 Fast Ejendom 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.Other Information on Investing in Fast Stock
Fast Ejendom financial ratios help investors to determine whether Fast 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 Fast with respect to the benefits of owning Fast Ejendom security.