Feper SA (Romania) Market Value
| FEP Stock | 0.19 0.01 5.56% |
| Symbol | Feper |
Please note, there is a significant difference between Feper SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Feper SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Feper SA's 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.
Feper SA '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 Feper SA'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 Feper SA.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in Feper SA on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding Feper SA or generate 0.0% return on investment in Feper SA over 390 days. More
Feper SA 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 Feper SA'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 Feper SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.7 | |||
| Information Ratio | 0.1234 | |||
| Maximum Drawdown | 37.36 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 9.52 |
Feper SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Feper SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Feper SA's standard deviation. In reality, there are many statistical measures that can use Feper SA historical prices to predict the future Feper SA's volatility.| Risk Adjusted Performance | 0.1189 | |||
| Jensen Alpha | 0.6877 | |||
| Total Risk Alpha | 0.0634 | |||
| Sortino Ratio | 0.0591 | |||
| Treynor Ratio | 1.63 |
Feper SA Backtested Returns
Feper SA appears to be out of control, given 3 months investment horizon. Feper SA secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. By reviewing Feper SA's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please utilize Feper SA's Coefficient Of Variation of 690.96, mean deviation of 2.87, and Downside Deviation of 10.7 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Feper SA holds a performance score of 12. The firm shows a Beta (market volatility) of 0.45, which means possible diversification benefits within a given portfolio. As returns on the market increase, Feper SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Feper SA is expected to be smaller as well. Please check Feper SA's semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Feper SA's price patterns will revert.
Auto-correlation | -0.66 |
Very good reverse predictability
Feper SA has very good reverse predictability. Overlapping area represents the amount of predictability between Feper SA time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 to 22nd 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 Feper SA price movement. The serial correlation of -0.66 indicates that around 66.0% of current Feper SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Feper SA lagged returns against current returns
Autocorrelation, which is Feper SA 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 Feper SA's stock expected returns. We can calculate the autocorrelation of Feper SA returns to help us make a trade decision. For example, suppose you find that Feper SA 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 |
Feper SA 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 Feper SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Feper SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Feper SA stock over time.
Current vs Lagged Prices |
| Timeline |
Feper SA Lagged Returns
When evaluating Feper SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Feper SA stock have on its future price. Feper SA 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, Feper SA autocorrelation shows the relationship between Feper SA stock current value and its past values and can show if there is a momentum factor associated with investing in Feper SA.
Regressed Prices |
| Timeline |
Pair Trading with Feper SA
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 Feper SA 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 Feper SA will appreciate offsetting losses from the drop in the long position's value.Moving against Feper Stock
| 0.77 | CMP | Compa Sibiu | PairCorr |
| 0.76 | ELGS | Electroarges S | PairCorr |
| 0.76 | IARV | IAR SA | PairCorr |
| 0.65 | TRP | Teraplast Bist | PairCorr |
| 0.6 | CMVX | Comvex SA | PairCorr |
The ability to find closely correlated positions to Feper SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Feper SA 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 Feper SA - 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 Feper SA to buy it.
The correlation of Feper SA 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 Feper SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Feper SA 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 Feper SA 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 Feper Stock
Feper SA financial ratios help investors to determine whether Feper 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 Feper with respect to the benefits of owning Feper SA security.