Fox Factory (Germany) Market Value
| FF0 Stock | EUR 27.41 0.74 2.77% |
| Symbol | Fox |
Fox Factory '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 Fox Factory'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 Fox Factory.
| 07/21/2024 |
| 01/17/2025 |
If you would invest 0.00 in Fox Factory on July 21, 2024 and sell it all today you would earn a total of 0.00 from holding Fox Factory Holding or generate 0.0% return on investment in Fox Factory over 180 days. Fox Factory is related to or competes with Harley Davidson, Harley Davidson, BRP, Thor Industries, LCI Industries, and Winnebago Industries. Fox Factory Holding Corp. designs, engineers, manufactures, and markets ride dynamics products worldwide More
Fox Factory 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 Fox Factory'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 Fox Factory Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 12.65 | |||
| Value At Risk | (5.03) | |||
| Potential Upside | 3.36 |
Fox Factory Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fox Factory's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fox Factory's standard deviation. In reality, there are many statistical measures that can use Fox Factory historical prices to predict the future Fox Factory's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (1.17) |
Fox Factory Holding Backtested Returns
Fox Factory Holding 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. Fox Factory Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fox Factory's Variance of 6.53, standard deviation of 2.55, and Mean Deviation of 1.95 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.32, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fox Factory's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fox Factory is expected to be smaller as well. At this point, Fox Factory Holding has a negative expected return of -0.41%. Please make sure to confirm Fox Factory's potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if Fox Factory Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.65 |
Good predictability
Fox Factory Holding has good predictability. Overlapping area represents the amount of predictability between Fox Factory time series from 21st of July 2024 to 19th of October 2024 and 19th of October 2024 to 17th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fox Factory Holding price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Fox Factory price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 4.76 |
Fox Factory Holding lagged returns against current returns
Autocorrelation, which is Fox Factory 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 Fox Factory's stock expected returns. We can calculate the autocorrelation of Fox Factory returns to help us make a trade decision. For example, suppose you find that Fox Factory 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 |
Fox Factory 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 Fox Factory stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fox Factory stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fox Factory stock over time.
Current vs Lagged Prices |
| Timeline |
Fox Factory Lagged Returns
When evaluating Fox Factory's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fox Factory stock have on its future price. Fox Factory 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, Fox Factory autocorrelation shows the relationship between Fox Factory stock current value and its past values and can show if there is a momentum factor associated with investing in Fox Factory Holding.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Fox Stock
When determining whether Fox Factory Holding is a strong investment it is important to analyze Fox Factory's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fox Factory's future performance. For an informed investment choice regarding Fox Stock, refer to the following important reports:Check out Fox Factory Correlation, Fox Factory Volatility and Fox Factory Alpha and Beta module to complement your research on Fox Factory. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Fox Factory 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.