Fifth Third (Germany) Market Value
| FFH Stock | EUR 44.54 1.13 2.60% |
| Symbol | Fifth |
Fifth Third '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 Fifth Third'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 Fifth Third.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Fifth Third on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Fifth Third Bancorp or generate 0.0% return on investment in Fifth Third over 30 days. Fifth Third is related to or competes with Regions Financial, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, and NorAm Drilling. Fifth Third Bancorp operates as a diversified financial services company in the United States More
Fifth Third 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 Fifth Third'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 Fifth Third Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.37 | |||
| Information Ratio | 0.1199 | |||
| Maximum Drawdown | 8.38 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 3.1 |
Fifth Third Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fifth Third's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fifth Third's standard deviation. In reality, there are many statistical measures that can use Fifth Third historical prices to predict the future Fifth Third's volatility.| Risk Adjusted Performance | 0.1452 | |||
| Jensen Alpha | 0.3197 | |||
| Total Risk Alpha | 0.0812 | |||
| Sortino Ratio | 0.1518 | |||
| Treynor Ratio | (2.49) |
Fifth Third Bancorp Backtested Returns
Fifth Third appears to be very steady, given 3 months investment horizon. Fifth Third Bancorp secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fifth Third Bancorp, which you can use to evaluate the volatility of the firm. Please utilize Fifth Third's Coefficient Of Variation of 546.46, mean deviation of 1.33, and Downside Deviation of 1.37 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fifth Third holds a performance score of 13. 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 Fifth Third are expected to decrease at a much lower rate. During the bear market, Fifth Third is likely to outperform the market. Please check Fifth Third's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Fifth Third's price patterns will revert.
Auto-correlation | 0.18 |
Very weak predictability
Fifth Third Bancorp has very weak predictability. Overlapping area represents the amount of predictability between Fifth Third time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Fifth Third Bancorp price movement. The serial correlation of 0.18 indicates that over 18.0% of current Fifth Third price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.49 |
Fifth Third Bancorp lagged returns against current returns
Autocorrelation, which is Fifth Third 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 Fifth Third's stock expected returns. We can calculate the autocorrelation of Fifth Third returns to help us make a trade decision. For example, suppose you find that Fifth Third 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 |
Fifth Third 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 Fifth Third stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fifth Third stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fifth Third stock over time.
Current vs Lagged Prices |
| Timeline |
Fifth Third Lagged Returns
When evaluating Fifth Third's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fifth Third stock have on its future price. Fifth Third 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, Fifth Third autocorrelation shows the relationship between Fifth Third stock current value and its past values and can show if there is a momentum factor associated with investing in Fifth Third Bancorp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Fifth Stock
When determining whether Fifth Third Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fifth Third's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fifth Third Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fifth Third Bancorp Stock:Check out Fifth Third Correlation, Fifth Third Volatility and Fifth Third Alpha and Beta module to complement your research on Fifth Third. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Fifth Third 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.