Foresight Environmental (UK) Market Value
| FGEN Stock | 74.80 1.40 1.91% |
| Symbol | Foresight |
Foresight Environmental '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 Foresight Environmental'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 Foresight Environmental.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Foresight Environmental on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Foresight Environmental Infrastructure or generate 0.0% return on investment in Foresight Environmental over 30 days. Foresight Environmental is related to or competes with CATCo Reinsurance, Intermediate Capital, FC Investment, and Polar Capital. Foresight Environmental is entity of United Kingdom More
Foresight Environmental 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 Foresight Environmental'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 Foresight Environmental Infrastructure upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 8.28 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 1.6 |
Foresight Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Foresight Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Foresight Environmental's standard deviation. In reality, there are many statistical measures that can use Foresight Environmental historical prices to predict the future Foresight Environmental's volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 6.93 |
Foresight Environmental Backtested Returns
Foresight Environmental secures Sharpe Ratio (or Efficiency) of -0.26, which denotes the company had a -0.26% return per unit of risk over the last 3 months. Foresight Environmental Infrastructure exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Foresight Environmental's Mean Deviation of 0.9098, variance of 1.67, and Standard Deviation of 1.29 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0525, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Foresight Environmental are expected to decrease at a much lower rate. During the bear market, Foresight Environmental is likely to outperform the market. At this point, Foresight Environmental has a negative expected return of -0.33%. Please make sure to confirm Foresight Environmental's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Foresight Environmental performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.88 |
Very good predictability
Foresight Environmental Infrastructure has very good predictability. Overlapping area represents the amount of predictability between Foresight Environmental 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 Foresight Environmental price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Foresight Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 2.64 |
Foresight Environmental lagged returns against current returns
Autocorrelation, which is Foresight Environmental 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 Foresight Environmental's stock expected returns. We can calculate the autocorrelation of Foresight Environmental returns to help us make a trade decision. For example, suppose you find that Foresight Environmental 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 |
Foresight Environmental 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 Foresight Environmental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Foresight Environmental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Foresight Environmental stock over time.
Current vs Lagged Prices |
| Timeline |
Foresight Environmental Lagged Returns
When evaluating Foresight Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Foresight Environmental stock have on its future price. Foresight Environmental 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, Foresight Environmental autocorrelation shows the relationship between Foresight Environmental stock current value and its past values and can show if there is a momentum factor associated with investing in Foresight Environmental Infrastructure.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Foresight Stock Analysis
When running Foresight Environmental's price analysis, check to measure Foresight Environmental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Foresight Environmental is operating at the current time. Most of Foresight Environmental's value examination focuses on studying past and present price action to predict the probability of Foresight Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foresight Environmental's price. Additionally, you may evaluate how the addition of Foresight Environmental to your portfolios can decrease your overall portfolio volatility.