Fundamental Global Stock Market Value
| FGF Stock | USD 31.02 1.32 4.44% |
| Symbol | Fundamental |
Fundamental Global Price To Book Ratio
Is Reinsurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fundamental Global. If investors know Fundamental will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fundamental Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.52) | Earnings Share 25.75 | Revenue Per Share 64.723 | Quarterly Revenue Growth 1.36 | Return On Assets (0.02) |
The market value of Fundamental Global is measured differently than its book value, which is the value of Fundamental that is recorded on the company's balance sheet. Investors also form their own opinion of Fundamental Global's value that differs from its market value or its book value, called intrinsic value, which is Fundamental Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fundamental Global's market value can be influenced by many factors that don't directly affect Fundamental Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fundamental Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fundamental Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fundamental Global'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.
Fundamental Global '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 Fundamental Global'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 Fundamental Global.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Fundamental Global on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Fundamental Global or generate 0.0% return on investment in Fundamental Global over 30 days. Fundamental Global is related to or competes with International General, BB Seguridade, Goosehead Insurance, Enstar Group, Axa Equitable, Arch Capital, and Waterdrop ADR. FG Financial Group, Inc. operates as a reinsurance and investment management holding company in the United States More
Fundamental Global 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 Fundamental Global'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 Fundamental Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.6 | |||
| Information Ratio | 0.0604 | |||
| Maximum Drawdown | 55.76 | |||
| Value At Risk | (10.34) | |||
| Potential Upside | 15.93 |
Fundamental Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fundamental Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fundamental Global's standard deviation. In reality, there are many statistical measures that can use Fundamental Global historical prices to predict the future Fundamental Global's volatility.| Risk Adjusted Performance | 0.0673 | |||
| Jensen Alpha | 0.6167 | |||
| Total Risk Alpha | (0.70) | |||
| Sortino Ratio | 0.0673 | |||
| Treynor Ratio | 5.03 |
Fundamental Global Backtested Returns
Fundamental Global appears to be somewhat reliable, given 3 months investment horizon. Fundamental Global secures Sharpe Ratio (or Efficiency) of 0.0747, which denotes the company had a 0.0747% return per unit of risk over the last 3 months. By reviewing Fundamental Global's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please utilize Fundamental Global's Coefficient Of Variation of 1317.73, mean deviation of 5.04, and Downside Deviation of 7.6 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fundamental Global holds a performance score of 5. The firm shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Fundamental Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fundamental Global is expected to be smaller as well. Please check Fundamental Global's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Fundamental Global's price patterns will revert.
Auto-correlation | -0.83 |
Excellent reverse predictability
Fundamental Global has excellent reverse predictability. Overlapping area represents the amount of predictability between Fundamental Global time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Fundamental Global price movement. The serial correlation of -0.83 indicates that around 83.0% of current Fundamental Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 33.82 |
Fundamental Global lagged returns against current returns
Autocorrelation, which is Fundamental Global 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 Fundamental Global's stock expected returns. We can calculate the autocorrelation of Fundamental Global returns to help us make a trade decision. For example, suppose you find that Fundamental Global 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 |
Fundamental Global 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 Fundamental Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fundamental Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fundamental Global stock over time.
Current vs Lagged Prices |
| Timeline |
Fundamental Global Lagged Returns
When evaluating Fundamental Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fundamental Global stock have on its future price. Fundamental Global 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, Fundamental Global autocorrelation shows the relationship between Fundamental Global stock current value and its past values and can show if there is a momentum factor associated with investing in Fundamental Global.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Fundamental Stock
Fundamental Global financial ratios help investors to determine whether Fundamental 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 Fundamental with respect to the benefits of owning Fundamental Global security.