Firstgroup Plc Adr Stock Market Value
| FGROY Stock | USD 2.70 0.20 8.00% |
| Symbol | FirstGroup |
FirstGroup PLC '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 FirstGroup PLC's pink sheet 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 FirstGroup PLC.
| 01/12/2023 |
| 12/27/2025 |
If you would invest 0.00 in FirstGroup PLC on January 12, 2023 and sell it all today you would earn a total of 0.00 from holding FirstGroup PLC ADR or generate 0.0% return on investment in FirstGroup PLC over 1080 days. FirstGroup PLC is related to or competes with Guangshen Railway, Zhuzhou CRRC, ComfortdelgroLtd, Pagegroup PLC, Vossloh AG, Jungfraubahn Holding, and Befesa SA. FirstGroup plc provides public transport services in the United Kingdom and the United States More
FirstGroup PLC 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 FirstGroup PLC's pink sheet 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 FirstGroup PLC ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 21.09 | |||
| Value At Risk | (1.35) |
FirstGroup PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FirstGroup PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FirstGroup PLC's standard deviation. In reality, there are many statistical measures that can use FirstGroup PLC historical prices to predict the future FirstGroup PLC's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.14) |
FirstGroup PLC ADR Backtested Returns
FirstGroup PLC ADR secures Sharpe Ratio (or Efficiency) of -0.059, which denotes the company had a -0.059 % return per unit of risk over the last 3 months. FirstGroup PLC ADR exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FirstGroup PLC's Variance of 6.8, standard deviation of 2.61, and Mean Deviation of 0.8741 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.13, which means a somewhat significant risk relative to the market. FirstGroup PLC returns are very sensitive to returns on the market. As the market goes up or down, FirstGroup PLC is expected to follow. At this point, FirstGroup PLC ADR has a negative expected return of -0.16%. Please make sure to confirm FirstGroup PLC's jensen alpha and rate of daily change , to decide if FirstGroup PLC ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.17 |
Very weak predictability
FirstGroup PLC ADR has very weak predictability. Overlapping area represents the amount of predictability between FirstGroup PLC time series from 12th of January 2023 to 5th of July 2024 and 5th of July 2024 to 27th of December 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 FirstGroup PLC ADR price movement. The serial correlation of 0.17 indicates that over 17.0% of current FirstGroup PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
FirstGroup PLC ADR lagged returns against current returns
Autocorrelation, which is FirstGroup PLC pink sheet'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 FirstGroup PLC's pink sheet expected returns. We can calculate the autocorrelation of FirstGroup PLC returns to help us make a trade decision. For example, suppose you find that FirstGroup PLC has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
FirstGroup PLC 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 FirstGroup PLC pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FirstGroup PLC pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FirstGroup PLC pink sheet over time.
Current vs Lagged Prices |
| Timeline |
FirstGroup PLC Lagged Returns
When evaluating FirstGroup PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FirstGroup PLC pink sheet have on its future price. FirstGroup PLC 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, FirstGroup PLC autocorrelation shows the relationship between FirstGroup PLC pink sheet current value and its past values and can show if there is a momentum factor associated with investing in FirstGroup PLC ADR.
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 FirstGroup Pink Sheet Analysis
When running FirstGroup PLC's price analysis, check to measure FirstGroup PLC'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 FirstGroup PLC is operating at the current time. Most of FirstGroup PLC's value examination focuses on studying past and present price action to predict the probability of FirstGroup PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstGroup PLC's price. Additionally, you may evaluate how the addition of FirstGroup PLC to your portfolios can decrease your overall portfolio volatility.