Fulcrum Metals (UK) Market Value
| FMET Stock | 7.50 0.00 0.00% |
| Symbol | Fulcrum |
Fulcrum Metals '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 Fulcrum Metals' 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 Fulcrum Metals.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Fulcrum Metals on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Fulcrum Metals PLC or generate 0.0% return on investment in Fulcrum Metals over 720 days. Fulcrum Metals is related to or competes with Givaudan, Antofagasta PLC, Atalaya Mining, Ferrexpo PLC, Amaroq Minerals, Central Asia, and Anglo Asian. Fulcrum Metals is entity of United Kingdom More
Fulcrum Metals 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 Fulcrum Metals' 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 Fulcrum Metals PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 34.71 | |||
| Value At Risk | (3.33) |
Fulcrum Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fulcrum Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fulcrum Metals' standard deviation. In reality, there are many statistical measures that can use Fulcrum Metals historical prices to predict the future Fulcrum Metals' volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.92) | |||
| Total Risk Alpha | (1.52) | |||
| Treynor Ratio | (4.40) |
Fulcrum Metals PLC Backtested Returns
Fulcrum Metals PLC secures Sharpe Ratio (or Efficiency) of -0.19, which denotes the company had a -0.19% return per unit of risk over the last 3 months. Fulcrum Metals PLC exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fulcrum Metals' Mean Deviation of 1.72, standard deviation of 4.76, and Variance of 22.69 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, Fulcrum Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Fulcrum Metals is expected to be smaller as well. At this point, Fulcrum Metals PLC has a negative expected return of -0.92%. Please make sure to confirm Fulcrum Metals' jensen alpha, value at risk, and the relationship between the information ratio and maximum drawdown , to decide if Fulcrum Metals PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.79 |
Good predictability
Fulcrum Metals PLC has good predictability. Overlapping area represents the amount of predictability between Fulcrum Metals time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Fulcrum Metals PLC price movement. The serial correlation of 0.79 indicates that around 79.0% of current Fulcrum Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Fulcrum Metals PLC lagged returns against current returns
Autocorrelation, which is Fulcrum Metals 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 Fulcrum Metals' stock expected returns. We can calculate the autocorrelation of Fulcrum Metals returns to help us make a trade decision. For example, suppose you find that Fulcrum Metals 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 |
Fulcrum Metals 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 Fulcrum Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fulcrum Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fulcrum Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Fulcrum Metals Lagged Returns
When evaluating Fulcrum Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fulcrum Metals stock have on its future price. Fulcrum Metals 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, Fulcrum Metals autocorrelation shows the relationship between Fulcrum Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Fulcrum Metals PLC.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Fulcrum Stock Analysis
When running Fulcrum Metals' price analysis, check to measure Fulcrum Metals' 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 Fulcrum Metals is operating at the current time. Most of Fulcrum Metals' value examination focuses on studying past and present price action to predict the probability of Fulcrum Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fulcrum Metals' price. Additionally, you may evaluate how the addition of Fulcrum Metals to your portfolios can decrease your overall portfolio volatility.