Federal Mogul (Turkey) Market Value
| FMIZP Stock | TRY 306.00 0.50 0.16% |
| Symbol | Federal |
Federal Mogul '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 Federal Mogul'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 Federal Mogul.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Federal Mogul on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Federal Mogul Izmit or generate 0.0% return on investment in Federal Mogul over 720 days. Federal Mogul is related to or competes with Ford Otomotiv, Eregli Demir, Turkiye Petrol, and Turkiye Sise. Federal-Mogul Izmit Piston Ve Pim retim Tesisleri A.S More
Federal Mogul 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 Federal Mogul'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 Federal Mogul Izmit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.43 | |||
| Information Ratio | (0.0002) | |||
| Maximum Drawdown | 14.44 | |||
| Value At Risk | (3.91) | |||
| Potential Upside | 6.06 |
Federal Mogul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Federal Mogul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Federal Mogul's standard deviation. In reality, there are many statistical measures that can use Federal Mogul historical prices to predict the future Federal Mogul's volatility.| Risk Adjusted Performance | 0.0432 | |||
| Jensen Alpha | 0.0455 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.0002) | |||
| Treynor Ratio | 0.1987 |
Federal Mogul Izmit Backtested Returns
Federal Mogul is very steady at the moment. Federal Mogul Izmit secures Sharpe Ratio (or Efficiency) of 0.0223, which denotes the company had a 0.0223% return per unit of risk over the last 3 months. We have found thirty technical indicators for Federal Mogul Izmit, which you can use to evaluate the volatility of the firm. Please confirm Federal Mogul's Coefficient Of Variation of 2136.2, downside deviation of 2.43, and Mean Deviation of 2.1 to check if the risk estimate we provide is consistent with the expected return of 0.0652%. Federal Mogul has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.64, which means possible diversification benefits within a given portfolio. As returns on the market increase, Federal Mogul's returns are expected to increase less than the market. However, during the bear market, the loss of holding Federal Mogul is expected to be smaller as well. Federal Mogul Izmit right now shows a risk of 2.92%. Please confirm Federal Mogul Izmit potential upside, and the relationship between the jensen alpha and accumulation distribution , to decide if Federal Mogul Izmit will be following its price patterns.
Auto-correlation | -0.45 |
Modest reverse predictability
Federal Mogul Izmit has modest reverse predictability. Overlapping area represents the amount of predictability between Federal Mogul time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 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 Federal Mogul Izmit price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Federal Mogul price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 745.03 |
Federal Mogul Izmit lagged returns against current returns
Autocorrelation, which is Federal Mogul 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 Federal Mogul's stock expected returns. We can calculate the autocorrelation of Federal Mogul returns to help us make a trade decision. For example, suppose you find that Federal Mogul 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 |
Federal Mogul 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 Federal Mogul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Federal Mogul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Federal Mogul stock over time.
Current vs Lagged Prices |
| Timeline |
Federal Mogul Lagged Returns
When evaluating Federal Mogul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Federal Mogul stock have on its future price. Federal Mogul 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, Federal Mogul autocorrelation shows the relationship between Federal Mogul stock current value and its past values and can show if there is a momentum factor associated with investing in Federal Mogul Izmit.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Federal Stock
Federal Mogul financial ratios help investors to determine whether Federal 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 Federal with respect to the benefits of owning Federal Mogul security.