FEMALE HEALTH (Germany) Market Value
| FMW Stock | EUR 0.64 0.05 8.47% |
| Symbol | FEMALE |
FEMALE HEALTH '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 FEMALE HEALTH'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 FEMALE HEALTH.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in FEMALE HEALTH on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding FEMALE HEALTH or generate 0.0% return on investment in FEMALE HEALTH over 30 days. FEMALE HEALTH is related to or competes with GREENX METALS, Cogent Communications, Chunghwa Telecom, Mobilezone Holding, Citic Telecom, Comba Telecom, and Ribbon Communications. More
FEMALE HEALTH 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 FEMALE HEALTH'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 FEMALE HEALTH upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 20.72 | |||
| Value At Risk | (5.17) | |||
| Potential Upside | 7.27 |
FEMALE HEALTH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FEMALE HEALTH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FEMALE HEALTH's standard deviation. In reality, there are many statistical measures that can use FEMALE HEALTH historical prices to predict the future FEMALE HEALTH's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | (1.13) |
FEMALE HEALTH Backtested Returns
FEMALE HEALTH secures Sharpe Ratio (or Efficiency) of -0.0362, which denotes the company had a -0.0362% return per unit of risk over the last 3 months. FEMALE HEALTH exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FEMALE HEALTH's Mean Deviation of 2.83, standard deviation of 3.86, and Coefficient Of Variation of (1,433) to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, FEMALE HEALTH's returns are expected to increase less than the market. However, during the bear market, the loss of holding FEMALE HEALTH is expected to be smaller as well. At this point, FEMALE HEALTH has a negative expected return of -0.15%. Please make sure to confirm FEMALE HEALTH's information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if FEMALE HEALTH performance from the past will be repeated in the future.
Auto-correlation | 0.80 |
Very good predictability
FEMALE HEALTH has very good predictability. Overlapping area represents the amount of predictability between FEMALE HEALTH 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 FEMALE HEALTH price movement. The serial correlation of 0.8 indicates that around 80.0% of current FEMALE HEALTH price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FEMALE HEALTH lagged returns against current returns
Autocorrelation, which is FEMALE HEALTH 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 FEMALE HEALTH's stock expected returns. We can calculate the autocorrelation of FEMALE HEALTH returns to help us make a trade decision. For example, suppose you find that FEMALE HEALTH 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 |
FEMALE HEALTH 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 FEMALE HEALTH stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FEMALE HEALTH stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FEMALE HEALTH stock over time.
Current vs Lagged Prices |
| Timeline |
FEMALE HEALTH Lagged Returns
When evaluating FEMALE HEALTH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FEMALE HEALTH stock have on its future price. FEMALE HEALTH 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, FEMALE HEALTH autocorrelation shows the relationship between FEMALE HEALTH stock current value and its past values and can show if there is a momentum factor associated with investing in FEMALE HEALTH.
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.Other Information on Investing in FEMALE Stock
FEMALE HEALTH financial ratios help investors to determine whether FEMALE 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 FEMALE with respect to the benefits of owning FEMALE HEALTH security.