FOX CORP (Germany) Market Value
| FO5B Stock | EUR 41.20 0.20 0.48% |
| Symbol | FOX |
FOX CORP '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 FOX CORP'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 FOX CORP.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in FOX CORP on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding FOX P B or generate 0.0% return on investment in FOX CORP over 720 days. FOX CORP is related to or competes with Vivendi SE, RTL GROUP, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and Talanx AG. Fox Corporation operates as a news, sports, and entertainment company in the United States More
FOX CORP 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 FOX CORP'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 FOX P B upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | 0.1023 | |||
| Maximum Drawdown | 12.78 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 3.06 |
FOX CORP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FOX CORP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FOX CORP's standard deviation. In reality, there are many statistical measures that can use FOX CORP historical prices to predict the future FOX CORP's volatility.| Risk Adjusted Performance | 0.1432 | |||
| Jensen Alpha | 0.3019 | |||
| Total Risk Alpha | 0.013 | |||
| Sortino Ratio | 0.1041 | |||
| Treynor Ratio | 5.65 |
FOX CORP Backtested Returns
FOX CORP appears to be very steady, given 3 months investment horizon. FOX CORP secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for FOX P B, which you can use to evaluate the volatility of the firm. Please utilize FOX CORP's Mean Deviation of 1.23, downside deviation of 1.74, and Market Risk Adjusted Performance of 5.66 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FOX CORP holds a performance score of 13. The firm shows a Beta (market volatility) of 0.0547, which means not very significant fluctuations relative to the market. As returns on the market increase, FOX CORP's returns are expected to increase less than the market. However, during the bear market, the loss of holding FOX CORP is expected to be smaller as well. Please check FOX CORP's treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to make a quick decision on whether FOX CORP's price patterns will revert.
Auto-correlation | -0.48 |
Modest reverse predictability
FOX P B has modest reverse predictability. Overlapping area represents the amount of predictability between FOX CORP time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 FOX CORP price movement. The serial correlation of -0.48 indicates that about 48.0% of current FOX CORP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 22.56 |
FOX CORP lagged returns against current returns
Autocorrelation, which is FOX CORP 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 FOX CORP's stock expected returns. We can calculate the autocorrelation of FOX CORP returns to help us make a trade decision. For example, suppose you find that FOX CORP 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 |
FOX CORP 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 FOX CORP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FOX CORP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FOX CORP stock over time.
Current vs Lagged Prices |
| Timeline |
FOX CORP Lagged Returns
When evaluating FOX CORP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FOX CORP stock have on its future price. FOX CORP 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, FOX CORP autocorrelation shows the relationship between FOX CORP stock current value and its past values and can show if there is a momentum factor associated with investing in FOX P B.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FOX Stock
FOX CORP financial ratios help investors to determine whether FOX 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 FOX with respect to the benefits of owning FOX CORP security.