Fodelia (Finland) Market Value
| FODELIA Stock | EUR 5.90 0.02 0.34% |
| Symbol | Fodelia |
Fodelia '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 Fodelia'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 Fodelia.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Fodelia on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Fodelia or generate 0.0% return on investment in Fodelia over 30 days. Fodelia is related to or competes with Raisio Oyj, Raisio Oyj, and Atria Oyj. The company offers crispy potato chips and additive-free corn snacks to retail stores and central wholesale businesses i... More
Fodelia 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 Fodelia'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 Fodelia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.77 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 8.13 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 3.85 |
Fodelia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fodelia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fodelia's standard deviation. In reality, there are many statistical measures that can use Fodelia historical prices to predict the future Fodelia's volatility.| Risk Adjusted Performance | 0.0385 | |||
| Jensen Alpha | 0.0042 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1284 |
Fodelia Backtested Returns
At this point, Fodelia is somewhat reliable. Fodelia secures Sharpe Ratio (or Efficiency) of 0.0372, which denotes the company had a 0.0372% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fodelia, which you can use to evaluate the volatility of the firm. Please confirm Fodelia's Downside Deviation of 1.77, coefficient of variation of 2352.79, and Mean Deviation of 1.5 to check if the risk estimate we provide is consistent with the expected return of 0.0707%. Fodelia has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.55, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fodelia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fodelia is expected to be smaller as well. Fodelia right now shows a risk of 1.9%. Please confirm Fodelia potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if Fodelia will be following its price patterns.
Auto-correlation | 0.41 |
Average predictability
Fodelia has average predictability. Overlapping area represents the amount of predictability between Fodelia time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Fodelia price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Fodelia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Fodelia lagged returns against current returns
Autocorrelation, which is Fodelia 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 Fodelia's stock expected returns. We can calculate the autocorrelation of Fodelia returns to help us make a trade decision. For example, suppose you find that Fodelia 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 |
Fodelia 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 Fodelia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fodelia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fodelia stock over time.
Current vs Lagged Prices |
| Timeline |
Fodelia Lagged Returns
When evaluating Fodelia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fodelia stock have on its future price. Fodelia 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, Fodelia autocorrelation shows the relationship between Fodelia stock current value and its past values and can show if there is a momentum factor associated with investing in Fodelia.
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 Fodelia Stock
Fodelia financial ratios help investors to determine whether Fodelia 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 Fodelia with respect to the benefits of owning Fodelia security.