Forus SA (Chile) Market Value
| FORUS Stock | CLP 2,340 15.00 0.65% |
| Symbol | Forus |
Forus SA '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 Forus SA'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 Forus SA.
| 12/12/2025 |
| 01/11/2026 |
If you would invest 0.00 in Forus SA on December 12, 2025 and sell it all today you would earn a total of 0.00 from holding Forus SA or generate 0.0% return on investment in Forus SA over 30 days. Forus SA is related to or competes with Cencosud, Parq Arauco, Ripley Corp, Falabella, and Sonda SA. Forus S.A. designs, produces, imports, markets, and distributes footwear, clothing articles, and accessories in Chile, P... More
Forus SA 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 Forus SA'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 Forus SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.39 | |||
| Information Ratio | 0.0134 | |||
| Maximum Drawdown | 15.25 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.16 |
Forus SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forus SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Forus SA's standard deviation. In reality, there are many statistical measures that can use Forus SA historical prices to predict the future Forus SA's volatility.| Risk Adjusted Performance | 0.0568 | |||
| Jensen Alpha | 0.1093 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0164 | |||
| Treynor Ratio | (4.29) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Forus SA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Forus SA Backtested Returns
Currently, Forus SA is very steady. Forus SA secures Sharpe Ratio (or Efficiency) of 0.0682, which denotes the company had a 0.0682 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Forus SA, which you can use to evaluate the volatility of the firm. Please confirm Forus SA's Mean Deviation of 0.7097, downside deviation of 1.39, and Coefficient Of Variation of 1452.74 to check if the risk estimate we provide is consistent with the expected return of 0.12%. Forus SA has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.025, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Forus SA are expected to decrease at a much lower rate. During the bear market, Forus SA is likely to outperform the market. Forus SA right now shows a risk of 1.69%. Please confirm Forus SA jensen alpha, potential upside, as well as the relationship between the Potential Upside and daily balance of power , to decide if Forus SA will be following its price patterns.
Auto-correlation | 0.64 |
Good predictability
Forus SA has good predictability. Overlapping area represents the amount of predictability between Forus SA time series from 12th of December 2025 to 27th of December 2025 and 27th of December 2025 to 11th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Forus SA price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Forus SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 89.97 |
Forus SA lagged returns against current returns
Autocorrelation, which is Forus SA 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 Forus SA's stock expected returns. We can calculate the autocorrelation of Forus SA returns to help us make a trade decision. For example, suppose you find that Forus SA 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 |
Forus SA 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 Forus SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Forus SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Forus SA stock over time.
Current vs Lagged Prices |
| Timeline |
Forus SA Lagged Returns
When evaluating Forus SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Forus SA stock have on its future price. Forus SA 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, Forus SA autocorrelation shows the relationship between Forus SA stock current value and its past values and can show if there is a momentum factor associated with investing in Forus SA.
Regressed Prices |
| Timeline |
Pair Trading with Forus SA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Forus SA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Forus SA will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Forus SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forus SA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Forus SA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Forus SA to buy it.
The correlation of Forus SA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Forus SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forus SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Forus SA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Forus Stock Analysis
When running Forus SA's price analysis, check to measure Forus SA's 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 Forus SA is operating at the current time. Most of Forus SA's value examination focuses on studying past and present price action to predict the probability of Forus SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forus SA's price. Additionally, you may evaluate how the addition of Forus SA to your portfolios can decrease your overall portfolio volatility.