Fossil Group 7 Stock Market Value
| FOSLL Stock | USD 13.25 0.28 2.07% |
| Symbol | Fossil |
Fossil Group 7 Price To Book Ratio
Is Consumer Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fossil Group. If investors know Fossil will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fossil Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Fossil Group 7 is measured differently than its book value, which is the value of Fossil that is recorded on the company's balance sheet. Investors also form their own opinion of Fossil Group's value that differs from its market value or its book value, called intrinsic value, which is Fossil Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fossil Group's market value can be influenced by many factors that don't directly affect Fossil Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fossil Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fossil Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fossil Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Fossil Group '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 Fossil Group'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 Fossil Group.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Fossil Group on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Fossil Group 7 or generate 0.0% return on investment in Fossil Group over 180 days. Fossil Group is related to or competes with Atlanticus Holdings, Harrow Health, Greenidge Generation, and Ramaco Resources,. Fossil Group is entity of United States. It is traded as Stock on NASDAQ exchange. More
Fossil Group 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 Fossil Group'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 Fossil Group 7 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 9.58 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 3.02 |
Fossil Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fossil Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fossil Group's standard deviation. In reality, there are many statistical measures that can use Fossil Group historical prices to predict the future Fossil Group's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.07) |
Fossil Group 7 Backtested Returns
As of now, Fossil Stock is not too volatile. Fossil Group 7 secures Sharpe Ratio (or Efficiency) of 0.0203, which denotes the company had a 0.0203% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Fossil Group 7, which you can use to evaluate the volatility of the firm. Please confirm Fossil Group's Variance of 2.65, mean deviation of 1.15, and Standard Deviation of 1.63 to check if the risk estimate we provide is consistent with the expected return of 0.033%. Fossil Group has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.51, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fossil Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fossil Group is expected to be smaller as well. Fossil Group 7 right now shows a risk of 1.63%. Please confirm Fossil Group 7 treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Fossil Group 7 will be following its price patterns.
Auto-correlation | -0.02 |
Very weak reverse predictability
Fossil Group 7 has very weak reverse predictability. Overlapping area represents the amount of predictability between Fossil Group time series from 30th of May 2024 to 28th of August 2024 and 28th of August 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 Fossil Group 7 price movement. The serial correlation of -0.02 indicates that only 2.0% of current Fossil Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Fossil Group 7 lagged returns against current returns
Autocorrelation, which is Fossil Group 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 Fossil Group's stock expected returns. We can calculate the autocorrelation of Fossil Group returns to help us make a trade decision. For example, suppose you find that Fossil Group 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 |
Fossil Group 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 Fossil Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fossil Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fossil Group stock over time.
Current vs Lagged Prices |
| Timeline |
Fossil Group Lagged Returns
When evaluating Fossil Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fossil Group stock have on its future price. Fossil Group 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, Fossil Group autocorrelation shows the relationship between Fossil Group stock current value and its past values and can show if there is a momentum factor associated with investing in Fossil Group 7.
Regressed Prices |
| Timeline |
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Fossil Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.