FRESENIUS SE+CO (Germany) Market Value
| FREA Stock | EUR 8.10 0.05 0.61% |
| Symbol | FRESENIUS |
FRESENIUS SE+CO '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 FRESENIUS SE+CO'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 FRESENIUS SE+CO.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in FRESENIUS SE+CO on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding FRESENIUS SECO ADR or generate 0.0% return on investment in FRESENIUS SE+CO over 30 days. FRESENIUS SE+CO is related to or competes with Richter Gedeon, Charoen Pokphand, Superior Plus, Origin Agritech, Identiv, INTUITIVE SURGICAL, and Intel. KGaA, a health care group, provides products and services for dialysis, hospitals, and outpatient medical care worldwide More
FRESENIUS SE+CO 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 FRESENIUS SE+CO'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 FRESENIUS SECO ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 11.32 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 2.48 |
FRESENIUS SE+CO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FRESENIUS SE+CO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FRESENIUS SE+CO's standard deviation. In reality, there are many statistical measures that can use FRESENIUS SE+CO historical prices to predict the future FRESENIUS SE+CO's volatility.| Risk Adjusted Performance | 0.0069 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.01) |
FRESENIUS SECO ADR Backtested Returns
FRESENIUS SECO ADR secures Sharpe Ratio (or Efficiency) of -0.0037, which denotes the company had a -0.0037% return per unit of return volatility over the last 3 months. FRESENIUS SECO ADR exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FRESENIUS SE+CO's downside deviation of 1.82, and Mean Deviation of 1.08 to check the risk estimate we provide. 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, FRESENIUS SE+CO's returns are expected to increase less than the market. However, during the bear market, the loss of holding FRESENIUS SE+CO is expected to be smaller as well. At this point, FRESENIUS SECO ADR has a negative expected return of -0.006%. Please make sure to confirm FRESENIUS SE+CO's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if FRESENIUS SECO ADR performance from the past will be repeated in the future.
Auto-correlation | -0.13 |
Insignificant reverse predictability
FRESENIUS SECO ADR has insignificant reverse predictability. Overlapping area represents the amount of predictability between FRESENIUS SE+CO time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 FRESENIUS SECO ADR price movement. The serial correlation of -0.13 indicates that less than 13.0% of current FRESENIUS SE+CO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FRESENIUS SECO ADR lagged returns against current returns
Autocorrelation, which is FRESENIUS SE+CO 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 FRESENIUS SE+CO's stock expected returns. We can calculate the autocorrelation of FRESENIUS SE+CO returns to help us make a trade decision. For example, suppose you find that FRESENIUS SE+CO 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 |
FRESENIUS SE+CO 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 FRESENIUS SE+CO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FRESENIUS SE+CO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FRESENIUS SE+CO stock over time.
Current vs Lagged Prices |
| Timeline |
FRESENIUS SE+CO Lagged Returns
When evaluating FRESENIUS SE+CO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FRESENIUS SE+CO stock have on its future price. FRESENIUS SE+CO 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, FRESENIUS SE+CO autocorrelation shows the relationship between FRESENIUS SE+CO stock current value and its past values and can show if there is a momentum factor associated with investing in FRESENIUS SECO ADR.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FRESENIUS Stock
FRESENIUS SE+CO financial ratios help investors to determine whether FRESENIUS 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 FRESENIUS with respect to the benefits of owning FRESENIUS SE+CO security.