Foresight Group (UK) Market Value
| FSG Stock | 418.00 2.00 0.48% |
| Symbol | Foresight |
Foresight 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 Foresight 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 Foresight Group.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Foresight Group on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Foresight Group Holdings or generate 0.0% return on investment in Foresight Group over 210 days. Foresight Group is related to or competes with Check Point, Alfa Financial, Sabien Technology, Molson Coors, Ashtead Technology, Sunny Optical, and Vitec Software. Foresight Group is entity of United Kingdom More
Foresight 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 Foresight 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 Foresight Group Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 11.39 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.52 |
Foresight Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Foresight Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Foresight Group's standard deviation. In reality, there are many statistical measures that can use Foresight Group historical prices to predict the future Foresight Group's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (2.69) |
Foresight Group Holdings Backtested Returns
Foresight Group Holdings secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of risk over the last 3 months. Foresight Group Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Foresight Group's Variance of 3.13, mean deviation of 1.31, and Standard Deviation of 1.77 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0976, which means not very significant fluctuations relative to the market. As returns on the market increase, Foresight Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Foresight Group is expected to be smaller as well. At this point, Foresight Group Holdings has a negative expected return of -0.23%. Please make sure to confirm Foresight Group's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Foresight Group Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.69 |
Very good reverse predictability
Foresight Group Holdings has very good reverse predictability. Overlapping area represents the amount of predictability between Foresight Group time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 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 Foresight Group Holdings price movement. The serial correlation of -0.69 indicates that around 69.0% of current Foresight Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 831.26 |
Foresight Group Holdings lagged returns against current returns
Autocorrelation, which is Foresight 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 Foresight Group's stock expected returns. We can calculate the autocorrelation of Foresight Group returns to help us make a trade decision. For example, suppose you find that Foresight 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 |
Foresight 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 Foresight Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Foresight Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Foresight Group stock over time.
Current vs Lagged Prices |
| Timeline |
Foresight Group Lagged Returns
When evaluating Foresight Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Foresight Group stock have on its future price. Foresight 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, Foresight Group autocorrelation shows the relationship between Foresight Group stock current value and its past values and can show if there is a momentum factor associated with investing in Foresight Group Holdings.
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 Foresight Stock
Foresight Group financial ratios help investors to determine whether Foresight 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 Foresight with respect to the benefits of owning Foresight Group security.