FIRSTRAND (FSRASG) (Germany) Market Value
| FSRA Stock | 4.64 0.02 0.43% |
| Symbol | FIRSTRAND |
FIRSTRAND (FSRASG) '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 FIRSTRAND (FSRASG)'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 FIRSTRAND (FSRASG).
| 12/11/2025 |
| 01/10/2026 |
If you would invest 0.00 in FIRSTRAND (FSRASG) on December 11, 2025 and sell it all today you would earn a total of 0.00 from holding FIRSTRAND or generate 0.0% return on investment in FIRSTRAND (FSRASG) over 30 days. FIRSTRAND (FSRASG) is related to or competes with BRAGG GAMING, Hochschild Mining, COGNYTE SOFTWARE, and TROPHY GAMES. More
FIRSTRAND (FSRASG) 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 FIRSTRAND (FSRASG)'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 FIRSTRAND upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.19 | |||
| Information Ratio | 0.0826 | |||
| Maximum Drawdown | 174.96 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 3.29 |
FIRSTRAND (FSRASG) Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FIRSTRAND (FSRASG)'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FIRSTRAND (FSRASG)'s standard deviation. In reality, there are many statistical measures that can use FIRSTRAND (FSRASG) historical prices to predict the future FIRSTRAND (FSRASG)'s volatility.| Risk Adjusted Performance | 0.0742 | |||
| Jensen Alpha | 1.39 | |||
| Total Risk Alpha | (0.61) | |||
| Sortino Ratio | 0.1417 | |||
| Treynor Ratio | 0.2931 |
FIRSTRAND (FSRASG) Backtested Returns
FIRSTRAND (FSRASG) appears to be somewhat reliable, given 3 months investment horizon. FIRSTRAND (FSRASG) secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for FIRSTRAND, which you can use to evaluate the volatility of the firm. Please utilize FIRSTRAND (FSRASG)'s Downside Deviation of 13.19, mean deviation of 5.47, and Market Risk Adjusted Performance of 0.3031 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FIRSTRAND (FSRASG) holds a performance score of 13. The firm shows a Beta (market volatility) of 6.66, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, FIRSTRAND (FSRASG) will likely underperform. Please check FIRSTRAND (FSRASG)'s total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether FIRSTRAND (FSRASG)'s price patterns will revert.
Auto-correlation | 0.67 |
Good predictability
FIRSTRAND has good predictability. Overlapping area represents the amount of predictability between FIRSTRAND (FSRASG) time series from 11th of December 2025 to 26th of December 2025 and 26th of December 2025 to 10th 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 FIRSTRAND (FSRASG) price movement. The serial correlation of 0.67 indicates that around 67.0% of current FIRSTRAND (FSRASG) price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
FIRSTRAND (FSRASG) lagged returns against current returns
Autocorrelation, which is FIRSTRAND (FSRASG) 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 FIRSTRAND (FSRASG)'s stock expected returns. We can calculate the autocorrelation of FIRSTRAND (FSRASG) returns to help us make a trade decision. For example, suppose you find that FIRSTRAND (FSRASG) 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 |
FIRSTRAND (FSRASG) 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 FIRSTRAND (FSRASG) stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FIRSTRAND (FSRASG) stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FIRSTRAND (FSRASG) stock over time.
Current vs Lagged Prices |
| Timeline |
FIRSTRAND (FSRASG) Lagged Returns
When evaluating FIRSTRAND (FSRASG)'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FIRSTRAND (FSRASG) stock have on its future price. FIRSTRAND (FSRASG) 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, FIRSTRAND (FSRASG) autocorrelation shows the relationship between FIRSTRAND (FSRASG) stock current value and its past values and can show if there is a momentum factor associated with investing in FIRSTRAND.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for FIRSTRAND Stock Analysis
When running FIRSTRAND (FSRASG)'s price analysis, check to measure FIRSTRAND (FSRASG)'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 FIRSTRAND (FSRASG) is operating at the current time. Most of FIRSTRAND (FSRASG)'s value examination focuses on studying past and present price action to predict the probability of FIRSTRAND (FSRASG)'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FIRSTRAND (FSRASG)'s price. Additionally, you may evaluate how the addition of FIRSTRAND (FSRASG) to your portfolios can decrease your overall portfolio volatility.