Feintool International (Switzerland) Market Value
| FTON Stock | CHF 15.25 0.45 2.87% |
| Symbol | Feintool |
Feintool International '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 Feintool International'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 Feintool International.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Feintool International on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Feintool International Holding or generate 0.0% return on investment in Feintool International over 30 days. Feintool International is related to or competes with Rieter Holding, Autoneum Holding, Bucher Industries, Komax Holding, and Comet Holding. Feintool International Holding AG, together with its subsidiaries, provides fineblanked, formed steel components, and st... More
Feintool International 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 Feintool International'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 Feintool International Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 8.47 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 2.56 |
Feintool International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Feintool International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Feintool International's standard deviation. In reality, there are many statistical measures that can use Feintool International historical prices to predict the future Feintool International's volatility.| Risk Adjusted Performance | (0.02) | |||
| Total Risk Alpha | (0.30) |
Feintool International Backtested Returns
Feintool International secures Sharpe Ratio (or Efficiency) of -0.0378, which denotes the company had a -0.0378% return per unit of risk over the last 3 months. Feintool International Holding exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Feintool International's Information Ratio of (0.12), variance of 2.29, and Coefficient Of Variation of (2,908) to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Feintool International are completely uncorrelated. At this point, Feintool International has a negative expected return of -0.0577%. Please make sure to confirm Feintool International's variance, total risk alpha, value at risk, as well as the relationship between the information ratio and maximum drawdown , to decide if Feintool International performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.48 |
Average predictability
Feintool International Holding has average predictability. Overlapping area represents the amount of predictability between Feintool International time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Feintool International price movement. The serial correlation of 0.48 indicates that about 48.0% of current Feintool International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Feintool International lagged returns against current returns
Autocorrelation, which is Feintool International 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 Feintool International's stock expected returns. We can calculate the autocorrelation of Feintool International returns to help us make a trade decision. For example, suppose you find that Feintool International 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 |
Feintool International 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 Feintool International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Feintool International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Feintool International stock over time.
Current vs Lagged Prices |
| Timeline |
Feintool International Lagged Returns
When evaluating Feintool International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Feintool International stock have on its future price. Feintool International 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, Feintool International autocorrelation shows the relationship between Feintool International stock current value and its past values and can show if there is a momentum factor associated with investing in Feintool International Holding.
Regressed Prices |
| Timeline |
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When running Feintool International's price analysis, check to measure Feintool International'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 Feintool International is operating at the current time. Most of Feintool International's value examination focuses on studying past and present price action to predict the probability of Feintool International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Feintool International's price. Additionally, you may evaluate how the addition of Feintool International to your portfolios can decrease your overall portfolio volatility.