FANDIFI TECHNOLOGY (Germany) Market Value
| TQ4 Stock | 0.0005 0.00 0.00% |
| Symbol | FANDIFI |
FANDIFI TECHNOLOGY '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 FANDIFI TECHNOLOGY'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 FANDIFI TECHNOLOGY.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in FANDIFI TECHNOLOGY on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding FANDIFI TECHNOLOGY P or generate 0.0% return on investment in FANDIFI TECHNOLOGY over 510 days. FANDIFI TECHNOLOGY is related to or competes with CANON MARKETING, Salesforce, Vastned Retail, SIDETRADE, Cars, and Trade Desk. More
FANDIFI TECHNOLOGY 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 FANDIFI TECHNOLOGY'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 FANDIFI TECHNOLOGY P upside and downside potential and time the market with a certain degree of confidence.
FANDIFI TECHNOLOGY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FANDIFI TECHNOLOGY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FANDIFI TECHNOLOGY's standard deviation. In reality, there are many statistical measures that can use FANDIFI TECHNOLOGY historical prices to predict the future FANDIFI TECHNOLOGY's volatility.FANDIFI TECHNOLOGY Backtested Returns
We have found three technical indicators for FANDIFI TECHNOLOGY P, which you can use to evaluate the volatility of the entity. 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 FANDIFI TECHNOLOGY are completely uncorrelated.
Auto-correlation | 0.66 |
Good predictability
FANDIFI TECHNOLOGY P has good predictability. Overlapping area represents the amount of predictability between FANDIFI TECHNOLOGY time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 FANDIFI TECHNOLOGY price movement. The serial correlation of 0.66 indicates that around 66.0% of current FANDIFI TECHNOLOGY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FANDIFI TECHNOLOGY lagged returns against current returns
Autocorrelation, which is FANDIFI TECHNOLOGY 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 FANDIFI TECHNOLOGY's stock expected returns. We can calculate the autocorrelation of FANDIFI TECHNOLOGY returns to help us make a trade decision. For example, suppose you find that FANDIFI TECHNOLOGY 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 |
FANDIFI TECHNOLOGY 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 FANDIFI TECHNOLOGY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FANDIFI TECHNOLOGY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FANDIFI TECHNOLOGY stock over time.
Current vs Lagged Prices |
| Timeline |
FANDIFI TECHNOLOGY Lagged Returns
When evaluating FANDIFI TECHNOLOGY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FANDIFI TECHNOLOGY stock have on its future price. FANDIFI TECHNOLOGY 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, FANDIFI TECHNOLOGY autocorrelation shows the relationship between FANDIFI TECHNOLOGY stock current value and its past values and can show if there is a momentum factor associated with investing in FANDIFI TECHNOLOGY P.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FANDIFI Stock
FANDIFI TECHNOLOGY financial ratios help investors to determine whether FANDIFI 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 FANDIFI with respect to the benefits of owning FANDIFI TECHNOLOGY security.