Fidelity National (Germany) Market Value
| ZGY Stock | 82.12 1.36 1.68% |
| Symbol | Fidelity |
Fidelity National '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 Fidelity National'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 Fidelity National.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Fidelity National on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Fidelity National Information or generate 0.0% return on investment in Fidelity National over 180 days. Fidelity National is related to or competes with Apple, Apple, Apple, Apple, Apple, Microsoft, and Microsoft. More
Fidelity National 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 Fidelity National'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 Fidelity National Information upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | 0.1071 | |||
| Maximum Drawdown | 5.61 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.97 |
Fidelity National Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity National's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity National's standard deviation. In reality, there are many statistical measures that can use Fidelity National historical prices to predict the future Fidelity National's volatility.| Risk Adjusted Performance | 0.178 | |||
| Jensen Alpha | 0.2224 | |||
| Total Risk Alpha | 0.0664 | |||
| Sortino Ratio | 0.1006 | |||
| Treynor Ratio | 2.06 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fidelity National's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fidelity National Backtested Returns
Fidelity National appears to be very steady, given 3 months investment horizon. Fidelity National secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the company had a 0.21% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fidelity National Information, which you can use to evaluate the volatility of the firm. Please utilize Fidelity National's Mean Deviation of 0.7606, coefficient of variation of 437.99, and Downside Deviation of 1.15 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fidelity National holds a performance score of 16. The firm shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, Fidelity National's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity National is expected to be smaller as well. Please check Fidelity National's total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Fidelity National's price patterns will revert.
Auto-correlation | 0.05 |
Virtually no predictability
Fidelity National Information has virtually no predictability. Overlapping area represents the amount of predictability between Fidelity National time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 Fidelity National price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Fidelity National price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 15.75 |
Fidelity National lagged returns against current returns
Autocorrelation, which is Fidelity National 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 Fidelity National's stock expected returns. We can calculate the autocorrelation of Fidelity National returns to help us make a trade decision. For example, suppose you find that Fidelity National 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 |
Fidelity National 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 Fidelity National stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity National stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fidelity National stock over time.
Current vs Lagged Prices |
| Timeline |
Fidelity National Lagged Returns
When evaluating Fidelity National's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity National stock have on its future price. Fidelity National 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, Fidelity National autocorrelation shows the relationship between Fidelity National stock current value and its past values and can show if there is a momentum factor associated with investing in Fidelity National Information.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Fidelity Stock Analysis
When running Fidelity National's price analysis, check to measure Fidelity National'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 Fidelity National is operating at the current time. Most of Fidelity National's value examination focuses on studying past and present price action to predict the probability of Fidelity National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity National's price. Additionally, you may evaluate how the addition of Fidelity National to your portfolios can decrease your overall portfolio volatility.