Five Below (Germany) Market Value
| 6F1 Stock | EUR 100.95 3.15 3.03% |
| Symbol | Five |
Five Below '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 Five Below'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 Five Below.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Five Below on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Five Below or generate 0.0% return on investment in Five Below over 720 days. Five Below is related to or competes with MercadoLibre, OReilly Automotive, AutoZone, Tractor Supply, Ulta Beauty, EBay, and Genuine Parts. Five Below, Inc. operates as a specialty value retailer in the United States More
Five Below 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 Five Below'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 Five Below upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.54 | |||
| Information Ratio | 0.0841 | |||
| Maximum Drawdown | 15.62 | |||
| Value At Risk | (4.19) | |||
| Potential Upside | 7.4 |
Five Below Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Five Below's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Five Below's standard deviation. In reality, there are many statistical measures that can use Five Below historical prices to predict the future Five Below's volatility.| Risk Adjusted Performance | 0.082 | |||
| Jensen Alpha | 0.302 | |||
| Total Risk Alpha | 0.2048 | |||
| Sortino Ratio | 0.1076 | |||
| Treynor Ratio | (1.09) |
Five Below Backtested Returns
Five Below appears to be very steady, given 3 months investment horizon. Five Below secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Five Below, which you can use to evaluate the volatility of the firm. Please utilize Five Below's Coefficient Of Variation of 1063.99, downside deviation of 2.54, and Mean Deviation of 2.52 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Five Below holds a performance score of 8. The firm shows a Beta (market volatility) of -0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Five Below are expected to decrease at a much lower rate. During the bear market, Five Below is likely to outperform the market. Please check Five Below's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Five Below's price patterns will revert.
Auto-correlation | 0.51 |
Modest predictability
Five Below has modest predictability. Overlapping area represents the amount of predictability between Five Below time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Five Below price movement. The serial correlation of 0.51 indicates that about 51.0% of current Five Below price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 1700.34 |
Five Below lagged returns against current returns
Autocorrelation, which is Five Below 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 Five Below's stock expected returns. We can calculate the autocorrelation of Five Below returns to help us make a trade decision. For example, suppose you find that Five Below 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 |
Five Below 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 Five Below stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Five Below stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Five Below stock over time.
Current vs Lagged Prices |
| Timeline |
Five Below Lagged Returns
When evaluating Five Below's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Five Below stock have on its future price. Five Below 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, Five Below autocorrelation shows the relationship between Five Below stock current value and its past values and can show if there is a momentum factor associated with investing in Five Below.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Five Stock
When determining whether Five Below is a strong investment it is important to analyze Five Below's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Five Below's future performance. For an informed investment choice regarding Five Stock, refer to the following important reports:Check out Five Below Correlation, Five Below Volatility and Five Below Alpha and Beta module to complement your research on Five Below. For more detail on how to invest in Five Stock please use our How to Invest in Five Below guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Five Below technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.