Fastned BV (Netherlands) Market Value
| FAST Stock | EUR 21.50 0.30 1.38% |
| Symbol | Fastned |
Fastned BV '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 Fastned BV'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 Fastned BV.
| 09/19/2024 |
| 12/18/2024 |
If you would invest 0.00 in Fastned BV on September 19, 2024 and sell it all today you would earn a total of 0.00 from holding Fastned BV or generate 0.0% return on investment in Fastned BV over 90 days. Fastned BV is related to or competes with Alfen Beheer, BE Semiconductor, Just Eat, PostNL NV, and ASM International. Fastned B.V. constructs and operates charging stations for electric vehicles in the Netherlands, Germany, and internatio... More
Fastned BV 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 Fastned BV'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 Fastned BV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.3 | |||
| Information Ratio | 0.1355 | |||
| Maximum Drawdown | 13.57 | |||
| Value At Risk | (3.48) | |||
| Potential Upside | 5.87 |
Fastned BV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fastned BV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fastned BV's standard deviation. In reality, there are many statistical measures that can use Fastned BV historical prices to predict the future Fastned BV's volatility.| Risk Adjusted Performance | 0.1233 | |||
| Jensen Alpha | 0.4117 | |||
| Total Risk Alpha | 0.2119 | |||
| Sortino Ratio | 0.1628 | |||
| Treynor Ratio | 1.25 |
Fastned BV Backtested Returns
Fastned BV appears to be very steady, given 3 months investment horizon. Fastned BV secures Sharpe Ratio (or Efficiency) of 0.0895, which denotes the company had a 0.0895% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fastned BV, which you can use to evaluate the volatility of the firm. Please utilize Fastned BV's Downside Deviation of 2.3, coefficient of variation of 625.05, and Mean Deviation of 2.22 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fastned BV holds a performance score of 7. The firm shows a Beta (market volatility) of 0.35, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fastned BV's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fastned BV is expected to be smaller as well. Please check Fastned BV'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 Fastned BV's price patterns will revert.
Auto-correlation | 0.47 |
Average predictability
Fastned BV has average predictability. Overlapping area represents the amount of predictability between Fastned BV time series from 19th of September 2024 to 3rd of November 2024 and 3rd of November 2024 to 18th 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 Fastned BV price movement. The serial correlation of 0.47 indicates that about 47.0% of current Fastned BV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Fastned BV lagged returns against current returns
Autocorrelation, which is Fastned BV 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 Fastned BV's stock expected returns. We can calculate the autocorrelation of Fastned BV returns to help us make a trade decision. For example, suppose you find that Fastned BV 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 |
Fastned BV 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 Fastned BV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fastned BV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fastned BV stock over time.
Current vs Lagged Prices |
| Timeline |
Fastned BV Lagged Returns
When evaluating Fastned BV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fastned BV stock have on its future price. Fastned BV 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, Fastned BV autocorrelation shows the relationship between Fastned BV stock current value and its past values and can show if there is a momentum factor associated with investing in Fastned BV.
Regressed Prices |
| Timeline |
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Additional Tools for Fastned Stock Analysis
When running Fastned BV's price analysis, check to measure Fastned BV'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 Fastned BV is operating at the current time. Most of Fastned BV's value examination focuses on studying past and present price action to predict the probability of Fastned BV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fastned BV's price. Additionally, you may evaluate how the addition of Fastned BV to your portfolios can decrease your overall portfolio volatility.