Ferguson Plc (UK) Market Value
| FERG Stock | 14,860 260.00 1.72% |
| Symbol | Ferguson |
Ferguson Plc '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 Ferguson Plc'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 Ferguson Plc.
| 06/17/2024 |
| 12/14/2024 |
If you would invest 0.00 in Ferguson Plc on June 17, 2024 and sell it all today you would earn a total of 0.00 from holding Ferguson Plc or generate 0.0% return on investment in Ferguson Plc over 180 days. Ferguson Plc is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, Reliance Industries, MOL Hungarian, and State Bank. Ferguson Plc is entity of United Kingdom More
Ferguson Plc 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 Ferguson Plc'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 Ferguson Plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.29 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 14.11 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 2.16 |
Ferguson Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ferguson Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ferguson Plc's standard deviation. In reality, there are many statistical measures that can use Ferguson Plc historical prices to predict the future Ferguson Plc's volatility.| Risk Adjusted Performance | 0.0244 | |||
| Jensen Alpha | 0.001 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0927 |
Ferguson Plc Backtested Returns
Currently, Ferguson Plc is very steady. Ferguson Plc secures Sharpe Ratio (or Efficiency) of 0.0137, which denotes the company had a 0.0137% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ferguson Plc, which you can use to evaluate the volatility of the firm. Please confirm Ferguson Plc's Coefficient Of Variation of 3981.43, mean deviation of 1.27, and Downside Deviation of 2.29 to check if the risk estimate we provide is consistent with the expected return of 0.0259%. Ferguson Plc has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.4, which means possible diversification benefits within a given portfolio. As returns on the market increase, Ferguson Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ferguson Plc is expected to be smaller as well. Ferguson Plc right now shows a risk of 1.89%. Please confirm Ferguson Plc total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Ferguson Plc will be following its price patterns.
Auto-correlation | -0.09 |
Very weak reverse predictability
Ferguson Plc has very weak reverse predictability. Overlapping area represents the amount of predictability between Ferguson Plc time series from 17th of June 2024 to 15th of September 2024 and 15th of September 2024 to 14th 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 Ferguson Plc price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Ferguson Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 581.7 K |
Ferguson Plc lagged returns against current returns
Autocorrelation, which is Ferguson Plc 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 Ferguson Plc's stock expected returns. We can calculate the autocorrelation of Ferguson Plc returns to help us make a trade decision. For example, suppose you find that Ferguson Plc 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 |
Ferguson Plc 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 Ferguson Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ferguson Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ferguson Plc stock over time.
Current vs Lagged Prices |
| Timeline |
Ferguson Plc Lagged Returns
When evaluating Ferguson Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ferguson Plc stock have on its future price. Ferguson Plc 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, Ferguson Plc autocorrelation shows the relationship between Ferguson Plc stock current value and its past values and can show if there is a momentum factor associated with investing in Ferguson Plc.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Ferguson Stock Analysis
When running Ferguson Plc's price analysis, check to measure Ferguson Plc'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 Ferguson Plc is operating at the current time. Most of Ferguson Plc's value examination focuses on studying past and present price action to predict the probability of Ferguson Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ferguson Plc's price. Additionally, you may evaluate how the addition of Ferguson Plc to your portfolios can decrease your overall portfolio volatility.