Fnac Darty (France) Market Value
| FNAC Stock | EUR 28.00 0.45 1.63% |
| Symbol | Fnac |
Fnac Darty '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 Fnac Darty'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 Fnac Darty.
| 02/05/2023 |
| 12/26/2024 |
If you would invest 0.00 in Fnac Darty on February 5, 2023 and sell it all today you would earn a total of 0.00 from holding Fnac Darty SA or generate 0.0% return on investment in Fnac Darty over 690 days. Fnac Darty is related to or competes with ATEME SA, Figeac Aero, Chargeurs, Xilam Animation, and BigBen Interactive. Fnac Darty SA operates as an omni-channel retailer in household appliances, electronics, and entertainment products in F... More
Fnac Darty 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 Fnac Darty'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 Fnac Darty SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.44 | |||
| Information Ratio | 0.0016 | |||
| Maximum Drawdown | 19.98 | |||
| Value At Risk | (3.29) | |||
| Potential Upside | 3.68 |
Fnac Darty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fnac Darty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fnac Darty's standard deviation. In reality, there are many statistical measures that can use Fnac Darty historical prices to predict the future Fnac Darty's volatility.| Risk Adjusted Performance | 0.022 | |||
| Jensen Alpha | 0.0511 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0017 | |||
| Treynor Ratio | (0.11) |
Fnac Darty SA Backtested Returns
Fnac Darty SA secures Sharpe Ratio (or Efficiency) of -0.0692, which denotes the company had a -0.0692% return per unit of standard deviation over the last 3 months. Fnac Darty SA exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fnac Darty's Semi Deviation of 2.21, downside deviation of 2.44, and Mean Deviation of 1.71 to check the risk estimate we provide. 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, returns on owning Fnac Darty are expected to decrease at a much lower rate. During the bear market, Fnac Darty is likely to outperform the market. At this point, Fnac Darty SA has a negative expected return of -0.15%. Please make sure to confirm Fnac Darty's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Fnac Darty SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.12 |
Insignificant predictability
Fnac Darty SA has insignificant predictability. Overlapping area represents the amount of predictability between Fnac Darty time series from 5th of February 2023 to 16th of January 2024 and 16th of January 2024 to 26th 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 Fnac Darty SA price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Fnac Darty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 7.21 |
Fnac Darty SA lagged returns against current returns
Autocorrelation, which is Fnac Darty 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 Fnac Darty's stock expected returns. We can calculate the autocorrelation of Fnac Darty returns to help us make a trade decision. For example, suppose you find that Fnac Darty 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 |
Fnac Darty 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 Fnac Darty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fnac Darty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fnac Darty stock over time.
Current vs Lagged Prices |
| Timeline |
Fnac Darty Lagged Returns
When evaluating Fnac Darty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fnac Darty stock have on its future price. Fnac Darty 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, Fnac Darty autocorrelation shows the relationship between Fnac Darty stock current value and its past values and can show if there is a momentum factor associated with investing in Fnac Darty SA.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Fnac Stock
Fnac Darty financial ratios help investors to determine whether Fnac 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 Fnac with respect to the benefits of owning Fnac Darty security.