FastPartner (Sweden) Market Value

FPAR-A Stock  SEK 71.00  1.60  2.31%   
FastPartner's market value is the price at which a share of FastPartner trades on a public exchange. It measures the collective expectations of FastPartner AB investors about its performance. FastPartner is trading at 71.00 as of the 5th of December 2024, a 2.31% up since the beginning of the trading day. The stock's open price was 69.4.
With this module, you can estimate the performance of a buy and hold strategy of FastPartner AB and determine expected loss or profit from investing in FastPartner over a given investment horizon. Check out FastPartner Correlation, FastPartner Volatility and FastPartner Alpha and Beta module to complement your research on FastPartner.
Symbol

Please note, there is a significant difference between FastPartner's value and its price as these two are different measures arrived at by different means. Investors typically determine if FastPartner is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FastPartner's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

FastPartner '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 FastPartner'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 FastPartner.
0.00
11/05/2024
No Change 0.00  0.0 
In 31 days
12/05/2024
0.00
If you would invest  0.00  in FastPartner on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding FastPartner AB or generate 0.0% return on investment in FastPartner over 30 days. FastPartner is related to or competes with Atrium Ljungberg, Platzer Fastigheter, Fabege AB, and Fastighets. FastPartner AB develops, owns, and manages commercial properties in Sweden More

FastPartner 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 FastPartner'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 FastPartner AB upside and downside potential and time the market with a certain degree of confidence.

FastPartner Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for FastPartner's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FastPartner's standard deviation. In reality, there are many statistical measures that can use FastPartner historical prices to predict the future FastPartner's volatility.
Hype
Prediction
LowEstimatedHigh
69.1571.0072.85
Details
Intrinsic
Valuation
LowRealHigh
63.9072.8674.71
Details

FastPartner AB Backtested Returns

FastPartner AB secures Sharpe Ratio (or Efficiency) of -0.0184, which denotes the company had a -0.0184% return per unit of risk over the last 3 months. FastPartner AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FastPartner's Variance of 3.38, standard deviation of 1.84, and Mean Deviation of 1.43 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.45, which means possible diversification benefits within a given portfolio. As returns on the market increase, FastPartner's returns are expected to increase less than the market. However, during the bear market, the loss of holding FastPartner is expected to be smaller as well. At this point, FastPartner AB has a negative expected return of -0.034%. Please make sure to confirm FastPartner's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if FastPartner AB performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.77  

Almost perfect reverse predictability

FastPartner AB has almost perfect reverse predictability. Overlapping area represents the amount of predictability between FastPartner time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 FastPartner AB price movement. The serial correlation of -0.77 indicates that around 77.0% of current FastPartner price fluctuation can be explain by its past prices.
Correlation Coefficient-0.77
Spearman Rank Test-0.64
Residual Average0.0
Price Variance3.84

FastPartner AB lagged returns against current returns

Autocorrelation, which is FastPartner 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 FastPartner's stock expected returns. We can calculate the autocorrelation of FastPartner returns to help us make a trade decision. For example, suppose you find that FastPartner 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  

FastPartner 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 FastPartner stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FastPartner stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FastPartner stock over time.
   Current vs Lagged Prices   
       Timeline  

FastPartner Lagged Returns

When evaluating FastPartner's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FastPartner stock have on its future price. FastPartner 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, FastPartner autocorrelation shows the relationship between FastPartner stock current value and its past values and can show if there is a momentum factor associated with investing in FastPartner AB.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Other Information on Investing in FastPartner Stock

FastPartner financial ratios help investors to determine whether FastPartner 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 FastPartner with respect to the benefits of owning FastPartner security.