FRESENIUS SECO (Germany) Market Value
| FREA Stock | EUR 8.10 0.05 0.61% |
| Symbol | FRESENIUS |
FRESENIUS SECO '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 FRESENIUS SECO'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 FRESENIUS SECO.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in FRESENIUS SECO on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding FRESENIUS SECO ADR or generate 0.0% return on investment in FRESENIUS SECO over 720 days. FRESENIUS SECO is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. KGaA, a health care group, provides products and services for dialysis, hospitals, and outpatient medical care worldwide More
FRESENIUS SECO 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 FRESENIUS SECO'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 FRESENIUS SECO ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 11.32 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 2.48 |
FRESENIUS SECO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FRESENIUS SECO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FRESENIUS SECO's standard deviation. In reality, there are many statistical measures that can use FRESENIUS SECO historical prices to predict the future FRESENIUS SECO's volatility.| Risk Adjusted Performance | 0.0069 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.01) |
FRESENIUS SECO ADR Backtested Returns
FRESENIUS SECO ADR secures Sharpe Ratio (or Efficiency) of -0.0037, which denotes the company had a -0.0037% return per unit of return volatility over the last 3 months. FRESENIUS SECO ADR exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FRESENIUS SECO's mean deviation of 1.08, and Downside Deviation of 1.82 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.55, which means possible diversification benefits within a given portfolio. As returns on the market increase, FRESENIUS SECO's returns are expected to increase less than the market. However, during the bear market, the loss of holding FRESENIUS SECO is expected to be smaller as well. At this point, FRESENIUS SECO ADR has a negative expected return of -0.006%. Please make sure to confirm FRESENIUS SECO's coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to decide if FRESENIUS SECO ADR performance from the past will be repeated in the future.
Auto-correlation | 0.59 |
Modest predictability
FRESENIUS SECO ADR has modest predictability. Overlapping area represents the amount of predictability between FRESENIUS SECO time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 FRESENIUS SECO ADR price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current FRESENIUS SECO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.59 |
FRESENIUS SECO ADR lagged returns against current returns
Autocorrelation, which is FRESENIUS SECO 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 FRESENIUS SECO's stock expected returns. We can calculate the autocorrelation of FRESENIUS SECO returns to help us make a trade decision. For example, suppose you find that FRESENIUS SECO 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 |
FRESENIUS SECO 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 FRESENIUS SECO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FRESENIUS SECO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FRESENIUS SECO stock over time.
Current vs Lagged Prices |
| Timeline |
FRESENIUS SECO Lagged Returns
When evaluating FRESENIUS SECO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FRESENIUS SECO stock have on its future price. FRESENIUS SECO 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, FRESENIUS SECO autocorrelation shows the relationship between FRESENIUS SECO stock current value and its past values and can show if there is a momentum factor associated with investing in FRESENIUS SECO ADR.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FRESENIUS Stock
FRESENIUS SECO financial ratios help investors to determine whether FRESENIUS 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 FRESENIUS with respect to the benefits of owning FRESENIUS SECO security.