Fomo Worldwide Stock Market Value
Fomo Worldwide's market value is the price at which a share of Fomo Worldwide trades on a public exchange. It measures the collective expectations of Fomo Worldwide investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Fomo Worldwide and determine expected loss or profit from investing in Fomo Worldwide over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
| Symbol | Fomo |
Fomo Worldwide '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 Fomo Worldwide's pink sheet 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 Fomo Worldwide.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in Fomo Worldwide on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Fomo Worldwide or generate 0.0% return on investment in Fomo Worldwide over 30 days.
Fomo Worldwide 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 Fomo Worldwide's pink sheet 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 Fomo Worldwide upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 40.55 | |||
| Information Ratio | 0.0356 | |||
| Maximum Drawdown | 325.0 | |||
| Value At Risk | (46.67) | |||
| Potential Upside | 35.71 |
Fomo Worldwide Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fomo Worldwide's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fomo Worldwide's standard deviation. In reality, there are many statistical measures that can use Fomo Worldwide historical prices to predict the future Fomo Worldwide's volatility.| Risk Adjusted Performance | 0.0391 | |||
| Jensen Alpha | 1.45 | |||
| Total Risk Alpha | (0.71) | |||
| Sortino Ratio | 0.0352 | |||
| Treynor Ratio | 3.71 |
Fomo Worldwide Backtested Returns
Fomo Worldwide is out of control given 3 months investment horizon. Fomo Worldwide secures Sharpe Ratio (or Efficiency) of 0.26, which denotes the company had a 0.26% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 73.11% are justified by taking the suggested risk. Use Fomo Worldwide Mean Deviation of 16.19, coefficient of variation of 2707.71, and Downside Deviation of 40.55 to evaluate company specific risk that cannot be diversified away. Fomo Worldwide holds a performance score of 20 on a scale of zero to a hundred. 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, Fomo Worldwide's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fomo Worldwide is expected to be smaller as well. Use Fomo Worldwide coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance , to analyze future returns on Fomo Worldwide.
Auto-correlation | -0.27 |
Weak reverse predictability
Fomo Worldwide has weak reverse predictability. Overlapping area represents the amount of predictability between Fomo Worldwide time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 Fomo Worldwide price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Fomo Worldwide price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fomo Worldwide lagged returns against current returns
Autocorrelation, which is Fomo Worldwide pink sheet'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 Fomo Worldwide's pink sheet expected returns. We can calculate the autocorrelation of Fomo Worldwide returns to help us make a trade decision. For example, suppose you find that Fomo Worldwide has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Fomo Worldwide 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 Fomo Worldwide pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fomo Worldwide pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fomo Worldwide pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Fomo Worldwide Lagged Returns
When evaluating Fomo Worldwide's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fomo Worldwide pink sheet have on its future price. Fomo Worldwide 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, Fomo Worldwide autocorrelation shows the relationship between Fomo Worldwide pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Fomo Worldwide.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Fomo Pink Sheet Analysis
When running Fomo Worldwide's price analysis, check to measure Fomo Worldwide'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 Fomo Worldwide is operating at the current time. Most of Fomo Worldwide's value examination focuses on studying past and present price action to predict the probability of Fomo Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomo Worldwide's price. Additionally, you may evaluate how the addition of Fomo Worldwide to your portfolios can decrease your overall portfolio volatility.