Flsmidth Co As Stock Market Value
| FLIDY Stock | USD 4.53 0.00 0.00% |
| Symbol | FLSmidth |
FLSmidth '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 FLSmidth'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 FLSmidth.
| 02/24/2024 |
| 04/24/2024 |
If you would invest 0.00 in FLSmidth on February 24, 2024 and sell it all today you would earn a total of 0.00 from holding FLSmidth Co AS or generate 0.0% return on investment in FLSmidth over 60 days. FLSmidth is related to or competes with GE Aerospace, Eaton PLC, Illinois Tool, Parker Hannifin, Emerson Electric, and Atlas Copco. AS provides engineering, equipment, and service solutions for mining and cement industries in North America, South Ameri... More
FLSmidth 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 FLSmidth'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 FLSmidth Co AS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0583 | |||
| Maximum Drawdown | 13.74 | |||
| Potential Upside | 1.34 |
FLSmidth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FLSmidth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FLSmidth's standard deviation. In reality, there are many statistical measures that can use FLSmidth historical prices to predict the future FLSmidth's volatility.| Risk Adjusted Performance | 0.0746 | |||
| Jensen Alpha | 0.2559 | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.27) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FLSmidth's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
FLSmidth Co AS Backtested Returns
FLSmidth appears to be out of control, given 3 months investment horizon. FLSmidth Co AS secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of volatility over the last 3 months. We have found seventeen technical indicators for FLSmidth Co AS, which you can use to evaluate the volatility of the firm. Please utilize FLSmidth's Standard Deviation of 1.88, market risk adjusted performance of (0.26), and Mean Deviation of 0.6202 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FLSmidth holds a performance score of 9. The firm shows a Beta (market volatility) of -0.71, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning FLSmidth are expected to decrease at a much lower rate. During the bear market, FLSmidth is likely to outperform the market. Please check FLSmidth's jensen alpha and rate of daily change , to make a quick decision on whether FLSmidth's price patterns will revert.
Auto-correlation | 1.00 |
Perfect predictability
FLSmidth Co AS has perfect predictability. Overlapping area represents the amount of predictability between FLSmidth time series from 24th of February 2024 to 25th of March 2024 and 25th of March 2024 to 24th of April 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 FLSmidth Co AS price movement. The serial correlation of 1.0 indicates that 100.0% of current FLSmidth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FLSmidth Co AS lagged returns against current returns
Autocorrelation, which is FLSmidth 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 FLSmidth's pink sheet expected returns. We can calculate the autocorrelation of FLSmidth returns to help us make a trade decision. For example, suppose you find that FLSmidth 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 |
FLSmidth 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 FLSmidth pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FLSmidth pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FLSmidth pink sheet over time.
Current vs Lagged Prices |
| Timeline |
FLSmidth Lagged Returns
When evaluating FLSmidth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FLSmidth pink sheet have on its future price. FLSmidth 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, FLSmidth autocorrelation shows the relationship between FLSmidth pink sheet current value and its past values and can show if there is a momentum factor associated with investing in FLSmidth Co AS.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out FLSmidth Correlation, FLSmidth Volatility and FLSmidth Alpha and Beta module to complement your research on FLSmidth. Note that the FLSmidth Co AS information on this page should be used as a complementary analysis to other FLSmidth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for FLSmidth Pink Sheet analysis
When running FLSmidth's price analysis, check to measure FLSmidth'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 FLSmidth is operating at the current time. Most of FLSmidth's value examination focuses on studying past and present price action to predict the probability of FLSmidth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FLSmidth's price. Additionally, you may evaluate how the addition of FLSmidth to your portfolios can decrease your overall portfolio volatility.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |
FLSmidth technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.