Fanuc Stock Market Value
| FANUF Stock | USD 28.43 0.65 2.24% |
| Symbol | Fanuc |
Fanuc '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 Fanuc'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 Fanuc.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Fanuc on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Fanuc or generate 0.0% return on investment in Fanuc over 30 days. Fanuc is related to or competes with GE Aerospace, Eaton PLC, Schneider Electric, Schneider Electric, Illinois Tool, Parker Hannifin, and Emerson Electric. Fanuc Corporation provides factory automation products in Japan, the Americas, Europe, China, the rest of Asia, and inte... More
Fanuc 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 Fanuc'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 Fanuc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.38 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 18.93 | |||
| Value At Risk | (5.02) | |||
| Potential Upside | 4.55 |
Fanuc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fanuc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fanuc's standard deviation. In reality, there are many statistical measures that can use Fanuc historical prices to predict the future Fanuc's volatility.| Risk Adjusted Performance | 0.0137 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.045 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fanuc'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.
Fanuc Backtested Returns
We consider Fanuc not too volatile. Fanuc secures Sharpe Ratio (or Efficiency) of 0.0075, which denotes the company had a 0.0075% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fanuc, which you can use to evaluate the volatility of the firm. Please confirm Fanuc's Coefficient Of Variation of 10841.2, mean deviation of 2.05, and Downside Deviation of 3.38 to check if the risk estimate we provide is consistent with the expected return of 0.0226%. 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, Fanuc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fanuc is expected to be smaller as well. Fanuc right now shows a risk of 3.0%. Please confirm Fanuc sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Fanuc will be following its price patterns.
Auto-correlation | -0.65 |
Very good reverse predictability
Fanuc has very good reverse predictability. Overlapping area represents the amount of predictability between Fanuc time series from 25th of March 2024 to 9th of April 2024 and 9th of April 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 Fanuc price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Fanuc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Fanuc lagged returns against current returns
Autocorrelation, which is Fanuc 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 Fanuc's pink sheet expected returns. We can calculate the autocorrelation of Fanuc returns to help us make a trade decision. For example, suppose you find that Fanuc 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 |
Fanuc 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 Fanuc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fanuc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fanuc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Fanuc Lagged Returns
When evaluating Fanuc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fanuc pink sheet have on its future price. Fanuc 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, Fanuc autocorrelation shows the relationship between Fanuc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Fanuc.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fanuc in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fanuc's short interest history, or implied volatility extrapolated from Fanuc options trading.
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Complementary Tools for Fanuc Pink Sheet analysis
When running Fanuc's price analysis, check to measure Fanuc'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 Fanuc is operating at the current time. Most of Fanuc's value examination focuses on studying past and present price action to predict the probability of Fanuc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fanuc's price. Additionally, you may evaluate how the addition of Fanuc to your portfolios can decrease your overall portfolio volatility.
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Fanuc 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.