F SECURE (Finland) Market Value
| FSECURE Stock | 2.02 0.04 1.94% |
| Symbol | FSECURE |
F SECURE '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 F SECURE'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 F SECURE.
| 04/21/2024 |
| 06/20/2024 |
If you would invest 0.00 in F SECURE on April 21, 2024 and sell it all today you would earn a total of 0.00 from holding F SECURE OYJ or generate 0.0% return on investment in F SECURE over 60 days. F SECURE is related to or competes with Vaisala Oyj, Kamux Suomi, Kempower Oyj, Optomed PLC, Telefonaktiebolaget, and Telia Company. More
F SECURE 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 F SECURE'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 F SECURE OYJ upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.14 | |||
| Information Ratio | 0.1012 | |||
| Maximum Drawdown | 12.22 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 4.65 |
F SECURE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for F SECURE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as F SECURE's standard deviation. In reality, there are many statistical measures that can use F SECURE historical prices to predict the future F SECURE's volatility.| Risk Adjusted Performance | 0.0736 | |||
| Jensen Alpha | 0.232 | |||
| Total Risk Alpha | 0.2254 | |||
| Sortino Ratio | 0.1077 | |||
| Treynor Ratio | 0.5014 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of F SECURE'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.
F SECURE OYJ Backtested Returns
F SECURE appears to be relatively risky, given 3 months investment horizon. F SECURE OYJ secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for F SECURE OYJ, which you can use to evaluate the volatility of the entity. Please utilize F SECURE's Mean Deviation of 1.67, downside deviation of 2.14, and Market Risk Adjusted Performance of 0.5114 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, F SECURE holds a performance score of 9. The firm shows a Beta (market volatility) of 0.46, which means possible diversification benefits within a given portfolio. As returns on the market increase, F SECURE's returns are expected to increase less than the market. However, during the bear market, the loss of holding F SECURE is expected to be smaller as well. Please check F SECURE's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether F SECURE's price patterns will revert.
Auto-correlation | -0.03 |
Very weak reverse predictability
F SECURE OYJ has very weak reverse predictability. Overlapping area represents the amount of predictability between F SECURE time series from 21st of April 2024 to 21st of May 2024 and 21st of May 2024 to 20th of June 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 F SECURE OYJ price movement. The serial correlation of -0.03 indicates that only 3.0% of current F SECURE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
F SECURE OYJ lagged returns against current returns
Autocorrelation, which is F SECURE 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 F SECURE's stock expected returns. We can calculate the autocorrelation of F SECURE returns to help us make a trade decision. For example, suppose you find that F SECURE 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 |
F SECURE 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 F SECURE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if F SECURE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in F SECURE stock over time.
Current vs Lagged Prices |
| Timeline |
F SECURE Lagged Returns
When evaluating F SECURE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of F SECURE stock have on its future price. F SECURE 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, F SECURE autocorrelation shows the relationship between F SECURE stock current value and its past values and can show if there is a momentum factor associated with investing in F SECURE OYJ.
Regressed Prices |
| Timeline |
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Other Information on Investing in FSECURE Stock
F SECURE financial ratios help investors to determine whether FSECURE 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 FSECURE with respect to the benefits of owning F SECURE security.