ForFarmers (Netherlands) Market Value
| FFARM Stock | EUR 2.58 0.03 1.15% |
| Symbol | ForFarmers |
ForFarmers '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 ForFarmers' 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 ForFarmers.
| 04/06/2024 |
| 05/06/2024 |
If you would invest 0.00 in ForFarmers on April 6, 2024 and sell it all today you would earn a total of 0.00 from holding ForFarmers NV or generate 0.0% return on investment in ForFarmers over 30 days. ForFarmers is related to or competes with Unilever PLC, Koninklijke Philips, NN Group, ING Groep, and ASML Holding. ForFarmers N.V. provides feed solutions for organic livestock farming in the Netherlands, Germany, Belgium, Poland, and ... More
ForFarmers 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 ForFarmers' 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 ForFarmers NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.0733 | |||
| Maximum Drawdown | 6.23 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 2.73 |
ForFarmers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ForFarmers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ForFarmers' standard deviation. In reality, there are many statistical measures that can use ForFarmers historical prices to predict the future ForFarmers' volatility.| Risk Adjusted Performance | 0.0828 | |||
| Jensen Alpha | 0.1828 | |||
| Total Risk Alpha | 0.0087 | |||
| Sortino Ratio | 0.0799 | |||
| Treynor Ratio | 1.66 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ForFarmers' 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.
ForFarmers NV Backtested Returns
ForFarmers appears to be slightly risky, given 3 months investment horizon. ForFarmers NV secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for ForFarmers NV, which you can use to evaluate the volatility of the firm. Please utilize ForFarmers' Downside Deviation of 1.52, mean deviation of 1.18, and Coefficient Of Variation of 824.41 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ForFarmers holds a performance score of 10. The firm shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, ForFarmers' returns are expected to increase less than the market. However, during the bear market, the loss of holding ForFarmers is expected to be smaller as well. Please check ForFarmers' skewness, and the relationship between the value at risk and day median price , to make a quick decision on whether ForFarmers' price patterns will revert.
Auto-correlation | -0.83 |
Excellent reverse predictability
ForFarmers NV has excellent reverse predictability. Overlapping area represents the amount of predictability between ForFarmers time series from 6th of April 2024 to 21st of April 2024 and 21st of April 2024 to 6th of May 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 ForFarmers NV price movement. The serial correlation of -0.83 indicates that around 83.0% of current ForFarmers price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
ForFarmers NV lagged returns against current returns
Autocorrelation, which is ForFarmers 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 ForFarmers' stock expected returns. We can calculate the autocorrelation of ForFarmers returns to help us make a trade decision. For example, suppose you find that ForFarmers 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 |
ForFarmers 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 ForFarmers stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ForFarmers stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ForFarmers stock over time.
Current vs Lagged Prices |
| Timeline |
ForFarmers Lagged Returns
When evaluating ForFarmers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ForFarmers stock have on its future price. ForFarmers 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, ForFarmers autocorrelation shows the relationship between ForFarmers stock current value and its past values and can show if there is a momentum factor associated with investing in ForFarmers NV.
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 ForFarmers 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, ForFarmers' short interest history, or implied volatility extrapolated from ForFarmers options trading.
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When running ForFarmers' price analysis, check to measure ForFarmers' 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 ForFarmers is operating at the current time. Most of ForFarmers' value examination focuses on studying past and present price action to predict the probability of ForFarmers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ForFarmers' price. Additionally, you may evaluate how the addition of ForFarmers to your portfolios can decrease your overall portfolio volatility.
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ForFarmers technical stock 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, stock market cycles, or different charting patterns.