FORTRESS BIOTECHPRFA (Germany) Market Value
| CNB0 Stock | EUR 6.25 0.35 5.30% |
| Symbol | FORTRESS |
FORTRESS BIOTECHPRFA '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 FORTRESS BIOTECHPRFA'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 FORTRESS BIOTECHPRFA.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in FORTRESS BIOTECHPRFA on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding FORTRESS BIOTECHPRFA 25 or generate 0.0% return on investment in FORTRESS BIOTECHPRFA over 90 days. FORTRESS BIOTECHPRFA is related to or competes with National Beverage, HOCHSCHILD MINING, Hochschild Mining, CAL MAINE, SENECA FOODS-A, Boyd Gaming, and US FOODS. Fortress Biotech, Inc., a biopharmaceutical company, develops and commercializes pharmaceutical and biotechnology produc... More
FORTRESS BIOTECHPRFA 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 FORTRESS BIOTECHPRFA'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 FORTRESS BIOTECHPRFA 25 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.13 | |||
| Information Ratio | 0.038 | |||
| Maximum Drawdown | 27.01 | |||
| Value At Risk | (7.74) | |||
| Potential Upside | 8.0 |
FORTRESS BIOTECHPRFA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FORTRESS BIOTECHPRFA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FORTRESS BIOTECHPRFA's standard deviation. In reality, there are many statistical measures that can use FORTRESS BIOTECHPRFA historical prices to predict the future FORTRESS BIOTECHPRFA's volatility.| Risk Adjusted Performance | 0.0743 | |||
| Jensen Alpha | 0.1677 | |||
| Total Risk Alpha | (0.58) | |||
| Sortino Ratio | 0.0374 | |||
| Treynor Ratio | 0.3148 |
FORTRESS BIOTECHPRFA Backtested Returns
FORTRESS BIOTECHPRFA appears to be relatively risky, given 3 months investment horizon. FORTRESS BIOTECHPRFA secures Sharpe Ratio (or Efficiency) of 0.0733, which denotes the company had a 0.0733 % return per unit of volatility over the last 3 months. We have found thirty technical indicators for FORTRESS BIOTECHPRFA 25, which you can use to evaluate the volatility of the firm. Please utilize FORTRESS BIOTECHPRFA's Downside Deviation of 5.13, mean deviation of 3.45, and Market Risk Adjusted Performance of 0.3248 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FORTRESS BIOTECHPRFA holds a performance score of 5. The firm shows a Beta (market volatility) of 1.15, which means a somewhat significant risk relative to the market. FORTRESS BIOTECHPRFA returns are very sensitive to returns on the market. As the market goes up or down, FORTRESS BIOTECHPRFA is expected to follow. Please check FORTRESS BIOTECHPRFA's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether FORTRESS BIOTECHPRFA's price patterns will revert.
Auto-correlation | -0.28 |
Weak reverse predictability
FORTRESS BIOTECHPRFA 25 has weak reverse predictability. Overlapping area represents the amount of predictability between FORTRESS BIOTECHPRFA time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of FORTRESS BIOTECHPRFA price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current FORTRESS BIOTECHPRFA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
FORTRESS BIOTECHPRFA lagged returns against current returns
Autocorrelation, which is FORTRESS BIOTECHPRFA 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 FORTRESS BIOTECHPRFA's stock expected returns. We can calculate the autocorrelation of FORTRESS BIOTECHPRFA returns to help us make a trade decision. For example, suppose you find that FORTRESS BIOTECHPRFA 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 |
FORTRESS BIOTECHPRFA 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 FORTRESS BIOTECHPRFA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FORTRESS BIOTECHPRFA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FORTRESS BIOTECHPRFA stock over time.
Current vs Lagged Prices |
| Timeline |
FORTRESS BIOTECHPRFA Lagged Returns
When evaluating FORTRESS BIOTECHPRFA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FORTRESS BIOTECHPRFA stock have on its future price. FORTRESS BIOTECHPRFA 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, FORTRESS BIOTECHPRFA autocorrelation shows the relationship between FORTRESS BIOTECHPRFA stock current value and its past values and can show if there is a momentum factor associated with investing in FORTRESS BIOTECHPRFA 25.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FORTRESS Stock
FORTRESS BIOTECHPRFA financial ratios help investors to determine whether FORTRESS 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 FORTRESS with respect to the benefits of owning FORTRESS BIOTECHPRFA security.