Flint Telecom Group Stock Market Value
| EAXR Stock | USD 1.00 0.00 0.00% |
| Symbol | Flint |
Flint Telecom '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 Flint Telecom'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 Flint Telecom.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Flint Telecom on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Flint Telecom Group or generate 0.0% return on investment in Flint Telecom over 30 days. EALIXIR Inc. operates in the digital industry in Italy and internationally More
Flint Telecom 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 Flint Telecom'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 Flint Telecom Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 61.85 | |||
| Value At Risk | (8.60) |
Flint Telecom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flint Telecom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flint Telecom's standard deviation. In reality, there are many statistical measures that can use Flint Telecom historical prices to predict the future Flint Telecom's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (1.46) | |||
| Treynor Ratio | (0.19) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Flint Telecom'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.
Flint Telecom Group Backtested Returns
Flint Telecom Group secures Sharpe Ratio (or Efficiency) of -0.0225, which denotes the company had a -0.0225% return per unit of risk over the last 3 months. Flint Telecom Group exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Flint Telecom's Standard Deviation of 8.06, variance of 65.0, and Mean Deviation of 2.65 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.0, which means possible diversification benefits within a given portfolio. Flint Telecom returns are very sensitive to returns on the market. As the market goes up or down, Flint Telecom is expected to follow. At this point, Flint Telecom Group has a negative expected return of -0.19%. Please make sure to confirm Flint Telecom's coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day median price , to decide if Flint Telecom Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Flint Telecom Group has no correlation between past and present. Overlapping area represents the amount of predictability between Flint Telecom time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 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 Flint Telecom Group price movement. The serial correlation of 0.0 indicates that just 0.0% of current Flint Telecom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Flint Telecom Group lagged returns against current returns
Autocorrelation, which is Flint Telecom 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 Flint Telecom's pink sheet expected returns. We can calculate the autocorrelation of Flint Telecom returns to help us make a trade decision. For example, suppose you find that Flint Telecom 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 |
Flint Telecom 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 Flint Telecom pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flint Telecom pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Flint Telecom pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Flint Telecom Lagged Returns
When evaluating Flint Telecom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flint Telecom pink sheet have on its future price. Flint Telecom 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, Flint Telecom autocorrelation shows the relationship between Flint Telecom pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Flint Telecom Group.
Regressed Prices |
| Timeline |
Pair Trading with Flint Telecom
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Flint Telecom position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Flint Telecom will appreciate offsetting losses from the drop in the long position's value.Moving together with Flint Pink Sheet
Moving against Flint Pink Sheet
| 0.75 | FIS | Fidelity National | PairCorr |
| 0.68 | WIT | Wipro Limited ADR | PairCorr |
| 0.59 | IT | Gartner | PairCorr |
| 0.54 | FISV | Fiserv Inc | PairCorr |
| 0.52 | ACN | Accenture plc | PairCorr |
The ability to find closely correlated positions to Flint Telecom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flint Telecom when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Flint Telecom - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Flint Telecom Group to buy it.
The correlation of Flint Telecom is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Flint Telecom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flint Telecom Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Flint Telecom can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Flint Pink Sheet Analysis
When running Flint Telecom's price analysis, check to measure Flint Telecom'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 Flint Telecom is operating at the current time. Most of Flint Telecom's value examination focuses on studying past and present price action to predict the probability of Flint Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flint Telecom's price. Additionally, you may evaluate how the addition of Flint Telecom to your portfolios can decrease your overall portfolio volatility.