Focus Graphite Stock Market Value
| FCSMF Stock | USD 0.06 0.01 13.20% |
| Symbol | Focus |
Focus Graphite '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 Focus Graphite's otc 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 Focus Graphite.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Focus Graphite on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Focus Graphite or generate 0.0% return on investment in Focus Graphite over 540 days. Focus Graphite is related to or competes with Syrah Resources, IGO, LithiumBank Resources, and Mineral Res. Focus Graphite Inc., an exploration stage company, acquires, explores, and develops mineral properties in Quebec, Canada More
Focus Graphite 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 Focus Graphite's otc 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 Focus Graphite upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 36.67 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 16.67 |
Focus Graphite Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Focus Graphite's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Focus Graphite's standard deviation. In reality, there are many statistical measures that can use Focus Graphite historical prices to predict the future Focus Graphite's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.64) | |||
| Total Risk Alpha | (1.95) | |||
| Treynor Ratio | (0.44) |
Focus Graphite Backtested Returns
Focus Graphite secures Sharpe Ratio (or Efficiency) of -0.0496, which denotes the company had a -0.0496% return per unit of standard deviation over the last 3 months. Focus Graphite exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Focus Graphite's Standard Deviation of 8.75, mean deviation of 5.49, and Coefficient Of Variation of (1,813) to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.13, which means a somewhat significant risk relative to the market. Focus Graphite returns are very sensitive to returns on the market. As the market goes up or down, Focus Graphite is expected to follow. At this point, Focus Graphite has a negative expected return of -0.44%. Please make sure to confirm Focus Graphite's information ratio and the relationship between the maximum drawdown and price action indicator , to decide if Focus Graphite performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.81 |
Very good predictability
Focus Graphite has very good predictability. Overlapping area represents the amount of predictability between Focus Graphite time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th 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 Focus Graphite price movement. The serial correlation of 0.81 indicates that around 81.0% of current Focus Graphite price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Focus Graphite lagged returns against current returns
Autocorrelation, which is Focus Graphite otc 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 Focus Graphite's otc stock expected returns. We can calculate the autocorrelation of Focus Graphite returns to help us make a trade decision. For example, suppose you find that Focus Graphite has exhibited high autocorrelation historically, and you observe that the otc 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 |
Focus Graphite 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 Focus Graphite otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Focus Graphite otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Focus Graphite otc stock over time.
Current vs Lagged Prices |
| Timeline |
Focus Graphite Lagged Returns
When evaluating Focus Graphite's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Focus Graphite otc stock have on its future price. Focus Graphite 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, Focus Graphite autocorrelation shows the relationship between Focus Graphite otc stock current value and its past values and can show if there is a momentum factor associated with investing in Focus Graphite.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Focus OTC Stock
Focus Graphite financial ratios help investors to determine whether Focus OTC 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 Focus with respect to the benefits of owning Focus Graphite security.