Fandom Sports Media Stock Market Value
| FDMSF Stock | USD 0 0.00 0.00% |
| Symbol | Fandom |
Fandom Sports '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 Fandom Sports' 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 Fandom Sports.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Fandom Sports on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Fandom Sports Media or generate 0.0% return on investment in Fandom Sports over 720 days. Fandom Sports is related to or competes with LifeSpeak, RESAAS Services, and RenoWorks Software. Fandifi Technology Corp. engages in developing a system generated prediction and fan engagement platform More
Fandom Sports 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 Fandom Sports' 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 Fandom Sports Media upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.2334 | |||
| Maximum Drawdown | 2045.12 | |||
| Value At Risk | (90.24) | |||
| Potential Upside | 950.0 |
Fandom Sports Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fandom Sports' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fandom Sports' standard deviation. In reality, there are many statistical measures that can use Fandom Sports historical prices to predict the future Fandom Sports' volatility.| Risk Adjusted Performance | 0.1886 | |||
| Jensen Alpha | 82.76 | |||
| Total Risk Alpha | 28.03 | |||
| Treynor Ratio | (1.81) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fandom Sports' 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.
Fandom Sports Media Backtested Returns
Fandom Sports is out of control given 3 months investment horizon. Fandom Sports Media secures Sharpe Ratio (or Efficiency) of 0.25, which denotes the company had a 0.25% return per unit of risk over the last 3 months. We are able to interpolate and collect eighteen different technical indicators, which can help you to evaluate if expected returns of 60.4% are justified by taking the suggested risk. Use Fandom Sports Standard Deviation of 333.07, variance of 110933.65, and Mean Deviation of 152.27 to evaluate company specific risk that cannot be diversified away. Fandom Sports holds a performance score of 19 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -42.96, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Fandom Sports are expected to decrease by larger amounts. On the other hand, during market turmoil, Fandom Sports is expected to outperform it. Use Fandom Sports variance, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to analyze future returns on Fandom Sports.
Auto-correlation | 0.53 |
Modest predictability
Fandom Sports Media has modest predictability. Overlapping area represents the amount of predictability between Fandom Sports time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 Fandom Sports Media price movement. The serial correlation of 0.53 indicates that about 53.0% of current Fandom Sports price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fandom Sports Media lagged returns against current returns
Autocorrelation, which is Fandom Sports 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 Fandom Sports' pink sheet expected returns. We can calculate the autocorrelation of Fandom Sports returns to help us make a trade decision. For example, suppose you find that Fandom Sports 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 |
Fandom Sports 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 Fandom Sports pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fandom Sports pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fandom Sports pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Fandom Sports Lagged Returns
When evaluating Fandom Sports' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fandom Sports pink sheet have on its future price. Fandom Sports 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, Fandom Sports autocorrelation shows the relationship between Fandom Sports pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Fandom Sports Media.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Fandom Pink Sheet
Fandom Sports financial ratios help investors to determine whether Fandom Pink Sheet 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 Fandom with respect to the benefits of owning Fandom Sports security.