Flinders Resources Limited Stock Market Value
| FDR Stock | CAD 5.12 0.17 3.43% |
| Symbol | Flinders |
Flinders Resources '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 Flinders Resources' 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 Flinders Resources.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Flinders Resources on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Flinders Resources Limited or generate 0.0% return on investment in Flinders Resources over 30 days. Flinders Resources is related to or competes with Advent Wireless, IGM Financial, South Pacific, IA Financial, T2 Metals, and Lion One. Leading Edge Materials Corporation, an exploration company, engages in the exploration and development of mineral resource properties in Sweden. More
Flinders Resources 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 Flinders Resources' 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 Flinders Resources Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.39 | |||
| Information Ratio | 0.1363 | |||
| Maximum Drawdown | 20.83 | |||
| Value At Risk | (5.62) | |||
| Potential Upside | 9.02 |
Flinders Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flinders Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flinders Resources' standard deviation. In reality, there are many statistical measures that can use Flinders Resources historical prices to predict the future Flinders Resources' volatility.| Risk Adjusted Performance | 0.1298 | |||
| Jensen Alpha | 0.6028 | |||
| Total Risk Alpha | 0.4932 | |||
| Sortino Ratio | 0.1771 | |||
| Treynor Ratio | 0.7041 |
Flinders Resources Backtested Returns
Flinders Resources appears to be relatively risky, given 3 months investment horizon. Flinders Resources 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. By reviewing Flinders Resources' technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please utilize Flinders Resources' Mean Deviation of 3.35, downside deviation of 3.39, and Coefficient Of Variation of 692.76 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Flinders Resources holds a performance score of 11. The firm shows a Beta (market volatility) of 0.89, which means possible diversification benefits within a given portfolio. Flinders Resources returns are very sensitive to returns on the market. As the market goes up or down, Flinders Resources is expected to follow. Please check Flinders Resources' jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Flinders Resources' price patterns will revert.
Auto-correlation | -0.89 |
Excellent reverse predictability
Flinders Resources Limited has excellent reverse predictability. Overlapping area represents the amount of predictability between Flinders Resources time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 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 Flinders Resources price movement. The serial correlation of -0.89 indicates that approximately 89.0% of current Flinders Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.89 | |
| Spearman Rank Test | -0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Flinders Resources lagged returns against current returns
Autocorrelation, which is Flinders Resources 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 Flinders Resources' stock expected returns. We can calculate the autocorrelation of Flinders Resources returns to help us make a trade decision. For example, suppose you find that Flinders Resources 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 |
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Flinders Resources 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 Flinders Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flinders Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Flinders Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Flinders Resources Lagged Returns
When evaluating Flinders Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flinders Resources stock have on its future price. Flinders Resources 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, Flinders Resources autocorrelation shows the relationship between Flinders Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Flinders Resources Limited.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Flinders Stock Analysis
When running Flinders Resources' price analysis, check to measure Flinders Resources' 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 Flinders Resources is operating at the current time. Most of Flinders Resources' value examination focuses on studying past and present price action to predict the probability of Flinders Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flinders Resources' price. Additionally, you may evaluate how the addition of Flinders Resources to your portfolios can decrease your overall portfolio volatility.