Frontier Digital (Australia) Market Value
| FDV Stock | 0.40 0.01 2.56% |
| Symbol | Frontier |
Frontier Digital '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 Frontier Digital'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 Frontier Digital.
| 09/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Frontier Digital on September 26, 2024 and sell it all today you would earn a total of 0.00 from holding Frontier Digital Ventures or generate 0.0% return on investment in Frontier Digital over 60 days. Frontier Digital is related to or competes with IShares Global, Adriatic Metals, Australian Agricultural, and VanEck FTSE. Frontier Digital is entity of Australia. It is traded as Stock on AU exchange. More
Frontier Digital 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 Frontier Digital'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 Frontier Digital Ventures upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.1 | |||
| Information Ratio | 0.0167 | |||
| Maximum Drawdown | 24.1 | |||
| Value At Risk | (6.98) | |||
| Potential Upside | 6.82 |
Frontier Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Frontier Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Frontier Digital's standard deviation. In reality, there are many statistical measures that can use Frontier Digital historical prices to predict the future Frontier Digital's volatility.| Risk Adjusted Performance | 0.0461 | |||
| Jensen Alpha | 0.2164 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | 0.013 | |||
| Treynor Ratio | (0.77) |
Frontier Digital Ventures Backtested Returns
Frontier Digital appears to be out of control, given 3 months investment horizon. Frontier Digital Ventures secures Sharpe Ratio (or Efficiency) of 0.0495, which denotes the company had a 0.0495% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Frontier Digital Ventures, which you can use to evaluate the volatility of the firm. Please utilize Frontier Digital's Mean Deviation of 2.87, downside deviation of 5.1, and Coefficient Of Variation of 2018.6 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Frontier Digital holds a performance score of 3. The firm shows a Beta (market volatility) of -0.24, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Frontier Digital are expected to decrease at a much lower rate. During the bear market, Frontier Digital is likely to outperform the market. Please check Frontier Digital's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Frontier Digital's price patterns will revert.
Auto-correlation | 0.32 |
Below average predictability
Frontier Digital Ventures has below average predictability. Overlapping area represents the amount of predictability between Frontier Digital time series from 26th of September 2024 to 26th of October 2024 and 26th of October 2024 to 25th 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 Frontier Digital Ventures price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Frontier Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Frontier Digital Ventures lagged returns against current returns
Autocorrelation, which is Frontier Digital 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 Frontier Digital's stock expected returns. We can calculate the autocorrelation of Frontier Digital returns to help us make a trade decision. For example, suppose you find that Frontier Digital 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 |
Frontier Digital 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 Frontier Digital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Frontier Digital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Frontier Digital stock over time.
Current vs Lagged Prices |
| Timeline |
Frontier Digital Lagged Returns
When evaluating Frontier Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Frontier Digital stock have on its future price. Frontier Digital 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, Frontier Digital autocorrelation shows the relationship between Frontier Digital stock current value and its past values and can show if there is a momentum factor associated with investing in Frontier Digital Ventures.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Frontier Stock Analysis
When running Frontier Digital's price analysis, check to measure Frontier Digital'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 Frontier Digital is operating at the current time. Most of Frontier Digital's value examination focuses on studying past and present price action to predict the probability of Frontier Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frontier Digital's price. Additionally, you may evaluate how the addition of Frontier Digital to your portfolios can decrease your overall portfolio volatility.