Freedom Bank Of Stock Market Value
| FDVA Stock | USD 10.56 0.04 0.38% |
| Symbol | Freedom |
Freedom Bank '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 Freedom Bank'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 Freedom Bank.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Freedom Bank on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Freedom Bank of or generate 0.0% return on investment in Freedom Bank over 30 days. Freedom Bank is related to or competes with Invesco High, Blackrock Muniholdings, MFS Investment, and Federated Premier. Freedom Financial Holdings, Inc. operates as the bank holding company for The Freedom Bank of Virginia that provides com... More
Freedom Bank 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 Freedom Bank'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 Freedom Bank of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 7.21 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 2.24 |
Freedom Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Freedom Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Freedom Bank's standard deviation. In reality, there are many statistical measures that can use Freedom Bank historical prices to predict the future Freedom Bank's volatility.| Risk Adjusted Performance | 0.0629 | |||
| Jensen Alpha | 0.0838 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (1.65) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Freedom Bank'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.
Freedom Bank Backtested Returns
At this point, Freedom Bank is not too volatile. Freedom Bank secures Sharpe Ratio (or Efficiency) of 0.0535, which denotes the company had a 0.0535% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Freedom Bank of, which you can use to evaluate the volatility of the firm. Please confirm Freedom Bank's Coefficient Of Variation of 1280.7, downside deviation of 1.38, and Mean Deviation of 0.7152 to check if the risk estimate we provide is consistent with the expected return of 0.0605%. Freedom Bank has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.048, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Freedom Bank are expected to decrease at a much lower rate. During the bear market, Freedom Bank is likely to outperform the market. Freedom Bank right now shows a risk of 1.13%. Please confirm Freedom Bank coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to decide if Freedom Bank will be following its price patterns.
Auto-correlation | -0.38 |
Poor reverse predictability
Freedom Bank of has poor reverse predictability. Overlapping area represents the amount of predictability between Freedom Bank time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Freedom Bank price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Freedom Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Freedom Bank lagged returns against current returns
Autocorrelation, which is Freedom Bank 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 Freedom Bank's otc stock expected returns. We can calculate the autocorrelation of Freedom Bank returns to help us make a trade decision. For example, suppose you find that Freedom Bank 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 |
Freedom Bank 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 Freedom Bank otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Freedom Bank otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Freedom Bank otc stock over time.
Current vs Lagged Prices |
| Timeline |
Freedom Bank Lagged Returns
When evaluating Freedom Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Freedom Bank otc stock have on its future price. Freedom Bank 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, Freedom Bank autocorrelation shows the relationship between Freedom Bank otc stock current value and its past values and can show if there is a momentum factor associated with investing in Freedom Bank of.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Freedom OTC Stock
Freedom Bank financial ratios help investors to determine whether Freedom 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 Freedom with respect to the benefits of owning Freedom Bank security.