Filo Mining (Sweden) Market Value
| FIL Stock | SEK 254.00 3.50 1.36% |
| Symbol | Filo |
Filo Mining '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 Filo Mining'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 Filo Mining.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Filo Mining on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Filo Mining Corp or generate 0.0% return on investment in Filo Mining over 30 days. Filo Mining is related to or competes with Invisio Communications, JLT Mobile, AVTECH Sweden, Viva Wine, Episurf Medical, Bio Works, and Lohilo Foods. Filo Mining Corp., together with its subsidiaries, engages in the identification, acquisition, exploration, evaluation, ... More
Filo Mining 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 Filo Mining'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 Filo Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.47 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 1.51 |
Filo Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Filo Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Filo Mining's standard deviation. In reality, there are many statistical measures that can use Filo Mining historical prices to predict the future Filo Mining's volatility.| Risk Adjusted Performance | 0.0588 | |||
| Jensen Alpha | 0.0318 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.2195 |
Filo Mining Corp Backtested Returns
Currently, Filo Mining Corp is very steady. Filo Mining Corp secures Sharpe Ratio (or Efficiency) of 0.0893, which denotes the company had a 0.0893% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Filo Mining Corp, which you can use to evaluate the volatility of the firm. Please confirm Filo Mining's Coefficient Of Variation of 1367.02, mean deviation of 0.8184, and Downside Deviation of 1.04 to check if the risk estimate we provide is consistent with the expected return of 0.0962%. Filo Mining has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, Filo Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Filo Mining is expected to be smaller as well. Filo Mining Corp right now shows a risk of 1.08%. Please confirm Filo Mining Corp jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Filo Mining Corp will be following its price patterns.
Auto-correlation | 0.58 |
Modest predictability
Filo Mining Corp has modest predictability. Overlapping area represents the amount of predictability between Filo Mining time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Filo Mining Corp price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Filo Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 13.25 |
Filo Mining Corp lagged returns against current returns
Autocorrelation, which is Filo Mining 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 Filo Mining's stock expected returns. We can calculate the autocorrelation of Filo Mining returns to help us make a trade decision. For example, suppose you find that Filo Mining 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 |
Filo Mining 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 Filo Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Filo Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Filo Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Filo Mining Lagged Returns
When evaluating Filo Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Filo Mining stock have on its future price. Filo Mining 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, Filo Mining autocorrelation shows the relationship between Filo Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Filo Mining Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Filo Stock Analysis
When running Filo Mining's price analysis, check to measure Filo Mining'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 Filo Mining is operating at the current time. Most of Filo Mining's value examination focuses on studying past and present price action to predict the probability of Filo Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Filo Mining's price. Additionally, you may evaluate how the addition of Filo Mining to your portfolios can decrease your overall portfolio volatility.