Fiplasto (Argentina) Market Value
| FIPL Stock | ARS 316.00 3.50 1.12% |
| Symbol | Fiplasto |
Fiplasto '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 Fiplasto'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 Fiplasto.
| 09/09/2023 |
| 12/02/2024 |
If you would invest 0.00 in Fiplasto on September 9, 2023 and sell it all today you would earn a total of 0.00 from holding Fiplasto SA or generate 0.0% return on investment in Fiplasto over 450 days. Fiplasto is related to or competes with Longvie SA, Edesa Holding, American Express, United States, Capex SA, Central Puerto, and Pfizer. It offers a range of products for industry, construction, and home purpose, including chapadur, blackboards, floors, dec... More
Fiplasto 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 Fiplasto'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 Fiplasto SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 8.98 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 4.26 |
Fiplasto Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fiplasto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fiplasto's standard deviation. In reality, there are many statistical measures that can use Fiplasto historical prices to predict the future Fiplasto's volatility.| Risk Adjusted Performance | 0.0398 | |||
| Jensen Alpha | 0.0725 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 1.68 |
Fiplasto SA Backtested Returns
At this point, Fiplasto is very steady. Fiplasto SA secures Sharpe Ratio (or Efficiency) of 0.0324, which denotes the company had a 0.0324% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fiplasto SA, which you can use to evaluate the volatility of the firm. Please confirm Fiplasto's Downside Deviation of 1.91, coefficient of variation of 2276.18, and Mean Deviation of 1.48 to check if the risk estimate we provide is consistent with the expected return of 0.0663%. Fiplasto has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0467, which means not very significant fluctuations relative to the market. As returns on the market increase, Fiplasto's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fiplasto is expected to be smaller as well. Fiplasto SA right now shows a risk of 2.05%. Please confirm Fiplasto SA sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Fiplasto SA will be following its price patterns.
Auto-correlation | -0.07 |
Very weak reverse predictability
Fiplasto SA has very weak reverse predictability. Overlapping area represents the amount of predictability between Fiplasto time series from 9th of September 2023 to 21st of April 2024 and 21st of April 2024 to 2nd 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 Fiplasto SA price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Fiplasto price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 202.65 |
Fiplasto SA lagged returns against current returns
Autocorrelation, which is Fiplasto 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 Fiplasto's stock expected returns. We can calculate the autocorrelation of Fiplasto returns to help us make a trade decision. For example, suppose you find that Fiplasto 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 |
Fiplasto 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 Fiplasto stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fiplasto stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fiplasto stock over time.
Current vs Lagged Prices |
| Timeline |
Fiplasto Lagged Returns
When evaluating Fiplasto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fiplasto stock have on its future price. Fiplasto 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, Fiplasto autocorrelation shows the relationship between Fiplasto stock current value and its past values and can show if there is a momentum factor associated with investing in Fiplasto SA.
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 Fiplasto Stock
Fiplasto financial ratios help investors to determine whether Fiplasto 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 Fiplasto with respect to the benefits of owning Fiplasto security.