Focus Graphite Stock Market Value
| FMS Stock | CAD 0.08 0.01 11.11% |
| Symbol | Focus |
Focus Graphite Price To Book Ratio
Focus Graphite '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 Focus Graphite'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 Focus Graphite.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Focus Graphite on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Focus Graphite or generate 0.0% return on investment in Focus Graphite over 30 days. Focus Graphite is related to or competes with Lomiko Metals, and Graphite One. Focus Graphite Inc., an exploration stage company, acquires, explores, and develops mineral properties in Quebec, Canada More
Focus Graphite 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 Focus Graphite'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 Focus Graphite upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 25.0 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 10.0 |
Focus Graphite Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Focus Graphite's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Focus Graphite's standard deviation. In reality, there are many statistical measures that can use Focus Graphite historical prices to predict the future Focus Graphite's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.77) | |||
| Total Risk Alpha | (1.60) | |||
| Treynor Ratio | (1.71) |
Focus Graphite Backtested Returns
Focus Graphite secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of standard deviation over the last 3 months. Focus Graphite exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Focus Graphite's Coefficient Of Variation of (757.55), mean deviation of 3.1, and Standard Deviation of 5.32 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.42, which means possible diversification benefits within a given portfolio. As returns on the market increase, Focus Graphite's returns are expected to increase less than the market. However, during the bear market, the loss of holding Focus Graphite is expected to be smaller as well. At this point, Focus Graphite has a negative expected return of -0.62%. Please make sure to confirm Focus Graphite's information ratio and the relationship between the maximum drawdown and price action indicator , to decide if Focus Graphite performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Focus Graphite has very weak predictability. Overlapping area represents the amount of predictability between Focus Graphite time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Focus Graphite price movement. The serial correlation of 0.19 indicates that over 19.0% of current Focus Graphite price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Focus Graphite lagged returns against current returns
Autocorrelation, which is Focus Graphite 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 Focus Graphite's stock expected returns. We can calculate the autocorrelation of Focus Graphite returns to help us make a trade decision. For example, suppose you find that Focus Graphite 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 |
Focus Graphite 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 Focus Graphite stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Focus Graphite stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Focus Graphite stock over time.
Current vs Lagged Prices |
| Timeline |
Focus Graphite Lagged Returns
When evaluating Focus Graphite's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Focus Graphite stock have on its future price. Focus Graphite 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, Focus Graphite autocorrelation shows the relationship between Focus Graphite stock current value and its past values and can show if there is a momentum factor associated with investing in Focus Graphite.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Focus Stock Analysis
When running Focus Graphite's price analysis, check to measure Focus Graphite'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 Focus Graphite is operating at the current time. Most of Focus Graphite's value examination focuses on studying past and present price action to predict the probability of Focus Graphite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Focus Graphite's price. Additionally, you may evaluate how the addition of Focus Graphite to your portfolios can decrease your overall portfolio volatility.