Finemark Holdings Stock Market Value
| FNBT Stock | USD 27.32 0.07 0.26% |
| Symbol | FineMark |
FineMark Holdings '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 FineMark Holdings' 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 FineMark Holdings.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in FineMark Holdings on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding FineMark Holdings or generate 0.0% return on investment in FineMark Holdings over 30 days. FineMark Holdings is related to or competes with Huntington Bancshares, KeyCorp, Citizens Financial, Western Alliance, and US Bancorp. FineMark Holdings, Inc. operates as the holding company for FineMark National Bank Trust that provides various banking p... More
FineMark Holdings 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 FineMark Holdings' 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 FineMark Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6034 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 2.54 | |||
| Value At Risk | (0.55) | |||
| Potential Upside | 0.7394 |
FineMark Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FineMark Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FineMark Holdings' standard deviation. In reality, there are many statistical measures that can use FineMark Holdings historical prices to predict the future FineMark Holdings' volatility.| Risk Adjusted Performance | 0.1758 | |||
| Jensen Alpha | 0.0764 | |||
| Total Risk Alpha | 0.0185 | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 2.57 |
FineMark Holdings Backtested Returns
Currently, FineMark Holdings is very steady. FineMark Holdings secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for FineMark Holdings, which you can use to evaluate the volatility of the firm. Please confirm FineMark Holdings' Mean Deviation of 0.2328, standard deviation of 0.3705, and Coefficient Of Variation of 409.94 to check if the risk estimate we provide is consistent with the expected return of 0.0793%. FineMark Holdings has a performance score of 17 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0313, which means not very significant fluctuations relative to the market. As returns on the market increase, FineMark Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding FineMark Holdings is expected to be smaller as well. FineMark Holdings right now shows a risk of 0.36%. Please confirm FineMark Holdings maximum drawdown, as well as the relationship between the expected short fall and day median price , to decide if FineMark Holdings will be following its price patterns.
Auto-correlation | 0.29 |
Poor predictability
FineMark Holdings has poor predictability. Overlapping area represents the amount of predictability between FineMark Holdings 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 FineMark Holdings price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current FineMark Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
FineMark Holdings lagged returns against current returns
Autocorrelation, which is FineMark Holdings 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 FineMark Holdings' otc stock expected returns. We can calculate the autocorrelation of FineMark Holdings returns to help us make a trade decision. For example, suppose you find that FineMark Holdings 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 |
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FineMark Holdings 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 FineMark Holdings otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FineMark Holdings otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FineMark Holdings otc stock over time.
Current vs Lagged Prices |
| Timeline |
FineMark Holdings Lagged Returns
When evaluating FineMark Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FineMark Holdings otc stock have on its future price. FineMark Holdings 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, FineMark Holdings autocorrelation shows the relationship between FineMark Holdings otc stock current value and its past values and can show if there is a momentum factor associated with investing in FineMark Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for FineMark OTC Stock Analysis
When running FineMark Holdings' price analysis, check to measure FineMark Holdings' 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 FineMark Holdings is operating at the current time. Most of FineMark Holdings' value examination focuses on studying past and present price action to predict the probability of FineMark Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FineMark Holdings' price. Additionally, you may evaluate how the addition of FineMark Holdings to your portfolios can decrease your overall portfolio volatility.