Fidelity National Financial Stock Market Value
| FNF Stock | USD 61.78 1.12 1.85% |
| Symbol | Fidelity |
Fidelity National Price To Book Ratio
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fidelity National. If investors know Fidelity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fidelity National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Dividend Share 1.92 | Earnings Share 2.75 | Revenue Per Share 49.972 | Quarterly Revenue Growth 0.294 |
The market value of Fidelity National is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity National's value that differs from its market value or its book value, called intrinsic value, which is Fidelity National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity National's market value can be influenced by many factors that don't directly affect Fidelity National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Fidelity National '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 Fidelity National'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 Fidelity National.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Fidelity National on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Fidelity National Financial or generate 0.0% return on investment in Fidelity National over 30 days. Fidelity National is related to or competes with AXIS Capital, Assured Guaranty, Enact Holdings, NMI Holdings, Radian, Essent, and James River. Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United Sta... More
Fidelity National 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 Fidelity National'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 Fidelity National Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 5.59 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 2.02 |
Fidelity National Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity National's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidelity National's standard deviation. In reality, there are many statistical measures that can use Fidelity National historical prices to predict the future Fidelity National's volatility.| Risk Adjusted Performance | 0.0719 | |||
| Jensen Alpha | 0.0334 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1559 |
Fidelity National Backtested Returns
At this point, Fidelity National is very steady. Fidelity National 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-nine technical indicators for Fidelity National Financial, which you can use to evaluate the volatility of the firm. Please confirm Fidelity National's Coefficient Of Variation of 1112.21, mean deviation of 0.8653, and Downside Deviation of 1.1 to check if the risk estimate we provide is consistent with the expected return of 0.0599%. Fidelity National has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.59, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidelity National's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidelity National is expected to be smaller as well. Fidelity National right now shows a risk of 1.12%. Please confirm Fidelity National potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if Fidelity National will be following its price patterns.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Fidelity National Financial has insignificant reverse predictability. Overlapping area represents the amount of predictability between Fidelity National time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Fidelity National price movement. The serial correlation of -0.2 indicates that over 20.0% of current Fidelity National price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Fidelity National lagged returns against current returns
Autocorrelation, which is Fidelity National 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 Fidelity National's stock expected returns. We can calculate the autocorrelation of Fidelity National returns to help us make a trade decision. For example, suppose you find that Fidelity National 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 |
Fidelity National 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 Fidelity National stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidelity National stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fidelity National stock over time.
Current vs Lagged Prices |
| Timeline |
Fidelity National Lagged Returns
When evaluating Fidelity National's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidelity National stock have on its future price. Fidelity National 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, Fidelity National autocorrelation shows the relationship between Fidelity National stock current value and its past values and can show if there is a momentum factor associated with investing in Fidelity National Financial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Fidelity National is a strong investment it is important to analyze Fidelity National's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fidelity National's future performance. For an informed investment choice regarding Fidelity Stock, refer to the following important reports:Check out Fidelity National Correlation, Fidelity National Volatility and Fidelity National Alpha and Beta module to complement your research on Fidelity National. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Fidelity National technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.