Fathom Nickel Stock Market Value
| FNICF Stock | USD 0.02 0 5.17% |
| Symbol | Fathom |
Fathom Nickel '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 Fathom Nickel's 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 Fathom Nickel.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Fathom Nickel on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Fathom Nickel or generate 0.0% return on investment in Fathom Nickel over 30 days. Fathom Nickel is related to or competes with NGEx Minerals, Lotus Resources, Lithium Ionic, Magna Mining, Aftermath Silver, and Nevada King. Fathom Nickel Inc., a resource exploration and development company, engages in identifying, acquiring, and exploring the... More
Fathom Nickel 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 Fathom Nickel's 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 Fathom Nickel upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 36.56 | |||
| Value At Risk | (10.03) | |||
| Potential Upside | 11.42 |
Fathom Nickel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fathom Nickel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fathom Nickel's standard deviation. In reality, there are many statistical measures that can use Fathom Nickel historical prices to predict the future Fathom Nickel's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (1.36) | |||
| Treynor Ratio | 0.9175 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fathom Nickel's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fathom Nickel Backtested Returns
Fathom Nickel secures Sharpe Ratio (or Efficiency) of -0.0474, which denotes the company had a -0.0474% return per unit of risk over the last 3 months. Fathom Nickel exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fathom Nickel's Standard Deviation of 6.3, mean deviation of 4.31, and Variance of 39.72 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.34, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fathom Nickel are expected to decrease at a much lower rate. During the bear market, Fathom Nickel is likely to outperform the market. At this point, Fathom Nickel has a negative expected return of -0.3%. Please make sure to confirm Fathom Nickel's potential upside and the relationship between the accumulation distribution and price action indicator , to decide if Fathom Nickel performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.17 |
Very weak predictability
Fathom Nickel has very weak predictability. Overlapping area represents the amount of predictability between Fathom Nickel 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 Fathom Nickel price movement. The serial correlation of 0.17 indicates that over 17.0% of current Fathom Nickel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fathom Nickel lagged returns against current returns
Autocorrelation, which is Fathom Nickel 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 Fathom Nickel's otc stock expected returns. We can calculate the autocorrelation of Fathom Nickel returns to help us make a trade decision. For example, suppose you find that Fathom Nickel 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 |
| Timeline |
Fathom Nickel 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 Fathom Nickel otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fathom Nickel otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fathom Nickel otc stock over time.
Current vs Lagged Prices |
| Timeline |
Fathom Nickel Lagged Returns
When evaluating Fathom Nickel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fathom Nickel otc stock have on its future price. Fathom Nickel 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, Fathom Nickel autocorrelation shows the relationship between Fathom Nickel otc stock current value and its past values and can show if there is a momentum factor associated with investing in Fathom Nickel.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Fathom OTC Stock
Fathom Nickel financial ratios help investors to determine whether Fathom OTC 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 Fathom with respect to the benefits of owning Fathom Nickel security.