Financial 15 Split Stock Market Value
| FNNCF Stock | USD 7.28 0.21 2.97% |
| Symbol | Financial |
Financial '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 Financial's pink sheet 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 Financial.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Financial on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Financial 15 Split or generate 0.0% return on investment in Financial over 720 days. Financial is related to or competes with Invesco High, Blackrock Muniholdings, Nuveen California, MFS Investment, and Federated Premier. Financial 15 Split Corp. is an close ended equity mutual fund launched by Quadravest Inc More
Financial 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 Financial's pink sheet 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 Financial 15 Split upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.35 | |||
| Information Ratio | 0.1327 | |||
| Maximum Drawdown | 10.63 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 2.99 |
Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Financial's standard deviation. In reality, there are many statistical measures that can use Financial historical prices to predict the future Financial's volatility.| Risk Adjusted Performance | 0.164 | |||
| Jensen Alpha | 0.3513 | |||
| Total Risk Alpha | 0.0769 | |||
| Sortino Ratio | 0.099 | |||
| Treynor Ratio | 31.21 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Financial'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.
Financial 15 Split Backtested Returns
Financial appears to be not too volatile, given 3 months investment horizon. Financial 15 Split secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Financial 15 Split, which you can use to evaluate the volatility of the firm. Please utilize Financial's Mean Deviation of 1.24, coefficient of variation of 482.7, and Downside Deviation of 2.35 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Financial holds a performance score of 13. The firm shows a Beta (market volatility) of 0.0113, which means not very significant fluctuations relative to the market. As returns on the market increase, Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Financial is expected to be smaller as well. Please check Financial's downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether Financial's price patterns will revert.
Auto-correlation | -0.4 |
Poor reverse predictability
Financial 15 Split has poor reverse predictability. Overlapping area represents the amount of predictability between Financial time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Financial 15 Split price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Financial 15 Split lagged returns against current returns
Autocorrelation, which is Financial pink sheet'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 Financial's pink sheet expected returns. We can calculate the autocorrelation of Financial returns to help us make a trade decision. For example, suppose you find that Financial has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Financial 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 Financial pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Financial pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Financial pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Financial Lagged Returns
When evaluating Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Financial pink sheet have on its future price. Financial 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, Financial autocorrelation shows the relationship between Financial pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Financial 15 Split.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Financial Pink Sheet
Financial financial ratios help investors to determine whether Financial Pink Sheet 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 Financial with respect to the benefits of owning Financial security.