Finexia Financial (Australia) Market Value
| FNX Stock | 0.32 0.02 6.67% |
| Symbol | Finexia |
Finexia 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 Finexia Financial'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 Finexia Financial.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Finexia Financial on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Finexia Financial Group or generate 0.0% return on investment in Finexia Financial over 360 days. Finexia Financial is related to or competes with IShares Global, Ridley, Australian Agricultural, and Ingenia Communities. Finexia Financial is entity of Australia More
Finexia 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 Finexia Financial'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 Finexia Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.38 | |||
| Information Ratio | 0.0545 | |||
| Maximum Drawdown | 31.14 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 7.14 |
Finexia Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Finexia Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Finexia Financial's standard deviation. In reality, there are many statistical measures that can use Finexia Financial historical prices to predict the future Finexia Financial's volatility.| Risk Adjusted Performance | 0.0693 | |||
| Jensen Alpha | 0.3022 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0432 | |||
| Treynor Ratio | 1.11 |
Finexia Financial Backtested Returns
Finexia Financial appears to be out of control, given 3 months investment horizon. Finexia Financial secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Finexia Financial Group, which you can use to evaluate the volatility of the firm. Please utilize Finexia Financial's Downside Deviation of 5.38, mean deviation of 2.31, and Coefficient Of Variation of 1248.63 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Finexia Financial holds a performance score of 8. The firm shows a Beta (market volatility) of 0.3, which means possible diversification benefits within a given portfolio. As returns on the market increase, Finexia Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Finexia Financial is expected to be smaller as well. Please check Finexia Financial's information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Finexia Financial's price patterns will revert.
Auto-correlation | -0.56 |
Good reverse predictability
Finexia Financial Group has good reverse predictability. Overlapping area represents the amount of predictability between Finexia Financial time series from 28th of November 2023 to 26th of May 2024 and 26th of May 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 Finexia Financial price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Finexia Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Finexia Financial lagged returns against current returns
Autocorrelation, which is Finexia Financial 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 Finexia Financial's stock expected returns. We can calculate the autocorrelation of Finexia Financial returns to help us make a trade decision. For example, suppose you find that Finexia Financial 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 |
Finexia 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 Finexia Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Finexia Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Finexia Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Finexia Financial Lagged Returns
When evaluating Finexia Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Finexia Financial stock have on its future price. Finexia 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, Finexia Financial autocorrelation shows the relationship between Finexia Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Finexia Financial Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Finexia Stock Analysis
When running Finexia Financial's price analysis, check to measure Finexia Financial'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 Finexia Financial is operating at the current time. Most of Finexia Financial's value examination focuses on studying past and present price action to predict the probability of Finexia Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Finexia Financial's price. Additionally, you may evaluate how the addition of Finexia Financial to your portfolios can decrease your overall portfolio volatility.