Fp Newspapers Stock Market Value
| FPNUF Stock | USD 0.61 0.00 0.00% |
| Symbol | FPNUF |
FP Newspapers '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 FP Newspapers' 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 FP Newspapers.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in FP Newspapers on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding FP Newspapers or generate 0.0% return on investment in FP Newspapers over 360 days. FP Newspapers is related to or competes with HUMANA, SCOR PK, Barloworld, Morningstar Unconstrained, High-yield Municipal, Thrivent High, and SPACE. FP Newspapers Inc. publishes, prints, and distributes daily and weekly newspapers, and specialty publications in Manitob... More
FP Newspapers 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 FP Newspapers' 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 FP Newspapers upside and downside potential and time the market with a certain degree of confidence.
FP Newspapers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FP Newspapers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FP Newspapers' standard deviation. In reality, there are many statistical measures that can use FP Newspapers historical prices to predict the future FP Newspapers' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FP Newspapers' 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.
FP Newspapers Backtested Returns
We have found three technical indicators for FP Newspapers, which you can use to evaluate the volatility of the firm. The firm owns a Beta (Systematic Risk) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and FP Newspapers are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
FP Newspapers has perfect predictability. Overlapping area represents the amount of predictability between FP Newspapers time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 FP Newspapers price movement. The serial correlation of 1.0 indicates that 100.0% of current FP Newspapers price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FP Newspapers lagged returns against current returns
Autocorrelation, which is FP Newspapers 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 FP Newspapers' pink sheet expected returns. We can calculate the autocorrelation of FP Newspapers returns to help us make a trade decision. For example, suppose you find that FP Newspapers 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 |
FP Newspapers 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 FP Newspapers pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FP Newspapers pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FP Newspapers pink sheet over time.
Current vs Lagged Prices |
| Timeline |
FP Newspapers Lagged Returns
When evaluating FP Newspapers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FP Newspapers pink sheet have on its future price. FP Newspapers 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, FP Newspapers autocorrelation shows the relationship between FP Newspapers pink sheet current value and its past values and can show if there is a momentum factor associated with investing in FP Newspapers.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FPNUF Pink Sheet
FP Newspapers financial ratios help investors to determine whether FPNUF 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 FPNUF with respect to the benefits of owning FP Newspapers security.