Freedom Holding Corp Stock Market Value
| FRHC Stock | USD 117.47 0.17 0.14% |
| Symbol | Freedom |
Freedom Holding Corp Price To Book Ratio
Is Investment Banking & Brokerage 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 Freedom Holding. If investors know Freedom 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 Freedom Holding 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 (0.03) | Earnings Share 5.7 | Revenue Per Share 22.019 | Quarterly Revenue Growth 0.5 | Return On Assets 0.0427 |
The market value of Freedom Holding Corp is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Holding's value that differs from its market value or its book value, called intrinsic value, which is Freedom Holding'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 Freedom Holding's market value can be influenced by many factors that don't directly affect Freedom Holding'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 Freedom Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Holding'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.
Freedom Holding '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 Freedom Holding'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 Freedom Holding.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Freedom Holding on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Freedom Holding Corp or generate 0.0% return on investment in Freedom Holding over 360 days. Freedom Holding is related to or competes with Nomura Holdings, Scully Royalty, Oppenheimer Holdings, Houlihan Lokey, Stonex, Mercurity Fintech, and Donnelley Financial. Freedom Holding Corp., through its subsidiaries, provides retail securities brokerage, research, investment counseling, ... More
Freedom Holding 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 Freedom Holding'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 Freedom Holding Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | 0.1358 | |||
| Maximum Drawdown | 9.39 | |||
| Value At Risk | (2.98) | |||
| Potential Upside | 2.66 |
Freedom Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Freedom Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Freedom Holding's standard deviation. In reality, there are many statistical measures that can use Freedom Holding historical prices to predict the future Freedom Holding's volatility.| Risk Adjusted Performance | 0.1646 | |||
| Jensen Alpha | 0.322 | |||
| Total Risk Alpha | 0.081 | |||
| Sortino Ratio | 0.1307 | |||
| Treynor Ratio | 0.9259 |
Freedom Holding Corp Backtested Returns
Freedom Holding appears to be very steady, given 3 months investment horizon. Freedom Holding Corp secures Sharpe Ratio (or Efficiency) of 0.23, which denotes the company had a 0.23% return per unit of risk over the last 3 months. We have found thirty technical indicators for Freedom Holding Corp, which you can use to evaluate the volatility of the firm. Please utilize Freedom Holding's Downside Deviation of 1.91, coefficient of variation of 483.06, and Mean Deviation of 1.38 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Freedom Holding holds a performance score of 18. The firm shows a Beta (market volatility) of 0.4, which means possible diversification benefits within a given portfolio. As returns on the market increase, Freedom Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Freedom Holding is expected to be smaller as well. Please check Freedom Holding's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether Freedom Holding's price patterns will revert.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Freedom Holding Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Freedom Holding 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 Freedom Holding Corp price movement. The serial correlation of -0.74 indicates that around 74.0% of current Freedom Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 146.46 |
Freedom Holding Corp lagged returns against current returns
Autocorrelation, which is Freedom Holding 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 Freedom Holding's stock expected returns. We can calculate the autocorrelation of Freedom Holding returns to help us make a trade decision. For example, suppose you find that Freedom Holding 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 |
Freedom Holding 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 Freedom Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Freedom Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Freedom Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Freedom Holding Lagged Returns
When evaluating Freedom Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Freedom Holding stock have on its future price. Freedom Holding 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, Freedom Holding autocorrelation shows the relationship between Freedom Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Freedom Holding Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Freedom Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freedom Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Freedom Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freedom Holding Corp Stock:Check out Freedom Holding Correlation, Freedom Holding Volatility and Freedom Holding Alpha and Beta module to complement your research on Freedom Holding. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Freedom Holding 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.