Frontier Transport (South Africa) Market Value
| FTH Stock | 730.00 11.00 1.48% |
| Symbol | Frontier |
Frontier Transport '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 Frontier Transport'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 Frontier Transport.
| 05/05/2023 |
| 11/25/2024 |
If you would invest 0.00 in Frontier Transport on May 5, 2023 and sell it all today you would earn a total of 0.00 from holding Frontier Transport Holdings or generate 0.0% return on investment in Frontier Transport over 570 days. Frontier Transport is related to or competes with Growthpoint Properties, Bowler Metcalf, Shoprite Holdings, Dis Chem, Impala Platinum, Kap Industrial, and Anglo American. More
Frontier Transport 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 Frontier Transport'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 Frontier Transport Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.39 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 27.26 | |||
| Value At Risk | (6.59) | |||
| Potential Upside | 7.74 |
Frontier Transport Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Frontier Transport's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Frontier Transport's standard deviation. In reality, there are many statistical measures that can use Frontier Transport historical prices to predict the future Frontier Transport's volatility.| Risk Adjusted Performance | 0.0149 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.64) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0882 |
Frontier Transport Backtested Returns
At this point, Frontier Transport is very steady. Frontier Transport secures Sharpe Ratio (or Efficiency) of 0.0113, which denotes the company had a 0.0113% return per unit of risk over the last 3 months. We have found thirty technical indicators for Frontier Transport Holdings, which you can use to evaluate the volatility of the firm. Please confirm Frontier Transport's Downside Deviation of 5.39, mean deviation of 2.36, and Coefficient Of Variation of 11388.31 to check if the risk estimate we provide is consistent with the expected return of 0.0482%. The firm shows a Beta (market volatility) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, Frontier Transport's returns are expected to increase less than the market. However, during the bear market, the loss of holding Frontier Transport is expected to be smaller as well. Frontier Transport right now shows a risk of 4.29%. Please confirm Frontier Transport jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to decide if Frontier Transport will be following its price patterns.
Auto-correlation | 0.64 |
Good predictability
Frontier Transport Holdings has good predictability. Overlapping area represents the amount of predictability between Frontier Transport time series from 5th of May 2023 to 14th of February 2024 and 14th of February 2024 to 25th 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 Frontier Transport price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Frontier Transport price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 6680.84 |
Frontier Transport lagged returns against current returns
Autocorrelation, which is Frontier Transport 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 Frontier Transport's stock expected returns. We can calculate the autocorrelation of Frontier Transport returns to help us make a trade decision. For example, suppose you find that Frontier Transport 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 |
Frontier Transport 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 Frontier Transport stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Frontier Transport stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Frontier Transport stock over time.
Current vs Lagged Prices |
| Timeline |
Frontier Transport Lagged Returns
When evaluating Frontier Transport's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Frontier Transport stock have on its future price. Frontier Transport 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, Frontier Transport autocorrelation shows the relationship between Frontier Transport stock current value and its past values and can show if there is a momentum factor associated with investing in Frontier Transport Holdings.
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.Other Information on Investing in Frontier Stock
Frontier Transport financial ratios help investors to determine whether Frontier 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 Frontier with respect to the benefits of owning Frontier Transport security.