First Resources Limited Stock Market Value
| FTROF Stock | USD 1.80 0.00 0.00% |
| Symbol | First |
First Resources '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 First Resources' 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 First Resources.
| 01/21/2025 |
| 01/16/2026 |
If you would invest 0.00 in First Resources on January 21, 2025 and sell it all today you would earn a total of 0.00 from holding First Resources Limited or generate 0.0% return on investment in First Resources over 360 days. First Resources is related to or competes with Nippon Suisan, Avi, Premier Foods, Premier Foods, Thai Union, and Calbee. First Resources Limited, an investment holding company, engages in the palm oil production activities in Singapore, Indo... More
First Resources 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 First Resources' 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 First Resources Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0623 | |||
| Maximum Drawdown | 14.65 |
First Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Resources' standard deviation. In reality, there are many statistical measures that can use First Resources historical prices to predict the future First Resources' volatility.| Risk Adjusted Performance | 0.0915 | |||
| Jensen Alpha | 0.2094 | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 8.18 |
First Resources Backtested Returns
First Resources appears to be unstable, given 3 months investment horizon. First Resources secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13 % return per unit of risk over the last 3 months. We have found sixteen technical indicators for First Resources Limited, which you can use to evaluate the volatility of the firm. Please utilize First Resources' Variance of 3.25, standard deviation of 1.8, and Mean Deviation of 0.4372 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First Resources holds a performance score of 10. The firm shows a Beta (market volatility) of 0.0259, which means not very significant fluctuations relative to the market. As returns on the market increase, First Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding First Resources is expected to be smaller as well. Please check First Resources' treynor ratio and rate of daily change , to make a quick decision on whether First Resources' price patterns will revert.
Auto-correlation | 0.79 |
Good predictability
First Resources Limited has good predictability. Overlapping area represents the amount of predictability between First Resources time series from 21st of January 2025 to 20th of July 2025 and 20th of July 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Resources price movement. The serial correlation of 0.79 indicates that around 79.0% of current First Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
First Resources lagged returns against current returns
Autocorrelation, which is First Resources 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 First Resources' pink sheet expected returns. We can calculate the autocorrelation of First Resources returns to help us make a trade decision. For example, suppose you find that First Resources 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 |
First Resources 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 First Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
First Resources Lagged Returns
When evaluating First Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Resources pink sheet have on its future price. First Resources 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, First Resources autocorrelation shows the relationship between First Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in First Resources Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in First Pink Sheet
First Resources financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First Resources security.