Frontken Bhd's market value is the price at which a share of Frontken Bhd trades on a public exchange. It measures the collective expectations of Frontken Bhd investors about its performance. Frontken Bhd is selling for 4.24 as of the 11th of December 2024. This is a 0.93 percent decrease since the beginning of the trading day. The stock's lowest day price was 4.22. With this module, you can estimate the performance of a buy and hold strategy of Frontken Bhd and determine expected loss or profit from investing in Frontken Bhd over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Frontken
Frontken Bhd '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 Frontken Bhd'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 Frontken Bhd.
0.00
11/11/2024
No Change 0.00
0.0
In 31 days
12/11/2024
0.00
If you would invest 0.00 in Frontken Bhd on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Frontken Bhd or generate 0.0% return on investment in Frontken Bhd over 30 days.
Frontken Bhd 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 Frontken Bhd'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 Frontken Bhd upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Frontken Bhd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Frontken Bhd's standard deviation. In reality, there are many statistical measures that can use Frontken Bhd historical prices to predict the future Frontken Bhd's volatility.
Frontken Bhd appears to be slightly risky, given 3 months investment horizon. Frontken Bhd 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-nine technical indicators for Frontken Bhd, which you can use to evaluate the volatility of the firm. Please utilize Frontken Bhd's Coefficient Of Variation of 823.98, downside deviation of 2.03, and Mean Deviation of 1.73 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Frontken Bhd holds a performance score of 8. The firm shows a Beta (market volatility) of 0.28, which means not very significant fluctuations relative to the market. As returns on the market increase, Frontken Bhd's returns are expected to increase less than the market. However, during the bear market, the loss of holding Frontken Bhd is expected to be smaller as well. Please check Frontken Bhd's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Frontken Bhd's price patterns will revert.
Auto-correlation
0.26
Poor predictability
Frontken Bhd has poor predictability. Overlapping area represents the amount of predictability between Frontken Bhd time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Frontken Bhd price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Frontken Bhd price fluctuation can be explain by its past prices.
Correlation Coefficient
0.26
Spearman Rank Test
0.53
Residual Average
0.0
Price Variance
0.01
Frontken Bhd lagged returns against current returns
Autocorrelation, which is Frontken Bhd 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 Frontken Bhd's stock expected returns. We can calculate the autocorrelation of Frontken Bhd returns to help us make a trade decision. For example, suppose you find that Frontken Bhd 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
Frontken Bhd 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 Frontken Bhd stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Frontken Bhd stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Frontken Bhd stock over time.
Current vs Lagged Prices
Timeline
Frontken Bhd Lagged Returns
When evaluating Frontken Bhd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Frontken Bhd stock have on its future price. Frontken Bhd 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, Frontken Bhd autocorrelation shows the relationship between Frontken Bhd stock current value and its past values and can show if there is a momentum factor associated with investing in Frontken Bhd.
Regressed Prices
Timeline
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