Fastbase Stock Market Value
| FBSE Stock | USD 1.50 0.00 0.00% |
| Symbol | Fastbase |
Fastbase '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 Fastbase's 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 Fastbase.
| 11/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in Fastbase on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding Fastbase or generate 0.0% return on investment in Fastbase over 60 days. Fastbase is related to or competes with FlexiInternational, GivBux, Rumble, IPE Universal, RIWI Corp, Where Food, and Meridianlink. Fastbase, Inc. operates as a data and web analytics SaaS company worldwide More
Fastbase 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 Fastbase's 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 Fastbase upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 31.06 | |||
| Information Ratio | 0.0603 | |||
| Maximum Drawdown | 138.36 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 30.0 |
Fastbase Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fastbase's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fastbase's standard deviation. In reality, there are many statistical measures that can use Fastbase historical prices to predict the future Fastbase's volatility.| Risk Adjusted Performance | 0.063 | |||
| Jensen Alpha | 0.9919 | |||
| Total Risk Alpha | 0.3343 | |||
| Sortino Ratio | 0.0368 | |||
| Treynor Ratio | 0.2358 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fastbase's 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.
Fastbase Backtested Returns
Fastbase appears to be out of control, given 3 months investment horizon. Fastbase secures Sharpe Ratio (or Efficiency) of 0.0337, which denotes the company had a 0.0337 % return per unit of risk over the last 3 months. By reviewing Fastbase's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Fastbase's Coefficient Of Variation of 1590.72, mean deviation of 10.33, and Downside Deviation of 31.06 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fastbase holds a performance score of 2. The firm shows a Beta (market volatility) of 5.02, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fastbase will likely underperform. Please check Fastbase's maximum drawdown, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Fastbase's price patterns will revert.
Auto-correlation | 0.27 |
Poor predictability
Fastbase has poor predictability. Overlapping area represents the amount of predictability between Fastbase time series from 25th of November 2024 to 25th of December 2024 and 25th of December 2024 to 24th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fastbase price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Fastbase price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Fastbase lagged returns against current returns
Autocorrelation, which is Fastbase 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 Fastbase's pink sheet expected returns. We can calculate the autocorrelation of Fastbase returns to help us make a trade decision. For example, suppose you find that Fastbase 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 |
Fastbase 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 Fastbase pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fastbase pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fastbase pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Fastbase Lagged Returns
When evaluating Fastbase's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fastbase pink sheet have on its future price. Fastbase 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, Fastbase autocorrelation shows the relationship between Fastbase pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Fastbase.
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 Fastbase Pink Sheet
Fastbase financial ratios help investors to determine whether Fastbase 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 Fastbase with respect to the benefits of owning Fastbase security.