Filinvest Development (Philippines) Market Value
| FDC Stock | 5.30 0.04 0.75% |
| Symbol | Filinvest |
Filinvest Development '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 Filinvest Development'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 Filinvest Development.
| 11/07/2024 |
| 12/07/2024 |
If you would invest 0.00 in Filinvest Development on November 7, 2024 and sell it all today you would earn a total of 0.00 from holding Filinvest Development Coproration or generate 0.0% return on investment in Filinvest Development over 30 days. Filinvest Development is related to or competes with Top Frontier, Philex Mining, Apex Mining, Metro Retail, Globe Telecom, Crown Asia, and Transpacific Broadband. More
Filinvest Development 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 Filinvest Development'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 Filinvest Development Coproration upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 14.57 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 1.85 |
Filinvest Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Filinvest Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Filinvest Development's standard deviation. In reality, there are many statistical measures that can use Filinvest Development historical prices to predict the future Filinvest Development's volatility.| Risk Adjusted Performance | 0.0027 | |||
| Jensen Alpha | 0.0422 | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.0387 |
Filinvest Development Backtested Returns
Filinvest Development secures Sharpe Ratio (or Efficiency) of -0.0064, which denotes the company had a -0.0064% return per unit of risk over the last 3 months. Filinvest Development Coproration exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Filinvest Development's Variance of 3.52, standard deviation of 1.88, and Mean Deviation of 1.09 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.48, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Filinvest Development are expected to decrease at a much lower rate. During the bear market, Filinvest Development is likely to outperform the market. At this point, Filinvest Development has a negative expected return of -0.0126%. Please make sure to confirm Filinvest Development's potential upside, daily balance of power, and the relationship between the maximum drawdown and kurtosis , to decide if Filinvest Development performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Filinvest Development Coproration has insignificant reverse predictability. Overlapping area represents the amount of predictability between Filinvest Development time series from 7th of November 2024 to 22nd of November 2024 and 22nd of November 2024 to 7th 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 Filinvest Development price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Filinvest Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Filinvest Development lagged returns against current returns
Autocorrelation, which is Filinvest Development 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 Filinvest Development's stock expected returns. We can calculate the autocorrelation of Filinvest Development returns to help us make a trade decision. For example, suppose you find that Filinvest Development 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 |
Filinvest Development 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 Filinvest Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Filinvest Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Filinvest Development stock over time.
Current vs Lagged Prices |
| Timeline |
Filinvest Development Lagged Returns
When evaluating Filinvest Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Filinvest Development stock have on its future price. Filinvest Development 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, Filinvest Development autocorrelation shows the relationship between Filinvest Development stock current value and its past values and can show if there is a momentum factor associated with investing in Filinvest Development Coproration.
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 Filinvest Stock
Filinvest Development financial ratios help investors to determine whether Filinvest 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 Filinvest with respect to the benefits of owning Filinvest Development security.