Fec Resources Stock Market Value
| FECOF Stock | USD 0 0.0008 42.11% |
| Symbol | FEC |
FEC 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 FEC 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 FEC Resources.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in FEC Resources on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding FEC Resources or generate 0.0% return on investment in FEC Resources over 720 days. FEC Resources is related to or competes with Africa Oil, ConnectOne Bancorp, RCM Technologies, BlackRock, Fast Retailing, and Obayashi. FEC Resources Inc. engages in the exploration and development of oil and gas properties in the Philippines More
FEC 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 FEC 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 FEC Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 28.91 | |||
| Information Ratio | 0.1119 | |||
| Maximum Drawdown | 206.09 | |||
| Value At Risk | (23.81) | |||
| Potential Upside | 23.53 |
FEC Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FEC Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FEC Resources' standard deviation. In reality, there are many statistical measures that can use FEC Resources historical prices to predict the future FEC Resources' volatility.| Risk Adjusted Performance | 0.0993 | |||
| Jensen Alpha | 3.23 | |||
| Total Risk Alpha | 2.43 | |||
| Sortino Ratio | 0.1112 | |||
| Treynor Ratio | 19.51 |
FEC Resources Backtested Returns
FEC Resources appears to be out of control, given 3 months investment horizon. FEC Resources retains Efficiency (Sharpe Ratio) of 0.0367, which denotes the company had a 0.0367% return per unit of risk over the last 3 months. By analyzing FEC Resources' technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please utilize FEC Resources' Downside Deviation of 28.91, coefficient of variation of 884.77, and Market Risk Adjusted Performance of 19.52 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FEC Resources holds a performance score of 2. The firm owns a Beta (Systematic Risk) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, FEC Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding FEC Resources is expected to be smaller as well. Please check FEC Resources' downside deviation, treynor ratio, expected short fall, as well as the relationship between the jensen alpha and potential upside , to make a quick decision on whether FEC Resources' current price history will revert.
Auto-correlation | -0.17 |
Insignificant reverse predictability
FEC Resources has insignificant reverse predictability. Overlapping area represents the amount of predictability between FEC Resources time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 FEC Resources price movement. The serial correlation of -0.17 indicates that over 17.0% of current FEC Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FEC Resources lagged returns against current returns
Autocorrelation, which is FEC 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 FEC Resources' pink sheet expected returns. We can calculate the autocorrelation of FEC Resources returns to help us make a trade decision. For example, suppose you find that FEC 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 |
FEC 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 FEC Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FEC 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 FEC Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
FEC Resources Lagged Returns
When evaluating FEC Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FEC Resources pink sheet have on its future price. FEC 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, FEC Resources autocorrelation shows the relationship between FEC Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in FEC Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FEC Pink Sheet
FEC Resources financial ratios help investors to determine whether FEC 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 FEC with respect to the benefits of owning FEC Resources security.