Far East Wind Stock Market Value
| FEWP Stock | USD 0.0001 0.00 0.00% |
| Symbol | Far |
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Far East. If investors know Far will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Far East listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (52.25) |
The market value of Far East Wind is measured differently than its book value, which is the value of Far that is recorded on the company's balance sheet. Investors also form their own opinion of Far East's value that differs from its market value or its book value, called intrinsic value, which is Far East's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Far East's market value can be influenced by many factors that don't directly affect Far East's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Far East's value and its price as these two are different measures arrived at by different means. Investors typically determine if Far East is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Far East's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Far East '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 Far East'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 Far East.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Far East on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Far East Wind or generate 0.0% return on investment in Far East over 90 days. Far East is related to or competes with Pintec Technology, Nasdaq, Titan America, Aozora Bank, PennantPark Floating, Denison Mines, and Discover Financial. Far East Wind Power Corp., a development stage company, focuses on the development, construction, and operation of utili... More
Far East 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 Far East'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 Far East Wind upside and downside potential and time the market with a certain degree of confidence.
Far East Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Far East's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Far East's standard deviation. In reality, there are many statistical measures that can use Far East historical prices to predict the future Far East's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Far East'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.
Far East Wind Backtested Returns
We have found three technical indicators for Far East Wind, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Far East are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Far East Wind has perfect predictability. Overlapping area represents the amount of predictability between Far East time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Far East Wind price movement. The serial correlation of 1.0 indicates that 100.0% of current Far East price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Far East Wind lagged returns against current returns
Autocorrelation, which is Far East 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 Far East's stock expected returns. We can calculate the autocorrelation of Far East returns to help us make a trade decision. For example, suppose you find that Far East 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 |
Far East 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 Far East stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Far East stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Far East stock over time.
Current vs Lagged Prices |
| Timeline |
Far East Lagged Returns
When evaluating Far East's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Far East stock have on its future price. Far East 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, Far East autocorrelation shows the relationship between Far East stock current value and its past values and can show if there is a momentum factor associated with investing in Far East Wind.
Regressed Prices |
| Timeline |
Pair Trading with Far East
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Far East position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Far East will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Far East could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Far East when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Far East - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Far East Wind to buy it.
The correlation of Far East is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Far East moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Far East Wind moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Far East can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Far Stock Analysis
When running Far East's price analysis, check to measure Far East's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Far East is operating at the current time. Most of Far East's value examination focuses on studying past and present price action to predict the probability of Far East's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Far East's price. Additionally, you may evaluate how the addition of Far East to your portfolios can decrease your overall portfolio volatility.