FINCORP INVESTMENT (Mauritius) Market Value
| FINC Stock | 19.00 0.90 4.97% |
| Symbol | FINCORP |
FINCORP INVESTMENT '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 FINCORP INVESTMENT'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 FINCORP INVESTMENT.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in FINCORP INVESTMENT on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding FINCORP INVESTMENT LTD or generate 0.0% return on investment in FINCORP INVESTMENT over 90 days.
FINCORP INVESTMENT 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 FINCORP INVESTMENT'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 FINCORP INVESTMENT LTD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.08 | |||
| Information Ratio | 0.1083 | |||
| Maximum Drawdown | 11.11 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 4.97 |
FINCORP INVESTMENT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FINCORP INVESTMENT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FINCORP INVESTMENT's standard deviation. In reality, there are many statistical measures that can use FINCORP INVESTMENT historical prices to predict the future FINCORP INVESTMENT's volatility.| Risk Adjusted Performance | 0.0546 | |||
| Jensen Alpha | 0.0248 | |||
| Total Risk Alpha | 0.3371 | |||
| Sortino Ratio | 0.0672 | |||
| Treynor Ratio | (0.15) |
FINCORP INVESTMENT LTD Backtested Returns
At this point, FINCORP INVESTMENT is not too volatile. FINCORP INVESTMENT LTD secures Sharpe Ratio (or Efficiency) of 0.0565, which denotes the company had a 0.0565 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for FINCORP INVESTMENT LTD, which you can use to evaluate the volatility of the firm. Please confirm FINCORP INVESTMENT's Semi Deviation of 1.35, downside deviation of 3.08, and Mean Deviation of 1.01 to check if the risk estimate we provide is consistent with the expected return of 0.11%. FINCORP INVESTMENT has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.67, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning FINCORP INVESTMENT are expected to decrease at a much lower rate. During the bear market, FINCORP INVESTMENT is likely to outperform the market. FINCORP INVESTMENT LTD now shows a risk of 1.91%. Please confirm FINCORP INVESTMENT LTD standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if FINCORP INVESTMENT LTD will be following its price patterns.
Auto-correlation | 0.34 |
Below average predictability
FINCORP INVESTMENT LTD has below average predictability. Overlapping area represents the amount of predictability between FINCORP INVESTMENT time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 FINCORP INVESTMENT LTD price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current FINCORP INVESTMENT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
FINCORP INVESTMENT LTD lagged returns against current returns
Autocorrelation, which is FINCORP INVESTMENT 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 FINCORP INVESTMENT's stock expected returns. We can calculate the autocorrelation of FINCORP INVESTMENT returns to help us make a trade decision. For example, suppose you find that FINCORP INVESTMENT 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 |
FINCORP INVESTMENT 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 FINCORP INVESTMENT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FINCORP INVESTMENT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FINCORP INVESTMENT stock over time.
Current vs Lagged Prices |
| Timeline |
FINCORP INVESTMENT Lagged Returns
When evaluating FINCORP INVESTMENT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FINCORP INVESTMENT stock have on its future price. FINCORP INVESTMENT 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, FINCORP INVESTMENT autocorrelation shows the relationship between FINCORP INVESTMENT stock current value and its past values and can show if there is a momentum factor associated with investing in FINCORP INVESTMENT LTD.
Regressed Prices |
| Timeline |
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