Fiplasto (Argentina) Market Value

FIPL Stock  ARS 360.00  2.50  0.69%   
Fiplasto's market value is the price at which a share of Fiplasto trades on a public exchange. It measures the collective expectations of Fiplasto SA investors about its performance. Fiplasto is trading at 360.00 as of the 5th of January 2025, a 0.69% down since the beginning of the trading day. The stock's open price was 362.5.
With this module, you can estimate the performance of a buy and hold strategy of Fiplasto SA and determine expected loss or profit from investing in Fiplasto over a given investment horizon. Check out Fiplasto Correlation, Fiplasto Volatility and Fiplasto Alpha and Beta module to complement your research on Fiplasto.
Symbol

Please note, there is a significant difference between Fiplasto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fiplasto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fiplasto'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.

Fiplasto '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 Fiplasto'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 Fiplasto.
0.00
01/16/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
01/05/2025
0.00
If you would invest  0.00  in Fiplasto on January 16, 2023 and sell it all today you would earn a total of 0.00 from holding Fiplasto SA or generate 0.0% return on investment in Fiplasto over 720 days. Fiplasto is related to or competes with Harmony Gold, Transportadora, Telecom Argentina, Compania, United States, and Agrometal SAI. It offers a range of products for industry, construction, and home purpose, including chapadur, blackboards, floors, dec... More

Fiplasto 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 Fiplasto'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 Fiplasto SA upside and downside potential and time the market with a certain degree of confidence.

Fiplasto Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fiplasto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fiplasto's standard deviation. In reality, there are many statistical measures that can use Fiplasto historical prices to predict the future Fiplasto's volatility.
Hype
Prediction
LowEstimatedHigh
159.71162.00164.29
Details
Intrinsic
Valuation
LowRealHigh
154.85157.14178.20
Details
Naive
Forecast
LowNextHigh
341.41343.69345.98
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
357.21361.80366.39
Details

Fiplasto SA Backtested Returns

Fiplasto appears to be very steady, given 3 months investment horizon. Fiplasto SA secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fiplasto SA, which you can use to evaluate the volatility of the firm. Please utilize Fiplasto's Coefficient Of Variation of 967.18, downside deviation of 1.66, and Mean Deviation of 1.59 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fiplasto holds a performance score of 8. The firm shows a Beta (market volatility) of -0.46, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fiplasto are expected to decrease at a much lower rate. During the bear market, Fiplasto is likely to outperform the market. Please check Fiplasto's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Fiplasto's price patterns will revert.

Auto-correlation

    
  0.53  

Modest predictability

Fiplasto SA has modest predictability. Overlapping area represents the amount of predictability between Fiplasto time series from 16th of January 2023 to 11th of January 2024 and 11th of January 2024 to 5th 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 Fiplasto SA price movement. The serial correlation of 0.53 indicates that about 53.0% of current Fiplasto price fluctuation can be explain by its past prices.
Correlation Coefficient0.53
Spearman Rank Test0.49
Residual Average0.0
Price Variance1403.09

Fiplasto SA lagged returns against current returns

Autocorrelation, which is Fiplasto 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 Fiplasto's stock expected returns. We can calculate the autocorrelation of Fiplasto returns to help us make a trade decision. For example, suppose you find that Fiplasto 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  

Fiplasto 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 Fiplasto stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fiplasto stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fiplasto stock over time.
   Current vs Lagged Prices   
       Timeline  

Fiplasto Lagged Returns

When evaluating Fiplasto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fiplasto stock have on its future price. Fiplasto 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, Fiplasto autocorrelation shows the relationship between Fiplasto stock current value and its past values and can show if there is a momentum factor associated with investing in Fiplasto SA.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Fiplasto Stock

Fiplasto financial ratios help investors to determine whether Fiplasto 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 Fiplasto with respect to the benefits of owning Fiplasto security.