Folkup Development Stock Market Value
| FLDI Stock | USD 5.00 0.00 0.00% |
| Symbol | Folkup |
Folkup 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 Folkup Development's 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 Folkup Development.
| 01/26/2024 |
| 01/20/2025 |
If you would invest 0.00 in Folkup Development on January 26, 2024 and sell it all today you would earn a total of 0.00 from holding Folkup Development or generate 0.0% return on investment in Folkup Development over 360 days. Folkup Development is related to or competes with Summit Hotel, SNDL, Anheuser Busch, Inflection Point, Fevertree Drinks, and Ameriprise Financial. Folkup Development Inc., through its subsidiaries, provides renewable energy products and solutions in Hong Kong More
Folkup 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 Folkup Development's 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 Folkup Development upside and downside potential and time the market with a certain degree of confidence.
Folkup Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Folkup Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Folkup Development's standard deviation. In reality, there are many statistical measures that can use Folkup Development historical prices to predict the future Folkup Development's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Folkup Development'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.
Folkup Development Backtested Returns
We have found three technical indicators for Folkup Development, 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 Folkup Development are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Folkup Development has no correlation between past and present. Overlapping area represents the amount of predictability between Folkup Development time series from 26th of January 2024 to 24th of July 2024 and 24th of July 2024 to 20th 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 Folkup Development price movement. The serial correlation of 0.0 indicates that just 0.0% of current Folkup Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Folkup Development lagged returns against current returns
Autocorrelation, which is Folkup Development 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 Folkup Development's pink sheet expected returns. We can calculate the autocorrelation of Folkup Development returns to help us make a trade decision. For example, suppose you find that Folkup Development 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 |
Folkup 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 Folkup Development pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Folkup Development pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Folkup Development pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Folkup Development Lagged Returns
When evaluating Folkup Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Folkup Development pink sheet have on its future price. Folkup 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, Folkup Development autocorrelation shows the relationship between Folkup Development pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Folkup Development.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Folkup Pink Sheet
Folkup Development financial ratios help investors to determine whether Folkup 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 Folkup with respect to the benefits of owning Folkup Development security.