Filinvest Land's market value is the price at which a share of Filinvest Land trades on a public exchange. It measures the collective expectations of Filinvest Land investors about its performance. Filinvest Land is trading at 0.76 as of the 18th of January 2025, a 2.70 percent increase since the beginning of the trading day. The stock's lowest day price was 0.74. With this module, you can estimate the performance of a buy and hold strategy of Filinvest Land and determine expected loss or profit from investing in Filinvest Land over a given investment horizon. Check out Filinvest Land Correlation, Filinvest Land Volatility and Filinvest Land Alpha and Beta module to complement your research on Filinvest Land.
Please note, there is a significant difference between Filinvest Land's value and its price as these two are different measures arrived at by different means. Investors typically determine if Filinvest Land is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Filinvest Land'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.
Filinvest Land '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 Filinvest Land'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 Filinvest Land.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Filinvest Land'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 Filinvest Land upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Filinvest Land's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Filinvest Land's standard deviation. In reality, there are many statistical measures that can use Filinvest Land historical prices to predict the future Filinvest Land's volatility.
Filinvest Land secures Sharpe Ratio (or Efficiency) of -0.077, which denotes the company had a -0.077% return per unit of risk over the last 3 months. Filinvest Land exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Filinvest Land's Standard Deviation of 1.67, mean deviation of 1.28, and Variance of 2.79 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Filinvest Land are expected to decrease at a much lower rate. During the bear market, Filinvest Land is likely to outperform the market. At this point, Filinvest Land has a negative expected return of -0.13%. Please make sure to confirm Filinvest Land's treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to decide if Filinvest Land performance from the past will be repeated at some point in the near future.
Auto-correlation
0.34
Below average predictability
Filinvest Land has below average predictability. Overlapping area represents the amount of predictability between Filinvest Land time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 Filinvest Land price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Filinvest Land price fluctuation can be explain by its past prices.
Correlation Coefficient
0.34
Spearman Rank Test
0.68
Residual Average
0.0
Price Variance
0.0
Filinvest Land lagged returns against current returns
Autocorrelation, which is Filinvest Land 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 Filinvest Land's stock expected returns. We can calculate the autocorrelation of Filinvest Land returns to help us make a trade decision. For example, suppose you find that Filinvest Land 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
Filinvest Land 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 Filinvest Land stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Filinvest Land stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Filinvest Land stock over time.
Current vs Lagged Prices
Timeline
Filinvest Land Lagged Returns
When evaluating Filinvest Land's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Filinvest Land stock have on its future price. Filinvest Land 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, Filinvest Land autocorrelation shows the relationship between Filinvest Land stock current value and its past values and can show if there is a momentum factor associated with investing in Filinvest Land.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Filinvest Land financial ratios help investors to determine whether Filinvest 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 Filinvest with respect to the benefits of owning Filinvest Land security.