FN Factory (Thailand) Market Value
| FN Stock | THB 0.72 0.03 4.00% |
| Symbol | FN Factory |
FN Factory '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 FN Factory'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 FN Factory.
| 01/19/2023 |
| 01/08/2025 |
If you would invest 0.00 in FN Factory on January 19, 2023 and sell it all today you would earn a total of 0.00 from holding FN Factory Outlet or generate 0.0% return on investment in FN Factory over 720 days. FN Factory is related to or competes with Communication System, Forth Public, Interlink Communication, ALT Telecom, and Siam Global. FN Factory Outlet Public Company Limited merchandises clothing and consumer products in Thailand More
FN Factory 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 FN Factory'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 FN Factory Outlet upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 9.2 | |||
| Value At Risk | (5.10) | |||
| Potential Upside | 1.32 |
FN Factory Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FN Factory's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FN Factory's standard deviation. In reality, there are many statistical measures that can use FN Factory historical prices to predict the future FN Factory's volatility.| Risk Adjusted Performance | (0.30) | |||
| Jensen Alpha | (0.84) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | 3.26 |
FN Factory Outlet Backtested Returns
FN Factory Outlet retains Efficiency (Sharpe Ratio) of -0.39, which denotes the company had a -0.39% return per unit of price deviation over the last 3 months. FN Factory exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FN Factory's Information Ratio of (0.40), standard deviation of 2.17, and Market Risk Adjusted Performance of 3.27 to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FN Factory are expected to decrease at a much lower rate. During the bear market, FN Factory is likely to outperform the market. At this point, FN Factory Outlet has a negative expected return of -0.87%. Please make sure to confirm FN Factory's value at risk, rate of daily change, and the relationship between the total risk alpha and kurtosis , to decide if FN Factory Outlet performance from the past will be repeated sooner or later.
Auto-correlation | 0.64 |
Good predictability
FN Factory Outlet has good predictability. Overlapping area represents the amount of predictability between FN Factory time series from 19th of January 2023 to 14th of January 2024 and 14th of January 2024 to 8th 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 FN Factory Outlet price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current FN Factory price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
FN Factory Outlet lagged returns against current returns
Autocorrelation, which is FN Factory 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 FN Factory's stock expected returns. We can calculate the autocorrelation of FN Factory returns to help us make a trade decision. For example, suppose you find that FN Factory 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 |
FN Factory 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 FN Factory stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FN Factory stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FN Factory stock over time.
Current vs Lagged Prices |
| Timeline |
FN Factory Lagged Returns
When evaluating FN Factory's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FN Factory stock have on its future price. FN Factory 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, FN Factory autocorrelation shows the relationship between FN Factory stock current value and its past values and can show if there is a momentum factor associated with investing in FN Factory Outlet.
Regressed Prices |
| Timeline |
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FN Factory financial ratios help investors to determine whether FN Factory 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 FN Factory with respect to the benefits of owning FN Factory security.