Federal National Mortgage Stock Market Value

FNMAN Stock  USD 17.98  0.82  4.36%   
Federal National's market value is the price at which a share of Federal National trades on a public exchange. It measures the collective expectations of Federal National Mortgage investors about its performance. Federal National is selling at 17.98 as of the 4th of March 2025; that is 4.36 percent decrease since the beginning of the trading day. The stock's open price was 18.8.
With this module, you can estimate the performance of a buy and hold strategy of Federal National Mortgage and determine expected loss or profit from investing in Federal National over a given investment horizon. Check out Federal National Correlation, Federal National Volatility and Federal National Alpha and Beta module to complement your research on Federal National.
Symbol

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

Federal National '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 Federal National's otc 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 Federal National.
0.00
12/04/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/04/2025
0.00
If you would invest  0.00  in Federal National on December 4, 2024 and sell it all today you would earn a total of 0.00 from holding Federal National Mortgage or generate 0.0% return on investment in Federal National over 90 days. Federal National is related to or competes with Federal Home, Federal Home, Federal Home, Federal National, Federal Home, Federal Home, and Federal Home. Federal National Mortgage Association provides a source of financing for mortgages in the United States More

Federal National 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 Federal National's otc 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 Federal National Mortgage upside and downside potential and time the market with a certain degree of confidence.

Federal National Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Federal National's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Federal National's standard deviation. In reality, there are many statistical measures that can use Federal National historical prices to predict the future Federal National's volatility.
Hype
Prediction
LowEstimatedHigh
14.8117.9821.15
Details
Intrinsic
Valuation
LowRealHigh
11.6514.8217.99
Details
Naive
Forecast
LowNextHigh
15.1918.3621.53
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.2718.3019.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Federal National. Your research has to be compared to or analyzed against Federal National's peers to derive any actionable benefits. When done correctly, Federal National's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Federal National Mortgage.

Federal National Mortgage Backtested Returns

Federal National appears to be not too volatile, given 3 months investment horizon. Federal National Mortgage 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 Federal National Mortgage, which you can use to evaluate the volatility of the firm. Please utilize Federal National's Coefficient Of Variation of 1164.69, mean deviation of 2.35, and Downside Deviation of 3.29 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Federal National holds a performance score of 8. The firm shows a Beta (market volatility) of -0.78, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Federal National are expected to decrease at a much lower rate. During the bear market, Federal National is likely to outperform the market. Please check Federal National's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Federal National's price patterns will revert.

Auto-correlation

    
  0.01  

Virtually no predictability

Federal National Mortgage has virtually no predictability. Overlapping area represents the amount of predictability between Federal National time series from 4th of December 2024 to 18th of January 2025 and 18th of January 2025 to 4th 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 Federal National Mortgage price movement. The serial correlation of 0.01 indicates that just 1.0% of current Federal National price fluctuation can be explain by its past prices.
Correlation Coefficient0.01
Spearman Rank Test0.09
Residual Average0.0
Price Variance0.23

Federal National Mortgage lagged returns against current returns

Autocorrelation, which is Federal National otc 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 Federal National's otc stock expected returns. We can calculate the autocorrelation of Federal National returns to help us make a trade decision. For example, suppose you find that Federal National has exhibited high autocorrelation historically, and you observe that the otc 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  

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

Federal National Lagged Returns

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

Pair Trading with Federal National

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Federal National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Federal National will appreciate offsetting losses from the drop in the long position's value.

Moving together with Federal OTC Stock

  0.87FMCCT Federal Home LoanPairCorr
  0.71FNMAS Federal National MortgagePairCorr

Moving against Federal OTC Stock

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  0.58PPERF Bank Mandiri PerseroPairCorr
  0.55PBCRY Bank Central AsiaPairCorr
  0.48PPERY Bank Mandiri PerseroPairCorr
  0.48BKRKY Bank RakyatPairCorr
The ability to find closely correlated positions to Federal National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Federal National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Federal National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Federal National Mortgage to buy it.
The correlation of Federal National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Federal National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Federal National Mortgage moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Federal National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Federal OTC Stock

Federal National financial ratios help investors to determine whether Federal OTC 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 Federal with respect to the benefits of owning Federal National security.