Federal National Mortgage Stock Market Value
| FNMAP Stock | USD 19.50 1.25 6.85% |
| Symbol | Federal |
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.
| 11/06/2024 |
| 01/05/2025 |
If you would invest 0.00 in Federal National on November 6, 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 60 days. Federal National is related to or competes with Federal National, Federal Natl, Federal National, Federal National, and Federal National. 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.
| Downside Deviation | 2.66 | |||
| Information Ratio | 0.2396 | |||
| Maximum Drawdown | 70.72 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 7.14 |
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.| Risk Adjusted Performance | 0.2055 | |||
| Jensen Alpha | 2.05 | |||
| Total Risk Alpha | 1.98 | |||
| Sortino Ratio | 0.7923 | |||
| Treynor Ratio | 0.3823 |
Federal National Mortgage Backtested Returns
Federal National is slightly risky given 3 months investment horizon. Federal National Mortgage secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the company had a 0.24% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.13% are justified by taking the suggested risk. Use Federal National Mean Deviation of 3.8, coefficient of variation of 413.05, and Downside Deviation of 2.66 to evaluate company specific risk that cannot be diversified away. Federal National holds a performance score of 19 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 5.54, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Federal National will likely underperform. Use Federal National standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to analyze future returns on Federal National.
Auto-correlation | 0.56 |
Modest predictability
Federal National Mortgage has modest predictability. Overlapping area represents the amount of predictability between Federal National time series from 6th of November 2024 to 6th of December 2024 and 6th of December 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 Federal National Mortgage price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Federal National price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 1.15 |
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
Moving against Federal OTC Stock
| 0.84 | 674599CY9 | Occidental Petroleum | PairCorr |
| 0.83 | RKT | Rocket Companies | PairCorr |
| 0.77 | UWMC | UWM Holdings Corp | PairCorr |
| 0.77 | RMGCU | RMG Acquisition Corp | PairCorr |
| 0.57 | WD | Walker Dunlop | PairCorr |
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.Additional Tools for Federal OTC Stock Analysis
When running Federal National's price analysis, check to measure Federal National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Federal National is operating at the current time. Most of Federal National's value examination focuses on studying past and present price action to predict the probability of Federal National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Federal National's price. Additionally, you may evaluate how the addition of Federal National to your portfolios can decrease your overall portfolio volatility.