Federal National Mortgage Stock Market Value

FNMAT Stock  USD 10.12  0.13  1.27%   
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 for under 10.12 as of the 13th of December 2024; that is 1.27 percent down since the beginning of the trading day. The stock's last reported lowest price was 10.11.
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
05/23/2023
No Change 0.00  0.0 
In 1 year 6 months and 24 days
12/13/2024
0.00
If you would invest  0.00  in Federal National on May 23, 2023 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 570 days. Federal National is related to or competes with Federal Home, Federal National, Federal National, Federal National, Federal Home, 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.

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
0.3410.1219.90
Details
Intrinsic
Valuation
LowRealHigh
0.5410.3220.10
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 is relatively risky given 3 months investment horizon. Federal National Mortgage secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.75% are justified by taking the suggested risk. Use Federal National Coefficient Of Variation of 554.15, downside deviation of 2.66, and Mean Deviation of 3.43 to evaluate company specific risk that cannot be diversified away. Federal National holds a performance score of 14 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 3.59, 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 maximum drawdown, and the relationship between the information ratio and expected short fall , to analyze future returns on Federal National.

Auto-correlation

    
  0.71  

Good predictability

Federal National Mortgage has good predictability. Overlapping area represents the amount of predictability between Federal National time series from 23rd of May 2023 to 3rd of March 2024 and 3rd of March 2024 to 13th of December 2024. 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 0.71 indicates that around 71.0% of current Federal National price fluctuation can be explain by its past prices.
Correlation Coefficient0.71
Spearman Rank Test0.37
Residual Average0.0
Price Variance3.29

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  

Thematic Opportunities

Explore Investment Opportunities

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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.