Fp Newspapers Stock Market Value
| FP Stock | CAD 0.47 0.00 0.00% |
| Symbol | FP Newspapers |
FP Newspapers '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 FP Newspapers' 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 FP Newspapers.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in FP Newspapers on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding FP Newspapers or generate 0.0% return on investment in FP Newspapers over 30 days. FP Newspapers is related to or competes with Metalero Mining, Nova Leap, Nicola Mining, Endeavour Silver, Arizona Gold, and NorthWest Healthcare. FP Newspapers Inc., through its interest in the FP Canadian Newspaper Limited Partnership, publishes, prints, and distri... More
FP Newspapers 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 FP Newspapers' 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 FP Newspapers upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 17.61 | |||
| Value At Risk | (2.00) |
FP Newspapers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FP Newspapers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FP Newspapers' standard deviation. In reality, there are many statistical measures that can use FP Newspapers historical prices to predict the future FP Newspapers' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 0.5204 |
FP Newspapers Backtested Returns
FP Newspapers retains Efficiency (Sharpe Ratio) of -0.0451, which denotes the company had a -0.0451% return per unit of price deviation over the last 3 months. FP Newspapers exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FP Newspapers' Market Risk Adjusted Performance of 0.5304, standard deviation of 1.78, and Information Ratio of (0.11) to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FP Newspapers are expected to decrease at a much lower rate. During the bear market, FP Newspapers is likely to outperform the market. At this point, FP Newspapers has a negative expected return of -0.082%. Please make sure to confirm FP Newspapers' standard deviation, as well as the relationship between the maximum drawdown and rate of daily change , to decide if FP Newspapers performance from the past will be repeated sooner or later.
Auto-correlation | 1.00 |
Perfect predictability
FP Newspapers has perfect predictability. Overlapping area represents the amount of predictability between FP Newspapers time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 FP Newspapers price movement. The serial correlation of 1.0 indicates that 100.0% of current FP Newspapers price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FP Newspapers lagged returns against current returns
Autocorrelation, which is FP Newspapers 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 FP Newspapers' stock expected returns. We can calculate the autocorrelation of FP Newspapers returns to help us make a trade decision. For example, suppose you find that FP Newspapers 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 |
FP Newspapers 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 FP Newspapers stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FP Newspapers stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FP Newspapers stock over time.
Current vs Lagged Prices |
| Timeline |
FP Newspapers Lagged Returns
When evaluating FP Newspapers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FP Newspapers stock have on its future price. FP Newspapers 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, FP Newspapers autocorrelation shows the relationship between FP Newspapers stock current value and its past values and can show if there is a momentum factor associated with investing in FP Newspapers.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for FP Newspapers Stock Analysis
When running FP Newspapers' price analysis, check to measure FP Newspapers' 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 FP Newspapers is operating at the current time. Most of FP Newspapers' value examination focuses on studying past and present price action to predict the probability of FP Newspapers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FP Newspapers' price. Additionally, you may evaluate how the addition of FP Newspapers to your portfolios can decrease your overall portfolio volatility.