First Philippine (Philippines) Market Value
| FPH Stock | 59.80 0.20 0.33% |
| Symbol | First |
First Philippine '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 First Philippine'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 First Philippine.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in First Philippine on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding First Philippine Holdings or generate 0.0% return on investment in First Philippine over 30 days. First Philippine is related to or competes with GT Capital, Allhome Corp, Jollibee Foods, Altus Property, and Monde Nissin. More
First Philippine 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 First Philippine'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 First Philippine Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 3.57 | |||
| Value At Risk | (0.82) | |||
| Potential Upside | 0.8252 |
First Philippine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Philippine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Philippine's standard deviation. In reality, there are many statistical measures that can use First Philippine historical prices to predict the future First Philippine's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.41) |
First Philippine Holdings Backtested Returns
First Philippine Holdings secures Sharpe Ratio (or Efficiency) of -0.0278, which denotes the company had a -0.0278% return per unit of risk over the last 3 months. First Philippine Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Philippine's Variance of 0.3114, standard deviation of 0.558, and Mean Deviation of 0.3375 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0844, which means not very significant fluctuations relative to the market. As returns on the market increase, First Philippine's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Philippine is expected to be smaller as well. At this point, First Philippine Holdings has a negative expected return of -0.0158%. Please make sure to confirm First Philippine's accumulation distribution, and the relationship between the potential upside and day median price , to decide if First Philippine Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.13 |
Insignificant reverse predictability
First Philippine Holdings has insignificant reverse predictability. Overlapping area represents the amount of predictability between First Philippine time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 First Philippine Holdings price movement. The serial correlation of -0.13 indicates that less than 13.0% of current First Philippine price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
First Philippine Holdings lagged returns against current returns
Autocorrelation, which is First Philippine 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 First Philippine's stock expected returns. We can calculate the autocorrelation of First Philippine returns to help us make a trade decision. For example, suppose you find that First Philippine 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 |
First Philippine 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 First Philippine stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Philippine stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Philippine stock over time.
Current vs Lagged Prices |
| Timeline |
First Philippine Lagged Returns
When evaluating First Philippine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Philippine stock have on its future price. First Philippine 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, First Philippine autocorrelation shows the relationship between First Philippine stock current value and its past values and can show if there is a momentum factor associated with investing in First Philippine Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in First Stock
First Philippine financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First Philippine security.