Freedom Holding Corp Etf Market Value
| FRHC Etf | USD 126.89 4.73 3.87% |
| Symbol | Freedom |
The market value of Freedom Holding Corp is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Holding's value that differs from its market value or its book value, called intrinsic value, which is Freedom Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freedom Holding's market value can be influenced by many factors that don't directly affect Freedom Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freedom Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Holding'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.
Freedom Holding '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 Freedom Holding's etf 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 Freedom Holding.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Freedom Holding on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Freedom Holding Corp or generate 0.0% return on investment in Freedom Holding over 90 days. Freedom Holding is related to or competes with Nomura Holdings, Scully Royalty, Oppenheimer Holdings, Houlihan Lokey, Stonex, Mercurity Fintech, and Donnelley Financial. Freedom Holding Corp., through its subsidiaries, provides retail securities brokerage, research, investment counseling, ... More
Freedom Holding 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 Freedom Holding's etf 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 Freedom Holding Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.68 | |||
| Information Ratio | 0.0547 | |||
| Maximum Drawdown | 11.25 | |||
| Value At Risk | (4.53) | |||
| Potential Upside | 3.07 |
Freedom Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Freedom Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Freedom Holding's standard deviation. In reality, there are many statistical measures that can use Freedom Holding historical prices to predict the future Freedom Holding's volatility.| Risk Adjusted Performance | 0.0185 | |||
| Jensen Alpha | 0.1626 | |||
| Total Risk Alpha | 0.3279 | |||
| Sortino Ratio | 0.0495 | |||
| Treynor Ratio | 0.0187 |
Freedom Holding Corp Backtested Returns
Freedom Holding Corp secures Sharpe Ratio (or Efficiency) of -0.0101, which denotes the etf had a -0.0101 % return per unit of risk over the last 3 months. Freedom Holding Corp exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Freedom Holding's Coefficient Of Variation of 7183.64, downside deviation of 2.68, and Mean Deviation of 1.91 to check the risk estimate we provide. The etf shows a Beta (market volatility) of 1.27, 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, Freedom Holding will likely underperform.
Auto-correlation | -0.6 |
Good reverse predictability
Freedom Holding Corp has good reverse predictability. Overlapping area represents the amount of predictability between Freedom Holding time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Freedom Holding Corp price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Freedom Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 111.69 |
Freedom Holding Corp lagged returns against current returns
Autocorrelation, which is Freedom Holding etf'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 Freedom Holding's etf expected returns. We can calculate the autocorrelation of Freedom Holding returns to help us make a trade decision. For example, suppose you find that Freedom Holding has exhibited high autocorrelation historically, and you observe that the etf 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 |
Freedom Holding 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 Freedom Holding etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Freedom Holding etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Freedom Holding etf over time.
Current vs Lagged Prices |
| Timeline |
Freedom Holding Lagged Returns
When evaluating Freedom Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Freedom Holding etf have on its future price. Freedom Holding 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, Freedom Holding autocorrelation shows the relationship between Freedom Holding etf current value and its past values and can show if there is a momentum factor associated with investing in Freedom Holding Corp.
Regressed Prices |
| Timeline |
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Freedom Holding financial ratios help investors to determine whether Freedom Etf 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 Freedom with respect to the benefits of owning Freedom Holding security.