Firestone Ventures Stock Market Value
| FSVEF Stock | USD 0.03 0.00 0.00% |
| Symbol | Firestone |
Firestone Ventures '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 Firestone Ventures' pink sheet 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 Firestone Ventures.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in Firestone Ventures on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Firestone Ventures or generate 0.0% return on investment in Firestone Ventures over 30 days. Firestone Ventures is related to or competes with Adriatic Metals, Aurelia Metals, and Azimut Exploration. Firestone Ventures Inc., a junior exploration mineral company, engages in the identification, evaluation, acquisition, a... More
Firestone Ventures 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 Firestone Ventures' pink sheet 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 Firestone Ventures upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1253 | |||
| Maximum Drawdown | 47.93 |
Firestone Ventures Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Firestone Ventures' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Firestone Ventures' standard deviation. In reality, there are many statistical measures that can use Firestone Ventures historical prices to predict the future Firestone Ventures' volatility.| Risk Adjusted Performance | 0.0994 | |||
| Jensen Alpha | 0.7187 | |||
| Total Risk Alpha | 0.9004 | |||
| Treynor Ratio | 6.63 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Firestone Ventures' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Firestone Ventures Backtested Returns
Firestone Ventures appears to be out of control, given 3 months investment horizon. Firestone Ventures secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13 % return per unit of risk over the last 3 months. By reviewing Firestone Ventures' technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please utilize Firestone Ventures' Standard Deviation of 5.9, mean deviation of 1.43, and Variance of 34.81 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Firestone Ventures holds a performance score of 9. The firm shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, Firestone Ventures' returns are expected to increase less than the market. However, during the bear market, the loss of holding Firestone Ventures is expected to be smaller as well. Please check Firestone Ventures' treynor ratio and rate of daily change , to make a quick decision on whether Firestone Ventures' price patterns will revert.
Auto-correlation | 1.00 |
Perfect predictability
Firestone Ventures has perfect predictability. Overlapping area represents the amount of predictability between Firestone Ventures time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st 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 Firestone Ventures price movement. The serial correlation of 1.0 indicates that 100.0% of current Firestone Ventures 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 |
Firestone Ventures lagged returns against current returns
Autocorrelation, which is Firestone Ventures pink sheet'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 Firestone Ventures' pink sheet expected returns. We can calculate the autocorrelation of Firestone Ventures returns to help us make a trade decision. For example, suppose you find that Firestone Ventures has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Firestone Ventures 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 Firestone Ventures pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Firestone Ventures pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Firestone Ventures pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Firestone Ventures Lagged Returns
When evaluating Firestone Ventures' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Firestone Ventures pink sheet have on its future price. Firestone Ventures 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, Firestone Ventures autocorrelation shows the relationship between Firestone Ventures pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Firestone Ventures.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Firestone Pink Sheet
Firestone Ventures financial ratios help investors to determine whether Firestone Pink Sheet 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 Firestone with respect to the benefits of owning Firestone Ventures security.