Top Frontier (Philippines) Market Value
| TFHI Stock | 66.00 3.85 6.19% |
| Symbol | Top |
Top Frontier '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 Top Frontier'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 Top Frontier.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Top Frontier on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Top Frontier Investment or generate 0.0% return on investment in Top Frontier over 360 days. Top Frontier is related to or competes with Manulife Financial, Converge Information, Atlas Consolidated, Security Bank, East West, Apex Mining, and Semirara Mining. More
Top Frontier 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 Top Frontier'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 Top Frontier Investment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 27.45 | |||
| Value At Risk | (8.38) | |||
| Potential Upside | 9.98 |
Top Frontier Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Top Frontier's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Top Frontier's standard deviation. In reality, there are many statistical measures that can use Top Frontier historical prices to predict the future Top Frontier's volatility.| Risk Adjusted Performance | 0.0034 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | (0.05) |
Top Frontier Investment Backtested Returns
Top Frontier Investment owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0504, which indicates the firm had a -0.0504% return per unit of risk over the last 3 months. Top Frontier Investment exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Top Frontier's Coefficient Of Variation of (15,036), variance of 24.47, and Risk Adjusted Performance of 0.0034 to confirm the risk estimate we provide. The entity has a beta of 0.95, which indicates possible diversification benefits within a given portfolio. Top Frontier returns are very sensitive to returns on the market. As the market goes up or down, Top Frontier is expected to follow. At this point, Top Frontier Investment has a negative expected return of -0.22%. Please make sure to validate Top Frontier's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Top Frontier Investment performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.79 |
Good predictability
Top Frontier Investment has good predictability. Overlapping area represents the amount of predictability between Top Frontier time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Top Frontier Investment price movement. The serial correlation of 0.79 indicates that around 79.0% of current Top Frontier price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 34.76 |
Top Frontier Investment lagged returns against current returns
Autocorrelation, which is Top Frontier 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 Top Frontier's stock expected returns. We can calculate the autocorrelation of Top Frontier returns to help us make a trade decision. For example, suppose you find that Top Frontier 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 |
Top Frontier 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 Top Frontier stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Top Frontier stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Top Frontier stock over time.
Current vs Lagged Prices |
| Timeline |
Top Frontier Lagged Returns
When evaluating Top Frontier's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Top Frontier stock have on its future price. Top Frontier 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, Top Frontier autocorrelation shows the relationship between Top Frontier stock current value and its past values and can show if there is a momentum factor associated with investing in Top Frontier Investment.
Regressed Prices |
| Timeline |
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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.Additional Tools for Top Stock Analysis
When running Top Frontier's price analysis, check to measure Top Frontier'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 Top Frontier is operating at the current time. Most of Top Frontier's value examination focuses on studying past and present price action to predict the probability of Top Frontier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Top Frontier's price. Additionally, you may evaluate how the addition of Top Frontier to your portfolios can decrease your overall portfolio volatility.