Flushing Financial Backtesting

FFIC -- USA Stock  

0.21 Dividend

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Flushing Financial Corporation and determine expected loss or profit from investing in Flushing Financial over given investment horizon. Additionally see Flushing Financial Hype Analysis, Flushing Financial Correlation, Flushing Financial Valuation, Flushing Financial Volatility as well as analyze Flushing Financial Alpha and Beta and Flushing Financial Performance.
Horizon     30 Days    Login   to change

Flushing Financial 'What if' Analysis

September 12, 2019
No Change 0.00  0.0 
In 3 months and 1 day
December 11, 2019
If you would invest  0.00  in Flushing Financial on September 12, 2019 and sell it all today you would earn a total of 0.00 from holding Flushing Financial Corporation or generate 0.0% return on investment in Flushing Financial over 90 days. Flushing Financial is related to or competes with Prosperity Bancshares, EAGLE FINANCIAL, Enterprise Bancorp, DNB Financial, Axos Financial, KB Financial, and Meridian Bancorp. Flushing Financial Corporation operates as the bank holding company for Flushing Bank that provides banking products and...

Flushing Financial Upside/Downside Indicators

Downside Deviation1.63
Information Ratio(0.002942)
Maximum Drawdown9.11
Value At Risk(1.66)
Potential Upside2.11

Flushing Financial Market Premium Indicators

Risk Adjusted Performance0.0286
Jensen Alpha0.0249
Total Risk Alpha(0.07)
Sortino Ratio(0.00254)
Treynor Ratio0.1118

Flushing Financial Backtested Returns

We consider Flushing Financial not too volatile. Flushing Financial secures Sharpe Ratio (or Efficiency) of 0.0285 which denotes the organization had 0.0285% of return per unit of risk over the last 3 months. Our philosophy towards predicting volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Flushing Financial Corporation which you can use to evaluate future volatility of the firm. Please confirm Flushing Financial Downside Deviation of 1.63, Coefficient Of Variation of 2644.62 and Mean Deviation of 0.9392 to check if risk estimate we provide are consistent with the epected return of 0.0399%. Flushing Financial has performance score of 1 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.3855 which denotes to the fact that as returns on market increase, Flushing Financial returns are expected to increase less than the market. However during bear market, the loss on holding Flushing Financial will be expected to be smaller as well. Although it is extremely important to respect Flushing Financial historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By reviewing Flushing Financial technical indicators you can presently evaluate if the expected return of 0.0399% will be sustainable into the future. Flushing Financial right now shows a risk of 1.4%. Please confirm Flushing Financial Maximum Drawdown as well as the relationship between Downside Variance and Skewness to decide if Flushing Financial will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.52) 
correlation synergy

Good reverse predictability

Flushing Financial Corporation has good reverse predictability. Overlapping area represents the amount of predictability between Flushing Financial time series from September 12, 2019 to October 27, 2019 and October 27, 2019 to December 11, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Flushing Financial price movement. The serial correlation of -0.52 indicates that about 52.0% of current Flushing Financial price fluctuation can be explain by its past prices. Given that Flushing Financial Corporation has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Flushing Financial for similar time interval.
Correlation Coefficient-0.52
Spearman Rank Test-0.61
Residual Average0.0
Price Variance0.12

Flushing Financial lagged returns against current returns

 Current and Lagged Values 

Flushing Financial regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Flushing Financial Lagged Returns

 Regressed Prices 

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Additionally see Flushing Financial Hype Analysis, Flushing Financial Correlation, Flushing Financial Valuation, Flushing Financial Volatility as well as analyze Flushing Financial Alpha and Beta and Flushing Financial Performance. Please also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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