Farmers And Merchants Stock Market Value
| FMFG Stock | USD 16.47 0.26 1.55% |
| Symbol | Farmers |
Farmers '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 Farmers' 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 Farmers.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Farmers on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Farmers and Merchants or generate 0.0% return on investment in Farmers over 30 days. Farmers is related to or competes with First Horizon, First Horizon, KB Financial, Banco Santander, National Bank, Banco Santander, and Equity Bancshares. Farmers and Merchants Bancshares, Inc., through its subsidiary Farmers and Merchants Bank, provides commercial and retai... More
Farmers 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 Farmers' 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 Farmers and Merchants upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 12.64 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 2.94 |
Farmers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Farmers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Farmers' standard deviation. In reality, there are many statistical measures that can use Farmers historical prices to predict the future Farmers' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.36) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Farmers' 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.
Farmers and Merchants Backtested Returns
Farmers and Merchants secures Sharpe Ratio (or Efficiency) of -0.019, which denotes the company had a -0.019% return per unit of risk over the last 3 months. Farmers and Merchants exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Farmers' Mean Deviation of 0.8351, variance of 3.13, and Standard Deviation of 1.77 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, Farmers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Farmers is expected to be smaller as well. Farmers and Merchants has an expected return of -0.0347%. Please make sure to confirm Farmers and Merchants potential upside, as well as the relationship between the daily balance of power and day typical price , to decide if Farmers and Merchants performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
Farmers and Merchants has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Farmers time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 Farmers and Merchants price movement. The serial correlation of -0.8 indicates that around 80.0% of current Farmers price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Farmers and Merchants lagged returns against current returns
Autocorrelation, which is Farmers 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 Farmers' pink sheet expected returns. We can calculate the autocorrelation of Farmers returns to help us make a trade decision. For example, suppose you find that Farmers 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 |
Farmers 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 Farmers pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Farmers pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Farmers pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Farmers Lagged Returns
When evaluating Farmers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Farmers pink sheet have on its future price. Farmers 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, Farmers autocorrelation shows the relationship between Farmers pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Farmers and Merchants.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Farmers Correlation, Farmers Volatility and Farmers Alpha and Beta module to complement your research on Farmers. Note that the Farmers and Merchants information on this page should be used as a complementary analysis to other Farmers' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Farmers Pink Sheet analysis
When running Farmers' price analysis, check to measure Farmers' 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 Farmers is operating at the current time. Most of Farmers' value examination focuses on studying past and present price action to predict the probability of Farmers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Farmers' price. Additionally, you may evaluate how the addition of Farmers to your portfolios can decrease your overall portfolio volatility.
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Farmers technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.