Freedom Holding Corp Stock Market Value
| FRHC Stock | USD 65.19 0.25 0.38% |
| Symbol | Freedom |
Freedom Holding Corp Price To Book Ratio
Is Freedom Holding's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freedom Holding. If investors know Freedom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freedom Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.543 | Earnings Share 5.64 | Revenue Per Share 15.048 | Quarterly Revenue Growth 0.762 | Return On Assets 0.0521 |
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 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 Freedom Holding.
| 02/23/2024 |
| 04/23/2024 |
If you would invest 0.00 in Freedom Holding on February 23, 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 60 days. Freedom Holding is related to or competes with JPMorgan Chase, Wells Fargo, Citigroup, and American Express. 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 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 Freedom Holding Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 14.09 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 2.13 |
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 | (0.1) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.33) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Freedom Holding's 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.
Freedom Holding Corp Backtested Returns
Freedom Holding Corp secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the company had a -0.16% return per unit of risk over the last 3 months. Freedom Holding Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Freedom Holding's Standard Deviation of 1.86, variance of 3.47, and Mean Deviation of 1.17 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.96, which means possible diversification benefits within a given portfolio. Freedom Holding returns are very sensitive to returns on the market. As the market goes up or down, Freedom Holding is expected to follow. Freedom Holding Corp has an expected return of -0.3%. Please make sure to confirm Freedom Holding Corp skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Freedom Holding Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.87 |
Very good predictability
Freedom Holding Corp has very good predictability. Overlapping area represents the amount of predictability between Freedom Holding time series from 23rd of February 2024 to 24th of March 2024 and 24th of March 2024 to 23rd 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 Freedom Holding Corp price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Freedom Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 3.29 |
Freedom Holding Corp lagged returns against current returns
Autocorrelation, which is Freedom Holding 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 Freedom Holding's stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Freedom Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Freedom Holding stock 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 stock 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 stock 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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Complementary Tools for Freedom Stock analysis
When running Freedom Holding's price analysis, check to measure Freedom Holding'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 Freedom Holding is operating at the current time. Most of Freedom Holding's value examination focuses on studying past and present price action to predict the probability of Freedom Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freedom Holding's price. Additionally, you may evaluate how the addition of Freedom Holding to your portfolios can decrease your overall portfolio volatility.
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Freedom Holding technical stock 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, stock market cycles, or different charting patterns.