Fec Resources Stock Market Value
| FECOF Stock | USD 0 0.0005 22.73% |
| Symbol | FEC |
FEC Resources '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 FEC Resources' 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 FEC Resources.
| 10/21/2023 |
| 04/18/2024 |
If you would invest 0.00 in FEC Resources on October 21, 2023 and sell it all today you would earn a total of 0.00 from holding FEC Resources or generate 0.0% return on investment in FEC Resources over 180 days. FEC Resources is related to or competes with Africa Oil, Hess, Vaalco Energy, Pioneer Natural, Devon Energy, EQT, and Diamondback Energy. FEC Resources Inc. engages in the exploration and development of oil and gas properties in the Philippines More
FEC Resources 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 FEC Resources' 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 FEC Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0657 | |||
| Maximum Drawdown | 101.28 | |||
| Value At Risk | (22.73) | |||
| Potential Upside | 29.41 |
FEC Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FEC Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FEC Resources' standard deviation. In reality, there are many statistical measures that can use FEC Resources historical prices to predict the future FEC Resources' volatility.| Risk Adjusted Performance | 0.0533 | |||
| Jensen Alpha | 1.11 | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (1.19) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FEC Resources' 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.
FEC Resources Backtested Returns
FEC Resources is out of control given 3 months investment horizon. FEC Resources retains Efficiency (Sharpe Ratio) of 0.0693, which denotes the company had a 0.0693% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-two different technical indicators, which can help you to evaluate if expected returns of 1.08% are justified by taking the suggested risk. Use FEC Resources Market Risk Adjusted Performance of (1.18), variance of 242.4, and Standard Deviation of 15.57 to evaluate company specific risk that cannot be diversified away. FEC Resources holds a performance score of 5 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -0.9, which means possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning FEC Resources are expected to decrease slowly. On the other hand, during market turmoil, FEC Resources is expected to outperform it slightly. Use FEC Resources potential upside, day typical price, and the relationship between the total risk alpha and daily balance of power , to analyze future returns on FEC Resources.
Auto-correlation | 0.37 |
Below average predictability
FEC Resources has below average predictability. Overlapping area represents the amount of predictability between FEC Resources time series from 21st of October 2023 to 19th of January 2024 and 19th of January 2024 to 18th 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 FEC Resources price movement. The serial correlation of 0.37 indicates that just about 37.0% of current FEC Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FEC Resources lagged returns against current returns
Autocorrelation, which is FEC Resources 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 FEC Resources' pink sheet expected returns. We can calculate the autocorrelation of FEC Resources returns to help us make a trade decision. For example, suppose you find that FEC Resources 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 |
FEC Resources 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 FEC Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FEC Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FEC Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
FEC Resources Lagged Returns
When evaluating FEC Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FEC Resources pink sheet have on its future price. FEC Resources 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, FEC Resources autocorrelation shows the relationship between FEC Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in FEC Resources.
Regressed Prices |
| Timeline |
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Complementary Tools for FEC Pink Sheet analysis
When running FEC Resources' price analysis, check to measure FEC Resources' 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 FEC Resources is operating at the current time. Most of FEC Resources' value examination focuses on studying past and present price action to predict the probability of FEC Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FEC Resources' price. Additionally, you may evaluate how the addition of FEC Resources to your portfolios can decrease your overall portfolio volatility.
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FEC Resources 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.