Freeport Resources Stock Market Value
| FEERF Stock | USD 0.05 0.0003 0.65% |
| Symbol | Freeport |
Freeport 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 Freeport Resources' otc 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 Freeport Resources.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Freeport Resources on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Freeport Resources or generate 0.0% return on investment in Freeport Resources over 30 days. Freeport Resources is related to or competes with Altius Minerals, EMX Royalty, Ivanhoe Mines, Rio Tinto, and Lithium Americas. Freeport Resources Inc., a junior mineral exploration company, engages in the exploration and evaluation of mineral prop... More
Freeport 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 Freeport Resources' otc 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 Freeport Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.72 | |||
| Information Ratio | 0.1897 | |||
| Maximum Drawdown | 104.6 | |||
| Value At Risk | (21.55) | |||
| Potential Upside | 31.86 |
Freeport Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Freeport Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Freeport Resources' standard deviation. In reality, there are many statistical measures that can use Freeport Resources historical prices to predict the future Freeport Resources' volatility.| Risk Adjusted Performance | 0.1312 | |||
| Jensen Alpha | 3.07 | |||
| Total Risk Alpha | 1.18 | |||
| Sortino Ratio | 0.1823 | |||
| Treynor Ratio | 1.06 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Freeport 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.
Freeport Resources Backtested Returns
Freeport Resources is out of control given 3 months investment horizon. Freeport Resources secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of risk over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 3.41% are justified by taking the suggested risk. Use Freeport Resources Downside Deviation of 17.72, coefficient of variation of 513.29, and Mean Deviation of 9.56 to evaluate company specific risk that cannot be diversified away. Freeport Resources holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 3.11, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Freeport Resources will likely underperform. Use Freeport Resources downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to analyze future returns on Freeport Resources.
Auto-correlation | 0.42 |
Average predictability
Freeport Resources has average predictability. Overlapping area represents the amount of predictability between Freeport Resources time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Freeport Resources price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Freeport Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Freeport Resources lagged returns against current returns
Autocorrelation, which is Freeport Resources otc 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 Freeport Resources' otc stock expected returns. We can calculate the autocorrelation of Freeport Resources returns to help us make a trade decision. For example, suppose you find that Freeport Resources has exhibited high autocorrelation historically, and you observe that the otc 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 |
Freeport 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 Freeport Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Freeport Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Freeport Resources otc stock over time.
Current vs Lagged Prices |
| Timeline |
Freeport Resources Lagged Returns
When evaluating Freeport Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Freeport Resources otc stock have on its future price. Freeport 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, Freeport Resources autocorrelation shows the relationship between Freeport Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Freeport Resources.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Freeport Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Freeport Resources' short interest history, or implied volatility extrapolated from Freeport Resources options trading.
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Complementary Tools for Freeport OTC Stock analysis
When running Freeport Resources' price analysis, check to measure Freeport 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 Freeport Resources is operating at the current time. Most of Freeport Resources' value examination focuses on studying past and present price action to predict the probability of Freeport Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freeport Resources' price. Additionally, you may evaluate how the addition of Freeport Resources to your portfolios can decrease your overall portfolio volatility.
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Freeport Resources technical otc 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, otc market cycles, or different charting patterns.