Federal National Mortgage Stock Market Value
| FNMAN Stock | USD 7.49 0.01 0.13% |
| Symbol | Federal |
Federal National '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 Federal National's 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 Federal National.
| 03/19/2024 |
| 06/17/2024 |
If you would invest 0.00 in Federal National on March 19, 2024 and sell it all today you would earn a total of 0.00 from holding Federal National Mortgage or generate 0.0% return on investment in Federal National over 90 days. Federal National is related to or competes with Federal Home, Federal Home, Federal National, Federal Home, Federal Home, Federal Home, and Federal Home. Federal National Mortgage Association provides a source of financing for mortgages in the United States More
Federal National 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 Federal National's 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 Federal National Mortgage upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.63 | |||
| Information Ratio | 0.1123 | |||
| Maximum Drawdown | 21.22 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 4.67 |
Federal National Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Federal National's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Federal National's standard deviation. In reality, there are many statistical measures that can use Federal National historical prices to predict the future Federal National's volatility.| Risk Adjusted Performance | 0.0946 | |||
| Jensen Alpha | 0.3604 | |||
| Total Risk Alpha | 0.2406 | |||
| Sortino Ratio | 0.0941 | |||
| Treynor Ratio | 1.01 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Federal National'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.
Federal National Mortgage Backtested Returns
Federal National appears to be somewhat reliable, given 3 months investment horizon. Federal National Mortgage secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Federal National Mortgage, which you can use to evaluate the volatility of the firm. Please utilize Federal National's Mean Deviation of 1.73, coefficient of variation of 797.73, and Downside Deviation of 3.63 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Federal National holds a performance score of 11. The firm shows a Beta (market volatility) of 0.37, which means possible diversification benefits within a given portfolio. As returns on the market increase, Federal National's returns are expected to increase less than the market. However, during the bear market, the loss of holding Federal National is expected to be smaller as well. Please check Federal National's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Federal National's price patterns will revert.
Auto-correlation | 0.19 |
Very weak predictability
Federal National Mortgage has very weak predictability. Overlapping area represents the amount of predictability between Federal National time series from 19th of March 2024 to 3rd of May 2024 and 3rd of May 2024 to 17th of June 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 Federal National Mortgage price movement. The serial correlation of 0.19 indicates that over 19.0% of current Federal National price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Federal National Mortgage lagged returns against current returns
Autocorrelation, which is Federal National 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 Federal National's otc stock expected returns. We can calculate the autocorrelation of Federal National returns to help us make a trade decision. For example, suppose you find that Federal National 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 |
Federal National 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 Federal National otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Federal National otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Federal National otc stock over time.
Current vs Lagged Prices |
| Timeline |
Federal National Lagged Returns
When evaluating Federal National's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Federal National otc stock have on its future price. Federal National 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, Federal National autocorrelation shows the relationship between Federal National otc stock current value and its past values and can show if there is a momentum factor associated with investing in Federal National Mortgage.
Regressed Prices |
| Timeline |
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Federal National financial ratios help investors to determine whether Federal OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Federal with respect to the benefits of owning Federal National security.