First Responder Technologies Stock Market Value
| WPNNF Stock | USD 0 0.09 98.93% |
| Symbol | First |
First Responder '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 First Responder's 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 First Responder.
| 04/05/2024 |
| 06/04/2024 |
If you would invest 0.00 in First Responder on April 5, 2024 and sell it all today you would earn a total of 0.00 from holding First Responder Technologies or generate 0.0% return on investment in First Responder over 60 days. First Responder is related to or competes with Securitas, Assa Abloy, ASSA ABLOY, SECOM CO, Secom Co, Allegion PLC, and MSA Safety. First Responder Technologies Inc. engages in the development and sale of detection products and services based on Wi-Fi ... More
First Responder 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 First Responder's 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 First Responder Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 98.93 |
First Responder Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Responder's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Responder's standard deviation. In reality, there are many statistical measures that can use First Responder historical prices to predict the future First Responder's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (1.48) | |||
| Total Risk Alpha | (2.01) | |||
| Treynor Ratio | 1.36 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Responder'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.
First Responder Tech Backtested Returns
First Responder Tech secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of risk over the last 3 months. First Responder Technologies exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Responder's Standard Deviation of 12.18, variance of 148.29, and Mean Deviation of 2.95 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.11, which means a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning First Responder are expected to decrease slowly. On the other hand, during market turmoil, First Responder is expected to outperform it slightly. At this point, First Responder Tech has a negative expected return of -1.6%. Please make sure to confirm First Responder's variance, as well as the relationship between the skewness and day median price , to decide if First Responder Tech performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
First Responder Technologies has no correlation between past and present. Overlapping area represents the amount of predictability between First Responder time series from 5th of April 2024 to 5th of May 2024 and 5th of May 2024 to 4th 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 First Responder Tech price movement. The serial correlation of 0.0 indicates that just 0.0% of current First Responder price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
First Responder Tech lagged returns against current returns
Autocorrelation, which is First Responder 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 First Responder's pink sheet expected returns. We can calculate the autocorrelation of First Responder returns to help us make a trade decision. For example, suppose you find that First Responder 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 |
First Responder 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 First Responder pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Responder pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Responder pink sheet over time.
Current vs Lagged Prices |
| Timeline |
First Responder Lagged Returns
When evaluating First Responder's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Responder pink sheet have on its future price. First Responder 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, First Responder autocorrelation shows the relationship between First Responder pink sheet current value and its past values and can show if there is a momentum factor associated with investing in First Responder Technologies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in First Pink Sheet
First Responder financial ratios help investors to determine whether First Pink Sheet 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 First with respect to the benefits of owning First Responder security.