Farm Price's market value is the price at which a share of Farm Price trades on a public exchange. It measures the collective expectations of Farm Price Holdings investors about its performance. Farm Price is selling for 0.53 as of the 15th of December 2024. This is a 1.92 percent increase since the beginning of the trading day. The stock's lowest day price was 0.52. With this module, you can estimate the performance of a buy and hold strategy of Farm Price Holdings and determine expected loss or profit from investing in Farm Price over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Farm
Farm Price '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 Farm Price'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 Farm Price.
0.00
11/15/2024
No Change 0.00
0.0
In 31 days
12/15/2024
0.00
If you would invest 0.00 in Farm Price on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Farm Price Holdings or generate 0.0% return on investment in Farm Price over 30 days.
Farm Price 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 Farm Price'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 Farm Price Holdings upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Farm Price's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Farm Price's standard deviation. In reality, there are many statistical measures that can use Farm Price historical prices to predict the future Farm Price's volatility.
Farm Price Holdings secures Sharpe Ratio (or Efficiency) of -0.0577, which denotes the company had a -0.0577% return per unit of risk over the last 3 months. Farm Price Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Farm Price's Variance of 3.08, mean deviation of 1.18, and Standard Deviation of 1.75 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0305, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Farm Price are expected to decrease at a much lower rate. During the bear market, Farm Price is likely to outperform the market. At this point, Farm Price Holdings has a negative expected return of -0.0992%. Please make sure to confirm Farm Price's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Farm Price Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation
0.51
Modest predictability
Farm Price Holdings has modest predictability. Overlapping area represents the amount of predictability between Farm Price time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th of December 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 Farm Price Holdings price movement. The serial correlation of 0.51 indicates that about 51.0% of current Farm Price price fluctuation can be explain by its past prices.
Correlation Coefficient
0.51
Spearman Rank Test
-0.01
Residual Average
0.0
Price Variance
0.0
Farm Price Holdings lagged returns against current returns
Autocorrelation, which is Farm Price 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 Farm Price's stock expected returns. We can calculate the autocorrelation of Farm Price returns to help us make a trade decision. For example, suppose you find that Farm Price 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
Farm Price 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 Farm Price stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Farm Price stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Farm Price stock over time.
Current vs Lagged Prices
Timeline
Farm Price Lagged Returns
When evaluating Farm Price's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Farm Price stock have on its future price. Farm Price 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, Farm Price autocorrelation shows the relationship between Farm Price stock current value and its past values and can show if there is a momentum factor associated with investing in Farm Price Holdings.
Regressed Prices
Timeline
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