Fab Form Industries Stock Market Value
| FBF Stock | CAD 1.46 0.01 0.68% |
| Symbol | Fab |
Fab Form Industries Price To Book Ratio
Fab Form '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 Fab Form'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 Fab Form.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Fab Form on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Fab Form Industries or generate 0.0% return on investment in Fab Form over 30 days. Fab Form is related to or competes with Atlas Engineered, Inventronics, Imaflex, and AirIQ. Fab-Form Industries Ltd. develops, manufactures, and distributes proprietary technology to form concrete footings, colum... More
Fab Form 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 Fab Form'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 Fab Form Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 22.76 | |||
| Value At Risk | (5.33) | |||
| Potential Upside | 6.71 |
Fab Form Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fab Form's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fab Form's standard deviation. In reality, there are many statistical measures that can use Fab Form historical prices to predict the future Fab Form's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | 0.5291 |
Fab Form Industries Backtested Returns
Fab Form Industries secures Sharpe Ratio (or Efficiency) of -0.0201, which denotes the company had a -0.0201% return per unit of standard deviation over the last 3 months. Fab Form Industries exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fab Form's Mean Deviation of 2.23, standard deviation of 3.75, and Coefficient Of Variation of (2,426) to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fab Form are expected to decrease at a much lower rate. During the bear market, Fab Form is likely to outperform the market. At this point, Fab Form Industries has a negative expected return of -0.0765%. Please make sure to confirm Fab Form's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if Fab Form Industries performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.43 |
Modest reverse predictability
Fab Form Industries has modest reverse predictability. Overlapping area represents the amount of predictability between Fab Form time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Fab Form Industries price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Fab Form price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fab Form Industries lagged returns against current returns
Autocorrelation, which is Fab Form 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 Fab Form's stock expected returns. We can calculate the autocorrelation of Fab Form returns to help us make a trade decision. For example, suppose you find that Fab Form 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 |
Fab Form 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 Fab Form stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fab Form stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fab Form stock over time.
Current vs Lagged Prices |
| Timeline |
Fab Form Lagged Returns
When evaluating Fab Form's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fab Form stock have on its future price. Fab Form 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, Fab Form autocorrelation shows the relationship between Fab Form stock current value and its past values and can show if there is a momentum factor associated with investing in Fab Form Industries.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Fab Stock Analysis
When running Fab Form's price analysis, check to measure Fab Form's 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 Fab Form is operating at the current time. Most of Fab Form's value examination focuses on studying past and present price action to predict the probability of Fab Form's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fab Form's price. Additionally, you may evaluate how the addition of Fab Form to your portfolios can decrease your overall portfolio volatility.