Fentura Financial Stock Market Value
| FETM Stock | USD 47.99 1.49 3.20% |
| Symbol | Fentura |
Fentura Financial '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 Fentura Financial'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 Fentura Financial.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Fentura Financial on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Fentura Financial or generate 0.0% return on investment in Fentura Financial over 90 days. Fentura Financial is related to or competes with Pioneer Bankcorp, Liberty Northwest, First Community, and Coeur DAlene. Fentura Financial, Inc. operates as the bank holding company for The State Bank that provides banking products and servi... More
Fentura Financial 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 Fentura Financial'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 Fentura Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8788 | |||
| Information Ratio | 0.1239 | |||
| Maximum Drawdown | 10.81 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 2.69 |
Fentura Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fentura Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fentura Financial's standard deviation. In reality, there are many statistical measures that can use Fentura Financial historical prices to predict the future Fentura Financial's volatility.| Risk Adjusted Performance | 0.1458 | |||
| Jensen Alpha | 0.2118 | |||
| Total Risk Alpha | 0.0527 | |||
| Sortino Ratio | 0.2515 | |||
| Treynor Ratio | 0.3106 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fentura Financial'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.
Fentura Financial Backtested Returns
Fentura Financial appears to be very steady, given 3 months investment horizon. Fentura Financial secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fentura Financial, which you can use to evaluate the volatility of the firm. Please utilize Fentura Financial's Mean Deviation of 1.0, downside deviation of 0.8788, and Coefficient Of Variation of 516.46 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fentura Financial holds a performance score of 15. The firm shows a Beta (market volatility) of 1.08, which means a somewhat significant risk relative to the market. Fentura Financial returns are very sensitive to returns on the market. As the market goes up or down, Fentura Financial is expected to follow. Please check Fentura Financial's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Fentura Financial's price patterns will revert.
Auto-correlation | -0.1 |
Very weak reverse predictability
Fentura Financial has very weak reverse predictability. Overlapping area represents the amount of predictability between Fentura Financial time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Fentura Financial price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Fentura Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 4.08 |
Fentura Financial lagged returns against current returns
Autocorrelation, which is Fentura Financial 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 Fentura Financial's otc stock expected returns. We can calculate the autocorrelation of Fentura Financial returns to help us make a trade decision. For example, suppose you find that Fentura Financial 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 |
Fentura Financial 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 Fentura Financial otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fentura Financial otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fentura Financial otc stock over time.
Current vs Lagged Prices |
| Timeline |
Fentura Financial Lagged Returns
When evaluating Fentura Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fentura Financial otc stock have on its future price. Fentura Financial 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, Fentura Financial autocorrelation shows the relationship between Fentura Financial otc stock current value and its past values and can show if there is a momentum factor associated with investing in Fentura Financial.
Regressed Prices |
| Timeline |
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Fentura Financial financial ratios help investors to determine whether Fentura 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 Fentura with respect to the benefits of owning Fentura Financial security.