Fairfax India Holdings Stock Market Value
| FFXDF Stock | USD 15.91 0.27 1.73% |
| Symbol | Fairfax |
Fairfax India '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 Fairfax India'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 Fairfax India.
| 08/06/2024 |
| 12/04/2024 |
If you would invest 0.00 in Fairfax India on August 6, 2024 and sell it all today you would earn a total of 0.00 from holding Fairfax India Holdings or generate 0.0% return on investment in Fairfax India over 120 days. Fairfax India is related to or competes with Western Asset, Invesco Trust, Logan Ridge, Invesco Advantage, Invesco Municipal, Rand Capital, and Noah Holdings. Fairfax India Holdings Corporation, an investment holding company, engages in the investment activities in India More
Fairfax India 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 Fairfax India'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 Fairfax India Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.17 | |||
| Information Ratio | 0.0321 | |||
| Maximum Drawdown | 7.51 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 2.22 |
Fairfax India Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fairfax India's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fairfax India's standard deviation. In reality, there are many statistical measures that can use Fairfax India historical prices to predict the future Fairfax India's volatility.| Risk Adjusted Performance | 0.0999 | |||
| Jensen Alpha | 0.1221 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0331 | |||
| Treynor Ratio | 0.7366 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fairfax India'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.
Fairfax India Holdings Backtested Returns
At this point, Fairfax India is very steady. Fairfax India Holdings secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fairfax India Holdings, which you can use to evaluate the volatility of the firm. Please confirm Fairfax India's Mean Deviation of 0.8427, downside deviation of 1.17, and Coefficient Of Variation of 792.82 to check if the risk estimate we provide is consistent with the expected return of 0.15%. Fairfax India has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, Fairfax India's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fairfax India is expected to be smaller as well. Fairfax India Holdings right now shows a risk of 1.22%. Please confirm Fairfax India Holdings value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to decide if Fairfax India Holdings will be following its price patterns.
Auto-correlation | 0.58 |
Modest predictability
Fairfax India Holdings has modest predictability. Overlapping area represents the amount of predictability between Fairfax India time series from 6th of August 2024 to 5th of October 2024 and 5th of October 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 Fairfax India Holdings price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Fairfax India price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
Fairfax India Holdings lagged returns against current returns
Autocorrelation, which is Fairfax India 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 Fairfax India's pink sheet expected returns. We can calculate the autocorrelation of Fairfax India returns to help us make a trade decision. For example, suppose you find that Fairfax India 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 |
Fairfax India 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 Fairfax India pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fairfax India pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fairfax India pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Fairfax India Lagged Returns
When evaluating Fairfax India's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fairfax India pink sheet have on its future price. Fairfax India 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, Fairfax India autocorrelation shows the relationship between Fairfax India pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Fairfax India Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Fairfax Pink Sheet
Fairfax India financial ratios help investors to determine whether Fairfax 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 Fairfax with respect to the benefits of owning Fairfax India security.