Filinvest REIT (Philippines) Market Value
| FILRT Stock | 2.86 0.02 0.70% |
| Symbol | Filinvest |
Filinvest REIT '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 Filinvest REIT'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 Filinvest REIT.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in Filinvest REIT on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Filinvest REIT Corp or generate 0.0% return on investment in Filinvest REIT over 30 days. Filinvest REIT is related to or competes with AyalaLand REIT, DDMP REIT, Century Pacific, RFM Corp, Philippine National, and Axelum Resources. More
Filinvest REIT 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 Filinvest REIT'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 Filinvest REIT Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 7.53 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 1.34 |
Filinvest REIT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Filinvest REIT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Filinvest REIT's standard deviation. In reality, there are many statistical measures that can use Filinvest REIT historical prices to predict the future Filinvest REIT's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.8164 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Filinvest REIT'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.
Filinvest REIT Corp Backtested Returns
Filinvest REIT Corp secures Sharpe Ratio (or Efficiency) of -0.0593, which denotes the company had a -0.0593% return per unit of risk over the last 3 months. Filinvest REIT Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Filinvest REIT's Standard Deviation of 1.27, variance of 1.62, and Mean Deviation of 0.8565 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Filinvest REIT are expected to decrease at a much lower rate. During the bear market, Filinvest REIT is likely to outperform the market. At this point, Filinvest REIT Corp has a negative expected return of -0.0681%. Please make sure to confirm Filinvest REIT's standard deviation, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Filinvest REIT Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.22 |
Weak reverse predictability
Filinvest REIT Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Filinvest REIT time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 Filinvest REIT Corp price movement. The serial correlation of -0.22 indicates that over 22.0% of current Filinvest REIT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Filinvest REIT Corp lagged returns against current returns
Autocorrelation, which is Filinvest REIT 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 Filinvest REIT's stock expected returns. We can calculate the autocorrelation of Filinvest REIT returns to help us make a trade decision. For example, suppose you find that Filinvest REIT 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 |
Filinvest REIT 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 Filinvest REIT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Filinvest REIT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Filinvest REIT stock over time.
Current vs Lagged Prices |
| Timeline |
Filinvest REIT Lagged Returns
When evaluating Filinvest REIT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Filinvest REIT stock have on its future price. Filinvest REIT 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, Filinvest REIT autocorrelation shows the relationship between Filinvest REIT stock current value and its past values and can show if there is a momentum factor associated with investing in Filinvest REIT Corp.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Filinvest Stock Analysis
When running Filinvest REIT's price analysis, check to measure Filinvest REIT'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 Filinvest REIT is operating at the current time. Most of Filinvest REIT's value examination focuses on studying past and present price action to predict the probability of Filinvest REIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Filinvest REIT's price. Additionally, you may evaluate how the addition of Filinvest REIT to your portfolios can decrease your overall portfolio volatility.