Flow Beverage Corp Stock Market Value
| FLOW Stock | 0.14 0.01 6.67% |
| Symbol | Flow |
Flow Beverage Corp Price To Book Ratio
Flow Beverage '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 Flow Beverage'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 Flow Beverage.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Flow Beverage on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Flow Beverage Corp or generate 0.0% return on investment in Flow Beverage over 30 days. Flow Beverage is related to or competes with Payfare, Thinkific Labs, and Kits Eyecare. Flow Beverage is entity of Canada. It is traded as Stock on TO exchange. More
Flow Beverage 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 Flow Beverage'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 Flow Beverage Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 30.15 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 11.11 |
Flow Beverage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flow Beverage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flow Beverage's standard deviation. In reality, there are many statistical measures that can use Flow Beverage historical prices to predict the future Flow Beverage's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | (0.16) |
Flow Beverage Corp Backtested Returns
Flow Beverage Corp secures Sharpe Ratio (or Efficiency) of -0.0594, which denotes the company had a -0.0594% return per unit of risk over the last 3 months. Flow Beverage Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Flow Beverage's Variance of 32.07, mean deviation of 3.74, and Standard Deviation of 5.66 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.42, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Flow Beverage will likely underperform. At this point, Flow Beverage Corp has a negative expected return of -0.33%. Please make sure to confirm Flow Beverage's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Flow Beverage Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.24 |
Weak predictability
Flow Beverage Corp has weak predictability. Overlapping area represents the amount of predictability between Flow Beverage 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 Flow Beverage Corp price movement. The serial correlation of 0.24 indicates that over 24.0% of current Flow Beverage price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Flow Beverage Corp lagged returns against current returns
Autocorrelation, which is Flow Beverage 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 Flow Beverage's stock expected returns. We can calculate the autocorrelation of Flow Beverage returns to help us make a trade decision. For example, suppose you find that Flow Beverage 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 |
Flow Beverage 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 Flow Beverage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flow Beverage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Flow Beverage stock over time.
Current vs Lagged Prices |
| Timeline |
Flow Beverage Lagged Returns
When evaluating Flow Beverage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flow Beverage stock have on its future price. Flow Beverage 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, Flow Beverage autocorrelation shows the relationship between Flow Beverage stock current value and its past values and can show if there is a momentum factor associated with investing in Flow Beverage Corp.
Regressed Prices |
| Timeline |
Pair Trading with Flow Beverage
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Flow Beverage position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Flow Beverage will appreciate offsetting losses from the drop in the long position's value.Moving against Flow Stock
| 0.8 | WMT | Walmart Inc CDR | PairCorr |
| 0.76 | AMZN | Amazon CDR | PairCorr |
| 0.62 | GOOG | Alphabet CDR | PairCorr |
| 0.55 | NVDA | NVIDIA CDR | PairCorr |
| 0.52 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to Flow Beverage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flow Beverage when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Flow Beverage - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Flow Beverage Corp to buy it.
The correlation of Flow Beverage is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Flow Beverage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flow Beverage Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Flow Beverage can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Flow Stock
Flow Beverage financial ratios help investors to determine whether Flow 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 Flow with respect to the benefits of owning Flow Beverage security.