Federal Home Loan Stock Market Value
| FMCCN Stock | USD 15.75 0.45 2.94% |
| Symbol | Federal |
Federal Home '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 Federal Home'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 Federal Home.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Federal Home on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Federal Home Loan or generate 0.0% return on investment in Federal Home over 30 days. Federal Home is related to or competes with Federal National, Federal Home, Federal Home, Federal Home, Federal Home, Federal Home, and Federal Home. Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States More
Federal Home 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 Federal Home'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 Federal Home Loan upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.06 | |||
| Information Ratio | 0.1743 | |||
| Maximum Drawdown | 81.37 | |||
| Value At Risk | (3.01) | |||
| Potential Upside | 7.11 |
Federal Home Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Federal Home's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Federal Home's standard deviation. In reality, there are many statistical measures that can use Federal Home historical prices to predict the future Federal Home's volatility.| Risk Adjusted Performance | 0.1508 | |||
| Jensen Alpha | 1.13 | |||
| Total Risk Alpha | 0.4959 | |||
| Sortino Ratio | 0.4337 | |||
| Treynor Ratio | 0.2627 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Federal Home'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.
Federal Home Loan Backtested Returns
Federal Home is slightly risky given 3 months investment horizon. Federal Home Loan 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 were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.93% are justified by taking the suggested risk. Use Federal Home Downside Deviation of 4.06, mean deviation of 3.72, and Coefficient Of Variation of 539.03 to evaluate company specific risk that cannot be diversified away. Federal Home holds a performance score of 14 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 7.1, 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, Federal Home will likely underperform. Use Federal Home potential upside, day median price, and the relationship between the sortino ratio and skewness , to analyze future returns on Federal Home.
Auto-correlation | 0.71 |
Good predictability
Federal Home Loan has good predictability. Overlapping area represents the amount of predictability between Federal Home 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 Federal Home Loan price movement. The serial correlation of 0.71 indicates that around 71.0% of current Federal Home price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Federal Home Loan lagged returns against current returns
Autocorrelation, which is Federal Home 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 Federal Home's otc stock expected returns. We can calculate the autocorrelation of Federal Home returns to help us make a trade decision. For example, suppose you find that Federal Home 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 |
Federal Home 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 Federal Home otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Federal Home otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Federal Home otc stock over time.
Current vs Lagged Prices |
| Timeline |
Federal Home Lagged Returns
When evaluating Federal Home's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Federal Home otc stock have on its future price. Federal Home 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, Federal Home autocorrelation shows the relationship between Federal Home otc stock current value and its past values and can show if there is a momentum factor associated with investing in Federal Home Loan.
Regressed Prices |
| Timeline |
Pair Trading with Federal Home
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 Federal Home 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 Federal Home will appreciate offsetting losses from the drop in the long position's value.Moving together with Federal OTC Stock
Moving against Federal OTC Stock
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| 0.86 | BKRKY | Bank Rakyat | PairCorr |
| 0.83 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.82 | PPERF | Bank Mandiri Persero | PairCorr |
The ability to find closely correlated positions to Federal Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Federal Home 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 Federal Home - 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 Federal Home Loan to buy it.
The correlation of Federal Home 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 Federal Home moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Federal Home Loan 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 Federal Home 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 Federal OTC Stock
Federal Home financial ratios help investors to determine whether Federal 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 Federal with respect to the benefits of owning Federal Home security.