Finance Of America Stock Market Value
| FOA Stock | USD 19.44 0.92 4.97% |
| Symbol | Finance |
Finance of America Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Finance Of. If investors know Finance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Finance Of listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 14.87 | Revenue Per Share 75.103 | Quarterly Revenue Growth (0.47) | Return On Assets 0.0128 | Return On Equity 1.2656 |
The market value of Finance of America is measured differently than its book value, which is the value of Finance that is recorded on the company's balance sheet. Investors also form their own opinion of Finance Of's value that differs from its market value or its book value, called intrinsic value, which is Finance Of's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Finance Of's market value can be influenced by many factors that don't directly affect Finance Of's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Finance Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if Finance Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Finance Of's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Finance Of '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 Finance Of'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 Finance Of.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Finance Of on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Finance of America or generate 0.0% return on investment in Finance Of over 720 days. Finance Of is related to or competes with Regional Management, Orix Corp, FirstCash, EZCORP, SLM Corp, Navient Corp, and Enova International. Finance of America Companies Inc. operates a consumer lending platform in the United States More
Finance Of 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 Finance Of'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 Finance of America upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.26 | |||
| Information Ratio | 0.2016 | |||
| Maximum Drawdown | 48.36 | |||
| Value At Risk | (10.96) | |||
| Potential Upside | 14.49 |
Finance Of Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Finance Of's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Finance Of's standard deviation. In reality, there are many statistical measures that can use Finance Of historical prices to predict the future Finance Of's volatility.| Risk Adjusted Performance | 0.1751 | |||
| Jensen Alpha | 1.84 | |||
| Total Risk Alpha | 0.4369 | |||
| Sortino Ratio | 0.2477 | |||
| Treynor Ratio | 2.84 |
Finance of America Backtested Returns
Finance Of is unstable given 3 months investment horizon. Finance of America secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.8% are justified by taking the suggested risk. Use Finance Of Mean Deviation of 6.55, downside deviation of 7.26, and Coefficient Of Variation of 460.75 to evaluate company specific risk that cannot be diversified away. Finance Of holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.68, which means possible diversification benefits within a given portfolio. As returns on the market increase, Finance Of's returns are expected to increase less than the market. However, during the bear market, the loss of holding Finance Of is expected to be smaller as well. Use Finance Of total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to analyze future returns on Finance Of.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Finance of America has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Finance Of time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Finance of America price movement. The serial correlation of -0.73 indicates that around 73.0% of current Finance Of price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 13.77 |
Finance of America lagged returns against current returns
Autocorrelation, which is Finance Of 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 Finance Of's stock expected returns. We can calculate the autocorrelation of Finance Of returns to help us make a trade decision. For example, suppose you find that Finance Of 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 |
Finance Of 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 Finance Of stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Finance Of stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Finance Of stock over time.
Current vs Lagged Prices |
| Timeline |
Finance Of Lagged Returns
When evaluating Finance Of's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Finance Of stock have on its future price. Finance Of 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, Finance Of autocorrelation shows the relationship between Finance Of stock current value and its past values and can show if there is a momentum factor associated with investing in Finance of America.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Finance of America offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Finance Of's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Finance Of America Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Finance Of America Stock:Check out Finance Of Correlation, Finance Of Volatility and Finance Of Alpha and Beta module to complement your research on Finance Of. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Finance Of technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.