FSA (Australia) Market Value

FSA Stock   0.80  0.01  1.23%   
FSA's market value is the price at which a share of FSA trades on a public exchange. It measures the collective expectations of FSA Group investors about its performance. FSA is selling for under 0.8 as of the 4th of December 2024; that is 1.23 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 0.79.
With this module, you can estimate the performance of a buy and hold strategy of FSA Group and determine expected loss or profit from investing in FSA over a given investment horizon. Check out FSA Correlation, FSA Volatility and FSA Alpha and Beta module to complement your research on FSA.
Symbol

Please note, there is a significant difference between FSA's value and its price as these two are different measures arrived at by different means. Investors typically determine if FSA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FSA'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.

FSA '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 FSA'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 FSA.
0.00
11/04/2024
No Change 0.00  0.0 
In 31 days
12/04/2024
0.00
If you would invest  0.00  in FSA on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding FSA Group or generate 0.0% return on investment in FSA over 30 days. FSA is related to or competes with Australian United, Platinum Asia, COAST ENTERTAINMENT, REGAL ASIAN, OOhMedia, Auctus Alternative, and AiMedia Technologies. FSA is entity of Australia. It is traded as Stock on AU exchange. More

FSA 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 FSA'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 FSA Group upside and downside potential and time the market with a certain degree of confidence.

FSA Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for FSA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FSA's standard deviation. In reality, there are many statistical measures that can use FSA historical prices to predict the future FSA's volatility.
Hype
Prediction
LowEstimatedHigh
0.040.802.26
Details
Intrinsic
Valuation
LowRealHigh
0.030.692.15
Details
Naive
Forecast
LowNextHigh
0.020.792.25
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.800.810.82
Details

FSA Group Backtested Returns

FSA Group retains Efficiency (Sharpe Ratio) of -0.032, which denotes the company had a -0.032% return per unit of risk over the last 3 months. FSA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FSA's Standard Deviation of 1.61, variance of 2.6, and Market Risk Adjusted Performance of (0.57) to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.3, which means possible diversification benefits within a given portfolio. As returns on the market increase, FSA's returns are expected to increase less than the market. However, during the bear market, the loss of holding FSA is expected to be smaller as well. At this point, FSA Group has a negative expected return of -0.0464%. Please make sure to confirm FSA's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if FSA Group performance from the past will be repeated in the future.

Auto-correlation

    
  0.69  

Good predictability

FSA Group has good predictability. Overlapping area represents the amount of predictability between FSA 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 FSA Group price movement. The serial correlation of 0.69 indicates that around 69.0% of current FSA price fluctuation can be explain by its past prices.
Correlation Coefficient0.69
Spearman Rank Test0.52
Residual Average0.0
Price Variance0.0

FSA Group lagged returns against current returns

Autocorrelation, which is FSA 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 FSA's stock expected returns. We can calculate the autocorrelation of FSA returns to help us make a trade decision. For example, suppose you find that FSA 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  

FSA 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 FSA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FSA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FSA stock over time.
   Current vs Lagged Prices   
       Timeline  

FSA Lagged Returns

When evaluating FSA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FSA stock have on its future price. FSA 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, FSA autocorrelation shows the relationship between FSA stock current value and its past values and can show if there is a momentum factor associated with investing in FSA Group.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for FSA Stock Analysis

When running FSA's price analysis, check to measure FSA'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 FSA is operating at the current time. Most of FSA's value examination focuses on studying past and present price action to predict the probability of FSA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FSA's price. Additionally, you may evaluate how the addition of FSA to your portfolios can decrease your overall portfolio volatility.