Fosterville South Exploration Stock Market Value
| FSXLF Stock | USD 0.35 0.03 9.37% |
| Symbol | Fosterville |
Fosterville South '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 Fosterville South'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 Fosterville South.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Fosterville South on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Fosterville South Exploration or generate 0.0% return on investment in Fosterville South over 30 days. Fosterville South is related to or competes with Independence Gold, Artemis Gold, Heliostar Metals, Montage Gold, Revival Gold, Cabral Gold, and Cassiar Gold. Fosterville South Exploration Ltd., a junior exploration company, engages in the acquisition and exploration of epizonal... More
Fosterville South 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 Fosterville South'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 Fosterville South Exploration upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 19.3 | |||
| Value At Risk | (8.16) | |||
| Potential Upside | 9.09 |
Fosterville South Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fosterville South's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fosterville South's standard deviation. In reality, there are many statistical measures that can use Fosterville South historical prices to predict the future Fosterville South's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.94) | |||
| Treynor Ratio | (1.58) |
Fosterville South Backtested Returns
Fosterville South secures Sharpe Ratio (or Efficiency) of -0.0981, which denotes the company had a -0.0981% return per unit of risk over the last 3 months. Fosterville South Exploration exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fosterville South's Mean Deviation of 3.25, variance of 18.99, and Standard Deviation of 4.36 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, Fosterville South's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fosterville South is expected to be smaller as well. At this point, Fosterville South has a negative expected return of -0.43%. Please make sure to confirm Fosterville South's jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Fosterville South performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.84 |
Excellent reverse predictability
Fosterville South Exploration has excellent reverse predictability. Overlapping area represents the amount of predictability between Fosterville South time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Fosterville South price movement. The serial correlation of -0.84 indicates that around 84.0% of current Fosterville South price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fosterville South lagged returns against current returns
Autocorrelation, which is Fosterville South 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 Fosterville South's otc stock expected returns. We can calculate the autocorrelation of Fosterville South returns to help us make a trade decision. For example, suppose you find that Fosterville South 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 |
Fosterville South 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 Fosterville South otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fosterville South otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fosterville South otc stock over time.
Current vs Lagged Prices |
| Timeline |
Fosterville South Lagged Returns
When evaluating Fosterville South's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fosterville South otc stock have on its future price. Fosterville South 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, Fosterville South autocorrelation shows the relationship between Fosterville South otc stock current value and its past values and can show if there is a momentum factor associated with investing in Fosterville South Exploration.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Fosterville OTC Stock
Fosterville South financial ratios help investors to determine whether Fosterville 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 Fosterville with respect to the benefits of owning Fosterville South security.