Frontier Communications Parent Stock Market Value
| FYBR Stock | USD 34.52 0.03 0.09% |
| Symbol | Frontier |
Frontier Communications Price To Book Ratio
Is Diversified Telecommunication Services 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 Frontier Communications. If investors know Frontier 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 Frontier Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.59) | Earnings Share (0.75) | Revenue Per Share 23.68 | Quarterly Revenue Growth 0.037 | Return On Assets 0.0209 |
The market value of Frontier Communications is measured differently than its book value, which is the value of Frontier that is recorded on the company's balance sheet. Investors also form their own opinion of Frontier Communications' value that differs from its market value or its book value, called intrinsic value, which is Frontier Communications' 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 Frontier Communications' market value can be influenced by many factors that don't directly affect Frontier Communications' 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 Frontier Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Frontier Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Frontier Communications' 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.
Frontier Communications '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 Frontier Communications' 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 Frontier Communications.
| 11/07/2024 |
| 12/07/2024 |
If you would invest 0.00 in Frontier Communications on November 7, 2024 and sell it all today you would earn a total of 0.00 from holding Frontier Communications Parent or generate 0.0% return on investment in Frontier Communications over 30 days. Frontier Communications is related to or competes with Cable One, Charter Communications, Liberty Broadband, ATN International, Shenandoah Telecommunicatio, KT, and Anterix. Frontier Communications Parent, Inc., together with its subsidiaries, provides communications services for consumer and ... More
Frontier Communications 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 Frontier Communications' 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 Frontier Communications Parent upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 9.51 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.3 |
Frontier Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Frontier Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Frontier Communications' standard deviation. In reality, there are many statistical measures that can use Frontier Communications historical prices to predict the future Frontier Communications' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (1.21) |
Frontier Communications Backtested Returns
Frontier Communications secures Sharpe Ratio (or Efficiency) of -0.0747, which denotes the company had a -0.0747% return per unit of risk over the last 3 months. Frontier Communications Parent exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Frontier Communications' Mean Deviation of 0.6736, variance of 1.9, and Standard Deviation of 1.38 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, Frontier Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding Frontier Communications is expected to be smaller as well. At this point, Frontier Communications has a negative expected return of -0.0531%. Please make sure to confirm Frontier Communications' potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Frontier Communications performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
Frontier Communications Parent has good reverse predictability. Overlapping area represents the amount of predictability between Frontier Communications time series from 7th of November 2024 to 22nd of November 2024 and 22nd of November 2024 to 7th 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 Frontier Communications price movement. The serial correlation of -0.55 indicates that about 55.0% of current Frontier Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Frontier Communications lagged returns against current returns
Autocorrelation, which is Frontier Communications 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 Frontier Communications' stock expected returns. We can calculate the autocorrelation of Frontier Communications returns to help us make a trade decision. For example, suppose you find that Frontier Communications 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 |
Frontier Communications 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 Frontier Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Frontier Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Frontier Communications stock over time.
Current vs Lagged Prices |
| Timeline |
Frontier Communications Lagged Returns
When evaluating Frontier Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Frontier Communications stock have on its future price. Frontier Communications 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, Frontier Communications autocorrelation shows the relationship between Frontier Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Frontier Communications Parent.
Regressed Prices |
| Timeline |
Pair Trading with Frontier Communications
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 Frontier Communications 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 Frontier Communications will appreciate offsetting losses from the drop in the long position's value.Moving together with Frontier Stock
Moving against Frontier Stock
| 0.7 | Z | Zillow Group Class | PairCorr |
| 0.69 | ZG | Zillow Group | PairCorr |
| 0.67 | VEON | VEON | PairCorr |
| 0.64 | EA | Electronic Arts | PairCorr |
| 0.62 | SE | Sea | PairCorr |
The ability to find closely correlated positions to Frontier Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Frontier Communications 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 Frontier Communications - 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 Frontier Communications Parent to buy it.
The correlation of Frontier Communications 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 Frontier Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Frontier Communications 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 Frontier Communications 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.Additional Tools for Frontier Stock Analysis
When running Frontier Communications' price analysis, check to measure Frontier Communications' 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 Frontier Communications is operating at the current time. Most of Frontier Communications' value examination focuses on studying past and present price action to predict the probability of Frontier Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frontier Communications' price. Additionally, you may evaluate how the addition of Frontier Communications to your portfolios can decrease your overall portfolio volatility.