Fairfax Financial Holdings Stock Market Value

FFH Stock  CAD 1,460  8.00  0.54%   
Fairfax Financial's market value is the price at which a share of Fairfax Financial trades on a public exchange. It measures the collective expectations of Fairfax Financial Holdings investors about its performance. Fairfax Financial is selling at 1460.10 as of the 29th of March 2024; that is -0.54 percent decrease since the beginning of the trading day. The stock's open price was 1468.1.
With this module, you can estimate the performance of a buy and hold strategy of Fairfax Financial Holdings and determine expected loss or profit from investing in Fairfax Financial over a given investment horizon. Check out Fairfax Financial Correlation, Fairfax Financial Volatility and Fairfax Financial Alpha and Beta module to complement your research on Fairfax Financial.
Symbol

Fairfax Financial Price To Book Ratio

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

Fairfax Financial '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 Fairfax Financial'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 Fairfax Financial.
0.00
02/28/2024
No Change 0.00  0.0 
In 30 days
03/29/2024
0.00
If you would invest  0.00  in Fairfax Financial on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding Fairfax Financial Holdings or generate 0.0% return on investment in Fairfax Financial over 30 days. Fairfax Financial is related to or competes with Richards Packaging, Royal Canadian, and North American. Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, ... More

Fairfax Financial 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 Fairfax Financial'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 Fairfax Financial Holdings upside and downside potential and time the market with a certain degree of confidence.

Fairfax Financial Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fairfax Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fairfax Financial's standard deviation. In reality, there are many statistical measures that can use Fairfax Financial historical prices to predict the future Fairfax Financial's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fairfax Financial'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.
Hype
Prediction
LowEstimatedHigh
1,3141,4681,470
Details
Intrinsic
Valuation
LowRealHigh
1,3141,5751,577
Details
Earnings
Estimates (0)
LowProjected EPSHigh
47.2359.7667.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fairfax Financial. Your research has to be compared to or analyzed against Fairfax Financial's peers to derive any actionable benefits. When done correctly, Fairfax Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Fairfax Financial.

Fairfax Financial Backtested Returns

Fairfax Financial appears to be very steady, given 3 months investment horizon. Fairfax Financial secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fairfax Financial Holdings, which you can use to evaluate the volatility of the firm. Please utilize Fairfax Financial's Mean Deviation of 1.3, coefficient of variation of 593.47, and Downside Deviation of 2.77 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fairfax Financial holds a performance score of 12. 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, Fairfax Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fairfax Financial is expected to be smaller as well. Please check Fairfax Financial's standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Fairfax Financial's price patterns will revert.

Auto-correlation

    
  -0.64  

Very good reverse predictability

Fairfax Financial Holdings has very good reverse predictability. Overlapping area represents the amount of predictability between Fairfax Financial time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 Fairfax Financial price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Fairfax Financial price fluctuation can be explain by its past prices.
Correlation Coefficient-0.64
Spearman Rank Test-0.59
Residual Average0.0
Price Variance714.51

Fairfax Financial lagged returns against current returns

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

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

Fairfax Financial Lagged Returns

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fairfax Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fairfax Financial's short interest history, or implied volatility extrapolated from Fairfax Financial options trading.

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Check out Fairfax Financial Correlation, Fairfax Financial Volatility and Fairfax Financial Alpha and Beta module to complement your research on Fairfax Financial.
Note that the Fairfax Financial information on this page should be used as a complementary analysis to other Fairfax Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Fairfax Stock analysis

When running Fairfax Financial's price analysis, check to measure Fairfax Financial'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 Fairfax Financial is operating at the current time. Most of Fairfax Financial's value examination focuses on studying past and present price action to predict the probability of Fairfax Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fairfax Financial's price. Additionally, you may evaluate how the addition of Fairfax Financial to your portfolios can decrease your overall portfolio volatility.
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Fairfax Financial 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.
A focus of Fairfax Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fairfax Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...