First Pacific Stock Market Value
| FPAFY Stock | USD 2.26 0.02 0.89% |
| Symbol | First |
First Pacific '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 First Pacific's pink sheet 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 First Pacific.
| 01/21/2024 |
| 04/20/2024 |
If you would invest 0.00 in First Pacific on January 21, 2024 and sell it all today you would earn a total of 0.00 from holding First Pacific or generate 0.0% return on investment in First Pacific over 90 days. First Pacific is related to or competes with Pfizer, Heartland Financial, Conflux Network, Citigroup Capital, Johnson Johnson, 2Seventy Bio, and Chevron Corp. First Pacific Company Limited, an investment management and holding company, engages in the consumer food products, tele... More
First Pacific 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 First Pacific's pink sheet 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 First Pacific upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.87 | |||
| Information Ratio | 0.0677 | |||
| Maximum Drawdown | 15.81 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 3.91 |
First Pacific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Pacific's standard deviation. In reality, there are many statistical measures that can use First Pacific historical prices to predict the future First Pacific's volatility.| Risk Adjusted Performance | 0.071 | |||
| Jensen Alpha | 0.2546 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0853 | |||
| Treynor Ratio | (0.88) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Pacific'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.
First Pacific Backtested Returns
First Pacific appears to be risky, given 3 months investment horizon. First Pacific secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for First Pacific, which you can use to evaluate the volatility of the firm. Please utilize First Pacific's Downside Deviation of 1.87, coefficient of variation of 961.93, and Mean Deviation of 1.55 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First Pacific holds a performance score of 10. The firm shows a Beta (market volatility) of -0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning First Pacific are expected to decrease at a much lower rate. During the bear market, First Pacific is likely to outperform the market. Please check First Pacific's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether First Pacific's price patterns will revert.
Auto-correlation | 0.26 |
Poor predictability
First Pacific has poor predictability. Overlapping area represents the amount of predictability between First Pacific time series from 21st of January 2024 to 6th of March 2024 and 6th of March 2024 to 20th of April 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 First Pacific price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current First Pacific price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
First Pacific lagged returns against current returns
Autocorrelation, which is First Pacific pink sheet'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 First Pacific's pink sheet expected returns. We can calculate the autocorrelation of First Pacific returns to help us make a trade decision. For example, suppose you find that First Pacific has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
First Pacific 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 First Pacific pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Pacific pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Pacific pink sheet over time.
Current vs Lagged Prices |
| Timeline |
First Pacific Lagged Returns
When evaluating First Pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Pacific pink sheet have on its future price. First Pacific 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, First Pacific autocorrelation shows the relationship between First Pacific pink sheet current value and its past values and can show if there is a momentum factor associated with investing in First Pacific.
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 First Pacific 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, First Pacific's short interest history, or implied volatility extrapolated from First Pacific options trading.
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Try AI Portfolio ArchitectCheck out First Pacific Correlation, First Pacific Volatility and First Pacific Alpha and Beta module to complement your research on First Pacific. Note that the First Pacific information on this page should be used as a complementary analysis to other First Pacific'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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for First Pink Sheet analysis
When running First Pacific's price analysis, check to measure First Pacific'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 First Pacific is operating at the current time. Most of First Pacific's value examination focuses on studying past and present price action to predict the probability of First Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Pacific's price. Additionally, you may evaluate how the addition of First Pacific to your portfolios can decrease your overall portfolio volatility.
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First Pacific technical pink sheet 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, pink sheet market cycles, or different charting patterns.