Firemans Contractors Stock Market Value
| FRCN Stock | USD 0.0001 0.00 0.00% |
| Symbol | Firemans |
Firemans Contractors '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 Firemans Contractors' 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 Firemans Contractors.
| 04/29/2025 |
| 07/28/2025 |
If you would invest 0.00 in Firemans Contractors on April 29, 2025 and sell it all today you would earn a total of 0.00 from holding Firemans Contractors or generate 0.0% return on investment in Firemans Contractors over 90 days. Firemans Contractors is related to or competes with National Vision, National Beverage, CDW Corp, Pool, Asbury Automotive, ScanSource, and Oatly Group. Firemans Contractors, Inc. provides parking lot maintenance services in the United States More
Firemans Contractors 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 Firemans Contractors' 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 Firemans Contractors upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1119 | |||
| Maximum Drawdown | 1000.0 |
Firemans Contractors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Firemans Contractors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Firemans Contractors' standard deviation. In reality, there are many statistical measures that can use Firemans Contractors historical prices to predict the future Firemans Contractors' volatility.| Risk Adjusted Performance | 0.098 | |||
| Jensen Alpha | 2.29 | |||
| Total Risk Alpha | (18.36) | |||
| Treynor Ratio | 0.2368 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Firemans Contractors' 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.
Firemans Contractors Backtested Returns
Firemans Contractors is out of control given 3 months investment horizon. Firemans Contractors secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11 % return per unit of risk over the last 3 months. We were able to break down sixteen different technical indicators, which can help you to evaluate if expected returns of 14.52% are justified by taking the suggested risk. Use Firemans Contractors Variance of 16343.2, mean deviation of 31.79, and Standard Deviation of 127.84 to evaluate company specific risk that cannot be diversified away. Firemans Contractors holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 61.26, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Firemans Contractors will likely underperform. Use Firemans Contractors treynor ratio and rate of daily change , to analyze future returns on Firemans Contractors.
Auto-correlation | 0.00 |
No correlation between past and present
Firemans Contractors has no correlation between past and present. Overlapping area represents the amount of predictability between Firemans Contractors time series from 29th of April 2025 to 13th of June 2025 and 13th of June 2025 to 28th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Firemans Contractors price movement. The serial correlation of 0.0 indicates that just 0.0% of current Firemans Contractors price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Firemans Contractors lagged returns against current returns
Autocorrelation, which is Firemans Contractors 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 Firemans Contractors' pink sheet expected returns. We can calculate the autocorrelation of Firemans Contractors returns to help us make a trade decision. For example, suppose you find that Firemans Contractors 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 |
Firemans Contractors 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 Firemans Contractors pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Firemans Contractors pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Firemans Contractors pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Firemans Contractors Lagged Returns
When evaluating Firemans Contractors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Firemans Contractors pink sheet have on its future price. Firemans Contractors 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, Firemans Contractors autocorrelation shows the relationship between Firemans Contractors pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Firemans Contractors.
Regressed Prices |
| Timeline |
Pair Trading with Firemans Contractors
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 Firemans Contractors 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 Firemans Contractors will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Firemans Contractors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Firemans Contractors 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 Firemans Contractors - 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 Firemans Contractors to buy it.
The correlation of Firemans Contractors 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 Firemans Contractors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Firemans Contractors 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 Firemans Contractors 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.Other Information on Investing in Firemans Pink Sheet
Firemans Contractors financial ratios help investors to determine whether Firemans Pink Sheet 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 Firemans with respect to the benefits of owning Firemans Contractors security.