Fidus Investment Corp Stock Market Value
| FDUS Stock | USD 19.81 0.02 0.10% |
| Symbol | Fidus |
Fidus Investment Corp Price To Book Ratio
Is Fidus Investment's industry 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 Fidus Investment. If investors know Fidus 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 Fidus Investment 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 0.047 | Dividend Share 1.68 | Earnings Share 2.96 | Revenue Per Share 4.871 | Quarterly Revenue Growth 0.193 |
The market value of Fidus Investment Corp is measured differently than its book value, which is the value of Fidus that is recorded on the company's balance sheet. Investors also form their own opinion of Fidus Investment's value that differs from its market value or its book value, called intrinsic value, which is Fidus Investment's 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 Fidus Investment's market value can be influenced by many factors that don't directly affect Fidus Investment's 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 Fidus Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidus Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidus Investment'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.
Fidus Investment '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 Fidus Investment'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 Fidus Investment.
| 02/17/2024 |
| 05/17/2024 |
If you would invest 0.00 in Fidus Investment on February 17, 2024 and sell it all today you would earn a total of 0.00 from holding Fidus Investment Corp or generate 0.0% return on investment in Fidus Investment over 90 days. Fidus Investment is related to or competes with RLI Corp, Westamerica Bancorporation, Brown Brown, and Jack Henry. Fidus Investment Corporation is a business development company More
Fidus Investment 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 Fidus Investment'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 Fidus Investment Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.623 | |||
| Information Ratio | 0.008 | |||
| Maximum Drawdown | 5.09 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 1.09 |
Fidus Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidus Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fidus Investment's standard deviation. In reality, there are many statistical measures that can use Fidus Investment historical prices to predict the future Fidus Investment's volatility.| Risk Adjusted Performance | 0.0884 | |||
| Jensen Alpha | 0.0517 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0102 | |||
| Treynor Ratio | 0.1941 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fidus Investment'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.
Fidus Investment Corp Backtested Returns
We consider Fidus Investment very steady. Fidus Investment Corp secures Sharpe Ratio (or Efficiency) of 0.0924, which denotes the company had a 0.0924% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Fidus Investment Corp, which you can use to evaluate the volatility of the firm. Please confirm Fidus Investment's Coefficient Of Variation of 693.19, downside deviation of 0.623, and Mean Deviation of 0.6075 to check if the risk estimate we provide is consistent with the expected return of 0.0627%. Fidus Investment has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.54, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fidus Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fidus Investment is expected to be smaller as well. Fidus Investment Corp right now shows a risk of 0.68%. Please confirm Fidus Investment Corp jensen alpha, as well as the relationship between the potential upside and daily balance of power , to decide if Fidus Investment Corp will be following its price patterns.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Fidus Investment Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Fidus Investment time series from 17th of February 2024 to 2nd of April 2024 and 2nd of April 2024 to 17th of May 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 Fidus Investment Corp price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Fidus Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Fidus Investment Corp lagged returns against current returns
Autocorrelation, which is Fidus Investment 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 Fidus Investment's stock expected returns. We can calculate the autocorrelation of Fidus Investment returns to help us make a trade decision. For example, suppose you find that Fidus Investment 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 |
Fidus Investment 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 Fidus Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fidus Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fidus Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Fidus Investment Lagged Returns
When evaluating Fidus Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fidus Investment stock have on its future price. Fidus Investment 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, Fidus Investment autocorrelation shows the relationship between Fidus Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Fidus Investment Corp.
Regressed Prices |
| Timeline |
Pair Trading with Fidus Investment
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 Fidus Investment 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 Fidus Investment will appreciate offsetting losses from the drop in the long position's value.Moving together with Fidus Stock
| 0.85 | WAVS | Western Acquisition | PairCorr |
The ability to find closely correlated positions to Fidus Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fidus Investment 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 Fidus Investment - 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 Fidus Investment Corp to buy it.
The correlation of Fidus Investment 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 Fidus Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fidus Investment Corp 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 Fidus Investment 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.Check out Fidus Investment Correlation, Fidus Investment Volatility and Fidus Investment Alpha and Beta module to complement your research on Fidus Investment. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Fidus Stock analysis
When running Fidus Investment's price analysis, check to measure Fidus Investment'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 Fidus Investment is operating at the current time. Most of Fidus Investment's value examination focuses on studying past and present price action to predict the probability of Fidus Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidus Investment's price. Additionally, you may evaluate how the addition of Fidus Investment to your portfolios can decrease your overall portfolio volatility.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Global Correlations Find global opportunities by holding instruments from different markets |
Fidus Investment 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.