Viet Capital Securities Stock Beta
| VCI Stock | 33,100 50.00 0.15% |
Viet Capital Securities fundamentals help investors to digest information that contributes to Viet Capital's financial success or failures. It also enables traders to predict the movement of Viet Stock. The fundamental analysis module provides a way to measure Viet Capital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Viet Capital stock.
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Viet Capital Securities Company Beta Analysis
Viet Capital's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
In accordance with the recently published financial statements, Viet Capital Securities has a Beta of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Beta (which currently averages 0.0) industry. This indicator is about the same for all Vietnam stocks average (which is currently at 0.0).
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About Viet Capital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Viet Capital Securities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Viet Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Viet Capital Securities based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Viet Capital
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 Viet Capital 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 Viet Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Viet Stock
The ability to find closely correlated positions to Viet Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viet Capital 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 Viet Capital - 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 Viet Capital Securities to buy it.
The correlation of Viet Capital 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 Viet Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viet Capital Securities 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 Viet Capital 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 Viet Stock
Viet Capital financial ratios help investors to determine whether Viet Stock 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 Viet with respect to the benefits of owning Viet Capital security.