Vinci SA (UK) Market Value
| 0NQM Stock | 97.02 2.76 2.77% |
| Symbol | Vinci |
Vinci SA '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 Vinci SA'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 Vinci SA.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Vinci SA on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Vinci SA or generate 0.0% return on investment in Vinci SA over 30 days. Vinci SA is related to or competes with Check Point, Vitec Software, Odfjell Drilling, Batm Advanced, Compagnie Plastic, Charter Communications, and Alfa Financial. Vinci SA is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Vinci SA 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 Vinci SA'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 Vinci SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 7.06 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 1.31 |
Vinci SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vinci SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vinci SA's standard deviation. In reality, there are many statistical measures that can use Vinci SA historical prices to predict the future Vinci SA's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (2.10) |
Vinci SA Backtested Returns
Vinci SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Vinci SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vinci SA's Risk Adjusted Performance of (0.05), coefficient of variation of (1,380), and Variance of 1.23 to confirm the risk estimate we provide. The entity has a beta of 0.0431, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vinci SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vinci SA is expected to be smaller as well. At this point, Vinci SA has a negative expected return of -0.13%. Please make sure to validate Vinci SA's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Vinci SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Vinci SA has modest predictability. Overlapping area represents the amount of predictability between Vinci SA time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd of December 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 Vinci SA price movement. The serial correlation of 0.52 indicates that about 52.0% of current Vinci SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 1.71 |
Vinci SA lagged returns against current returns
Autocorrelation, which is Vinci SA 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 Vinci SA's stock expected returns. We can calculate the autocorrelation of Vinci SA returns to help us make a trade decision. For example, suppose you find that Vinci SA 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 |
Vinci SA 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 Vinci SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vinci SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vinci SA stock over time.
Current vs Lagged Prices |
| Timeline |
Vinci SA Lagged Returns
When evaluating Vinci SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vinci SA stock have on its future price. Vinci SA 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, Vinci SA autocorrelation shows the relationship between Vinci SA stock current value and its past values and can show if there is a momentum factor associated with investing in Vinci SA.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Vinci Stock Analysis
When running Vinci SA's price analysis, check to measure Vinci SA'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 Vinci SA is operating at the current time. Most of Vinci SA's value examination focuses on studying past and present price action to predict the probability of Vinci SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vinci SA's price. Additionally, you may evaluate how the addition of Vinci SA to your portfolios can decrease your overall portfolio volatility.