VT Industrial (China) Market Value
| 300707 Stock | 16.78 0.22 1.33% |
| Symbol | 300707 |
VT Industrial '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 VT Industrial'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 VT Industrial.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in VT Industrial on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding VT Industrial Technology or generate 0.0% return on investment in VT Industrial over 30 days. VT Industrial is related to or competes with North Huajin, Hubei Dinglong, Xiangyang Automobile, Dongfeng Automobile, BTG Hotels, Lianhe Chemical, and Haima Automobile. VT Industrial is entity of China. It is traded as Stock on SHE exchange. More
VT Industrial 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 VT Industrial'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 VT Industrial Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.26 | |||
| Information Ratio | 0.1256 | |||
| Maximum Drawdown | 27.39 | |||
| Value At Risk | (6.10) | |||
| Potential Upside | 11.52 |
VT Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VT Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VT Industrial's standard deviation. In reality, there are many statistical measures that can use VT Industrial historical prices to predict the future VT Industrial's volatility.| Risk Adjusted Performance | 0.1174 | |||
| Jensen Alpha | 0.5737 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1459 | |||
| Treynor Ratio | 0.5199 |
VT Industrial Technology Backtested Returns
VT Industrial appears to be somewhat reliable, given 3 months investment horizon. VT Industrial Technology retains Efficiency (Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of price deviation over the last 3 months. By analyzing VT Industrial's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please review VT Industrial's Mean Deviation of 3.3, downside deviation of 4.26, and Risk Adjusted Performance of 0.1174 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, VT Industrial holds a performance score of 14. The entity owns a Beta (Systematic Risk) of 1.41, which indicates 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, VT Industrial will likely underperform. Please check VT Industrial's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether VT Industrial's current price history will revert.
Auto-correlation | -0.84 |
Excellent reverse predictability
VT Industrial Technology has excellent reverse predictability. Overlapping area represents the amount of predictability between VT Industrial time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 VT Industrial Technology price movement. The serial correlation of -0.84 indicates that around 84.0% of current VT Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
VT Industrial Technology lagged returns against current returns
Autocorrelation, which is VT Industrial 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 VT Industrial's stock expected returns. We can calculate the autocorrelation of VT Industrial returns to help us make a trade decision. For example, suppose you find that VT Industrial 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 |
VT Industrial 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 VT Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VT Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VT Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
VT Industrial Lagged Returns
When evaluating VT Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VT Industrial stock have on its future price. VT Industrial 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, VT Industrial autocorrelation shows the relationship between VT Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in VT Industrial Technology.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in 300707 Stock
VT Industrial financial ratios help investors to determine whether 300707 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 300707 with respect to the benefits of owning VT Industrial security.