VIRGIN WINES (Germany) Market Value
| 3RW Stock | EUR 0.80 0.00 0.00% |
| Symbol | VIRGIN |
VIRGIN WINES '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 VIRGIN WINES'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 VIRGIN WINES.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in VIRGIN WINES on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding VIRGIN WINES UK or generate 0.0% return on investment in VIRGIN WINES over 510 days. VIRGIN WINES is related to or competes with Pure Storage, ScanSource, New Residential, SLR Investment, Strategic Investments, SCANSOURCE (SC3SG), and National Storage. Virgin Wines UK PLC operates as a direct-to-consumer online wine retailer in the United Kingdom More
VIRGIN WINES 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 VIRGIN WINES'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 VIRGIN WINES UK upside and downside potential and time the market with a certain degree of confidence.
VIRGIN WINES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VIRGIN WINES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VIRGIN WINES's standard deviation. In reality, there are many statistical measures that can use VIRGIN WINES historical prices to predict the future VIRGIN WINES's volatility.VIRGIN WINES UK Backtested Returns
We have found three technical indicators for VIRGIN WINES UK, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and VIRGIN WINES are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
VIRGIN WINES UK has perfect predictability. Overlapping area represents the amount of predictability between VIRGIN WINES time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th of November 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 VIRGIN WINES UK price movement. The serial correlation of 1.0 indicates that 100.0% of current VIRGIN WINES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
VIRGIN WINES UK lagged returns against current returns
Autocorrelation, which is VIRGIN WINES 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 VIRGIN WINES's stock expected returns. We can calculate the autocorrelation of VIRGIN WINES returns to help us make a trade decision. For example, suppose you find that VIRGIN WINES 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 |
VIRGIN WINES 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 VIRGIN WINES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VIRGIN WINES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VIRGIN WINES stock over time.
Current vs Lagged Prices |
| Timeline |
VIRGIN WINES Lagged Returns
When evaluating VIRGIN WINES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VIRGIN WINES stock have on its future price. VIRGIN WINES 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, VIRGIN WINES autocorrelation shows the relationship between VIRGIN WINES stock current value and its past values and can show if there is a momentum factor associated with investing in VIRGIN WINES UK.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in VIRGIN Stock
VIRGIN WINES financial ratios help investors to determine whether VIRGIN 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 VIRGIN with respect to the benefits of owning VIRGIN WINES security.