VALE N1 (Germany) Market Value
| CVLC Stock | EUR 9.85 0.12 1.23% |
| Symbol | VALE |
VALE N1 '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 VALE N1'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 VALE N1.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in VALE N1 on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding VALE N1 or generate 0.0% return on investment in VALE N1 over 720 days. VALE N1 is related to or competes with SEKISUI CHEMICAL, Materialise, CHEMICAL INDUSTRIES, China BlueChemical, Yokohama Rubber, and Silicon Motion. More
VALE N1 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 VALE N1'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 VALE N1 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.84 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.93 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 2.69 |
VALE N1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VALE N1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VALE N1's standard deviation. In reality, there are many statistical measures that can use VALE N1 historical prices to predict the future VALE N1's volatility.| Risk Adjusted Performance | 0.015 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0251 |
VALE N1 Backtested Returns
We have found thirty technical indicators for VALE N1, which you can use to evaluate the volatility of the entity. Please validate VALE N1's Downside Deviation of 1.84, market risk adjusted performance of 0.0351, and Risk Adjusted Performance of 0.015 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%. The firm has a beta of 0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, VALE N1's returns are expected to increase less than the market. However, during the bear market, the loss of holding VALE N1 is expected to be smaller as well. VALE N1 currently has a risk of 1.78%. Please validate VALE N1 coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if VALE N1 will be following its existing price patterns.
Auto-correlation | 0.39 |
Below average predictability
VALE N1 has below average predictability. Overlapping area represents the amount of predictability between VALE N1 time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 VALE N1 price movement. The serial correlation of 0.39 indicates that just about 39.0% of current VALE N1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.69 |
VALE N1 lagged returns against current returns
Autocorrelation, which is VALE N1 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 VALE N1's stock expected returns. We can calculate the autocorrelation of VALE N1 returns to help us make a trade decision. For example, suppose you find that VALE N1 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 |
VALE N1 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 VALE N1 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VALE N1 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VALE N1 stock over time.
Current vs Lagged Prices |
| Timeline |
VALE N1 Lagged Returns
When evaluating VALE N1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VALE N1 stock have on its future price. VALE N1 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, VALE N1 autocorrelation shows the relationship between VALE N1 stock current value and its past values and can show if there is a momentum factor associated with investing in VALE N1.
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 VALE Stock
VALE N1 financial ratios help investors to determine whether VALE 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 VALE with respect to the benefits of owning VALE N1 security.