Vu Dang (Vietnam) Market Value
| SVD Stock | 3,310 180.00 5.16% |
| Symbol | SVD |
Vu Dang '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 Vu Dang'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 Vu Dang.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Vu Dang on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Vu Dang Investment or generate 0.0% return on investment in Vu Dang over 30 days. Vu Dang is related to or competes with FIT INVEST, Damsan JSC, An Phat, Alphanam, APG Securities, Binhthuan Agriculture, and Mekong Fisheries. More
Vu Dang 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 Vu Dang'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 Vu Dang Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.33 | |||
| Information Ratio | 0.0585 | |||
| Maximum Drawdown | 12.79 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 5.5 |
Vu Dang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vu Dang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vu Dang's standard deviation. In reality, there are many statistical measures that can use Vu Dang historical prices to predict the future Vu Dang's volatility.| Risk Adjusted Performance | 0.0911 | |||
| Jensen Alpha | 0.2679 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0673 | |||
| Treynor Ratio | 2.23 |
Vu Dang Investment Backtested Returns
Vu Dang appears to be very steady, given 3 months investment horizon. Vu Dang Investment retains Efficiency (Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for Vu Dang, which you can use to evaluate the volatility of the company. Please review Vu Dang's Risk Adjusted Performance of 0.0911, downside deviation of 2.33, and Mean Deviation of 2.02 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vu Dang holds a performance score of 8. The entity owns a Beta (Systematic Risk) of 0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vu Dang's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vu Dang is expected to be smaller as well. Please check Vu Dang's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Vu Dang's current price history will revert.
Auto-correlation | -0.39 |
Poor reverse predictability
Vu Dang Investment has poor reverse predictability. Overlapping area represents the amount of predictability between Vu Dang time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Vu Dang Investment price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Vu Dang price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 19.6 K |
Vu Dang Investment lagged returns against current returns
Autocorrelation, which is Vu Dang 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 Vu Dang's stock expected returns. We can calculate the autocorrelation of Vu Dang returns to help us make a trade decision. For example, suppose you find that Vu Dang 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 |
Vu Dang 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 Vu Dang stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vu Dang stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vu Dang stock over time.
Current vs Lagged Prices |
| Timeline |
Vu Dang Lagged Returns
When evaluating Vu Dang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vu Dang stock have on its future price. Vu Dang 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, Vu Dang autocorrelation shows the relationship between Vu Dang stock current value and its past values and can show if there is a momentum factor associated with investing in Vu Dang Investment.
Regressed Prices |
| Timeline |
Pair Trading with Vu Dang
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 Vu Dang 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 Vu Dang will appreciate offsetting losses from the drop in the long position's value.Moving against SVD Stock
| 0.73 | AME | Alphanam ME | PairCorr |
| 0.62 | APG | APG Securities Joint | PairCorr |
| 0.48 | AAA | An Phat Plastic | PairCorr |
| 0.46 | ABS | Binhthuan Agriculture | PairCorr |
| 0.33 | ADS | Damsan JSC | PairCorr |
The ability to find closely correlated positions to Vu Dang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vu Dang 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 Vu Dang - 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 Vu Dang Investment to buy it.
The correlation of Vu Dang 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 Vu Dang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vu Dang Investment 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 Vu Dang 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 SVD Stock
Vu Dang financial ratios help investors to determine whether SVD 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 SVD with respect to the benefits of owning Vu Dang security.