Vistra Operations Co Market Value
| 92840VAB8 | 98.45 0.00 0.00% |
| Symbol | Vistra |
Vistra '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 Vistra's bond 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 Vistra.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Vistra on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Vistra Operations Co or generate 0.0% return on investment in Vistra over 60 days. Vistra is related to or competes with Sonida Senior, Sabre Corpo, Cumberland Pharmaceuticals, Alvotech, Artisan Partners, and US Global. More
Vistra 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 Vistra's bond 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 Vistra Operations Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 4.74 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.3718 |
Vistra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vistra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vistra's standard deviation. In reality, there are many statistical measures that can use Vistra historical prices to predict the future Vistra's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (1.00) |
Vistra Operations Backtested Returns
Vistra Operations owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0723, which indicates the bond had a -0.0723% return per unit of risk over the last 3 months. Vistra Operations Co exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vistra's Variance of 0.4329, risk adjusted performance of (0.02), and Coefficient Of Variation of (3,343) to confirm the risk estimate we provide. The entity has a beta of 0.0298, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vistra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vistra is expected to be smaller as well.
Auto-correlation | 0.53 |
Modest predictability
Vistra Operations Co has modest predictability. Overlapping area represents the amount of predictability between Vistra time series from 27th of September 2024 to 27th of October 2024 and 27th of October 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 Vistra Operations price movement. The serial correlation of 0.53 indicates that about 53.0% of current Vistra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.98 |
Vistra Operations lagged returns against current returns
Autocorrelation, which is Vistra bond'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 Vistra's bond expected returns. We can calculate the autocorrelation of Vistra returns to help us make a trade decision. For example, suppose you find that Vistra has exhibited high autocorrelation historically, and you observe that the bond 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 |
Vistra 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 Vistra bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vistra bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vistra bond over time.
Current vs Lagged Prices |
| Timeline |
Vistra Lagged Returns
When evaluating Vistra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vistra bond have on its future price. Vistra 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, Vistra autocorrelation shows the relationship between Vistra bond current value and its past values and can show if there is a momentum factor associated with investing in Vistra Operations Co.
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 Vistra Bond
Vistra financial ratios help investors to determine whether Vistra Bond 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 Vistra with respect to the benefits of owning Vistra security.