VMWARE INC Market Value
| 928563AF2 | 93.29 4.68 4.78% |
| Symbol | VMWARE |
VMWARE '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 VMWARE'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 VMWARE.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in VMWARE on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding VMWARE INC or generate 0.0% return on investment in VMWARE over 270 days. VMWARE is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. More
VMWARE 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 VMWARE'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 VMWARE INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 12.83 | |||
| Value At Risk | (3.46) | |||
| Potential Upside | 1.62 |
VMWARE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VMWARE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VMWARE's standard deviation. In reality, there are many statistical measures that can use VMWARE historical prices to predict the future VMWARE's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 2.07 |
VMWARE INC Backtested Returns
VMWARE INC owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the bond had a -0.14% return per unit of risk over the last 3 months. VMWARE INC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VMWARE's Variance of 2.77, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,621) to confirm the risk estimate we provide. The entity has a beta of -0.0544, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VMWARE are expected to decrease at a much lower rate. During the bear market, VMWARE is likely to outperform the market.
Auto-correlation | -0.7 |
Very good reverse predictability
VMWARE INC has very good reverse predictability. Overlapping area represents the amount of predictability between VMWARE time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 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 VMWARE INC price movement. The serial correlation of -0.7 indicates that around 70.0% of current VMWARE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 1.84 |
VMWARE INC lagged returns against current returns
Autocorrelation, which is VMWARE 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 VMWARE's bond expected returns. We can calculate the autocorrelation of VMWARE returns to help us make a trade decision. For example, suppose you find that VMWARE 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 |
VMWARE 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 VMWARE bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VMWARE bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VMWARE bond over time.
Current vs Lagged Prices |
| Timeline |
VMWARE Lagged Returns
When evaluating VMWARE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VMWARE bond have on its future price. VMWARE 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, VMWARE autocorrelation shows the relationship between VMWARE bond current value and its past values and can show if there is a momentum factor associated with investing in VMWARE INC.
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 VMWARE Bond
VMWARE financial ratios help investors to determine whether VMWARE 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 VMWARE with respect to the benefits of owning VMWARE security.