Vulcan Materials (Brazil) Market Value
| V1MC34 Stock | BRL 25.54 1.39 5.16% |
| Symbol | Vulcan |
Vulcan Materials '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 Vulcan Materials' 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 Vulcan Materials.
| 01/21/2023 |
| 01/10/2025 |
If you would invest 0.00 in Vulcan Materials on January 21, 2023 and sell it all today you would earn a total of 0.00 from holding Vulcan Materials or generate 0.0% return on investment in Vulcan Materials over 720 days. Vulcan Materials is related to or competes with Alaska Air, Paycom Software, Trade Desk, United States, and . Vulcan Materials Company produces and supplies construction aggregate primarily in the United States More
Vulcan Materials 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 Vulcan Materials' 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 Vulcan Materials upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.47 | |||
| Information Ratio | 0.0697 | |||
| Maximum Drawdown | 14.63 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 7.2 |
Vulcan Materials Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vulcan Materials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vulcan Materials' standard deviation. In reality, there are many statistical measures that can use Vulcan Materials historical prices to predict the future Vulcan Materials' volatility.| Risk Adjusted Performance | 0.071 | |||
| Jensen Alpha | 0.1974 | |||
| Total Risk Alpha | 0.1392 | |||
| Sortino Ratio | 0.0512 | |||
| Treynor Ratio | (1.62) |
Vulcan Materials Backtested Returns
Vulcan Materials appears to be very steady, given 3 months investment horizon. Vulcan Materials owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0805, which indicates the firm had a 0.0805% return per unit of risk over the last 3 months. We have found thirty technical indicators for Vulcan Materials, which you can use to evaluate the volatility of the company. Please review Vulcan Materials' Risk Adjusted Performance of 0.071, semi deviation of 1.59, and Coefficient Of Variation of 1241.75 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vulcan Materials holds a performance score of 6. The entity has a beta of -0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vulcan Materials are expected to decrease at a much lower rate. During the bear market, Vulcan Materials is likely to outperform the market. Please check Vulcan Materials' jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Vulcan Materials' existing price patterns will revert.
Auto-correlation | 0.51 |
Modest predictability
Vulcan Materials has modest predictability. Overlapping area represents the amount of predictability between Vulcan Materials time series from 21st of January 2023 to 16th of January 2024 and 16th of January 2024 to 10th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Vulcan Materials price movement. The serial correlation of 0.51 indicates that about 51.0% of current Vulcan Materials price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 6.59 |
Vulcan Materials lagged returns against current returns
Autocorrelation, which is Vulcan Materials 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 Vulcan Materials' stock expected returns. We can calculate the autocorrelation of Vulcan Materials returns to help us make a trade decision. For example, suppose you find that Vulcan Materials 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 |
Vulcan Materials 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 Vulcan Materials stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vulcan Materials stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vulcan Materials stock over time.
Current vs Lagged Prices |
| Timeline |
Vulcan Materials Lagged Returns
When evaluating Vulcan Materials' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vulcan Materials stock have on its future price. Vulcan Materials 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, Vulcan Materials autocorrelation shows the relationship between Vulcan Materials stock current value and its past values and can show if there is a momentum factor associated with investing in Vulcan Materials.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Vulcan Stock
When determining whether Vulcan Materials offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vulcan Materials' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vulcan Materials Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vulcan Materials Stock:Check out Vulcan Materials Correlation, Vulcan Materials Volatility and Vulcan Materials Alpha and Beta module to complement your research on Vulcan Materials. For information on how to trade Vulcan Stock refer to our How to Trade Vulcan Stock guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Vulcan Materials technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.