VITA 34 (Germany) Market Value
| V3V Stock | 4.12 0.12 2.83% |
| Symbol | VITA |
VITA 34 '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 VITA 34'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 VITA 34.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in VITA 34 on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding VITA 34 AG or generate 0.0% return on investment in VITA 34 over 90 days. VITA 34 is related to or competes with International Consolidated, AEGEAN AIRLINES, Aegean Airlines, MagnaChip Semiconductor, ON SEMICONDUCTOR, TYSON FOODS, and Lifeway Foods. More
VITA 34 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 VITA 34'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 VITA 34 AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 8.68 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 2.24 |
VITA 34 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VITA 34's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VITA 34's standard deviation. In reality, there are many statistical measures that can use VITA 34 historical prices to predict the future VITA 34's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.66) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of VITA 34's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
VITA 34 AG Backtested Returns
VITA 34 AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. VITA 34 AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VITA 34's Variance of 3.08, risk adjusted performance of (0.07), and Coefficient Of Variation of (986.99) to confirm the risk estimate we provide. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VITA 34's returns are expected to increase less than the market. However, during the bear market, the loss of holding VITA 34 is expected to be smaller as well. At this point, VITA 34 AG has a negative expected return of -0.2%. Please make sure to validate VITA 34's accumulation distribution, as well as the relationship between the day typical price and relative strength index , to decide if VITA 34 AG performance from the past will be repeated at some future point.
Auto-correlation | 0.47 |
Average predictability
VITA 34 AG has average predictability. Overlapping area represents the amount of predictability between VITA 34 time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 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 VITA 34 AG price movement. The serial correlation of 0.47 indicates that about 47.0% of current VITA 34 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
VITA 34 AG lagged returns against current returns
Autocorrelation, which is VITA 34 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 VITA 34's stock expected returns. We can calculate the autocorrelation of VITA 34 returns to help us make a trade decision. For example, suppose you find that VITA 34 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 |
VITA 34 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 VITA 34 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VITA 34 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VITA 34 stock over time.
Current vs Lagged Prices |
| Timeline |
VITA 34 Lagged Returns
When evaluating VITA 34's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VITA 34 stock have on its future price. VITA 34 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, VITA 34 autocorrelation shows the relationship between VITA 34 stock current value and its past values and can show if there is a momentum factor associated with investing in VITA 34 AG.
Regressed Prices |
| Timeline |
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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.Additional Tools for VITA Stock Analysis
When running VITA 34's price analysis, check to measure VITA 34's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VITA 34 is operating at the current time. Most of VITA 34's value examination focuses on studying past and present price action to predict the probability of VITA 34's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VITA 34's price. Additionally, you may evaluate how the addition of VITA 34 to your portfolios can decrease your overall portfolio volatility.