Van De (Belgium) Market Value
| VAN Stock | EUR 28.75 0.15 0.52% |
| Symbol | Van |
Van De '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 Van De'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 Van De.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Van De on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Van de Velde or generate 0.0% return on investment in Van De over 180 days. Van De is related to or competes with EVS Broadcast, NV Bekaert, Tessenderlo, Melexis NV, and GIMV NV. Van de Velde NV, together with its subsidiaries, designs, develops, manufactures, and markets fashionable luxury lingeri... More
Van De 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 Van De'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 Van de Velde upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 4.73 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 1.63 |
Van De Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Van De's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Van De's standard deviation. In reality, there are many statistical measures that can use Van De historical prices to predict the future Van De's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (2.38) |
Van de Velde Backtested Returns
Van de Velde owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of risk over the last 3 months. Van de Velde exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Van De's Variance of 1.19, risk adjusted performance of (0.13), and Coefficient Of Variation of (560.71) to confirm the risk estimate we provide. The entity has a beta of 0.086, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Van De's returns are expected to increase less than the market. However, during the bear market, the loss of holding Van De is expected to be smaller as well. At this point, Van de Velde has a negative expected return of -0.19%. Please make sure to validate Van De's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Van de Velde performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.34 |
Poor reverse predictability
Van de Velde has poor reverse predictability. Overlapping area represents the amount of predictability between Van De time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Van de Velde price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Van De price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
Van de Velde lagged returns against current returns
Autocorrelation, which is Van De 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 Van De's stock expected returns. We can calculate the autocorrelation of Van De returns to help us make a trade decision. For example, suppose you find that Van De 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 |
Van De 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 Van De stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Van De stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Van De stock over time.
Current vs Lagged Prices |
| Timeline |
Van De Lagged Returns
When evaluating Van De's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Van De stock have on its future price. Van De 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, Van De autocorrelation shows the relationship between Van De stock current value and its past values and can show if there is a momentum factor associated with investing in Van de Velde.
Regressed Prices |
| Timeline |
Pair Trading with Van De
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 Van De 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 Van De will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Van De could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Van De 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 Van De - 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 Van de Velde to buy it.
The correlation of Van De 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 Van De moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Van de Velde 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 Van De 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.Additional Tools for Van Stock Analysis
When running Van De's price analysis, check to measure Van De'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 Van De is operating at the current time. Most of Van De's value examination focuses on studying past and present price action to predict the probability of Van De's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Van De's price. Additionally, you may evaluate how the addition of Van De to your portfolios can decrease your overall portfolio volatility.