Viet Capital (Vietnam) Market Value
| VCI Stock | 35,350 450.00 1.29% |
| Symbol | Viet |
Please note, there is a significant difference between Viet Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viet Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viet Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Viet Capital '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 Viet Capital'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 Viet Capital.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in Viet Capital on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding Viet Capital Securities or generate 0.0% return on investment in Viet Capital over 30 days. Viet Capital is related to or competes with Da Nang, Petrolimex Petrochemical, Construction JSC, and Vietnam Technological. More
Viet Capital 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 Viet Capital'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 Viet Capital Securities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | 0.0268 | |||
| Maximum Drawdown | 9.3 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 2.06 |
Viet Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Viet Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Viet Capital's standard deviation. In reality, there are many statistical measures that can use Viet Capital historical prices to predict the future Viet Capital's volatility.| Risk Adjusted Performance | 0.0295 | |||
| Jensen Alpha | 0.0434 | |||
| Total Risk Alpha | 0.041 | |||
| Sortino Ratio | 0.032 | |||
| Treynor Ratio | 0.3187 |
Viet Capital Securities Backtested Returns
As of now, Viet Stock is very steady. Viet Capital Securities owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0927, which indicates the firm had a 0.0927 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Viet Capital Securities, which you can use to evaluate the volatility of the company. Please validate Viet Capital's Risk Adjusted Performance of 0.0295, coefficient of variation of 2957.02, and Semi Deviation of 1.24 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. Viet Capital has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Viet Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Viet Capital is expected to be smaller as well. Viet Capital Securities right now has a risk of 1.48%. Please validate Viet Capital total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to decide if Viet Capital will be following its existing price patterns.
Auto-correlation | 0.36 |
Below average predictability
Viet Capital Securities has below average predictability. Overlapping area represents the amount of predictability between Viet Capital time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 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 Viet Capital Securities price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Viet Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 10.6 K |
Viet Capital Securities lagged returns against current returns
Autocorrelation, which is Viet Capital 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 Viet Capital's stock expected returns. We can calculate the autocorrelation of Viet Capital returns to help us make a trade decision. For example, suppose you find that Viet Capital 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 |
Viet Capital 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 Viet Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Viet Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Viet Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Viet Capital Lagged Returns
When evaluating Viet Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Viet Capital stock have on its future price. Viet Capital 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, Viet Capital autocorrelation shows the relationship between Viet Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Viet Capital Securities.
Regressed Prices |
| Timeline |
Pair Trading with Viet Capital
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 Viet Capital 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 Viet Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Viet Stock
The ability to find closely correlated positions to Viet Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viet Capital 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 Viet Capital - 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 Viet Capital Securities to buy it.
The correlation of Viet Capital 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 Viet Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viet Capital Securities 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 Viet Capital 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.Other Information on Investing in Viet Stock
Viet Capital financial ratios help investors to determine whether Viet Stock 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 Viet with respect to the benefits of owning Viet Capital security.