Vee SA (Poland) Market Value
| VEE Stock | 14.88 0.38 2.62% |
| Symbol | Vee |
Vee SA '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 Vee SA'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 Vee SA.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Vee SA on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Vee SA or generate 0.0% return on investment in Vee SA over 30 days. Vee SA is related to or competes with Clean Carbon, ADX, and Agroliga Group. More
Vee SA 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 Vee SA'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 Vee SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 15.15 | |||
| Value At Risk | (5.51) | |||
| Potential Upside | 6.05 |
Vee SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vee SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vee SA's standard deviation. In reality, there are many statistical measures that can use Vee SA historical prices to predict the future Vee SA's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (0.46) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vee SA'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.
Vee SA Backtested Returns
Vee SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Vee SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vee SA's Variance of 10.26, coefficient of variation of (934.75), and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of 0.76, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vee SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vee SA is expected to be smaller as well. At this point, Vee SA has a negative expected return of -0.44%. Please make sure to validate Vee SA's kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Vee SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.88 |
Excellent reverse predictability
Vee SA has excellent reverse predictability. Overlapping area represents the amount of predictability between Vee SA time series from 26th of October 2024 to 10th of November 2024 and 10th of November 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 Vee SA price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current Vee SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.49 |
Vee SA lagged returns against current returns
Autocorrelation, which is Vee SA 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 Vee SA's stock expected returns. We can calculate the autocorrelation of Vee SA returns to help us make a trade decision. For example, suppose you find that Vee SA 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 |
Vee SA 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 Vee SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vee SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vee SA stock over time.
Current vs Lagged Prices |
| Timeline |
Vee SA Lagged Returns
When evaluating Vee SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vee SA stock have on its future price. Vee SA 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, Vee SA autocorrelation shows the relationship between Vee SA stock current value and its past values and can show if there is a momentum factor associated with investing in Vee SA.
Regressed Prices |
| Timeline |
Pair Trading with Vee SA
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 Vee SA 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 Vee SA will appreciate offsetting losses from the drop in the long position's value.Moving together with Vee Stock
Moving against Vee Stock
The ability to find closely correlated positions to Vee SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vee SA 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 Vee SA - 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 Vee SA to buy it.
The correlation of Vee SA 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 Vee SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vee SA 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 Vee SA 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 Vee Stock Analysis
When running Vee SA's price analysis, check to measure Vee SA'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 Vee SA is operating at the current time. Most of Vee SA's value examination focuses on studying past and present price action to predict the probability of Vee SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vee SA's price. Additionally, you may evaluate how the addition of Vee SA to your portfolios can decrease your overall portfolio volatility.