VEON (Netherlands) Market Value
| VEON Stock | EUR 1.19 0.01 0.83% |
| Symbol | VEON |
VEON '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 VEON'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 VEON.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in VEON on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding VEON or generate 0.0% return on investment in VEON over 180 days. VEON is related to or competes with Van Lanschot, Amsterdam Commodities, ForFarmers, Wereldhave, and Brunel International. VEON Ltd., through its subsidiaries, provides mobile and fixed-line telecommunications services More
VEON 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 VEON'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 VEON upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.81 | |||
| Information Ratio | 0.0701 | |||
| Maximum Drawdown | 16.98 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 4.59 |
VEON Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VEON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VEON's standard deviation. In reality, there are many statistical measures that can use VEON historical prices to predict the future VEON's volatility.| Risk Adjusted Performance | 0.0963 | |||
| Jensen Alpha | 0.3582 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0676 | |||
| Treynor Ratio | (0.67) |
VEON Backtested Returns
VEON appears to be dangerous, given 3 months investment horizon. VEON owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for VEON, which you can use to evaluate the volatility of the company. Please review VEON's risk adjusted performance of 0.0963, and Coefficient Of Variation of 859.61 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, VEON holds a performance score of 10. The entity has a beta of -0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning VEON are expected to decrease at a much lower rate. During the bear market, VEON is likely to outperform the market. Please check VEON's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether VEON's existing price patterns will revert.
Auto-correlation | 0.16 |
Very weak predictability
VEON has very weak predictability. Overlapping area represents the amount of predictability between VEON time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 VEON price movement. The serial correlation of 0.16 indicates that over 16.0% of current VEON price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
VEON lagged returns against current returns
Autocorrelation, which is VEON 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 VEON's stock expected returns. We can calculate the autocorrelation of VEON returns to help us make a trade decision. For example, suppose you find that VEON 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 |
VEON 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 VEON stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VEON stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VEON stock over time.
Current vs Lagged Prices |
| Timeline |
VEON Lagged Returns
When evaluating VEON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VEON stock have on its future price. VEON 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, VEON autocorrelation shows the relationship between VEON stock current value and its past values and can show if there is a momentum factor associated with investing in VEON.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for VEON Stock Analysis
When running VEON's price analysis, check to measure VEON'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 VEON is operating at the current time. Most of VEON's value examination focuses on studying past and present price action to predict the probability of VEON's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VEON's price. Additionally, you may evaluate how the addition of VEON to your portfolios can decrease your overall portfolio volatility.