Vertoz Advertising (India) Market Value
| VERTOZ Stock | 14.88 0.25 1.65% |
| Symbol | Vertoz |
Vertoz Advertising '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 Vertoz Advertising'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 Vertoz Advertising.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Vertoz Advertising on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Vertoz Advertising Limited or generate 0.0% return on investment in Vertoz Advertising over 30 days. Vertoz Advertising is related to or competes with Melstar Information, Consolidated Construction, Biofil Chemicals, and Refex Industries. Vertoz Advertising is entity of India. It is traded as Stock on NSE exchange. More
Vertoz Advertising 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 Vertoz Advertising'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 Vertoz Advertising Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 11.98 | |||
| Value At Risk | (5.06) | |||
| Potential Upside | 4.99 |
Vertoz Advertising Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vertoz Advertising's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vertoz Advertising's standard deviation. In reality, there are many statistical measures that can use Vertoz Advertising historical prices to predict the future Vertoz Advertising's volatility.| Risk Adjusted Performance | (0.25) | |||
| Jensen Alpha | (1.23) | |||
| Total Risk Alpha | (1.83) | |||
| Treynor Ratio | (15.11) |
Vertoz Advertising Backtested Returns
Vertoz Advertising owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.32, which indicates the firm had a -0.32% return per unit of risk over the last 3 months. Vertoz Advertising Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vertoz Advertising's Coefficient Of Variation of (298.47), variance of 13.14, and Risk Adjusted Performance of (0.25) to confirm the risk estimate we provide. The entity has a beta of 0.081, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vertoz Advertising's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vertoz Advertising is expected to be smaller as well. At this point, Vertoz Advertising has a negative expected return of -1.17%. Please make sure to validate Vertoz Advertising's value at risk, rate of daily change, as well as the relationship between the Rate Of Daily Change and relative strength index , to decide if Vertoz Advertising performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.63 |
Good predictability
Vertoz Advertising Limited has good predictability. Overlapping area represents the amount of predictability between Vertoz Advertising time series from 1st of November 2024 to 16th of November 2024 and 16th of November 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 Vertoz Advertising price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Vertoz Advertising price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Vertoz Advertising lagged returns against current returns
Autocorrelation, which is Vertoz Advertising 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 Vertoz Advertising's stock expected returns. We can calculate the autocorrelation of Vertoz Advertising returns to help us make a trade decision. For example, suppose you find that Vertoz Advertising 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 |
Vertoz Advertising 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 Vertoz Advertising stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vertoz Advertising stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vertoz Advertising stock over time.
Current vs Lagged Prices |
| Timeline |
Vertoz Advertising Lagged Returns
When evaluating Vertoz Advertising's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vertoz Advertising stock have on its future price. Vertoz Advertising 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, Vertoz Advertising autocorrelation shows the relationship between Vertoz Advertising stock current value and its past values and can show if there is a momentum factor associated with investing in Vertoz Advertising Limited.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Vertoz Stock
Vertoz Advertising financial ratios help investors to determine whether Vertoz 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 Vertoz with respect to the benefits of owning Vertoz Advertising security.