Vitarich Corp (Philippines) Market Value
| VITA Stock | 0.61 0.01 1.67% |
| Symbol | Vitarich |
Vitarich Corp '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 Vitarich Corp'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 Vitarich Corp.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Vitarich Corp on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Vitarich Corp or generate 0.0% return on investment in Vitarich Corp over 270 days. Vitarich Corp is related to or competes with Figaro Coffee, Globe Telecom, Philex Mining, Converge Information, Asia United, and Crown Asia. More
Vitarich Corp 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 Vitarich Corp'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 Vitarich Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 15.15 | |||
| Value At Risk | (5.63) | |||
| Potential Upside | 5.97 |
Vitarich Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vitarich Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vitarich Corp's standard deviation. In reality, there are many statistical measures that can use Vitarich Corp historical prices to predict the future Vitarich Corp's volatility.| Risk Adjusted Performance | 0.0053 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 0.3142 |
Vitarich Corp Backtested Returns
Vitarich Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0523, which indicates the firm had a -0.0523% return per unit of risk over the last 3 months. Vitarich Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vitarich Corp's Coefficient Of Variation of (29,691), risk adjusted performance of 0.0053, and Variance of 12.62 to confirm the risk estimate we provide. The entity has a beta of -0.0699, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Vitarich Corp are expected to decrease at a much lower rate. During the bear market, Vitarich Corp is likely to outperform the market. At this point, Vitarich Corp has a negative expected return of -0.18%. Please make sure to validate Vitarich Corp's potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if Vitarich Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.36 |
Poor reverse predictability
Vitarich Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Vitarich Corp time series from 29th of February 2024 to 13th of July 2024 and 13th of July 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 Vitarich Corp price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Vitarich Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Vitarich Corp lagged returns against current returns
Autocorrelation, which is Vitarich Corp 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 Vitarich Corp's stock expected returns. We can calculate the autocorrelation of Vitarich Corp returns to help us make a trade decision. For example, suppose you find that Vitarich Corp 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 |
Vitarich Corp 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 Vitarich Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vitarich Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vitarich Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Vitarich Corp Lagged Returns
When evaluating Vitarich Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vitarich Corp stock have on its future price. Vitarich Corp 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, Vitarich Corp autocorrelation shows the relationship between Vitarich Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Vitarich Corp.
Regressed Prices |
| Timeline |
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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.Additional Tools for Vitarich Stock Analysis
When running Vitarich Corp's price analysis, check to measure Vitarich Corp'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 Vitarich Corp is operating at the current time. Most of Vitarich Corp's value examination focuses on studying past and present price action to predict the probability of Vitarich Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vitarich Corp's price. Additionally, you may evaluate how the addition of Vitarich Corp to your portfolios can decrease your overall portfolio volatility.