VL Enterprise (Thailand) Market Value
| VL Stock | 1.23 0.02 1.65% |
| Symbol | VL Enterprise |
VL Enterprise '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 VL Enterprise'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 VL Enterprise.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in VL Enterprise on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding VL Enterprise Public or generate 0.0% return on investment in VL Enterprise over 90 days. VL Enterprise is related to or competes with Precious Shipping, and Regional Container. More
VL Enterprise 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 VL Enterprise'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 VL Enterprise Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.0406 | |||
| Maximum Drawdown | 40.6 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 2.97 |
VL Enterprise Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VL Enterprise's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VL Enterprise's standard deviation. In reality, there are many statistical measures that can use VL Enterprise historical prices to predict the future VL Enterprise's volatility.| Risk Adjusted Performance | 0.0599 | |||
| Jensen Alpha | 0.3716 | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | 0.1029 | |||
| Treynor Ratio | (1.31) |
VL Enterprise Public Backtested Returns
VL Enterprise appears to be extremely dangerous, given 3 months investment horizon. VL Enterprise Public retains Efficiency (Sharpe Ratio) of 0.0741, which indicates the firm had a 0.0741% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for VL Enterprise, which you can use to evaluate the volatility of the company. Please review VL Enterprise's Downside Deviation of 2.05, mean deviation of 1.95, and Risk Adjusted Performance of 0.0599 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, VL Enterprise holds a performance score of 5. The entity owns a Beta (Systematic Risk) of -0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VL Enterprise are expected to decrease at a much lower rate. During the bear market, VL Enterprise is likely to outperform the market. Please check VL Enterprise's semi deviation, sortino ratio, semi variance, as well as the relationship between the standard deviation and value at risk , to make a quick decision on whether VL Enterprise's current price history will revert.
Auto-correlation | -0.61 |
Very good reverse predictability
VL Enterprise Public has very good reverse predictability. Overlapping area represents the amount of predictability between VL Enterprise time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 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 VL Enterprise Public price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current VL Enterprise price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
VL Enterprise Public lagged returns against current returns
Autocorrelation, which is VL Enterprise 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 VL Enterprise's stock expected returns. We can calculate the autocorrelation of VL Enterprise returns to help us make a trade decision. For example, suppose you find that VL Enterprise 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 |
VL Enterprise 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 VL Enterprise stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VL Enterprise stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VL Enterprise stock over time.
Current vs Lagged Prices |
| Timeline |
VL Enterprise Lagged Returns
When evaluating VL Enterprise's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VL Enterprise stock have on its future price. VL Enterprise 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, VL Enterprise autocorrelation shows the relationship between VL Enterprise stock current value and its past values and can show if there is a momentum factor associated with investing in VL Enterprise Public.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in VL Enterprise Stock
VL Enterprise financial ratios help investors to determine whether VL Enterprise 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 VL Enterprise with respect to the benefits of owning VL Enterprise security.