Velocity Minerals Stock Market Value
| VLC Stock | CAD 0.17 0.00 0.00% |
| Symbol | Velocity |
Velocity Minerals '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 Velocity Minerals' 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 Velocity Minerals.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Velocity Minerals on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Velocity Minerals or generate 0.0% return on investment in Velocity Minerals over 180 days. Velocity Minerals is related to or competes with Advent Wireless, Slate Grocery, Exco Technologies, CVW CleanTech, Data Communications, Northstar Clean, and Brookfield Asset. Velocity Minerals Ltd. engages in the acquisition, exploration, and evaluation of mineral properties in Bulgaria More
Velocity Minerals 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 Velocity Minerals' 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 Velocity Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.18 | |||
| Information Ratio | 0.0866 | |||
| Maximum Drawdown | 27.65 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 7.14 |
Velocity Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Velocity Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Velocity Minerals' standard deviation. In reality, there are many statistical measures that can use Velocity Minerals historical prices to predict the future Velocity Minerals' volatility.| Risk Adjusted Performance | 0.0971 | |||
| Jensen Alpha | 0.5175 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0452 | |||
| Treynor Ratio | (1.73) |
Velocity Minerals Backtested Returns
Velocity Minerals appears to be out of control, given 3 months investment horizon. Velocity Minerals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0943, which indicates the firm had a 0.0943% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Velocity Minerals, which you can use to evaluate the volatility of the company. Please review Velocity Minerals' Semi Deviation of 2.61, coefficient of variation of 862.44, and Risk Adjusted Performance of 0.0971 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Velocity Minerals holds a performance score of 7. The entity has a beta of -0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Velocity Minerals are expected to decrease at a much lower rate. During the bear market, Velocity Minerals is likely to outperform the market. Please check Velocity Minerals' treynor ratio, as well as the relationship between the downside variance and kurtosis , to make a quick decision on whether Velocity Minerals' existing price patterns will revert.
Auto-correlation | 0.39 |
Below average predictability
Velocity Minerals has below average predictability. Overlapping area represents the amount of predictability between Velocity Minerals 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 Velocity Minerals price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Velocity Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Velocity Minerals lagged returns against current returns
Autocorrelation, which is Velocity Minerals 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 Velocity Minerals' stock expected returns. We can calculate the autocorrelation of Velocity Minerals returns to help us make a trade decision. For example, suppose you find that Velocity Minerals 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 |
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Velocity Minerals 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 Velocity Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Velocity Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Velocity Minerals stock over time.
Current vs Lagged Prices |
| Timeline |
Velocity Minerals Lagged Returns
When evaluating Velocity Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Velocity Minerals stock have on its future price. Velocity Minerals 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, Velocity Minerals autocorrelation shows the relationship between Velocity Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Velocity Minerals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Velocity Stock Analysis
When running Velocity Minerals' price analysis, check to measure Velocity Minerals' 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 Velocity Minerals is operating at the current time. Most of Velocity Minerals' value examination focuses on studying past and present price action to predict the probability of Velocity Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Velocity Minerals' price. Additionally, you may evaluate how the addition of Velocity Minerals to your portfolios can decrease your overall portfolio volatility.