Valeura Energy's market value is the price at which a share of Valeura Energy trades on a public exchange. It measures the collective expectations of Valeura Energy investors about its performance. Valeura Energy is trading at 3.69 as of the 27th of November 2024. This is a 2.38% down since the beginning of the trading day. The stock's lowest day price was 3.69. With this module, you can estimate the performance of a buy and hold strategy of Valeura Energy and determine expected loss or profit from investing in Valeura Energy over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Symbol
Valeura
Valeura Energy '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 Valeura Energy's pink sheet 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 Valeura Energy.
0.00
10/28/2024
No Change 0.00
0.0
In 31 days
11/27/2024
0.00
If you would invest 0.00 in Valeura Energy on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Valeura Energy or generate 0.0% return on investment in Valeura Energy over 30 days.
Valeura Energy 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 Valeura Energy's pink sheet 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 Valeura Energy upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Valeura Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Valeura Energy's standard deviation. In reality, there are many statistical measures that can use Valeura Energy historical prices to predict the future Valeura Energy's volatility.
Valeura Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0025, which indicates the firm had a -0.0025% return per unit of risk over the last 3 months. Valeura Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Valeura Energy's Coefficient Of Variation of (20,684), variance of 14.4, and Risk Adjusted Performance of 0.0043 to confirm the risk estimate we provide. The entity has a beta of 0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Valeura Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Valeura Energy is expected to be smaller as well. At this point, Valeura Energy has a negative expected return of -0.0094%. Please make sure to validate Valeura Energy's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Valeura Energy performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.49
Modest reverse predictability
Valeura Energy has modest reverse predictability. Overlapping area represents the amount of predictability between Valeura Energy time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Valeura Energy price movement. The serial correlation of -0.49 indicates that about 49.0% of current Valeura Energy price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.49
Spearman Rank Test
-0.27
Residual Average
0.0
Price Variance
0.01
Valeura Energy lagged returns against current returns
Autocorrelation, which is Valeura Energy pink sheet'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 Valeura Energy's pink sheet expected returns. We can calculate the autocorrelation of Valeura Energy returns to help us make a trade decision. For example, suppose you find that Valeura Energy has exhibited high autocorrelation historically, and you observe that the pink sheet 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
Valeura Energy 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 Valeura Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Valeura Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Valeura Energy pink sheet over time.
Current vs Lagged Prices
Timeline
Valeura Energy Lagged Returns
When evaluating Valeura Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Valeura Energy pink sheet have on its future price. Valeura Energy 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, Valeura Energy autocorrelation shows the relationship between Valeura Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Valeura Energy.