Voice Mobility International Stock Market Value
VMY-H Stock | CAD 0.01 0.00 0.00% |
Symbol | Voice |
Voice Mobility '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 Voice Mobility'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 Voice Mobility.
10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Voice Mobility on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Voice Mobility International or generate 0.0% return on investment in Voice Mobility over 30 days. Voice Mobility is related to or competes with Precious Metals, Endeavour Silver, Bird Construction, Information Services, and Medical Facilities. Voice Mobility International, Inc. sells and markets messaging software systems in North America. More
Voice Mobility 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 Voice Mobility'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 Voice Mobility International upside and downside potential and time the market with a certain degree of confidence.
Voice Mobility Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voice Mobility's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voice Mobility's standard deviation. In reality, there are many statistical measures that can use Voice Mobility historical prices to predict the future Voice Mobility's volatility.Voice Mobility Inter Backtested Returns
We have found three technical indicators for Voice Mobility International, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Voice Mobility are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Voice Mobility International has perfect predictability. Overlapping area represents the amount of predictability between Voice Mobility time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Voice Mobility Inter price movement. The serial correlation of 1.0 indicates that 100.0% of current Voice Mobility price fluctuation can be explain by its past prices.
Correlation Coefficient | 1.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Voice Mobility Inter lagged returns against current returns
Autocorrelation, which is Voice Mobility 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 Voice Mobility's stock expected returns. We can calculate the autocorrelation of Voice Mobility returns to help us make a trade decision. For example, suppose you find that Voice Mobility 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 |
Voice Mobility 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 Voice Mobility stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voice Mobility stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Voice Mobility stock over time.
Current vs Lagged Prices |
Timeline |
Voice Mobility Lagged Returns
When evaluating Voice Mobility's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voice Mobility stock have on its future price. Voice Mobility 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, Voice Mobility autocorrelation shows the relationship between Voice Mobility stock current value and its past values and can show if there is a momentum factor associated with investing in Voice Mobility International.
Regressed Prices |
Timeline |
Thematic Opportunities
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Additional Tools for Voice Stock Analysis
When running Voice Mobility's price analysis, check to measure Voice Mobility'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 Voice Mobility is operating at the current time. Most of Voice Mobility's value examination focuses on studying past and present price action to predict the probability of Voice Mobility's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Voice Mobility's price. Additionally, you may evaluate how the addition of Voice Mobility to your portfolios can decrease your overall portfolio volatility.