Vogiatzoglou Systems (Greece) Market Value
| VOSYS Stock | EUR 2.10 0.02 0.96% |
| Symbol | Vogiatzoglou |
Vogiatzoglou Systems '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 Vogiatzoglou Systems' 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 Vogiatzoglou Systems.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Vogiatzoglou Systems on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Vogiatzoglou Systems SA or generate 0.0% return on investment in Vogiatzoglou Systems over 30 days. Vogiatzoglou Systems is related to or competes with National Bank, EL D, Lampsa Hellenic, N Leventeris, Eurobank Ergasias, and Alpha Trust. Vogiatzoglou Systems S.A. provides integrated solutions for store and warehouse furnishing in Greece More
Vogiatzoglou Systems 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 Vogiatzoglou Systems' 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 Vogiatzoglou Systems SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 10.63 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 2.94 |
Vogiatzoglou Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vogiatzoglou Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vogiatzoglou Systems' standard deviation. In reality, there are many statistical measures that can use Vogiatzoglou Systems historical prices to predict the future Vogiatzoglou Systems' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (21.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vogiatzoglou Systems' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Vogiatzoglou Systems Backtested Returns
Vogiatzoglou Systems owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1% return per unit of risk over the last 3 months. Vogiatzoglou Systems SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vogiatzoglou Systems' Variance of 3.6, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,299) to confirm the risk estimate we provide. The entity has a beta of 0.0074, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vogiatzoglou Systems' returns are expected to increase less than the market. However, during the bear market, the loss of holding Vogiatzoglou Systems is expected to be smaller as well. At this point, Vogiatzoglou Systems has a negative expected return of -0.19%. Please make sure to validate Vogiatzoglou Systems' standard deviation, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Vogiatzoglou Systems performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Vogiatzoglou Systems SA has poor predictability. Overlapping area represents the amount of predictability between Vogiatzoglou Systems time series from 29th of October 2024 to 13th of November 2024 and 13th of November 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 Vogiatzoglou Systems price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Vogiatzoglou Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vogiatzoglou Systems lagged returns against current returns
Autocorrelation, which is Vogiatzoglou Systems 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 Vogiatzoglou Systems' stock expected returns. We can calculate the autocorrelation of Vogiatzoglou Systems returns to help us make a trade decision. For example, suppose you find that Vogiatzoglou Systems 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 |
Vogiatzoglou Systems 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 Vogiatzoglou Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vogiatzoglou Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vogiatzoglou Systems stock over time.
Current vs Lagged Prices |
| Timeline |
Vogiatzoglou Systems Lagged Returns
When evaluating Vogiatzoglou Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vogiatzoglou Systems stock have on its future price. Vogiatzoglou Systems 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, Vogiatzoglou Systems autocorrelation shows the relationship between Vogiatzoglou Systems stock current value and its past values and can show if there is a momentum factor associated with investing in Vogiatzoglou Systems SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Vogiatzoglou Stock
Vogiatzoglou Systems financial ratios help investors to determine whether Vogiatzoglou 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 Vogiatzoglou with respect to the benefits of owning Vogiatzoglou Systems security.