Van Phu (Vietnam) Market Value
| VPI Stock | 57,800 100.00 0.17% |
| Symbol | Van |
Please note, there is a significant difference between Van Phu's value and its price as these two are different measures arrived at by different means. Investors typically determine if Van Phu is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Van Phu's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Van Phu '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 Van Phu'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 Van Phu.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Van Phu on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Van Phu or generate 0.0% return on investment in Van Phu over 30 days. Van Phu is related to or competes with Hochiminh City, Bao Ngoc, Hai An, Din Capital, Fecon Mining, Construction, and Vietnam Petroleum. More
Van Phu 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 Van Phu'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 Van Phu upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8744 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.97 | |||
| Value At Risk | (1.21) | |||
| Potential Upside | 1.57 |
Van Phu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Van Phu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Van Phu's standard deviation. In reality, there are many statistical measures that can use Van Phu historical prices to predict the future Van Phu's volatility.| Risk Adjusted Performance | 0.0184 | |||
| Jensen Alpha | 0.01 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (1.89) |
Van Phu Backtested Returns
As of now, Van Stock is very steady. Van Phu owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0466, which indicates the firm had a 0.0466% return per unit of risk over the last 3 months. We have found thirty technical indicators for Van Phu , which you can use to evaluate the volatility of the company. Please validate Van Phu's Risk Adjusted Performance of 0.0184, semi deviation of 0.7273, and Coefficient Of Variation of 4414.27 to confirm if the risk estimate we provide is consistent with the expected return of 0.0397%. Van Phu has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.005, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Van Phu are expected to decrease at a much lower rate. During the bear market, Van Phu is likely to outperform the market. Van Phu right now has a risk of 0.85%. Please validate Van Phu maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if Van Phu will be following its existing price patterns.
Auto-correlation | 0.17 |
Very weak predictability
Van Phu has very weak predictability. Overlapping area represents the amount of predictability between Van Phu 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 Van Phu price movement. The serial correlation of 0.17 indicates that over 17.0% of current Van Phu price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 452.4 K |
Van Phu lagged returns against current returns
Autocorrelation, which is Van Phu 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 Van Phu's stock expected returns. We can calculate the autocorrelation of Van Phu returns to help us make a trade decision. For example, suppose you find that Van Phu 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 |
Van Phu 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 Van Phu stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Van Phu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Van Phu stock over time.
Current vs Lagged Prices |
| Timeline |
Van Phu Lagged Returns
When evaluating Van Phu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Van Phu stock have on its future price. Van Phu 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, Van Phu autocorrelation shows the relationship between Van Phu stock current value and its past values and can show if there is a momentum factor associated with investing in Van Phu .
Regressed Prices |
| Timeline |
Pair Trading with Van Phu
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Van Phu position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Van Phu will appreciate offsetting losses from the drop in the long position's value.Moving against Van Stock
| 0.5 | AME | Alphanam ME | PairCorr |
| 0.47 | AAA | An Phat Plastic | PairCorr |
| 0.46 | ADS | Damsan JSC | PairCorr |
| 0.38 | APG | APG Securities Joint | PairCorr |
| 0.37 | ABS | Binhthuan Agriculture | PairCorr |
The ability to find closely correlated positions to Van Phu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Van Phu when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Van Phu - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Van Phu to buy it.
The correlation of Van Phu is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Van Phu moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Van Phu moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Van Phu can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Van Stock
Van Phu financial ratios help investors to determine whether Van 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 Van with respect to the benefits of owning Van Phu security.