Verallia (France) Market Value
| VRLA Stock | EUR 25.16 0.08 0.32% |
| Symbol | Verallia |
Verallia '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 Verallia'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 Verallia.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Verallia on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Verallia or generate 0.0% return on investment in Verallia over 30 days. Verallia is related to or competes with Gaztransport Technigaz, Imerys SA, Amundi SA, Rubis SCA, and Trigano SA. Verallia Socit Anonyme produces and sells glass packaging products for beverages and food industry worldwide More
Verallia 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 Verallia'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 Verallia upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 17.23 | |||
| Value At Risk | (3.67) | |||
| Potential Upside | 3.24 |
Verallia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Verallia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Verallia's standard deviation. In reality, there are many statistical measures that can use Verallia historical prices to predict the future Verallia's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0439 | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | 0.0782 |
Verallia Backtested Returns
Verallia owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0245, which indicates the firm had a -0.0245% return per unit of risk over the last 3 months. Verallia exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Verallia's Variance of 5.89, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,083) to confirm the risk estimate we provide. The entity has a beta of -0.89, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Verallia are expected to decrease slowly. On the other hand, during market turmoil, Verallia is expected to outperform it slightly. At this point, Verallia has a negative expected return of -0.0595%. Please make sure to validate Verallia's kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Verallia performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Verallia has modest predictability. Overlapping area represents the amount of predictability between Verallia time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Verallia price movement. The serial correlation of 0.51 indicates that about 51.0% of current Verallia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Verallia lagged returns against current returns
Autocorrelation, which is Verallia 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 Verallia's stock expected returns. We can calculate the autocorrelation of Verallia returns to help us make a trade decision. For example, suppose you find that Verallia 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 |
Verallia 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 Verallia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Verallia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Verallia stock over time.
Current vs Lagged Prices |
| Timeline |
Verallia Lagged Returns
When evaluating Verallia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Verallia stock have on its future price. Verallia 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, Verallia autocorrelation shows the relationship between Verallia stock current value and its past values and can show if there is a momentum factor associated with investing in Verallia.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Verallia Stock
Verallia financial ratios help investors to determine whether Verallia 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 Verallia with respect to the benefits of owning Verallia security.