Veritec Stock Market Value
| VRTC Stock | USD 0.0001 0.00 0.00% |
| Symbol | Veritec |
Veritec '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 Veritec'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 Veritec.
| 01/04/2024 |
| 12/24/2025 |
If you would invest 0.00 in Veritec on January 4, 2024 and sell it all today you would earn a total of 0.00 from holding Veritec or generate 0.0% return on investment in Veritec over 720 days. Veritec is related to or competes with Eddy Smart. Veritec, Inc., together with its subsidiaries, develops, sells, and licenses products and services to its mobile banking... More
Veritec 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 Veritec'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 Veritec upside and downside potential and time the market with a certain degree of confidence.
Veritec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Veritec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Veritec's standard deviation. In reality, there are many statistical measures that can use Veritec historical prices to predict the future Veritec's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Veritec's 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.
Veritec Backtested Returns
We have found three technical indicators for Veritec, 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 Veritec are completely uncorrelated.
Auto-correlation | -0.04 |
Very weak reverse predictability
Veritec has very weak reverse predictability. Overlapping area represents the amount of predictability between Veritec time series from 4th of January 2024 to 29th of December 2024 and 29th of December 2024 to 24th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Veritec price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Veritec price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Veritec lagged returns against current returns
Autocorrelation, which is Veritec 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 Veritec's pink sheet expected returns. We can calculate the autocorrelation of Veritec returns to help us make a trade decision. For example, suppose you find that Veritec 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 |
Veritec 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 Veritec pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Veritec pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Veritec pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Veritec Lagged Returns
When evaluating Veritec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Veritec pink sheet have on its future price. Veritec 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, Veritec autocorrelation shows the relationship between Veritec pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Veritec.
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 Veritec Pink Sheet
Veritec financial ratios help investors to determine whether Veritec Pink Sheet 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 Veritec with respect to the benefits of owning Veritec security.