Versus Systems Stock Market Value
| VS Stock | USD 1.59 0.10 6.71% |
| Symbol | Versus |
Versus Systems Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Versus Systems. If investors know Versus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Versus Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.67) | Revenue Per Share 0.059 | Quarterly Revenue Growth (0.52) | Return On Assets (0.66) | Return On Equity (2.20) |
The market value of Versus Systems is measured differently than its book value, which is the value of Versus that is recorded on the company's balance sheet. Investors also form their own opinion of Versus Systems' value that differs from its market value or its book value, called intrinsic value, which is Versus Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Versus Systems' market value can be influenced by many factors that don't directly affect Versus Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Versus Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Versus Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Versus Systems' 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.
Versus 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 Versus 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 Versus Systems.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Versus Systems on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Versus Systems or generate 0.0% return on investment in Versus Systems over 30 days. Versus Systems is related to or competes with Alkami Technology, Paycor HCM, Procore Technologies, and Enfusion. Versus Systems Inc. develops and operates a business-to-business software platform in the United States and Canada More
Versus 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 Versus 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 Versus Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.09 | |||
| Information Ratio | 0.0742 | |||
| Maximum Drawdown | 266.77 | |||
| Value At Risk | (8.50) | |||
| Potential Upside | 9.77 |
Versus Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Versus Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Versus Systems' standard deviation. In reality, there are many statistical measures that can use Versus Systems historical prices to predict the future Versus Systems' volatility.| Risk Adjusted Performance | 0.0691 | |||
| Jensen Alpha | 1.82 | |||
| Total Risk Alpha | (1.63) | |||
| Sortino Ratio | 0.3229 | |||
| Treynor Ratio | 0.4168 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Versus 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.
Versus Systems Backtested Returns
Versus Systems is out of control given 3 months investment horizon. Versus Systems owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0753, which indicates the firm had a 0.0753% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.36% are justified by taking the suggested risk. Use Versus Systems Coefficient Of Variation of 1286.16, semi deviation of 5.67, and Risk Adjusted Performance of 0.0691 to evaluate company specific risk that cannot be diversified away. Versus Systems holds a performance score of 5 on a scale of zero to a hundred. The entity has a beta of 5.73, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Versus Systems will likely underperform. Use Versus Systems sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to analyze future returns on Versus Systems.
Auto-correlation | 0.91 |
Excellent predictability
Versus Systems has excellent predictability. Overlapping area represents the amount of predictability between Versus Systems time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Versus Systems price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Versus Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Versus Systems lagged returns against current returns
Autocorrelation, which is Versus 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 Versus Systems' stock expected returns. We can calculate the autocorrelation of Versus Systems returns to help us make a trade decision. For example, suppose you find that Versus 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 |
Versus 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 Versus Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Versus Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Versus Systems stock over time.
Current vs Lagged Prices |
| Timeline |
Versus Systems Lagged Returns
When evaluating Versus Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Versus Systems stock have on its future price. Versus 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, Versus Systems autocorrelation shows the relationship between Versus Systems stock current value and its past values and can show if there is a momentum factor associated with investing in Versus Systems.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Versus Stock Analysis
When running Versus Systems' price analysis, check to measure Versus Systems' 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 Versus Systems is operating at the current time. Most of Versus Systems' value examination focuses on studying past and present price action to predict the probability of Versus Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Versus Systems' price. Additionally, you may evaluate how the addition of Versus Systems to your portfolios can decrease your overall portfolio volatility.