VETIVA S's market value is the price at which a share of VETIVA S trades on a public exchange. It measures the collective expectations of VETIVA S P investors about its performance. VETIVA S is trading at 215.07 as of the 11th of December 2024, a 2.41 percent increase since the beginning of the trading day. The stock's lowest day price was 210.0. With this module, you can estimate the performance of a buy and hold strategy of VETIVA S P and determine expected loss or profit from investing in VETIVA S over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Symbol
VETIVA
VETIVA S '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 VETIVA S'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 VETIVA S.
0.00
11/11/2024
No Change 0.00
0.0
In 31 days
12/11/2024
0.00
If you would invest 0.00 in VETIVA S on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding VETIVA S P or generate 0.0% return on investment in VETIVA S over 30 days.
VETIVA S 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 VETIVA S'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 VETIVA S P upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for VETIVA S's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VETIVA S's standard deviation. In reality, there are many statistical measures that can use VETIVA S historical prices to predict the future VETIVA S's volatility.
VETIVA S is out of control given 3 months investment horizon. VETIVA S P owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 22.48% are justified by taking the suggested risk. Use VETIVA S P Semi Deviation of 19.91, risk adjusted performance of 0.1182, and Coefficient Of Variation of 667.24 to evaluate company specific risk that cannot be diversified away. VETIVA S holds a performance score of 12 on a scale of zero to a hundred. The entity has a beta of 28.33, 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, VETIVA S will likely underperform. Use VETIVA S P downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to analyze future returns on VETIVA S P.
Auto-correlation
-0.38
Poor reverse predictability
VETIVA S P has poor reverse predictability. Overlapping area represents the amount of predictability between VETIVA S time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 VETIVA S P price movement. The serial correlation of -0.38 indicates that just about 38.0% of current VETIVA S price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.38
Spearman Rank Test
0.46
Residual Average
0.0
Price Variance
8.66
VETIVA S P lagged returns against current returns
Autocorrelation, which is VETIVA S 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 VETIVA S's stock expected returns. We can calculate the autocorrelation of VETIVA S returns to help us make a trade decision. For example, suppose you find that VETIVA S 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
VETIVA S 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 VETIVA S stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VETIVA S stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VETIVA S stock over time.
Current vs Lagged Prices
Timeline
VETIVA S Lagged Returns
When evaluating VETIVA S's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VETIVA S stock have on its future price. VETIVA S 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, VETIVA S autocorrelation shows the relationship between VETIVA S stock current value and its past values and can show if there is a momentum factor associated with investing in VETIVA S P.
Regressed Prices
Timeline
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