Vetanova Stock Market Value
| VTNA Stock | USD 0.0001 0.00 0.00% |
| Symbol | Vetanova |
Vetanova '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 Vetanova'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 Vetanova.
| 11/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Vetanova on November 29, 2023 and sell it all today you would earn a total of 0.00 from holding Vetanova or generate 0.0% return on investment in Vetanova over 360 days. Vetanova is related to or competes with Ucommune International, Comstock Mining, and Ke Holdings. VetaNova, Inc., a development stage company, focuses on building and operating solar-powered, carbon-negative greenhouse... More
Vetanova 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 Vetanova'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 Vetanova upside and downside potential and time the market with a certain degree of confidence.
Vetanova Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vetanova's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vetanova's standard deviation. In reality, there are many statistical measures that can use Vetanova historical prices to predict the future Vetanova's volatility.Vetanova Backtested Returns
We have found three technical indicators for Vetanova, 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 Vetanova are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Vetanova has perfect predictability. Overlapping area represents the amount of predictability between Vetanova time series from 29th of November 2023 to 27th of May 2024 and 27th of May 2024 to 23rd 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 Vetanova price movement. The serial correlation of 1.0 indicates that 100.0% of current Vetanova price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vetanova lagged returns against current returns
Autocorrelation, which is Vetanova 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 Vetanova's pink sheet expected returns. We can calculate the autocorrelation of Vetanova returns to help us make a trade decision. For example, suppose you find that Vetanova 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 |
Vetanova 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 Vetanova pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vetanova pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vetanova pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Vetanova Lagged Returns
When evaluating Vetanova's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vetanova pink sheet have on its future price. Vetanova 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, Vetanova autocorrelation shows the relationship between Vetanova pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Vetanova.
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 Vetanova Pink Sheet
Vetanova financial ratios help investors to determine whether Vetanova 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 Vetanova with respect to the benefits of owning Vetanova security.