Venteny Fortuna (Indonesia) Market Value
| VTNY Stock | 187.00 2.00 1.08% |
| Symbol | Venteny |
Venteny Fortuna '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 Venteny Fortuna'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 Venteny Fortuna.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Venteny Fortuna on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Venteny Fortuna International or generate 0.0% return on investment in Venteny Fortuna over 30 days. Venteny Fortuna is related to or competes with Indo Acidatama, Wintermar Offshore, Metrodata Electronics, Humpuss Intermoda, Ace Hardware, and Inocycle Technology. More
Venteny Fortuna 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 Venteny Fortuna'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 Venteny Fortuna International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.42 | |||
| Information Ratio | 0.1578 | |||
| Maximum Drawdown | 14.27 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 4.49 |
Venteny Fortuna Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Venteny Fortuna's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Venteny Fortuna's standard deviation. In reality, there are many statistical measures that can use Venteny Fortuna historical prices to predict the future Venteny Fortuna's volatility.| Risk Adjusted Performance | 0.1606 | |||
| Jensen Alpha | 0.5405 | |||
| Total Risk Alpha | 0.1369 | |||
| Sortino Ratio | 0.1943 | |||
| Treynor Ratio | 1.51 |
Venteny Fortuna Inte Backtested Returns
Venteny Fortuna appears to be very steady, given 3 months investment horizon. Venteny Fortuna Inte owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. By inspecting Venteny Fortuna's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please review Venteny Fortuna's Risk Adjusted Performance of 0.1606, semi deviation of 1.86, and Coefficient Of Variation of 500.2 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Venteny Fortuna holds a performance score of 15. The entity has a beta of 0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Venteny Fortuna's returns are expected to increase less than the market. However, during the bear market, the loss of holding Venteny Fortuna is expected to be smaller as well. Please check Venteny Fortuna's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Venteny Fortuna's existing price patterns will revert.
Auto-correlation | -0.84 |
Excellent reverse predictability
Venteny Fortuna International has excellent reverse predictability. Overlapping area represents the amount of predictability between Venteny Fortuna time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Venteny Fortuna Inte price movement. The serial correlation of -0.84 indicates that around 84.0% of current Venteny Fortuna price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 74.02 |
Venteny Fortuna Inte lagged returns against current returns
Autocorrelation, which is Venteny Fortuna 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 Venteny Fortuna's stock expected returns. We can calculate the autocorrelation of Venteny Fortuna returns to help us make a trade decision. For example, suppose you find that Venteny Fortuna 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 |
Venteny Fortuna 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 Venteny Fortuna stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Venteny Fortuna stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Venteny Fortuna stock over time.
Current vs Lagged Prices |
| Timeline |
Venteny Fortuna Lagged Returns
When evaluating Venteny Fortuna's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Venteny Fortuna stock have on its future price. Venteny Fortuna 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, Venteny Fortuna autocorrelation shows the relationship between Venteny Fortuna stock current value and its past values and can show if there is a momentum factor associated with investing in Venteny Fortuna International.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Venteny Stock
Venteny Fortuna financial ratios help investors to determine whether Venteny 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 Venteny with respect to the benefits of owning Venteny Fortuna security.