Vendetta Mining Corp Stock Market Value
| VTT Stock | CAD 0.01 0.01 33.33% |
| Symbol | Vendetta |
Vendetta Mining Corp Price To Book Ratio
Vendetta Mining '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 Vendetta Mining'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 Vendetta Mining.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Vendetta Mining on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Vendetta Mining Corp or generate 0.0% return on investment in Vendetta Mining over 30 days. Vendetta Mining is related to or competes with Adamera Minerals, Highway 50, and GMV Minerals. Vendetta Mining Corp., a junior exploration company, acquires, explores for, and develops mineral properties in Australi... More
Vendetta Mining 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 Vendetta Mining'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 Vendetta Mining Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.047 | |||
| Maximum Drawdown | 75.0 |
Vendetta Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vendetta Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vendetta Mining's standard deviation. In reality, there are many statistical measures that can use Vendetta Mining historical prices to predict the future Vendetta Mining's volatility.| Risk Adjusted Performance | 0.0449 | |||
| Jensen Alpha | 0.5032 | |||
| Total Risk Alpha | 0.4248 | |||
| Treynor Ratio | (0.30) |
Vendetta Mining Corp Backtested Returns
Vendetta Mining appears to be out of control, given 3 months investment horizon. Vendetta Mining Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0508, which indicates the firm had a 0.0508 % return per unit of risk over the last 3 months. By inspecting Vendetta Mining's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please review Vendetta Mining's Risk Adjusted Performance of 0.0449, coefficient of variation of 2064.48, and Variance of 108.72 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vendetta Mining holds a performance score of 4. The entity has a beta of -1.65, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Vendetta Mining are expected to decrease by larger amounts. On the other hand, during market turmoil, Vendetta Mining is expected to outperform it. Please check Vendetta Mining's jensen alpha, rate of daily change, as well as the relationship between the Rate Of Daily Change and relative strength index , to make a quick decision on whether Vendetta Mining's existing price patterns will revert.
Auto-correlation | 0.31 |
Below average predictability
Vendetta Mining Corp has below average predictability. Overlapping area represents the amount of predictability between Vendetta Mining time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Vendetta Mining Corp price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Vendetta Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vendetta Mining Corp lagged returns against current returns
Autocorrelation, which is Vendetta Mining 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 Vendetta Mining's stock expected returns. We can calculate the autocorrelation of Vendetta Mining returns to help us make a trade decision. For example, suppose you find that Vendetta Mining 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 |
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Vendetta Mining 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 Vendetta Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vendetta Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vendetta Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Vendetta Mining Lagged Returns
When evaluating Vendetta Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vendetta Mining stock have on its future price. Vendetta Mining 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, Vendetta Mining autocorrelation shows the relationship between Vendetta Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Vendetta Mining Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Vendetta Stock Analysis
When running Vendetta Mining's price analysis, check to measure Vendetta Mining's 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 Vendetta Mining is operating at the current time. Most of Vendetta Mining's value examination focuses on studying past and present price action to predict the probability of Vendetta Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vendetta Mining's price. Additionally, you may evaluate how the addition of Vendetta Mining to your portfolios can decrease your overall portfolio volatility.