Vunani's market value is the price at which a share of Vunani trades on a public exchange. It measures the collective expectations of Vunani investors about its performance. Vunani is trading at 200.00 as of the 28th of November 2024, a No Change since the beginning of the trading day. The stock's lowest day price was 200.0. With this module, you can estimate the performance of a buy and hold strategy of Vunani and determine expected loss or profit from investing in Vunani 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 inflation.
Symbol
Vunani
Vunani '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 Vunani'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 Vunani.
0.00
09/29/2024
No Change 0.00
0.0
In 2 months and 2 days
11/28/2024
0.00
If you would invest 0.00 in Vunani on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Vunani or generate 0.0% return on investment in Vunani over 60 days.
Vunani 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 Vunani'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 Vunani 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 Vunani's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vunani's standard deviation. In reality, there are many statistical measures that can use Vunani historical prices to predict the future Vunani's volatility.
At this point, Vunani is very steady. Vunani owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.001, which indicates the firm had a 0.001% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Vunani, which you can use to evaluate the volatility of the company. Please validate Vunani's Risk Adjusted Performance of 0.0209, semi deviation of 2.83, and Coefficient Of Variation of 5837.21 to confirm if the risk estimate we provide is consistent with the expected return of 0.0035%. The entity has a beta of 0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vunani's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vunani is expected to be smaller as well. Vunani right now has a risk of 3.38%. Please validate Vunani sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Vunani will be following its existing price patterns.
Auto-correlation
0.13
Insignificant predictability
Vunani has insignificant predictability. Overlapping area represents the amount of predictability between Vunani time series from 29th of September 2024 to 29th of October 2024 and 29th of October 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 Vunani price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Vunani price fluctuation can be explain by its past prices.
Correlation Coefficient
0.13
Spearman Rank Test
0.22
Residual Average
0.0
Price Variance
36.85
Vunani lagged returns against current returns
Autocorrelation, which is Vunani 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 Vunani's stock expected returns. We can calculate the autocorrelation of Vunani returns to help us make a trade decision. For example, suppose you find that Vunani 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
Vunani 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 Vunani stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vunani stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vunani stock over time.
Current vs Lagged Prices
Timeline
Vunani Lagged Returns
When evaluating Vunani's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vunani stock have on its future price. Vunani 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, Vunani autocorrelation shows the relationship between Vunani stock current value and its past values and can show if there is a momentum factor associated with investing in Vunani.
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.