Vestas Wind Systems Stock Market Value
| VWDRY Stock | USD 4.73 0.11 2.38% |
| Symbol | Vestas |
Vestas Wind '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 Vestas Wind'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 Vestas Wind.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Vestas Wind on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Vestas Wind Systems or generate 0.0% return on investment in Vestas Wind over 720 days. Vestas Wind is related to or competes with Kone Oyj, Schneider Electric, Schneider Electric, Fanuc, Smiths Group, Nuscale Power, and Ballard Power. Vestas Wind Systems AS designs, manufactures, installs, and services wind turbines worldwide More
Vestas Wind 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 Vestas Wind'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 Vestas Wind Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 18.47 | |||
| Value At Risk | (4.92) | |||
| Potential Upside | 2.68 |
Vestas Wind Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vestas Wind's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vestas Wind's standard deviation. In reality, there are many statistical measures that can use Vestas Wind historical prices to predict the future Vestas Wind's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (1.09) | |||
| Treynor Ratio | 0.5953 |
Vestas Wind Systems Backtested Returns
Vestas Wind Systems owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.23, which indicates the firm had a -0.23% return per unit of risk over the last 3 months. Vestas Wind Systems exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vestas Wind's Variance of 8.95, risk adjusted performance of (0.17), and Coefficient Of Variation of (432.52) to confirm the risk estimate we provide. The entity has a beta of -1.18, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Vestas Wind are expected to decrease by larger amounts. On the other hand, during market turmoil, Vestas Wind is expected to outperform it. At this point, Vestas Wind Systems has a negative expected return of -0.69%. Please make sure to validate Vestas Wind's value at risk and rate of daily change , to decide if Vestas Wind Systems performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.69 |
Good predictability
Vestas Wind Systems has good predictability. Overlapping area represents the amount of predictability between Vestas Wind time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Vestas Wind Systems price movement. The serial correlation of 0.69 indicates that around 69.0% of current Vestas Wind price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 1.54 |
Vestas Wind Systems lagged returns against current returns
Autocorrelation, which is Vestas Wind 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 Vestas Wind's pink sheet expected returns. We can calculate the autocorrelation of Vestas Wind returns to help us make a trade decision. For example, suppose you find that Vestas Wind 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 |
Vestas Wind 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 Vestas Wind pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vestas Wind pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vestas Wind pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Vestas Wind Lagged Returns
When evaluating Vestas Wind's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vestas Wind pink sheet have on its future price. Vestas Wind 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, Vestas Wind autocorrelation shows the relationship between Vestas Wind pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Vestas Wind Systems.
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.Additional Tools for Vestas Pink Sheet Analysis
When running Vestas Wind's price analysis, check to measure Vestas Wind'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 Vestas Wind is operating at the current time. Most of Vestas Wind's value examination focuses on studying past and present price action to predict the probability of Vestas Wind's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vestas Wind's price. Additionally, you may evaluate how the addition of Vestas Wind to your portfolios can decrease your overall portfolio volatility.