Victory Energy Corp Stock Market Value
| VYEY Stock | USD 0.30 0.00 0.00% |
| Symbol | Victory |
Victory Energy '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 Victory Energy'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 Victory Energy.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Victory Energy on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Victory Energy Corp or generate 0.0% return on investment in Victory Energy over 30 days. Victory Energy is related to or competes with Halliburton, Akastor ASA, Calfrac Well, TerraVest Industries, Enterprise, High Arctic, and Total Energy. Victory Oilfield Tech, Inc. operates as an oilfield energy technology products company in the United States More
Victory Energy 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 Victory Energy'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 Victory Energy Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1422 | |||
| Maximum Drawdown | 1090.0 | |||
| Value At Risk | (3.33) |
Victory Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Victory Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Victory Energy's standard deviation. In reality, there are many statistical measures that can use Victory Energy historical prices to predict the future Victory Energy's volatility.| Risk Adjusted Performance | 0.1194 | |||
| Jensen Alpha | 22.88 | |||
| Total Risk Alpha | (2.06) | |||
| Treynor Ratio | (1.00) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Victory Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Victory Energy Corp Backtested Returns
Victory Energy is out of control given 3 months investment horizon. Victory Energy Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We were able to analyze and collect data for eighteen different technical indicators, which can help you to evaluate if expected returns of 20.43% are justified by taking the suggested risk. Use Victory Energy Corp Risk Adjusted Performance of 0.1194, variance of 20372.17, and Coefficient Of Variation of 698.73 to evaluate company specific risk that cannot be diversified away. Victory Energy holds a performance score of 11 on a scale of zero to a hundred. The entity has a beta of -20.47, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Victory Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, Victory Energy is expected to outperform it. Use Victory Energy Corp coefficient of variation, value at risk, as well as the relationship between the Value At Risk and relative strength index , to analyze future returns on Victory Energy Corp.
Auto-correlation | -0.35 |
Poor reverse predictability
Victory Energy Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Victory Energy time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Victory Energy Corp price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Victory Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Victory Energy Corp lagged returns against current returns
Autocorrelation, which is Victory Energy 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 Victory Energy's pink sheet expected returns. We can calculate the autocorrelation of Victory Energy returns to help us make a trade decision. For example, suppose you find that Victory Energy 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 |
Victory Energy 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 Victory Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Victory Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Victory Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Victory Energy Lagged Returns
When evaluating Victory Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Victory Energy pink sheet have on its future price. Victory Energy 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, Victory Energy autocorrelation shows the relationship between Victory Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Victory Energy Corp.
Regressed Prices |
| Timeline |
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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 Victory Pink Sheet Analysis
When running Victory Energy's price analysis, check to measure Victory Energy'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 Victory Energy is operating at the current time. Most of Victory Energy's value examination focuses on studying past and present price action to predict the probability of Victory Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Victory Energy's price. Additionally, you may evaluate how the addition of Victory Energy to your portfolios can decrease your overall portfolio volatility.