Vortex Consolidated's market value is the price at which a share of Vortex Consolidated trades on a public exchange. It measures the collective expectations of Vortex Consolidated Bhd investors about its performance. Vortex Consolidated is selling for 0.12 as of the 21st of December 2024. This is a 7.69 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.12. With this module, you can estimate the performance of a buy and hold strategy of Vortex Consolidated Bhd and determine expected loss or profit from investing in Vortex Consolidated over a given investment horizon. Check out Trending Equities 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 board of governors.
Symbol
Vortex
Vortex Consolidated '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 Vortex Consolidated'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 Vortex Consolidated.
0.00
10/22/2024
No Change 0.00
0.0
In 2 months and 1 day
12/21/2024
0.00
If you would invest 0.00 in Vortex Consolidated on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Vortex Consolidated Bhd or generate 0.0% return on investment in Vortex Consolidated over 60 days.
Vortex Consolidated 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 Vortex Consolidated'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 Vortex Consolidated Bhd 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 Vortex Consolidated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vortex Consolidated's standard deviation. In reality, there are many statistical measures that can use Vortex Consolidated historical prices to predict the future Vortex Consolidated's volatility.
Vortex Consolidated Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.003, which indicates the firm had a -0.003% return per unit of risk over the last 3 months. Vortex Consolidated Bhd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vortex Consolidated's Coefficient Of Variation of (34,402), variance of 21.88, and Risk Adjusted Performance of 0.006 to confirm the risk estimate we provide. The entity has a beta of 0.0265, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vortex Consolidated's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vortex Consolidated is expected to be smaller as well. At this point, Vortex Consolidated Bhd has a negative expected return of -0.014%. Please make sure to validate Vortex Consolidated's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Vortex Consolidated Bhd performance from the past will be repeated at some point in the near future.
Auto-correlation
0.27
Poor predictability
Vortex Consolidated Bhd has poor predictability. Overlapping area represents the amount of predictability between Vortex Consolidated time series from 22nd of October 2024 to 21st of November 2024 and 21st of November 2024 to 21st of December 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 Vortex Consolidated Bhd price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Vortex Consolidated price fluctuation can be explain by its past prices.
Correlation Coefficient
0.27
Spearman Rank Test
0.08
Residual Average
0.0
Price Variance
0.0
Vortex Consolidated Bhd lagged returns against current returns
Autocorrelation, which is Vortex Consolidated 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 Vortex Consolidated's stock expected returns. We can calculate the autocorrelation of Vortex Consolidated returns to help us make a trade decision. For example, suppose you find that Vortex Consolidated 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
Vortex Consolidated 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 Vortex Consolidated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vortex Consolidated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vortex Consolidated stock over time.
Current vs Lagged Prices
Timeline
Vortex Consolidated Lagged Returns
When evaluating Vortex Consolidated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vortex Consolidated stock have on its future price. Vortex Consolidated 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, Vortex Consolidated autocorrelation shows the relationship between Vortex Consolidated stock current value and its past values and can show if there is a momentum factor associated with investing in Vortex Consolidated Bhd.
Regressed Prices
Timeline
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