Vopia Inc Stock Market Value
| DRNG Stock | USD 0.0003 0.0001 50.00% |
| Symbol | Vopia |
Vopia '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 Vopia'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 Vopia.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Vopia on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Vopia Inc or generate 0.0% return on investment in Vopia over 30 days. Vopia is related to or competes with ASSA ABLOY, BIO Key, Knightscope, Guardforce, Supercom, Zedcor, and SSC Security. Drone Guarder, Inc., an early stage security and surveillance company, focuses on commercializing a drone enhanced home ... More
Vopia 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 Vopia'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 Vopia Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0685 | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Vopia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vopia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vopia's standard deviation. In reality, there are many statistical measures that can use Vopia historical prices to predict the future Vopia's volatility.| Risk Adjusted Performance | 0.0676 | |||
| Jensen Alpha | 1.3 | |||
| Total Risk Alpha | (1.23) | |||
| Treynor Ratio | (3.34) |
Vopia Inc Backtested Returns
Vopia is out of control given 3 months investment horizon. Vopia Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate twenty-three different technical indicators, which can help you to evaluate if expected returns of 1.82% are justified by taking the suggested risk. Use Vopia Inc Variance of 276.16, risk adjusted performance of 0.0676, and Coefficient Of Variation of 1316.15 to evaluate company specific risk that cannot be diversified away. Vopia holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of -0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Vopia are expected to decrease at a much lower rate. During the bear market, Vopia is likely to outperform the market. Use Vopia Inc potential upside, as well as the relationship between the daily balance of power and market facilitation index , to analyze future returns on Vopia Inc.
Auto-correlation | 0.00 |
No correlation between past and present
Vopia Inc has no correlation between past and present. Overlapping area represents the amount of predictability between Vopia time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Vopia Inc price movement. The serial correlation of 0.0 indicates that just 0.0% of current Vopia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vopia Inc lagged returns against current returns
Autocorrelation, which is Vopia 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 Vopia's pink sheet expected returns. We can calculate the autocorrelation of Vopia returns to help us make a trade decision. For example, suppose you find that Vopia 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 |
Vopia 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 Vopia pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vopia pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vopia pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Vopia Lagged Returns
When evaluating Vopia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vopia pink sheet have on its future price. Vopia 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, Vopia autocorrelation shows the relationship between Vopia pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Vopia Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Vopia Pink Sheet
Vopia financial ratios help investors to determine whether Vopia Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vopia with respect to the benefits of owning Vopia security.